Kinross Gold (K) Stock Forecast and Price Target 2024 (2024)

FAQs

How high will Kinross Gold go? ›

Average Price Target

Based on 12 Wall Street analysts offering 12 month price targets for Kinross Gold in the last 3 months. The average price target is $10.14 with a high forecast of $12.00 and a low forecast of $6.80.

Kinross Gold Stock Prediction 2025

The Kinross Gold stock prediction for 2025 is currently $ 9.95, assuming that Kinross Gold shares will continue growing at the average yearly rate as they did in the last 10 years. This would represent a 10.23% increase in the KGC stock price.

Kinross' Board of Directors declared a quarterly dividend of $0.03 per common share payable on June 13, 2024, to shareholders of record at the close of business on May 30, 2024. On track to meet annual guidance: On an attributable basis⁶, Kinross expects to produce 2.1 million Au eq.

Based on short-term price targets offered by 14 analysts, the average price target for Kinross Gold comes to $9.77. The forecasts range from a low of $6.80 to a high of $11.50. The average price target represents an increase of 8.19% from the last closing price of $9.03.

Kinross Gold Corp. has 15.52% upside potential, based on the analysts' average price target. Kinross Gold Corp. has a consensus rating of Moderate Buy which is based on 8 buy ratings, 3 hold ratings and 1 sell ratings.

Within the past 12 months, KGC's P/CF has been as high as 7.74 and as low as 4.18, with a median of 5.44. These figures are just a handful of the metrics value investors tend to look at, but they help show that Kinross Gold is likely being undervalued right now.

quote is equal to 54.700 USD at 2024-07-30. Based on our forecasts, a long-term increase is expected, the "KR" stock price prognosis for 2029-07-25 is 75.423 USD. With a 5-year investment, the revenue is expected to be around +37.89%. Your current $100 investment may be up to $137.89 in 2029.

The quarterly dividend amounts to $0.12 per share on an annualized basis. The dividend qualifies as an "eligible dividend" for Canadian income tax purposes, while dividends paid to shareholders outside Canada (non-resident investors) will be subject to Canadian non-resident withholding taxes.

Kinross' 2024 all-in sustaining cost (AISC) per gold equivalent oz. guidance at $1,360 (+/-5%) is somewhat higher than Agnico Eagle's 2024 AISC per oz. guidance in the range of $1,200-$1,250, but lower than AngloGold Ashanti's AISC per oz.

Where is Kinross cashmere made? ›

The journey symbol within our logo reflects the lengthy passage our product makes from the cold and inhospitable plains of Inner Mongolia where the fiber is hand-combed from the finest downy fleece of the cashmere goat through a very long journey of refinement to ultimately become a KINROSS-quality garment.

According to analysts, K price target is 14.37 CAD with a max estimate of 17.99 CAD and a min estimate of 9.26 CAD. Check if this forecast comes true in a year, meanwhile watch KINROSS GOLD CORP stock price chart and keep track of the current situation with K news and stock market news.

The ownership structure of Kinross Gold (KGC) stock is a mix of institutional, retail and individual investors. Approximately 29.70% of the company's stock is owned by Institutional Investors, 0.91% is owned by Insiders and 69.39% is owned by Public Companies and Individual Investors.

According to analysts, GGP price target is 16.00 GBX with a max estimate of 20.00 GBX and a min estimate of 12.00 GBX.

Gold prices are expected to hit $2,500/oz by the fourth quarter of 2024 and $2,600/oz by the end of 2025. The structural drivers that have helped gold's rally so far will still remain a critical bullish driving force going forward, with J.P. Morgan economists expecting a Fed cut to come in November.

Yes, gold is likely to be worth more in 10 years due to factors such as persistent global inflation, ongoing geopolitical tensions, and increasing demand from both investors and industrial sectors. These factors contribute to a steady upward trend in gold prices over the long term.

Kinross Gold (Kinross Gold) Book Value per Share : $5.01 (As of Mar. 2024)