KGC
Basic MaterialsKinross Gold Corporation · Gold · $34B
What is Kinross Gold Corporation?
Kinross Gold Corporation is a large-cap gold mining company headquartered in Toronto, Canada. Operating mines across multiple continents, it ranks among the more diversified senior gold producers listed on North American exchanges.
Kinross generates revenue by acquiring, exploring, developing, and operating gold mining properties. Its core business is extracting and processing gold-bearing ores at mines located in the United States, Brazil, Chile, Ghana, and Mauritania. The company also produces and sells silver as a by-product. Revenue flows primarily from selling refined gold to bullion dealers and financial institutions, making Kinross's financial performance closely tied to prevailing gold prices.
Kinross Gold was founded in 1981 and is headquartered in Toronto, Canada.
- Gold extraction and processing at company-operated mines
- Silver production and sales as a by-product stream
- Mineral exploration and resource development
- Reclamation and environmental management of mining properties
Is KGC a Good Stock to Buy?
UQS Score rates KGC as Very Good overall.
Kinross scores particularly well on Quality, Growth, and Risk — a combination that stands out within the Basic Materials sector. The company's operational profile suggests above-average cash generation relative to sector peers, while its Risk pillar reflects a balance sheet and operational structure that compares favorably to many gold mining peers. Growth signals are also rated Strong, pointing to a positive fundamental trajectory.
The Moat pillar is rated Weak, which is common across the gold mining industry — commodity producers rarely build durable pricing power. Investors should weigh this structural limitation when assessing long-term competitive positioning.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does KGC pay dividends?
Yes — Kinross Gold Corporation pays a dividend.
Kinross Gold pays a regular dividend, which is relatively uncommon among mid-tier gold miners and signals a degree of financial confidence from management. The dividend reflects the company's ability to return capital while continuing to invest in mine development. Income-oriented investors may find this cadence appealing, though dividend sustainability in mining is always tied to commodity price cycles.
When does KGC report earnings?
Kinross Gold reports earnings on a quarterly cadence, consistent with standard practice for TSX- and NYSE-listed equities.
Quarterly results for gold miners like Kinross tend to reflect movements in the gold price, production volumes, and all-in sustaining costs. Kinross's Strong Quality and Growth pillar ratings suggest its recent operational performance has been above the sector average. For the most current figures, results should be reviewed directly from the source.
For the most recent quarter's results and guidance updates, visit Kinross Gold's investor relations page at kinross.com.
KGC Price History
+331.9% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Kinross Gold Corporation?
Based on Kinross Gold Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
KGC Long-term Outlook
Kinross's Strong Growth pillar suggests the company's fundamental trajectory is positive relative to sector peers. Combined with a Strong Risk rating, the outlook reflects an operational profile that appears well-positioned to navigate gold price volatility. The Attractive Valuation label indicates the market may not yet be fully pricing in the company's quality characteristics, which could be meaningful for patient investors with a longer time horizon.
Growth drivers
- Sustained or rising gold prices supporting revenue and margins
- Mine development and resource expansion across existing asset base
- Operational efficiency improvements reducing per-ounce production costs
Key risks
- Gold price cyclicality directly impacts revenue and profitability
- Geopolitical and regulatory risk across multi-jurisdiction operations
- Capital-intensive mine development can pressure free cash flow
KGC vs Peers
Kinross competes with a range of senior and royalty-based gold companies, each with a distinct operating model.
Gold Fields is a South Africa-headquartered producer with a portfolio weighted toward deep-level and open-pit mines across Africa, Australia, and the Americas.
Franco-Nevada operates as a royalty and streaming company, giving it exposure to gold prices without the operational and capital risks of running mines directly.
AngloGold Ashanti is one of the world's largest gold producers, with a geographically diverse asset base spanning Africa, the Americas, and Australia.
Frequently Asked Questions
What does Kinross Gold do?
Kinross Gold acquires, explores, develops, and operates gold mining properties across multiple countries including the United States, Brazil, Chile, Ghana, and Mauritania. The company extracts and processes gold-bearing ores and also produces silver as a by-product. It sells refined gold primarily to bullion dealers and financial institutions.
Does KGC pay dividends?
Yes, Kinross Gold pays a regular dividend. This distinguishes it from many smaller gold miners that reinvest all cash flow into exploration and development. The dividend reflects management's confidence in the company's cash generation, though it remains subject to commodity price conditions.
When does KGC report earnings?
Kinross Gold reports earnings on a quarterly basis, in line with standard practice for companies listed on North American exchanges. For exact reporting dates and the most recent results, check Kinross Gold's investor relations page at kinross.com.
Is KGC a good stock to buy?
KGC earns a Very Good UQS Score, with Strong ratings across Quality, Growth, and Risk pillars, and an Attractive Valuation label. The Moat pillar is rated Weak, which is typical for commodity producers. Whether KGC fits your portfolio depends on your risk tolerance and view on gold prices. The full pillar breakdown is available to UQS Pro members.
Is KGC overvalued?
UQS Score rates KGC's Valuation as Attractive, suggesting the stock may be reasonably priced relative to its fundamental quality profile. Gold miners' valuations fluctuate with the gold price, so this assessment should be considered alongside broader commodity market conditions. View the complete valuation analysis by signing up for UQS Pro.
How does KGC compare to its competitors?
Kinross competes with senior producers like Gold Fields and AngloGold Ashanti, as well as royalty companies like Franco-Nevada. Unlike royalty firms, Kinross bears direct operational risk but also captures more upside from its own mines. Its Very Good UQS Score positions it competitively within the gold sector. See side-by-side comparisons on UQS Score.
What is KGC's market cap bracket?
Kinross Gold is classified as a large-cap company, placing it among the more substantial senior gold producers globally. Large-cap status generally reflects greater liquidity and institutional coverage compared to mid- or small-cap mining peers.
Who founded Kinross Gold?
Kinross Gold was founded in 1981. The company has grown significantly over the decades through acquisitions and organic mine development, evolving into one of the larger senior gold producers listed on North American exchanges. Full founding history is publicly available through the company's corporate profile.
Is KGC a long-term quality investment?
From a quality indicator perspective, KGC's Strong ratings across Quality, Growth, and Risk pillars suggest a fundamentally sound operational profile relative to sector peers. The Weak Moat rating is a structural consideration for long-term holders, as commodity producers face inherent pricing power limitations. UQS Pro members can access the full long-term quality breakdown.
What is the main competitive advantage of Kinross Gold?
Kinross's competitive positioning rests on its geographically diversified asset base, operational scale, and ability to generate cash flow across commodity cycles. While the gold mining industry broadly lacks durable pricing power — reflected in the Weak Moat rating — Kinross's Strong Quality and Risk scores suggest above-average operational execution relative to peers.
What sector does KGC belong to?
Kinross Gold belongs to the Basic Materials sector, specifically within the gold mining industry. Basic Materials stocks are closely tied to commodity prices, making them sensitive to macroeconomic conditions, currency movements, and supply-demand dynamics in global gold markets.
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Pro Analysis
KGC — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 23, 2026 | 72.1 | 83.6 | 20.0 | 85.0 | 98.5 | 96.2 | +0.1 |
| May 20, 2026 | 72.0 | 83.6 | 20.0 | 85.0 | 98.5 | 95.5 | +0.1 |
| May 13, 2026 | 71.9 | 83.6 | 20.0 | 85.0 | 98.5 | 94.6 | +0.1 |
| May 11, 2026 | 71.8 | 83.5 | 20.0 | 85.0 | 98.5 | 94.2 | +1.4 |
| May 7, 2026 | 70.4 | 80.3 | 20.0 | 85.0 | 93.9 | 95.2 | -0.1 |
| May 3, 2026 | 70.5 | 80.3 | 20.0 | 85.0 | 93.9 | 95.5 | +0.2 |
| Apr 26, 2026 | 70.3 | 80.3 | 20.0 | 85.0 | 93.9 | 94.7 | 0.0 |
| Apr 22, 2026 | 70.3 | 80.3 | 20.0 | 85.0 | 93.9 | 94.1 | -6.3 |
| Apr 21, 2026 | 76.6 | 95.0 | 20.0 | 100.0 | 93.9 | 92.0 | -0.1 |
| Apr 19, 2026 | 76.7 | 94.4 | 20.0 | 100.0 | 93.9 | 93.7 | -0.3 |
KGC — Pillar Breakdown
Quality
— 83.6/100 (25%)Kinross Gold Corporation demonstrates outstanding capital efficiency and profitability, placing it among the highest-quality businesses in the market.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 85.0/100 (20%)Kinross Gold Corporation is growing rapidly with strong revenue and earnings expansion.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 98.5/100 (15%)Kinross Gold Corporation carries minimal financial risk with conservative leverage and strong solvency.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 96.1/100 (15%)Kinross Gold Corporation appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 20/100 (25%)Kinross Gold Corporation operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for KGC.
Score Composition
Financial Data
More Stock Analysis
How is the KGC UQS Score Calculated?
The UQS (Unified Quality Score) for Kinross Gold Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Kinross Gold Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Kinross Gold Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.