This article gives complete details about the Kinross Gold stock forecast for 2023 to 2030 respectively.
What does Kinross Gold do?
Kinross gold corporation is a silver and gold mining company based in Canada headquartered in Toronto, Ontario, Canada.
It was founded in 1993 by Robert M Buchan. Kinross presently operates seven active gold mines and is ranked 5th of the “10 Top Gold-mining Companies” of 2019 by InvestingNews. The Kinross mines are located in Ghana, Russia, Brazil, Mauritania, and the United States.
Kinross Gold Corporation is engaged in mining gold and other related activities, including the acquisition and exploration of gold properties, the extraction and processing of gold-containing ore, and the reclamation of gold mining properties.
Is Kinross Gold a Good Buy?
Valuation metrics show that Kinross Gold Corporation may be undervalued, and its Value Score of A indicates it would be a good pick for value investors.
The financial health and growth prospects of KGC demonstrate its capacity to outperform the market.
Is KGC Stock Buy or Sell?
Kinross Gold has received a high rating of Buy; the company’s average rating score is 2.65 and is based on four hold ratings, 7 buy ratings, and no sell ratings.
It currently has a market capitalization of $9 billion and an EV (enterprise value) of $10.1 billion, which, when compared to its earnings, shows just how affordable the stock is.
Reasons why Kinross Gold Stock is dropping
Although some of the sell-offs can be explained by the small plunge in gold prices, much of the reason Kinross stock (KGC) sank was due to gold stocks losing their value.
With the rise of cryptocurrencies and many other growth opportunities in the markets, gold stocks have been ignored and, consequently, become quite affordable and cheap.
Kinross Gold Stock Forecast 2023
Kinross Gold Stock forecast for the year 2023, according to some technical analysis, Kinross Gold is expected to have a low forecast of 4.55, a high forecast of 5.26, and an average of 4.93 for the year 2023.
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Kinross Gold Stock Forecast 2024
Kinross Gold Stock forecast for the year 2024, according to some technical analysis, Kinross Gold is expected to have a low forecast of 4.2, a high forecast of 4.55, and an average of 4.39 for the year 2024.
Kinross Gold Stock Forecast 2025
Kinross Gold Stock forecast for the year 2025, according to some technical analysis, Kinross Gold is expected to have a low forecast of 4.34, a high forecast of 4.4, and an average of 4.36 for the year 2025.
Kinross Gold Stock Price Prediction 2026
Kinross Gold Stock forecast for the year 2026, according to some technical analysis, Kinross Gold is expected to have a low forecast of 4.36, a high forecast of 4.54, and an average of 4.45 for the year 2026.
Kinross Gold Stock Price Prediction 2027
Kinross Gold Stock forecast for the year 2027, according to some technical analysis, Kinross Gold is expected to have a low forecast of 4.49, a high forecast of 4.66, and an average of 4.61 for the year 2027.
Kinross Gold Stock Price Prediction 2028
Kinross Gold Stock forecast for the year 2028, according to some technical analysis, Kinross Gold is expected to have a low forecast of 4.16, a high forecast of 4.8, and an average of 4.36 for the year 2028.
Kinross Gold Stock Price Prediction 2029
Kinross Gold Stock forecast for the year 2029, according to some technical analysis, Kinross Gold is expected to have a low forecast of 4.97, a high forecast of 5.48, and an average of 5.32 for the year 2029.
Kinross Gold Stock Price Prediction 2030
Kinross Gold Stock forecast for the year 2030, according to some technical analysis, Kinross Gold is expected to have a low forecast of 3.55, a high forecast of 5.08, and an average of 4.18 for the year 2030.
Kinross gold corporation is a silver and gold mining company with a high rating of Buy; the company’s average rating score is 2.65 and is based on four hold ratings, 7 buy ratings, and no sell ratings.
It currently has a market capitalization of $9 billion and an EV (enterprise value) of $10.1 billion, which, when compared to its earnings, shows just how affordable the stock is.
With the rise of cryptocurrencies and many other growth opportunities in the markets, gold stocks have been ignored and, consequently, become quite affordable and cheap.
Watch the video below to know more about the Kinross Gold Stock Forecast:
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