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How to Buy Kinross Gold Stock

Kinross Gold Corp

Kinross Gold is a gold company located in Ontario, Canada, which is part of the Basic Materials sector, and is traded under the ticker KGC on the NYSE exchange.

Kinross Gold stock last closed at $7.38, down 1.34% from the previous day, and has increased 51.85% in one year. It has overperformed other stocks in the Gold industry by 0.54 percentage points. Kinross Gold stock is currently +70.83% from its 52-week low of $4.32, and -10.82% from its 52-week high of $8.28.

As of Jun 13, 2024, there are 1.23B shares of KGC outstanding. The market cap of KGC is $9.06B. In the past 24 hours, 14.18M KGC shares were traded.

How to Buy Kinross Gold Stock

Wondering how to invest in Kinross Gold stock? Here's how.
  1. Decide where to buy Kinross Gold stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Kinross Gold stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Fund your investment account: Pick your method of payment and add your details.
  4. Research Kinross Gold stock: The Kinross Gold ticker symbol is KGC. Is Kinross Gold stock a good investment? Should you buy shares of KGC? How do KGC's underlying business fundamentals look? Do top analysts think Kinross Gold is a good buy? Why has KGC's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if KGC is a good stock to buy).
  5. Place your KGC buy order: Decide if you will purchase KGC shares at the current market price or use a limit order to purchase KGC shares at a given price.
  6. Get the latest news on your investment in KGC: Create a watchlist to get the latest news on your position in Kinross Gold stock.

Step 1: Decide where to buy Kinross Gold stock

You will need a brokerage account to access the NYSE market and buy KGC shares.

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Step 2: Create a brokerage account

Now that you've selected your brokerage, it's time to fill out some personal info so you can invest in KGC stock today.

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Step 3: Fund your investment account

Now that you've finished signing up on one of the best stock market apps, your next step is to transfer the money for your investment:

Check out this video walkthrough for more details depositing money into your new brokerage account.

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Step 4: Research Kinross Gold stock

Once you have chosen the best place to buy Kinross Gold stock, it's important to evaluate their stock prior to buying, so you can wrap your head around the risk and opportunity.

Kinross Gold stock data

KGC Price
$7.38
1w %
-7.63%
1y %
51.85%
5y %
106.72%
P/E
21.09x
P/B
1.47x
P/S
2.06x
PEG
1.12x
Revenue
$4.39B
Earnings
$433.10M
Fore. Rev. Growth
-0.09%
Fore. Earn. Growth
20.93%
Market Cap
$9.06B
Next Earnings
Jul 31, 2024
Next Dividend
N/A

KGC Overview

WallStreetZen was built to help part-time investors do more accurate fundamental analysis quickly.

You can see all of the due diligence checks on KGC's stock page.

Is KGC stock properly valued?

You can use many financial metrics, analyses, models, and charts to gauge KGC's intrinsic value.

Using relative valuations ratios:

  • KGC could be overvalued based on its P/E ratio of 21.09x, relative to Gold industry P/E ratio of 8.27x
  • KGC may be undervalued based on its P/B ratio of 1.47x, relative to Gold industry P/B ratio of 1.71x
  • KGC could be overvalued based on its PEG ratio of 1.12x

You can do additional valuation research on KGC's stock here.

KGC Financial Health

Signs that KGC is financially healthy:

  • KGC earnings of $854.50M is not enough to cover its interest payments.
  • KGC's operating cash flow of $1.87B allows it to safely service it's debt of $2.25B.
  • There are more short-term assets than short-term liabilities on the KGC balance sheet.
  • Total KGC debt is lower than 5 years ago, relative to shareholder equity.
  • KGC profit margin has gone up from 1.1% to 9.9% in the past year.

Signs that KGC is not financially healthy:

  • There are more long-term liabilities than short-term assets on the KGC balance sheet.
  • KGC has a relatively high debt to equity ratio of 0.7.

Do analysts think it's a good time to buy KGC stock

Out of 1 Wall Street analysts who track KGC, the consensus analyst rating on KGC is a Buy

It's important to keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Kinross Gold stock forecast page.

KGC Trading Indicators

SMA10
7.71
SMA20
7.87
SMA50
7.19
SMA100
6.31
SMA200
5.84
MACD
0.07
MACD Signal
0.2
MACD Histogram
-0.13
RSI
45.09
Stochastic %K
15.73
Stochastic %D
17.22
StochRSI %K
4.91
StochRSI %D
5.89

How is KGC performing as a company?

Last year, KGC earnings were $433.10M. During the past four year, KGC's earnings have gone up by -13.32% per year. This was slower than the Gold industry average of 1.97%.

Last year, KGC revenue was $4.39B. In the last 5 year, KGC's revenue has increased by 7.2% per year. This was slower than the Gold industry average of 14.06%.

Dig into KGC's earnings and revenue performance here.

Are KGC insiders buying or selling the stock?

Over the past year, executives and large shareholders at KGC have not bought or sold any shares.

Research more about who owns KGC shares here.

Does KGC provide a stable income stream?

Kinross Gold pays a dividend of 1.22%, compared to the Gold industry's average dividend yield of 2.04%. If you owned $1,000 worth of KGC stock, you would have been paid $12.20 last year.

Kinross Gold dividend payments have not consistently grown over the past decade but have remained stable.

Dig into more info about Kinross Gold dividend yield and history here.

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Step 5: Place your KGC buy order

There are two main options:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a particular price limit, use a limit order.

Press the Open Trade button and your broker will execute the order.

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Step 6: Get the latest news on your investment in KGC

Now that you own some KGC shares, you'll want to stay up-to-date on your shares.

Create a watchlist to track the most important metrics related to your KGC stock.

KGC Feed

How to Buy Stock in Kinross Gold

To reiterate, here are the 6 steps to buy Kinross Gold stock:

  1. Decide where to buy Kinross Gold stock
  2. Create a brokerage account
  3. Fund your investment account
  4. Research Kinross Gold stock
  5. Place your KGC buy order
  6. Get the latest news on your investment in KGC

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If you would like to keep track of your new investment in Kinross Gold, create a watchlist today.

NYSE: KGC
$7.38-0.10 (-1.34%)
Updated Jun 13, 2024
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NYSE: KGC
$7.38-0.10 (-1.34%)
Updated Jun 13, 2024
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FAQ

How much does it cost to buy one Kinross Gold share?

As of Jun 13, 2024, it costs $7.38 to buy one share of Kinross Gold stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.407 shares of KGC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Kinross Gold stock?

According to 1 Wall Street analysts who monitor Kinross Gold, their consensus recommendation is to buy Kinross Gold stock.

What is the best way to buy Kinross Gold stock?

One way to place an order for Kinross Gold stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.