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 $6.51, up 1.4% from the previous day, and has increased 25.68% in one year. It has overperformed other stocks in the Gold industry by 0.37 percentage points. Kinross Gold stock is currently +50.69% from its 52-week low of $4.32, and -4.41% from its 52-week high of $6.81.
As of Apr 18, 2024, there are 1.23B shares of KGC outstanding. The market cap of KGC is $7.99B. In the past 24 hours, 16.23M KGC shares were traded.
How to Buy Kinross Gold Stock
Wondering how to invest in Kinross Gold stock? Here's how.
- 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.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your investment account: Pick your method of payment and add your details.
- 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).
- 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.
- 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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Open eToro AccountStep 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.
How to Start a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start your new brokerage account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
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.
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 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 19.15x, relative to Gold industry P/E ratio of 11.19x
- KGC may be undervalued based on its P/B ratio of 1.31x, relative to Gold industry P/B ratio of 1.7x
- KGC could be overvalued based on its PEG ratio of 1.21x
You can do additional valuation research on KGC's stock here.
KGC Financial Health
Signs that KGC is financially healthy:
- KGC earnings of $814.60M is not enough to cover its interest payments.
- KGC's operating cash flow of $1.74B 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 0.9% to 9.8% 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 0.72.
You can dive deeper into what analysts are forecasting on the Kinross Gold stock forecast page.
Metrics for Advanced KGC Traders
KGC Performance Numbers
Last year, KGC earnings were $416.30M. Over the last four year, KGC's earnings have grown by -12.12% per year. This was slower than the Gold industry average of 12.14%.
Last year, KGC revenue was $4.24B. In the past five year, KGC's revenue has increased by 5.71% per year. This was slower than the Gold industry average of 15.81%.
Find out more about KGC's earnings and revenue performance here.
What are KGC executives and large shareholders up to?
In the last 12 months, executives and large shareholders at KGC have not bought or sold any shares.
Learn more about who owns KGC stock here.
Does KGC provide a stable income stream?
Kinross Gold pays a dividend of 1.84%, compared to the Gold industry's average dividend yield of 2.13%. If you owned $1,000 of KGC stock, you would have been paid $18.43 in the past 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.
Get analysis from other investors
One of the reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Place your KGC buy order
You have two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount, use a limit order.
Click the Open button and eToro will execute your order.
If you require more help with buying stocks on eToro, click the how to video below:
Step 6: Get the latest news on your investment in KGC
Now that you own some KGC stock, you'll want to keep up with your stock purchase.
Add KGC to a watchlist to keep tabs on your KGC stock.
KGC Feed
How to Buy Stock in Kinross Gold
To reiterate, here are the 6 steps for buying Kinross Gold stock:
- Decide where to buy Kinross Gold stock
- Create a brokerage account
- Fund your investment account
- Research Kinross Gold stock
- Place your KGC buy order
- Get the latest news on your investment in KGC
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you want to get updates on your new investment in Kinross Gold, create a watchlist on WallStreetZen today.
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