Commodity prices generally fell in the September-ending quarter, except for gold. Concerns about weak China end-user steel demand affected iron ore and other steelmaking commodities, while base metals prices fell on worries over slower economic growth in China and elsewhere.
Tasiast and Paracatu, Kinross' two largest operations by production, sit within the lower half of the industry cost curve.
Kinross sits around the middle of the gold cost curve, making it more leveraged to movements in gold prices compared with its lower-cost competitors.
|
Metric
|
K
|
GOLD
|
NEM
|
|---|---|---|---|
Price/Earnings (Normalized) | 19.89 | 19.85 | 35.23 |
Price/Book Value | 1.82 | 1.50 | 2.11 |
Price/Sales | 2.58 | 3.00 | 3.70 |
Price/Cash Flow | 7.36 | 8.12 | 11.56 |
|
Metric
|
K
|
GOLD
|
NEM
|
|---|---|---|---|
Quick Ratio | 0.40 | 1.92 | 0.63 |
Current Ratio | 1.27 | 3.01 | 2.11 |
Interest Coverage | 14.56 | 10.62 | −3.79 |
|
Metric
|
K
|
GOLD
|
NEM
|
|---|---|---|---|
Return on Assets (Normalized) | 5.52% | 3.88% | 4.61% |
Return on Equity (Normalized) | 9.54% | 7.63% | 8.90% |
Return on Invested Capital (Normalized) | 7.15% | 5.56% | 7.11% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Zijin Mining Group Co Ltd ADR
ZIJMY
| — | Lggb | $65.0 Bil | |||
| Zijin Mining Group Co Ltd Class H
ZIJMF
| — | Pgqh | $65.0 Bil | |||
| Newmont Corp Chess Depository Interest
NEMCL
| — | Ndhdj | $61.8 Bil | |||
| Newmont Corp
NEM
| Llfdrrtz | Dthtz | $61.8 Bil | |||
| Agnico Eagle Mines Ltd
AEM
| Grtzvxsm | Dwhr | $41.1 Bil | |||
| Barrick Gold Corp
GOLD
| Kgrhfpwp | Bztd | $35.6 Bil | |||
| Wheaton Precious Metals Corp
WPM
| Sbpwcgmrw | Dydy | $28.4 Bil | |||
| Franco-Nevada Corp
FNV
| — | Yqkf | $24.2 Bil | |||
| Gold Fields Ltd
GFIOF
| — | Lmyz | $14.5 Bil | |||
| Kinross Gold Corp
KGC
| Xhf | Xwyn | $11.7 Bil |
United States