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Kinross Gold Corporation
Buy, Hold or Sell?

Let's analyse Kinross Gold Corporation together

PenkeI guess you are interested in Kinross Gold Corporation. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Kinross Gold Corporation. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Kinross Gold Corporation (30 sec.)










What can you expect buying and holding a share of Kinross Gold Corporation? (30 sec.)

How much money do you get?

How much money do you get?
€0.12
When do you have the money?
1 year
How often do you get paid?
75.0%

What is your share worth?

Current worth
€4.64
Expected worth in 1 year
€4.80
How sure are you?
75.0%

+ What do you gain per year?

Total Gains per Share
€0.27
Return On Investment
5.0%

For what price can you sell your share?

Current Price per Share
€5.39
Expected price per share
€4.0573557929725 - €5.575
How sure are you?
50%

1. Valuation of Kinross Gold Corporation (5 min.)




Live pricePrice per Share (EOD)

€5.39

Intrinsic Value Per Share

€-5.91 - €-7.25

Total Value Per Share

€-1.27 - €-2.60

2. Growth of Kinross Gold Corporation (5 min.)




Is Kinross Gold Corporation growing?

Current yearPrevious yearGrowGrow %
How rich?$6.1b$6.4b-$388.4m-6.4%

How much money is Kinross Gold Corporation making?

Current yearPrevious yearGrowGrow %
Making money$61.2m-$125.4m$186.7m304.9%
Net Profit Margin5.9%-16.5%--

How much money comes from the company's main activities?

3. Financial Health of Kinross Gold Corporation (5 min.)




4. Comparing to competitors in the Other industry (5 min.)




  Industry Rankings (Other)  


Richest
#43 / 406

Most Revenue
#72 / 406

Most Profit
#88 / 406

Most Efficient
#166 / 406

What can you expect buying and holding a share of Kinross Gold Corporation? (5 min.)

Welcome investor! Kinross Gold Corporation's management wants to use your money to grow the business. In return you get a share of Kinross Gold Corporation.

What can you expect buying and holding a share of Kinross Gold Corporation?

First you should know what it really means to hold a share of Kinross Gold Corporation. And how you can make/lose money.

Speculation

The Price per Share of Kinross Gold Corporation is €5.39. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Kinross Gold Corporation.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Kinross Gold Corporation, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €4.64. Based on the TTM, the Book Value Change Per Share is €0.04 per quarter. Based on the YOY, the Book Value Change Per Share is €-0.12 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.03 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Kinross Gold Corporation.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps0.091.7%0.050.9%-0.10-1.8%0.081.4%0.081.4%
Usd Book Value Change Per Share0.061.1%0.040.8%-0.13-2.4%0.315.8%0.315.8%
Usd Dividend Per Share0.030.6%0.030.6%0.030.6%0.020.5%0.020.5%
Usd Total Gains Per Share0.091.7%0.071.4%-0.10-1.9%0.346.3%0.346.3%
Usd Price Per Share4.61-4.52-4.75-5.03-5.03-
Price to Earnings Ratio12.89-6.56--156.92--30.02--30.02-
Price-to-Total Gains Ratio50.94--177.10-461.38-159.53-159.53-
Price to Book Ratio0.92-0.92-0.95-0.90-0.90-
Price-to-Total Gains Ratio50.94--177.10-461.38-159.53-159.53-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share5.830363
Number of shares171
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.030.02
Usd Book Value Change Per Share0.040.31
Usd Total Gains Per Share0.070.34
Gains per Quarter (171 shares)12.5257.85
Gains per Year (171 shares)50.06231.40
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
121294017215221
241599033429452
3628814050644683
48211819067859914
51031472408410731145
612417729010012881376
714420634011715031607
816523639013417171838
918526544015019322069
1020629549016721472300

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share3.01.00.075.0%7.05.00.058.3%11.05.00.068.8%11.05.00.068.8%11.05.00.068.8%
Book Value Change Per Share3.01.00.075.0%6.06.00.050.0%10.06.00.062.5%10.06.00.062.5%10.06.00.062.5%
Dividend per Share4.00.00.0100.0%12.00.00.0100.0%12.00.04.075.0%12.00.04.075.0%12.00.04.075.0%
Total Gains per Share3.01.00.075.0%8.04.00.066.7%12.04.00.075.0%12.04.00.075.0%12.04.00.075.0%

Fundamentals of Kinross Gold Corporation

About Kinross Gold Corporation

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There is no Profile data available for KIN2.DU.

Fundamental data was last updated by Penke on 2024-03-24 19:28:02.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Kinross Gold Corporation.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Kinross Gold Corporation earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Kinross Gold Corporation to the Other industry mean.
  • A Net Profit Margin of 10.0% means that €0.10 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Kinross Gold Corporation:

  • The MRQ is 10.0%. The company is making a profit. +1
  • The TTM is 5.9%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ10.0%TTM5.9%+4.0%
TTM5.9%YOY-16.5%+22.4%
TTM5.9%5Y9.3%-3.4%
5Y9.3%10Y9.3%0.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ10.0%5.6%+4.4%
TTM5.9%5.4%+0.5%
YOY-16.5%6.9%-23.4%
5Y9.3%6.0%+3.3%
10Y9.3%6.1%+3.2%
1.1.2. Return on Assets

Shows how efficient Kinross Gold Corporation is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Kinross Gold Corporation to the Other industry mean.
  • 1.0% Return on Assets means that Kinross Gold Corporation generated €0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Kinross Gold Corporation:

  • The MRQ is 1.0%. Using its assets, the company is less efficient in making profit.
  • The TTM is 0.6%. Using its assets, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.0%TTM0.6%+0.5%
TTM0.6%YOY-1.1%+1.7%
TTM0.6%5Y1.1%-0.5%
5Y1.1%10Y1.1%0.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0%1.2%-0.2%
TTM0.6%1.2%-0.6%
YOY-1.1%1.6%-2.7%
5Y1.1%1.2%-0.1%
10Y1.1%1.3%-0.2%
1.1.3. Return on Equity

Shows how efficient Kinross Gold Corporation is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Kinross Gold Corporation to the Other industry mean.
  • 1.8% Return on Equity means Kinross Gold Corporation generated €0.02 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Kinross Gold Corporation:

  • The MRQ is 1.8%. Using its investors money, the company is inefficient in making profit. -1
  • The TTM is 1.0%. Using its investors money, the company is inefficient in making profit. -1
Trends
Current periodCompared to+/- 
MRQ1.8%TTM1.0%+0.8%
TTM1.0%YOY-2.0%+3.0%
TTM1.0%5Y1.9%-0.8%
5Y1.9%10Y1.9%0.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8%3.4%-1.6%
TTM1.0%3.5%-2.5%
YOY-2.0%4.9%-6.9%
5Y1.9%3.8%-1.9%
10Y1.9%3.8%-1.9%

1.2. Operating Efficiency of Kinross Gold Corporation.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Kinross Gold Corporation is operating .

  • Measures how much profit Kinross Gold Corporation makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Kinross Gold Corporation to the Other industry mean.
  • An Operating Margin of 0.0% means the company generated €0.00  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Kinross Gold Corporation:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y23.5%-23.5%
5Y23.5%10Y23.5%0.0%
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-9.5%-9.5%
TTM-7.6%-7.6%
YOY-8.9%-8.9%
5Y23.5%6.1%+17.4%
10Y23.5%7.3%+16.2%
1.2.2. Operating Ratio

Measures how efficient Kinross Gold Corporation is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Other industry mean).
  • An Operation Ratio of 1.51 means that the operating costs are €1.51 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of Kinross Gold Corporation:

  • The MRQ is 1.512. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.695. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.512TTM1.695-0.183
TTM1.695YOY1.730-0.036
TTM1.6955Y1.469+0.225
5Y1.46910Y1.4690.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5121.249+0.263
TTM1.6951.245+0.450
YOY1.7301.209+0.521
5Y1.4691.257+0.212
10Y1.4691.355+0.114

1.3. Liquidity of Kinross Gold Corporation.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Kinross Gold Corporation is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Other industry mean).
  • A Current Ratio of 2.70 means the company has €2.70 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of Kinross Gold Corporation:

  • The MRQ is 2.702. The company is able to pay all its short-term debts. +1
  • The TTM is 2.116. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ2.702TTM2.116+0.586
TTM2.116YOY2.979-0.864
TTM2.1165Y2.665-0.550
5Y2.66510Y2.6650.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ2.7021.472+1.230
TTM2.1161.515+0.601
YOY2.9791.503+1.476
5Y2.6651.478+1.187
10Y2.6651.478+1.187
1.3.2. Quick Ratio

Measures if Kinross Gold Corporation is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Kinross Gold Corporation to the Other industry mean.
  • A Quick Ratio of 0.00 means the company can pay off €0.00 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Kinross Gold Corporation:

  • The MRQ is 0.000. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM0.170-0.170
TTM0.170YOY0.003+0.167
TTM0.1705Y0.074+0.096
5Y0.07410Y0.0740.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ-0.607-0.607
TTM0.1700.601-0.431
YOY0.0030.589-0.586
5Y0.0740.604-0.530
10Y0.0740.601-0.527

1.4. Solvency of Kinross Gold Corporation.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Kinross Gold Corporation assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Kinross Gold Corporation to Other industry mean.
  • A Debt to Asset Ratio of 0.42 means that Kinross Gold Corporation assets are financed with 41.8% credit (debt) and the remaining percentage (100% - 41.8%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Kinross Gold Corporation:

  • The MRQ is 0.418. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.427. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.418TTM0.427-0.009
TTM0.427YOY0.403+0.024
TTM0.4275Y0.412+0.015
5Y0.41210Y0.4120.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4180.531-0.113
TTM0.4270.535-0.108
YOY0.4030.551-0.148
5Y0.4120.566-0.154
10Y0.4120.576-0.164
1.4.2. Debt to Equity Ratio

Measures if Kinross Gold Corporation is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Kinross Gold Corporation to the Other industry mean.
  • A Debt to Equity ratio of 73.1% means that company has €0.73 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Kinross Gold Corporation:

  • The MRQ is 0.731. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.755. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.731TTM0.755-0.025
TTM0.755YOY0.686+0.069
TTM0.7555Y0.711+0.044
5Y0.71110Y0.7110.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
MRQ0.7311.094-0.363
TTM0.7551.095-0.340
YOY0.6861.198-0.512
5Y0.7111.327-0.616
10Y0.7111.476-0.765

2. Market Valuation of Kinross Gold Corporation

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Kinross Gold Corporation generates.

  • Above 15 is considered overpriced but always compare Kinross Gold Corporation to the Other industry mean.
  • A PE ratio of 12.89 means the investor is paying €12.89 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Kinross Gold Corporation:

  • The EOD is 16.312. Based on the earnings, the company is fair priced.
  • The MRQ is 12.886. Based on the earnings, the company is underpriced. +1
  • The TTM is 6.555. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD16.312MRQ12.886+3.426
MRQ12.886TTM6.555+6.331
TTM6.555YOY-156.922+163.477
TTM6.5555Y-30.015+36.570
5Y-30.01510Y-30.0150.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD16.31212.052+4.260
MRQ12.88610.573+2.313
TTM6.55510.632-4.077
YOY-156.92211.288-168.210
5Y-30.01512.205-42.220
10Y-30.01512.604-42.619
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Kinross Gold Corporation:

  • The EOD is 22.396. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The MRQ is 17.692. Based on how much money comes from the company's main activities, the company is underpriced. +1
  • The TTM is -705.160. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD22.396MRQ17.692+4.704
MRQ17.692TTM-705.160+722.852
TTM-705.160YOY0.454-705.614
TTM-705.1605Y-140.393-564.767
5Y-140.39310Y-140.3930.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD22.3964.505+17.891
MRQ17.6924.283+13.409
TTM-705.1604.211-709.371
YOY0.4542.671-2.217
5Y-140.3931.732-142.125
10Y-140.3933.058-143.451
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Kinross Gold Corporation is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Other industry mean).
  • A PB ratio of 0.92 means the investor is paying €0.92 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of Kinross Gold Corporation:

  • The EOD is 1.161. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.917. Based on the equity, the company is cheap. +2
  • The TTM is 0.921. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.161MRQ0.917+0.244
MRQ0.917TTM0.921-0.003
TTM0.921YOY0.947-0.027
TTM0.9215Y0.901+0.020
5Y0.90110Y0.9010.000
Compared to industry (Other)
PeriodCompanyIndustry (mean)+/- 
EOD1.1611.630-0.469
MRQ0.9171.252-0.335
TTM0.9211.304-0.383
YOY0.9471.426-0.479
5Y0.9011.426-0.525
10Y0.9011.518-0.617
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Kinross Gold Corporation compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0560.040+40%-0.121+316%0.290-81%0.290-81%
Book Value Per Share--4.6424.541+2%4.628+0%3.835+21%3.835+21%
Current Ratio--2.7022.116+28%2.979-9%2.665+1%2.665+1%
Debt To Asset Ratio--0.4180.427-2%0.403+4%0.412+1%0.412+1%
Debt To Equity Ratio--0.7310.755-3%0.686+7%0.711+3%0.711+3%
Dividend Per Share--0.0280.0280%0.028-1%0.023+23%0.023+23%
Eps--0.0830.046+80%-0.089+208%0.072+15%0.072+15%
Free Cash Flow Per Share--0.0600.088-32%-0.004+107%0.085-29%0.085-29%
Free Cash Flow To Equity Per Share---0.012-0.012-3%0.124-110%0.056-122%0.056-122%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---7.246--------
Intrinsic Value_10Y_min---5.913--------
Intrinsic Value_1Y_max--0.130--------
Intrinsic Value_1Y_min--0.128--------
Intrinsic Value_3Y_max---0.262--------
Intrinsic Value_3Y_min---0.237--------
Intrinsic Value_5Y_max---1.440--------
Intrinsic Value_5Y_min---1.281--------
Market Cap--5227543904.6865128223802.516+2%5626802993.984-7%5137316963.393+2%5137316963.393+2%
Net Profit Margin--0.1000.059+68%-0.165+265%0.093+7%0.093+7%
Operating Margin----0%-0%0.235-100%0.235-100%
Operating Ratio--1.5121.695-11%1.730-13%1.469+3%1.469+3%
Pb Ratio1.161+21%0.9170.9210%0.947-3%0.901+2%0.901+2%
Pe Ratio16.312+21%12.8866.555+97%-156.922+1318%-30.015+333%-30.015+333%
Price Per Share5.390+21%4.2584.182+2%4.395-3%4.653-8%4.653-8%
Price To Free Cash Flow Ratio22.396+21%17.692-705.160+4086%0.454+3794%-140.393+894%-140.393+894%
Price To Total Gains Ratio64.481+21%50.939-177.105+448%461.381-89%159.527-68%159.527-68%
Quick Ratio---0.170-100%0.003-100%0.074-100%0.074-100%
Return On Assets--0.0100.006+80%-0.011+208%0.011-5%0.011-5%
Return On Equity--0.0180.010+79%-0.020+209%0.019-3%0.019-3%
Total Gains Per Share--0.0840.068+24%-0.093+211%0.313-73%0.313-73%
Usd Book Value--6165195122.2506023490637.445+2%6411902930.305-4%5953462105.323+4%5953462105.323+4%
Usd Book Value Change Per Share--0.0600.043+40%-0.130+316%0.314-81%0.314-81%
Usd Book Value Per Share--5.0224.912+2%5.006+0%4.148+21%4.148+21%
Usd Dividend Per Share--0.0300.0300%0.030-1%0.024+23%0.024+23%
Usd Eps--0.0890.050+80%-0.097+208%0.078+15%0.078+15%
Usd Free Cash Flow--79902528.835117028703.841-32%-4825152.711+106%97345186.141-18%97345186.141-18%
Usd Free Cash Flow Per Share--0.0650.095-32%-0.005+107%0.092-29%0.092-29%
Usd Free Cash Flow To Equity Per Share---0.013-0.013-3%0.135-110%0.061-122%0.061-122%
Usd Market Cap--5654634241.6995547199687.181+2%6086512798.592-7%5557035759.303+2%5557035759.303+2%
Usd Price Per Share5.830+21%4.6064.524+2%4.754-3%5.033-8%5.033-8%
Usd Profit--109703472.00561226937.771+79%-125478971.284+214%106734957.002+3%106734957.002+3%
Usd Revenue--1102434890.9601050083234.083+5%831401313.019+33%951940654.284+16%951940654.284+16%
Usd Total Gains Per Share--0.0900.073+24%-0.100+211%0.338-73%0.338-73%
 EOD+2 -4MRQTTM+23 -11YOY+19 -155Y+14 -2110Y+14 -21

3.2. Fundamental Score

Let's check the fundamental score of Kinross Gold Corporation based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1516.312
Price to Book Ratio (EOD)Between0-11.161
Net Profit Margin (MRQ)Greater than00.100
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.000
Current Ratio (MRQ)Greater than12.702
Debt to Asset Ratio (MRQ)Less than10.418
Debt to Equity Ratio (MRQ)Less than10.731
Return on Equity (MRQ)Greater than0.150.018
Return on Assets (MRQ)Greater than0.050.010
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Kinross Gold Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.179
Ma 20Greater thanMa 505.045
Ma 50Greater thanMa 1004.920
Ma 100Greater thanMa 2005.059
OpenGreater thanClose5.225
Total3/5 (60.0%)



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in USD. All numbers in thousands.

Summary
Total Assets10,593,100
Total Liabilities4,428,100
Total Stockholder Equity6,060,400
 As reported
Total Liabilities 4,428,100
Total Stockholder Equity+ 6,060,400
Total Assets = 10,593,100

Assets

Total Assets10,593,100
Total Current Assets1,978,500
Long-term Assets8,614,600
Total Current Assets
Cash And Cash Equivalents 464,900
Inventory 1,202,300
Total Current Assets  (as reported)1,978,500
Total Current Assets  (calculated)1,667,200
+/- 311,300
Long-term Assets
Property Plant Equipment 7,894,800
Long Term Investments 70,200
Long-term Assets Other 565,700
Long-term Assets  (as reported)8,614,600
Long-term Assets  (calculated)8,530,700
+/- 83,900

Liabilities & Shareholders' Equity

Total Current Liabilities732,300
Long-term Liabilities3,695,800
Total Stockholder Equity6,060,400
Total Current Liabilities
Short Long Term Debt 32,000
Accounts payable 114,500
Other Current Liabilities 2,800
Total Current Liabilities  (as reported)732,300
Total Current Liabilities  (calculated)149,300
+/- 583,000
Long-term Liabilities
Long term Debt 2,383,300
Capital Lease Obligations Min Short Term Debt33,500
Long-term Liabilities Other 129,100
Long-term Liabilities  (as reported)3,695,800
Long-term Liabilities  (calculated)2,545,900
+/- 1,149,900
Total Stockholder Equity
Total Stockholder Equity (as reported)6,060,400
Total Stockholder Equity (calculated)0
+/- 6,060,400
Other
Capital Stock4,480,800
Common Stock Shares Outstanding 1,227,699
Net Debt 1,950,400
Net Invested Capital 8,475,700
Net Working Capital 1,246,200
Property Plant and Equipment Gross 20,110,800



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-31
> Total Assets 
8,217,300
8,407,300
8,444,000
9,076,000
9,826,600
10,364,700
10,008,000
10,933,200
10,782,400
10,462,900
10,411,200
10,428,100
11,122,000
10,930,800
10,539,500
10,396,400
10,500,400
10,546,700
10,593,100
10,593,10010,546,70010,500,40010,396,40010,539,50010,930,80011,122,00010,428,10010,411,20010,462,90010,782,40010,933,20010,008,00010,364,7009,826,6009,076,0008,444,0008,407,3008,217,300
   > Total Current Assets 
1,597,400
1,661,500
1,624,600
1,824,700
2,409,600
2,825,600
2,318,000
2,449,700
2,315,100
2,021,700
1,962,300
1,948,900
2,189,600
2,388,700
1,914,100
1,852,600
1,940,800
1,939,000
1,978,500
1,978,5001,939,0001,940,8001,852,6001,914,1002,388,7002,189,6001,948,9001,962,3002,021,7002,315,1002,449,7002,318,0002,825,6002,409,6001,824,7001,624,6001,661,5001,597,400
       Cash And Cash Equivalents 
406,900
475,400
358,000
575,100
1,138,600
1,527,100
933,500
1,210,900
1,056,100
675,600
586,100
531,500
454,200
719,100
488,400
418,100
471,000
478,400
464,900
464,900478,400471,000418,100488,400719,100454,200531,500586,100675,6001,056,1001,210,900933,5001,527,1001,138,600575,100358,000475,400406,900
       Net Receivables 
3,300
11,100
5,500
6,900
8,500
6,100
9,800
8,100
124,000
166,800
202,100
3,300
5,000
0
0
318,200
290,500
0
0
00290,500318,200005,0003,300202,100166,800124,0008,1009,8006,1008,5006,9005,50011,1003,300
       Inventory 
1,004,200
991,300
1,033,600
1,053,800
1,023,300
985,000
1,032,000
1,072,900
1,098,200
1,150,800
1,156,100
1,151,300
1,044,400
1,053,800
1,092,100
1,072,200
1,138,900
1,189,300
1,202,300
1,202,3001,189,3001,138,9001,072,2001,092,1001,053,8001,044,4001,151,3001,156,1001,150,8001,098,2001,072,9001,032,000985,0001,023,3001,053,8001,033,600991,3001,004,200
   > Long-term Assets 
6,619,900
6,745,800
6,819,400
7,251,300
7,417,000
7,539,100
7,690,000
8,483,500
8,467,300
8,441,200
8,448,900
8,479,200
8,932,400
8,542,100
8,625,400
8,543,800
8,559,600
8,607,700
8,614,600
8,614,6008,607,7008,559,6008,543,8008,625,4008,542,1008,932,4008,479,2008,448,9008,441,2008,467,3008,483,5007,690,0007,539,1007,417,0007,251,3006,819,4006,745,8006,619,900
       Property Plant Equipment 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,896,400
7,801,500
7,793,100
7,879,200
7,894,800
7,894,8007,879,2007,793,1007,801,5007,896,40000000000000000
       Goodwill 
158,800
158,800
158,800
158,800
158,800
158,800
158,800
158,800
158,800
158,800
158,800
158,800
0
0
0
0
0
0
0
0000000158,800158,800158,800158,800158,800158,800158,800158,800158,800158,800158,800158,800
       Long Term Investments 
172,600
200,800
199,400
144,600
86,600
123,500
124,500
131,300
119,600
125,200
104,100
105,300
115,200
91,800
105,500
123,000
100,200
94,500
70,200
70,20094,500100,200123,000105,50091,800115,200105,300104,100125,200119,600131,300124,500123,50086,600144,600199,400200,800172,600
       Long-term Assets Other 
383,500
385,400
383,100
349,600
376,700
422,700
427,600
387,500
557,900
561,400
559,700
411,900
384,600
431,900
522,200
462,700
660,800
506,800
565,700
565,700506,800660,800462,700522,200431,900384,600411,900559,700561,400557,900387,500427,600422,700376,700349,600383,100385,400383,500
> Total Liabilities 
3,606,400
3,687,500
3,658,200
3,743,400
4,475,400
4,743,800
4,128,400
4,270,200
4,010,800
3,575,300
3,662,000
3,778,500
4,684,200
4,604,600
4,306,300
4,514,200
4,544,600
4,456,500
4,428,100
4,428,1004,456,5004,544,6004,514,2004,306,3004,604,6004,684,2003,778,5003,662,0003,575,3004,010,8004,270,2004,128,4004,743,8004,475,4003,743,4003,658,2003,687,5003,606,400
   > Total Current Liabilities 
529,200
576,500
598,700
615,500
673,100
750,900
1,316,700
1,348,400
1,072,000
661,100
771,500
741,400
661,100
796,200
643,100
751,500
1,126,400
1,232,900
732,300
732,3001,232,9001,126,400751,500643,100796,200661,100741,400771,500661,1001,072,0001,348,4001,316,700750,900673,100615,500598,700576,500529,200
       Short Long Term Debt 
0
0
0
0
0
0
499,600
499,700
499,800
30,000
30,000
40,000
40,000
40,000
40,000
36,000
535,300
531,500
32,000
32,000531,500535,30036,00040,00040,00040,00040,00030,00030,000499,800499,700499,600000000
       Accounts payable 
75,600
97,400
96,700
89,300
83,600
81,400
86,500
89,100
402,700
469,400
482,400
87,800
93,600
95,200
117,500
119,100
479,300
102,600
114,500
114,500102,600479,300119,100117,50095,20093,60087,800482,400469,400402,70089,10086,50081,40083,60089,30096,70097,40075,600
       Other Current Liabilities 
11,900
5,500
10,000
4,300
43,200
29,000
25,100
21,300
45,000
32,000
31,800
4,000
59,300
164,600
3,800
800
16,400
2,300
2,800
2,8002,30016,4008003,800164,60059,3004,00031,80032,00045,00021,30025,10029,00043,2004,30010,0005,50011,900
   > Long-term Liabilities 
3,077,200
3,111,000
3,059,500
3,127,900
3,802,300
3,992,900
2,811,700
2,921,800
2,938,800
2,914,200
2,890,500
3,037,100
4,023,100
3,808,400
3,663,200
3,762,700
3,418,200
3,223,600
3,695,800
3,695,8003,223,6003,418,2003,762,7003,663,2003,808,4004,023,1003,037,1002,890,5002,914,2002,938,8002,921,8002,811,7003,992,9003,802,3003,127,9003,059,5003,111,0003,077,200
       Long term Debt 
1,870,600
1,891,200
1,836,800
1,837,400
2,488,000
2,671,600
1,423,100
1,424,200
1,425,500
1,397,400
1,398,700
1,589,900
2,688,800
2,570,200
2,471,600
2,556,900
2,158,900
1,943,900
2,383,300
2,383,3001,943,9002,158,9002,556,9002,471,6002,570,2002,688,8001,589,9001,398,7001,397,4001,425,5001,424,2001,423,1002,671,6002,488,0001,837,4001,836,8001,891,2001,870,600
       Capital Lease Obligations Min Short Term Debt
52,400
50,000
47,000
54,900
49,900
47,000
44,000
74,700
46,100
43,400
39,600
54,800
51,200
47,200
40,800
47,600
24,000
37,000
33,500
33,50037,00024,00047,60040,80047,20051,20054,80039,60043,40046,10074,70044,00047,00049,90054,90047,00050,00052,400
       Long-term Liabilities Other 
101,500
107,000
102,000
107,700
92,200
89,200
94,600
102,400
116,000
123,000
119,800
127,400
146,100
129,900
131,200
125,300
125,000
133,300
129,100
129,100133,300125,000125,300131,200129,900146,100127,400119,800123,000116,000102,40094,60089,20092,200107,700102,000107,000101,500
> Total Stockholder Equity
4,590,400
4,699,700
4,765,800
5,318,500
5,336,500
5,605,900
5,822,700
6,596,500
6,704,500
6,819,800
6,681,000
6,580,900
6,367,700
6,255,600
6,176,900
5,823,700
5,887,000
5,997,800
6,060,400
6,060,4005,997,8005,887,0005,823,7006,176,9006,255,6006,367,7006,580,9006,681,0006,819,8006,704,5006,596,5005,822,7005,605,9005,336,5005,318,5004,765,8004,699,7004,590,400
   Common Stock0000000000000000000
   Retained Earnings Total Equity0000000000000000000
   Accumulated Other Comprehensive Income 0000000000000000000
   Capital Surplus 0000000000000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 0000000000000000000



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue3,455,100
Cost of Revenue-2,939,700
Gross Profit515,400515,400
 
Operating Income (+$)
Gross Profit515,400
Operating Expense-3,362,900
Operating Income92,200-2,847,500
 
Operating Expense (+$)
Research Development0
Selling General Administrative129,800
Selling And Marketing Expenses0
Operating Expense3,362,900129,800
 
Net Interest Income (+$)
Interest Income18,300
Interest Expense-68,200
Other Finance Cost-0
Net Interest Income-49,900
 
Pretax Income (+$)
Operating Income92,200
Net Interest Income-49,900
Other Non-Operating Income Expenses0
Income Before Tax (EBT)106,70027,800
EBIT - interestExpense = -68,200
-605,200
-537,000
Interest Expense68,200
Earnings Before Interest and Taxes (EBIT)0174,900
Earnings Before Interest and Taxes (EBITDA)984,400
 
After tax Income (+$)
Income Before Tax106,700
Tax Provision-76,100
Net Income From Continuing Ops30,60030,600
Net Income-605,200
Net Income Applicable To Common Shares0
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net64,40049,900
 

Technical Analysis of Kinross Gold Corporation
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Kinross Gold Corporation. The general trend of Kinross Gold Corporation is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Kinross Gold Corporation's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Kinross Gold Corporation.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 5.2968 < 5.575.

The bearish price targets are: 5.2 > 4.5077 > 4.0573557929725.

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Kinross Gold Corporation Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Kinross Gold Corporation. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Kinross Gold Corporation Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Kinross Gold Corporation. The current macd is 0.12990507.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Kinross Gold Corporation price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Kinross Gold Corporation. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Kinross Gold Corporation price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
Kinross Gold Corporation Daily Moving Average Convergence/Divergence (MACD) ChartKinross Gold Corporation Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Kinross Gold Corporation. The current adx is 24.73.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Kinross Gold Corporation shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Kinross Gold Corporation Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Kinross Gold Corporation. The current sar is 5.09836385.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Kinross Gold Corporation Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Kinross Gold Corporation. The current rsi is 68.18. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
Kinross Gold Corporation Daily Relative Strength Index (RSI) ChartKinross Gold Corporation Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Kinross Gold Corporation. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Kinross Gold Corporation price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
Kinross Gold Corporation Daily Stochastic Oscillator ChartKinross Gold Corporation Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Kinross Gold Corporation. The current cci is 110.13.

The long score for the Commodity Channel Index (CCI) is 1/1.
The longshort score for the Commodity Channel Index (CCI) is 1/(-1 +1).

  • CCI > 100: The CCI is above 100, it indicates that the price is significantly above its average, suggesting a potential overbought condition. +1
Kinross Gold Corporation Daily Commodity Channel Index (CCI) ChartKinross Gold Corporation Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Kinross Gold Corporation. The current cmo is 48.98.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
Kinross Gold Corporation Daily Chande Momentum Oscillator (CMO) ChartKinross Gold Corporation Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Kinross Gold Corporation. The current willr is -6.1295972.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
Kinross Gold Corporation Daily Williams %R ChartKinross Gold Corporation Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Kinross Gold Corporation.

Kinross Gold Corporation Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Kinross Gold Corporation. The current atr is 0.13068214.

Kinross Gold Corporation Daily Average True Range (ATR) ChartKinross Gold Corporation Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Kinross Gold Corporation. The current obv is -2,705.

Kinross Gold Corporation Daily On-Balance Volume (OBV) ChartKinross Gold Corporation Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Kinross Gold Corporation. The current mfi is 71.93.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Kinross Gold Corporation Daily Money Flow Index (MFI) ChartKinross Gold Corporation Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Kinross Gold Corporation.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-08CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-10SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-14STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-17STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-20CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-21SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-23CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-28ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-29STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-04STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-11SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-14MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-28MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-29SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-02CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-03CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-01-12DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-24STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-25STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-31DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-01CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-07MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-09BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-13STOCH LONG EXITThe %K line crosses below the %D line.
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-14RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-29RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-01MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-06CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-11BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-12STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13STOCH SHORT EXITThe %K line crosses above the %D line.
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-21STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-25STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-27STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

Kinross Gold Corporation Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Kinross Gold Corporation based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5068.179
Ma 20Greater thanMa 505.045
Ma 50Greater thanMa 1004.920
Ma 100Greater thanMa 2005.059
OpenGreater thanClose5.225
Total3/5 (60.0%)
Penke

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