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KGCKinross Gold CorporationBuy Wait7.3·$22.98
Buy WaitHigh Confidence
Investment thesis

Kinross Gold combines elite quality (9.5/10), 30% growth and a low forward P/E of 8.3x with 20.7% upside to the analyst target, but a confirmed downtrend and earnings in 4 days argue for patience on entry.

Thesis pillars

  • Confirmed Downtrend Weak Momentum↓Deteriorating
  • Elite Business Quality→Stable
  • Strong Growth And Beats→Stable
  • +2 more pillars — see the Why tab for full reasoning

Pillars as of Oct 24, 2026

Full reasoning →

Open full analysis

Kinross Gold Corporation (KGC) Stock Analysis

Recovery setup · Sector Rotation edge

Buy WaitValueGrowthQualityHigh Confidence

Basic Materials · Gold

Wait for pullback to $22.06. Weak momentum; also below 200-day MA (death cross) — blocks BUY_NOW at $22.98. Engine's entry $22.06 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Sector modifier (Basic Materials): -0.1; Below 200-MA, MA slope -2.1%/30d (confirmed downtrend).

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. It is also involved in the extraction and processing of gold-containing... Read more

$22.98+17.4% A.UpsideScore 7.3/10#3 of 44 Gold
QualityF-score9 / 9FCF yield10.99%
IncomeYield0.70%(5y avg 1.06%)Payout5.51%sustainable
Entry $22.06(Atr Pullback Sticky)Stop $21.17Target $26.97(analyst − 13%)A.R:R 2.4:1
Analyst consensus$31.00+34.9%10 analysts
$26.97our TP
$22.98price
$31.00mean
$9
$39

Wait for pullback to $22.06. Weak momentum; also below 200-day MA (death cross) — blocks BUY_NOW at $22.98. Engine's entry $22.06 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Sector modifier (Basic Materials): -0.1; Below 200-MA, MA slope -2.1%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 47. V9 Gate blocked: Momentum 4.3 < 4.5 minimum; 50MA < 200MA with weak momentum (4.3) - hard block. Wait for improvement. Score 7.3/10, high confidence.

Passes 8/10 gates (favorable risk/reward ratio, clean insider activity, no SEC red flags, news events none recent, earnings proximity no date, semi cycle peak clear, materials cycle peak clear, sector concentration cap sector=basic materials 2/3). Fails on weak momentum and death cross (50MA < 200MA). Suitability: speculative.

news + 30-day 8-K events · 5-min refresh

Recent developments

updated 2026-10-29

Recent Developments — Kinross Gold Corporation

Generated 2026-10-29T11:48:40Z.

TrendMatrix Research · upcoming catalyst calendar

Upcoming dated catalysts

Wed, Oct 28, 2026Date unconfirmed· next earnings call

Thesis

Rewards
V7 flight-to-quality bonus: +0.5 (Q=9.5 in RISK_OFF)
Strong earnings beat streak (3/4)
Strong overall score: 7.3/10
Risks
Sector modifier (Basic Materials): -0.1
Below 200-MA, MA slope -2.1%/30d (confirmed downtrend)

Key Metrics

P/E (TTM)8.7
P/E (Fwd)8.6
Mkt Cap$27.3B
EV/EBITDA4.7
Profit Mgn37.5%
ROE37.0%
Rev Growth29.5%
Beta1.52
Dividend0.70%
Rating analysts15

Quality Signals

Piotroski F9/9MoatWideCompounder✓

Options Flow

P/C4.49bearish
IV69%elevated

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Editorial policy

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About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.

Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.

Conflicts and positions. People who build TrendMatrix, or entities they control, may hold positions, long or short, in securities it covers, and may trade them at any time. Positions are not disclosed individually. Verdicts are generated by an automated model applied by the same rules to every covered stock, and are not adjusted for any position held by the people who build TrendMatrix. We do not accept payment from issuers for coverage.

No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security.

No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.

Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.

Methodology · Editorial policy & full disclaimer

Rating Breakdown

3 ceiling hits

GatesMomentum 4.3<4.5Death cross (50MA < 200MA)A.R:R 2.4 ≥ 1.5Insider activity: OKNo SEC red flagsNEWS EVENTS NONE RECENTEARNINGS PROXIMITY NO DATESEMI CYCLE PEAK CLEARMATERIALS CYCLE PEAK CLEARSECTOR CONCENTRATION CAP sector=Basic Materials 2/3RecoverySuitability: Speculative
RSI
47 · Neutral
↓ 20D MA↓ 50D MA↓ 200D MADEATH CROSSSupport $21.82Resistance $24.46

Price Targets

$21
$22
$27
A.Upside+17.4%
A.R:R2.4:1

Position Sizing

ConvictionHigh conviction
Suggested %2%
Max %4%
RegimeRisk-Off

Risk Alerts

! Momentum 4.3 < 4.5 minimum
! 50MA < 200MA with weak momentum (4.3) - hard block
! momentum at 4.3 (below the engine's 4.5 threshold)

Earnings

B
B
B
M
3/4 beats
Next Earnings2026-10-28 (Date unconfirmed)

Verdict History

reverse chrono — latest first
Loading history...
Verdicts are recorded on every nightly pipeline run. Rows capture transitions (verdict flips, score deltas ≥0.3, entry/TP/SL changes). Rows with a ▶ can be expanded to see the change reason. Aggregate cohort performance is tracked in the recommendation ledger.
Frequently Asked Questions
Is KGC stock a buy right now?

Wait for pullback to $22.06. Weak momentum; also below 200-day MA (death cross) — blocks BUY_NOW at $22.98. Engine's entry $22.06 (Atr Pullback Sticky) is the shallowest technical level that clears the 2:1 A.R:R minimum. Key risks: Sector modifier (Basic Materials): -0.1; Below 200-MA, MA slope -2.1%/30d (confirmed downtrend). Chart setup: Death cross but MACD improving, RSI 47. V9 Gate blocked: Momentum 4.3 < 4.5 minimum; 50MA < 200MA with weak momentum (4.3) - hard block. Wait for improvement. Target $26.97 (+17.4%), stop $21.17 (−8.5%), A.R:R 2.4:1. Score 7.3/10, high confidence.

What is the KGC stock price target?

Take-profit target: $26.97 (+17.4% upside). Target $26.97 (+17.4%), stop $21.17 (−8.5%), A.R:R 2.4:1. Stop-loss: $21.17.

What are the risks of investing in KGC?

Sector modifier (Basic Materials): -0.1; Below 200-MA, MA slope -2.1%/30d (confirmed downtrend).

Is KGC overvalued or undervalued?

Kinross Gold Corporation trades at a P/E of 8.7 (forward 8.6). TrendMatrix value score: 8.9/10. Verdict: Buy (Wait for Entry).

What do analysts say about KGC?

15 analysts cover KGC with a consensus score of 4.1/5. Average price target: $31.

What does Kinross Gold Corporation do?Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of...

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver. The company was founded in 1993 and is headquartered in Toronto, Canada.

Related stocks: GFI (Gold Fields Limited) · OGC (OceanaGold Corporation) · IAG (Iamgold Corporation) · FSM (Fortuna Mining Corp.) · ARIS (Aris Mining Corporation)
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