Stocks Under $10: How Kinross Gold is Way Undervalued

Richard Suttmeier |

Round Mountain Gold MineKinross Gold (KGC) – ($5.68) has a Buy rating according to ValuEngine with fair value at $15.44, which makes the stock 63.2% undervalued. The one-year price target is $6.17. ValuEngine Profile – “Kinross Gold Corporation is a gold mining company. The Company's mines are located in the regions of South America, North America, West Africa and Russia. Kinross Gold Corporation is based in Toronto, Canada.”



Analysis – The daily chart for KGC shows rising momentum with the stock above its 21-day simple moving average at $6.46, but below its 50-day and 200-day simple moving averages at $6.33 and $8.51. My weekly value level is $3.76 with a monthly risky level at $7.69.

Courtesy of Thomson / Reuters

Ticker

Company Name

Mkt Price

Fair Value

One-Year Price Target

Last 12-Mon Retn (%)

5-Yr Avg Retn (%)

P/E Ratio

KGC

KINROSS GOLD

5.68

15.44

6.17

-29.00

-26.34

14.44

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Companies

Symbol Name Price Change % Volume
KGC Kinross Gold Corporation 3.60 -0.04 -1.10 5,156,776 Trade

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