Stocks Under $10: How Kinross Gold is Way Undervalued

Richard Suttmeier  |

Kinross 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

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer.


Discover: Trending Events

United Nations
Blockchain for Europe
Humanity 2.0
World Economic Forum

Companies

Symbol Name Price Change % Volume
KGC Kinross Gold Corporation 5.02 -0.32 -5.99 34,305,893 Trade

Comments

Watchlist

Symbol Last Price Change % Change
AAPL

     
AMZN

     
HD

     
JPM

     
IBM

     
BA

     
WMT

     
DIS

     
GOOG

     
XOM

     
BRK.A

     
FB

     
JNJ

     
WFC

     
T

     
NFLX

     
TSLA

     
V

     
UNH

     
PG

     

World Economic Forum at Davos 2019 - Ben Yablon Executive VP Salt Lending

Matt Bird sits down with Ben Yablon - Executive VP of Salt Lending - at the World Economic Forum in Davos January 2019

Trending Articles

  • No items found.