TSE:K

Kinross Gold (K.TO)

37.26
+0.31 (0.84%)
as of Jun 22, 2026, 8:00:00 pm Market Open.
129 watching
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COMMENT
His company has this as an "outperform" with $11.50 target. It's not one that he likes as he feels there is some management risk which has not been fully assessed. He would much prefer Goldcorp (G-T) because of its output growth and they have flexibility to move.
DON'T BUY
Very recently share prices of miners have started to outperform gold, which is a bullish sign for the sector. This stock has been a serial underperformer.
COMMENT
Takeover candidate? There is so much value in the commodity sector but the problem with companies is that they cannot grow their reserves. So almost everyone is a takeover candidate. There are a whole bunch of these that could be taken out. His holdings are Goldcorp (G-T), Silver Wheaton (SLW-T), Silver Standard (SSO-T) with a sprinkling of Barrick (ABX-T) and Lake Shore (LSG-T). One account has Kinross.
DON'T BUY
It IS a takeover candidate. Valuation is low and Growth is coming in 2015. ABX is the obvious guy to take it over. If it doesn’t get taken over it will recover but it is so in the penalty box they will have to bring in the African project, which will happen in 2-3 years.
SELL
Suffering from negative management sentiment. Casius has been a disappointment because of cost overruns. Have also had problems in South America with the government claiming a bigger stake in their mine. You could do better with names like Goldcorp (G-T) because of a more stable base in which the mines operate.
COMMENT
Acquired the Redback asset and ended up paying way too much. Like a lot of gold companies, have had cost overruns due to inflation. Tremendous assets and can turn things around and likely will. If you are constructive on gold you want to Buy it.
DON'T BUY
Their Tasiest project in Mauritania has been one of the poorer performers over the last couple of years. Stock is very cheap however, based on how the company has executed over the last year or so, valuation is probably capped so she would prefer others such as Goldcorp (G-T) or Barrick (ABX-T).
HOLD
Has been going sideways for some years. Held up well in ’08. He is suffering with it. The mine acquired has fantastic potential. Believes it is a long-term hold.
WEAK BUY
It’s hard to imagine it going lower. The equities tend to come off when gold goes down but not recover as much when gold does. It is a good company in a bargain price range. He would prefer G-T over K-T still, but they have come down into a value range.
PAST TOP PICK
(Market Call Minute.) He would like to see some clarity on what they are going to do with Mauritania and Tazeus (?).
BUY
Large producer of gold in countries such as Russia, south America and the US. Now is a good time to buy as the stock has come off so much.
DON'T BUY
Not really bullish on gold. For many reasons gold is not going up when there are a lot of issues in the world right now. Strong US$ is hurting it. He expects gold to continue to go down from here to $1200-$1300 with no problem and still be in a bull trend. Gold is trading at values that are very cheap but he would prefer other gold stocks to this one.
COMMENT
They have a lot of gold. Didn't like it historically because of the business model of going into less safe areas globally. If they can fix their operating problems, the stock is cheap enough now that he is interested.
HOLD
At this point, you might as well keep this one. Share price has really suffered with the problems they have had. This and other gold stocks have underperformed the actual commodity. She is long-term positive on gold. If they can show some ability to meet production targets and keep their costs under control, valuation will move upwards in the share price will improve.
SELL
If you own, take the capital loss and move on. They are in areas where there are definite issues. Paid too much for the Ecuador property. Doing a massive management reshuffle. His company’s internal research has it as an outperform but he feels there are better companies out there.
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