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FAQs
Kinross Gold Corp. (K) Stock Forecast, Price Targets and Analysts Predictions - TipRanks.com? ›
The average price target for Kinross Gold Corp. is C$14.15. This is based on 10 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is C$16.50 ,the lowest forecast is C$9.23. The average price target represents 5.90% Increase from the current price of C$13.36.
What is the forecast for Kinross Gold? ›Forecast and Stock Analysis
According to a forecast from 13 analysts, the average target price for Kinross Gold over the next 12 months is CAD 11.22. This figure suggests a modest upside from the current stock price, which closed at CAD 12.41.
Kinross Gold Corp. has 21.13% upside potential, based on the analysts' average price target. Kinross Gold Corp. has a consensus rating of Moderate Buy which is based on 6 buy ratings, 3 hold ratings and 1 sell ratings.
What is the stock price forecast for Barrick Gold in 2025? ›On average, Wall Street analysts predict that Barrick Gold's share price could reach $25.00 by Aug 29, 2025. The average Barrick Gold stock price prediction forecasts a potential upside of 19.96% from the current GOLD share price of $20.84.
What is the stock price prediction for gold? ›GOLD Stock 12 Month Forecast
Based on 9 Wall Street analysts offering 12 month price targets for Barrick Gold in the last 3 months. The average price target is $24.61 with a high forecast of $28.04 and a low forecast of $21.03. The average price target represents a 29.53% change from the last price of $19.00.
Future Growth
EPS is expected to grow by 4.4% per annum. Return on equity is forecast to be 15.6% in 3 years.
Average Price Target
Based on 10 Wall Street analysts offering 12 month price targets for Kinross Gold in the last 3 months. The average price target is C$14.14 with a high forecast of C$16.50 and a low forecast of C$9.23. The average price target represents a 5.87% change from the last price of C$13.36.
Within the past 12 months, KGC's P/CF has been as high as 7.25 and as low as 4.18, with a median of 5.45. These figures are just a handful of the metrics value investors tend to look at, but they help show that Kinross Gold is likely being undervalued right now.
Why is Kinross Gold stock dropping? ›Summary. Kinross saw a significant decline in gold reserves year-over-year, with reserve replacement continuing to lag its peers.
How much debt does Kinross Gold have? ›Kinross Gold long term debt for 2022 was $2.557B, a 60.82% increase from 2021. Kinross Gold long term debt for 2021 was $1.59B, a 11.63% increase from 2020.
What will Gold futures be worth in 2024? ›
Prices have risen to an all-time high since inflation took off over recent years, and J.P. Morgan expects prices to continue to rise to an average of $2,500 per ounce by the end of 2024.
What is the Barrick Gold forecast for 2024? ›Barrick expects gold production to range between 3.9 million ounces and 4.3 million ounces this year, compared with 4.05 million ounces in 2023. The company expects its Porgera gold mine in Papua New Guinea to produce 50,000 to 70,000 ounces during the year.
What will Gold futures be worth in 2025? ›Gold price forecasts 2025
Gold's price forecast for 2025 at the Bloomberg Terminal is between $1,709.47 and $2,727.94.
Gold prices are expected to hit $2,500/oz by the fourth quarter of 2024 and $2,600/oz by the end of 2025. The structural drivers that have helped gold's rally so far will still remain a critical bullish driving force going forward, with J.P. Morgan economists expecting a Fed cut to come in November.
How much will gold be worth in 2035? ›| Time Frame | Gold Price Forecast |
|---|---|
| 2021 | US$ 1,700 |
| 2022 | US$ 1,600 |
| 2023 | US$ 1,550 |
| 2035 | US$ 1,600 |
This is very subjective and depends on your investing goals, risk tolerance, time horizon and which other assets you own. While it has proven less volatile than shares during times of economic distress, for example, it has made lower gains during stock market rallies.
What is the 5 year gold price forecast? ›With all this in mind, we could expect the price of gold to be higher in 2022, based on the following predictions: With inflation raging and the US debt piling up, gold could move from its current price to as high as $3,000 (approximately £2,500) per ounce throughout the next five years.