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KGC

Kinross Gold Corporation

NYSE: KGC · BASIC MATERIALS · GOLD

$25.58
+2.90% today

Updated 2026-06-12

Market cap
$30.55B
P/E ratio
10.89
P/S ratio
3.84x
EPS (TTM)
$2.35
Dividend yield
0.58%
52W range
$15 – $39
Volume
7.8M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Kinross Gold Corporation (KGC) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Research-backed KGC price target 2030 projection accounting for share dilution, balance sheet debt, and time value of money.
Current price
$25.58
Today
Analyst consensus
$34.75
+35.85% · 12M
2030 Base
—
— future
NPV today
—
@ — WACC
6 analysts:
3 Buy1 Hold1 Sell

Management guidance

Management has not provided specific multi-year revenue guidance in available documents. However, 2025 results showed record free cash flow of $2.5B and record operating cash flow of $4.18B with 2M gold equivalent ounces produced, demonstrating operational strength. The company initiated permitting for a $1.5B Chile mine project, indicating material production capacity expansion expected in the 2028-2030 timeframe.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

KGC · Kinross Gold Corporation · Revenue & price projection · 2023–2030E

Actual / 2030 target Projected revenue Base case price Bull to bear range
Bear case (2030)
—
NPV today: —
Base case (2030)
—
NPV today: —
Bull case (2030)
—
NPV today: —
WallStSmart.com

KGC financial forecast · Research-backed projections

Metric20252026 (E)2027 (E)2028 (E)
Revenue$7.2B$9.4B$9.9B$10.8B
Revenue growth39.3%33.6%4.8%8.9%
Net margin————
EPS$1.85$2.91$3.18$3.55
Diluted shares————
Net debt————
P/S multiple—2.0x2.0x2.0x
Implied price (base)—$94.53$97.68$107.13
★ 2030E is the model's terminal target year. Implied price = (Revenue × P/S − Net debt) ÷ Diluted shares.

KGC catalysts and risks

Growth catalysts
+ $1.5B Chile mine project entering permitting phase with potential production by 2028-2029
+ Gold price strength supporting higher margins and free cash flow conversion
+ Record 2025 cash generation enabling shareholder returns and strategic M&A or debt reduction
+ Production growth from operational portfolio optimization and new mine development
Key risks
- Gold price volatility directly impacts revenue and margins; correction from current levels would reduce projections
- Mining permitting delays in Chile and other jurisdictions could push production ramp timelines
- Geopolitical and regulatory risks in operating countries (Canada, West Africa, Russia, Chile, Brazil)
- Operating cost inflation in mining and energy inputs affecting cash conversion

Methodology · Kinross Gold Corporation 2030 stock forecast model

Kinross Gold Corporation 2030 price target is calculated using WallStSmart's research model. Revenue projections are derived from analyst consensus across 6 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts. The model is built on five core components:

1. Share dilutionProjected from per-ticker schedule of SBC + equity raise activity, compounding year by year (-100% cumulative for KGC by 2030)
2. Net debtEV minus net debt yields equity value; debt projected from capex cycle trajectory (— by 2030)
3. Time valueNPV calculated using — WACC (sector fallback)
4. Multiple frameworkP/S compresses with scale: bear — / base — / bull —
5. Scenario designBull/Base/Bear vary revenue, margin, shares, debt, and multiple independently

WallStSmart research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.

KGC price target FAQ

What is the analyst consensus on KGC stock?

6 analysts cover KGC with an average 12-month price target of $34.75. The 2030 projection extends this framework with longer-horizon assumptions including dilution and time value of money.