Long in depth
In my last post I didn't go in depth into the company and what differentiates them from everyone else.
Their business has not been impacted by the coronavirus like other gold miners. It has not slowed down it's operations (see their website for more details).
KGC has gained 89% while the industry as a whole has only risen by 49.2%. Having gone relatively unnoticed Kinross has outperformed it's industry.
Here is why:
Their mill capacity increased from 8,000 tons per day to 12,000 tons. It has increased its production to 400,000 gold equivalent ounces per year at an all-in sustaining cost of $760 per ounce!!!!!!!
This phase was completed in phase one of their plan, in the runup to 2018.
In the first quarter they had a throughput of 16,100 tons per day.
Their phase two plans has them increasing that capacity to 30,000 tons per day.
This is not a volatile stock. Because of its long history It has generational expertise mining gold that shows in their productivity and efficiency. This company is mature.
Cash flow jumped 81% year over year in the last reported quarter.
It has few controversies.
Here is why:
KGC has an ethical board, with diversified leadership, excellence governance, and they follow responsible business practices. From it's management to its on the ground operations this company is gold inside and out.
They are perfectly positioned to meet the demands coming from developing economies for the next 100 years, if not more. They own the most lucrative mines at spots all over the world (more on their website)
This company is extremely undervalued by analysts and the financial media.
If we were to apply the generous 6 and 10 year look ahead projections afforded to the tech industry (many of which don't pay taxes), I would come across as insane putting any number forward, so I won't.
However, you can do the valuation yourself for whatever period of time you have in mind, all the necessary information has been mentioned up top or on their website.
In my humble opinion this stock is worth more than gold, or at a minimum represents a better value in the long run.
What would your parents say if you were to bring that guy/girl home that could turn your $760 bucks into $1900 ( the current price of gold per ounce), and they saw what you saw: "that's a keeper" is what they would say.
Well this is a keeper, it is a solid company that will give you more than you put into it.
This is not some Gold company in ecuador poisoning people and polluting rivers with tons of mercury in order to extract 1 gram of gold. In either case, KGC would still be producing more gold than them and their other rivals, some of which use scorched earth practices.
It's hard find value like that in real life.
This company is undervalued by everyone and nothing can explain it's valuation compared to its competitors, or it's performance compared to those competitors, or any of the quality metrics I mentioned above.
However, do your do diligence, research and verify everything I have said before investing,
and good luck! :-)
Their business has not been impacted by the coronavirus like other gold miners. It has not slowed down it's operations (see their website for more details).
KGC has gained 89% while the industry as a whole has only risen by 49.2%. Having gone relatively unnoticed Kinross has outperformed it's industry.
Here is why:
Their mill capacity increased from 8,000 tons per day to 12,000 tons. It has increased its production to 400,000 gold equivalent ounces per year at an all-in sustaining cost of $760 per ounce!!!!!!!
This phase was completed in phase one of their plan, in the runup to 2018.
In the first quarter they had a throughput of 16,100 tons per day.
Their phase two plans has them increasing that capacity to 30,000 tons per day.
This is not a volatile stock. Because of its long history It has generational expertise mining gold that shows in their productivity and efficiency. This company is mature.
Cash flow jumped 81% year over year in the last reported quarter.
It has few controversies.
Here is why:
KGC has an ethical board, with diversified leadership, excellence governance, and they follow responsible business practices. From it's management to its on the ground operations this company is gold inside and out.
They are perfectly positioned to meet the demands coming from developing economies for the next 100 years, if not more. They own the most lucrative mines at spots all over the world (more on their website)
This company is extremely undervalued by analysts and the financial media.
If we were to apply the generous 6 and 10 year look ahead projections afforded to the tech industry (many of which don't pay taxes), I would come across as insane putting any number forward, so I won't.
However, you can do the valuation yourself for whatever period of time you have in mind, all the necessary information has been mentioned up top or on their website.
In my humble opinion this stock is worth more than gold, or at a minimum represents a better value in the long run.
What would your parents say if you were to bring that guy/girl home that could turn your $760 bucks into $1900 ( the current price of gold per ounce), and they saw what you saw: "that's a keeper" is what they would say.
Well this is a keeper, it is a solid company that will give you more than you put into it.
This is not some Gold company in ecuador poisoning people and polluting rivers with tons of mercury in order to extract 1 gram of gold. In either case, KGC would still be producing more gold than them and their other rivals, some of which use scorched earth practices.
It's hard find value like that in real life.
This company is undervalued by everyone and nothing can explain it's valuation compared to its competitors, or it's performance compared to those competitors, or any of the quality metrics I mentioned above.
However, do your do diligence, research and verify everything I have said before investing,
and good luck! :-)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.