Kinross Gold Corp (NYSE:KGC)

CAPS Rating: 4 out of 5

The Company is engaged in the mining and processing of gold and, as a by-product, silver ore and the exploration for, and the acquisition of, gold bearing properties in the Americas, Russia and worldwide.

Recs

0
Player Avatar traviskang (99.17) Submitted: 1/24/2012 3:59:26 AM : Outperform Start Price: $10.49 KGC Score: -22.05

Picking KGC as a hedge against risk and fiat currency (Euro/USD). Factoring in another gold correction to $1450/oz Kinross should be worth $14.3-14.6 on a DCF basis, which represents a margin of safety of 34-36%. Assuming the index outperforms by 9-11% this year, I should generate a 25% ROI.

Featured Broker Partners


Advertisement