Kinross Gold Corporation (NYSE:KGC) carries a forward P/E of 8.55x, securing its place on our list of the most undervalued silver mining stocks to buy now. Meanwhile, analysts see 66.20% upside for the stock.
On June 9, 2026, Jefferies named Kinross Gold Corporation among four Buy-rated mining stocks it sees as well-positioned to benefit from a sharp rise in global copper prices, alongside Barrick, Endeavour Mining, and Capstone Copper. The brokerage hiked its copper price forecasts on the back of strong demand from a U.S. capital expenditure cycle centered on data centers and power infrastructure, combined with structural supply deficits.
For Kinross Gold Corporation specifically, Jefferies estimated total gold equivalent sales of 2,102 thousand ounces for full-year 2026 and set its 2026 EPS estimate at $3.43, while flagging operational disruptions, negative earnings revisions, and sector-wide valuation compression as key risks.
That followed a June 1, 2026, price target increase from BofA analyst Lawson Winder, who raised the firm’s target on Kinross Gold Corporation to $46 from $43.50 while keeping a “Buy” rating, citing updated estimates.
Earlier, on May 18, 2026, Freedom Broker upgraded Kinross Gold Corporation to “Buy” from “Hold,” lifting its price target to $38 from $13.50. The firm described Q1 as a clean, high-quality beat and called the Great Bear project the most important unpriced option in Kinross’ portfolio.
Based in Canada, Kinross Gold Corporation is involved in the production, exploration, acquisition, and development of gold properties. Its operations are divided into the following business segments: Tasiast, Paracatu, La Coipa, Fort Knox, Round Mountain, Bald Mountain, and Corporate & Other.
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