Why KINROSS GOLD CORP (NYSE:KGC) qualifies as a high growth stock.

In this article we will dive into KINROSS GOLD CORP (NYSE:KGC) as a possible candidate for growth investing. Investors should always do their own research, but we noticed KINROSS GOLD CORP showing up in our Louis Navellier growth screen, which makes it worth to investigate a bit more.

Exploring Why KGC Holds Promise for Growth Investors.

• The Return on Equity (ROE) of KGC stands at 13.83%, reflecting the company's strong profitability and effective utilization of shareholder equity. This metric signifies the company's ability to generate returns for its investors.
• KGC has a strong history of beating EPS estimates 3 times in the last 4 quarters, signaling its ability to consistently exceed market expectations. This indicates the company's strong financial performance and its potential for creating shareholder value.
• With impressive 1-year revenue growth of 21.44%, KGC showcases its ability to generate increased sales and revenue. This growth highlights the company's strong customer demand and its effective business strategies.
• KGC has demonstrated strong q2q revenue growth of 26.9%, suggesting a favorable trend in the company's financials and indicating the potential for continued expansion.
• With a favorable trend in its operating margin over the past year, KGC demonstrates its ability to enhance profitability through efficient operations. This growth reflects the company's focus on optimizing its cost structure.
• KGC has shown positive growth in its free cash flow (FCF) over the past year, indicating improved cash generation and financial strength. This growth highlights the company's ability to effectively manage its cash flows and generate surplus funds.
• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), KGC highlights its ability to generate increasing profitability, showcasing a 81.82% growth.
• Analysts' average next Quarter EPS Estimate for KGC has witnessed a 5.71% change in the last 3 months, underscoring the evolving market expectations towards the company's EPS prospects.
• KGC has experienced %EPSYGROWTHTTM% growth in EPS over a 12 month period, demonstrating its ability to generate sustained and positive earnings momentum.
• The earnings per share (EPS) growth of KGC is accelerating: the current Q2Q growth of 81.82% is above the previous year Q2Q growth of 22.22%. Earnings momentum and acceleration are key for high growth systems.

Zooming in on the fundamentals.

ChartMill employs a sophisticated system to assign a Fundamental Rating to every stock in its analysis. This rating, which ranges from 0 to 10, is determined by carefully assessing multiple fundamental indicators and properties.

Taking everything into account, KGC scores 6 out of 10 in our fundamental rating. KGC was compared to 152 industry peers in the Metals & Mining industry. While KGC has a great profitability rating, there are some minor concerns on its financial health. KGC may be a bit undervalued, certainly considering the very reasonable score on growth These ratings would make KGC suitable for value investing!

Our latest full fundamental report of KGC contains the most current fundamental analsysis.

More ideas for growth investing can be found on ChartMill in our Lois Navellier screen.

Disclaimer

This article should in no way be interpreted as advice. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.