KINROSS GOLD CORP (NYSE:KGC) – A Gold Stock Meeting Louis Navellier’s Growth Criteria

KINROSS GOLD CORP (NYSE:KGC) was identified by our stock screener as a potential candidate for growth investors following Louis Navellier’s "Little Book That Makes You Rich" strategy. The company demonstrates strong fundamentals, including earnings momentum, expanding margins, and robust cash flow growth. Below, we examine why KGC fits Navellier’s criteria.

Key Strengths Based on Navellier’s Rules

• Positive Earnings Revisions & Surprises
  KGC has seen a 13.05% upward revision in next-quarter EPS estimates over the past three months. Additionally, it has beaten earnings expectations in three of the last four quarters, with an average surprise of 16.49%.

• Strong Sales & Earnings Growth
  Revenue grew 26.71% year-over-year, while quarterly sales surged 38.47%. EPS growth was even more impressive, with a 200% increase in the latest quarter and 87.23% growth over the past year.

• Expanding Profitability
  Operating margins improved by 43.68% year-over-year, indicating efficient cost management. Free cash flow also jumped 170.39%, reinforcing financial flexibility.

• High Return on Equity (ROE)
  KGC’s ROE stands at 13.83%, well above the 10% threshold Navellier recommends, signaling effective use of shareholder capital.

Fundamental Analysis Summary

Our full fundamental report rates KGC 6 out of 10, with strengths in profitability and valuation. Key highlights:

• Profitability: High margins (28.48% operating margin) and strong returns (ROE of 13.83%).
• Valuation: Priced reasonably compared to peers, with a PEG ratio suggesting growth potential.
• Financial Health: Solid solvency, though liquidity metrics show minor concerns.

For investors seeking gold exposure with growth characteristics, KGC presents an interesting case.

Our Louis Navellier Growth screener lists more stocks matching these criteria and is updated daily.

Disclaimer

This is not investing advice! The article highlights observations at the time of writing, but you should always conduct your own analysis before making investment decisions.