Kinross Gold Corp (NYSE:KGC) – A Strong Minervini Trend Template and High Growth Momentum Pick

Kinross Gold Corp (NYSE:KGC) – A Minervini Trend Template and High Growth Momentum Candidate

Mark Minervini’s Trend Template is a method for spotting stocks in strong upward trends, blending technical and fundamental strength. The approach focuses on stocks trading above important moving averages, showing strong performance compared to others, and displaying faster earnings and revenue growth. Kinross Gold Corp (NYSE:KGC) has been highlighted by a "High Growth Momentum + Trend Template" screen, indicating it fits the technical and fundamental requirements for growth-focused investors.

Why Kinross Gold Matches the Minervini Trend Template

The Trend Template demands stocks fulfill eight technical conditions, all of which KGC meets:

1. Price Above Key Moving Averages

   • Current Price ($18.98) > 150-day MA ($13.53)
   • Current Price > 200-day MA ($12.62)
   • Both the 150-day and 200-day MAs are moving higher.

2. Moving Average Alignment

   • The 50-day MA ($15.83) is above both the 150-day and 200-day MAs, signaling upward momentum.

3. Price Relative to 52-Week Range

   • Current price is 123.8% above its 52-week low ($8.31).
   • Trading within 1.4% of its 52-week high ($19.25), reflecting strong upward movement.

4. Strong Relative Strength

   • KGC’s relative strength (RS) score is 94.97, meaning it beats nearly 95% of all stocks—a sign of market leadership.

These points match Minervini’s belief that top-performing stocks are already in clear upward trends, trading near highs with backing from large investors.

High Growth Momentum Fundamentals

Beyond technical strength, KGC shows solid earnings and revenue growth—important for growth-focused investors:

• Earnings Growth (EPS Q2Q): +214.3% (latest quarter vs. prior year).

• Revenue Growth (Sales Q2Q): +41.7% (latest quarter vs. prior year).

• Profit Margin Expansion:

  • Latest quarter profit margin: 30.7% (vs. 24.6% in the prior quarter).
  • Year-over-year improvement shows better operations and pricing strength.

• Free Cash Flow Growth: +356.4% (TTM), highlighting strong cash production.

These numbers suggest KGC is not just a momentum stock but also a fundamentally solid company with improving profits—key qualities Minervini seeks in growth stocks.

Technical Analysis Summary

The ChartMill Technical Report gives KGC a perfect 10/10 technical rating, noting:

• Strong short- and long-term upward trends.
• A new 52-week high, confirming bullish movement.
• High relative strength (beating 83% of metals & mining peers).

However, the setup rating is 3/10, meaning while the stock is technically strong, it might be overextended soon. Investors should look for a dip or pause to improve the risk/reward balance before buying.

Next Steps for Investors

KGC offers a strong case for growth-focused investors, combining Minervini’s trend rules with solid earnings momentum. For those interested in similar high-growth, technically sound stocks, check more options using the High Growth Momentum + Trend Template Screen.

Disclaimer: This is not investment advice. Our content is for informational and educational purposes only. Read our full disclaimer here.