With Kinross Gold Stock Sliding, Have You Assessed The Risk?

KGC: Kinross Gold logo
KGC
Kinross Gold

Kinross Gold (KGC) stock is down 5.0% in a day. The recent slide reflects renewed concerns around broader gold sector volatility and bearish technical signals, but sharp drops like this often raise a tougher question: is the weakness temporary, or a sign of deeper cracks in the story?

Before judging its downturn reslience, let’s look at where Kinross Gold stands today.

  • Size: Kinross Gold is a $34 Bil company with $6.4 Bil in revenue currently trading at $28.21.
  • Fundamentals: Last 12 month revenue growth of 32.9% and operating margin of 40.5%.
  • Liquidity: Has Debt to Equity ratio of 0.04 and Cash to Assets ratio of 0.14
  • Valuation: Kinross Gold stock is currently trading at P/E multiple of 19.5 and P/EBIT multiple of 12.9
  • Has returned (median) 21.5% within a year following sharp dips since 2010. See KGC Dip Buy Analysis.

These metrics point to a Very Strong operational performance, alongside Moderate valuation – making the stock Attractive. For details, see Buy or Sell KGC Stock

That brings us to the key consideration for investors worried about this fall: how resilient is KGC stock if markets turn south? This is where our downturn resilience framework comes in. Suppose KGC stock falls another 20-30% to $20 – can investors comfortably hold on? Turns out, the stock has fared worse than the S&P 500 index during various economic downturns, based on (a) how much the stock fell and, (b) how quickly it recovered. Below, we dive deeper into each such downturn.

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2022 Inflation Shock

  • KGC stock fell 62.6% from a high of $8.26 on 17 May 2021 to $3.09 on 15 July 2022 vs. a peak-to-trough decline of 25.4% for the S&P 500.
  • However, the stock fully recovered to its pre-Crisis peak by 27 June 2024
  • Since then, the stock increased to a high of $29.70 on 28 December 2025 , and currently trades at $28.21

  KGC S&P 500
% Change from Pre-Recession Peak -62.6% -25.4%
Time to Full Recovery 713 days 464 days

 
2020 Covid Pandemic

  • KGC stock fell 41.8% from a high of $5.96 on 21 February 2020 to $3.47 on 13 March 2020 vs. a peak-to-trough decline of 33.9% for the S&P 500.
  • However, the stock fully recovered to its pre-Crisis peak by 13 April 2020

  KGC S&P 500
% Change from Pre-Recession Peak -41.8% -33.9%
Time to Full Recovery 31 days 148 days

 
2018 Correction

  • KGC stock fell 50.3% from a high of $4.89 on 7 September 2017 to $2.43 on 13 November 2018 vs. a peak-to-trough decline of 19.8% for the S&P 500.
  • However, the stock fully recovered to its pre-Crisis peak by 7 August 2019

  KGC S&P 500
% Change from Pre-Recession Peak -50.3% -19.8%
Time to Full Recovery 267 days 120 days

 
2008 Global Financial Crisis

  • KGC stock fell 71.5% from a high of $26.84 on 14 March 2008 to $7.66 on 27 October 2008 vs. a peak-to-trough decline of 56.8% for the S&P 500.
  • However, the stock fully recovered to its pre-Crisis peak by 15 October 2025

  KGC S&P 500
% Change from Pre-Recession Peak -71.5% -56.8%
Time to Full Recovery 6,197 days 1,480 days

 
Feeling jittery about KGC stock? Consider portfolio approach.

The Best Investors Think In Portfolios

Individual stocks can soar or tank but one thing matters: staying invested. The right portfolio can help you stay invested, capture upside and mitigate the downside associated with any individual stock.

The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.