Barrick Gold vs Kinross Gold Which Is More Reliable?

Barrick Gold and Kinross Gold are two prominent players in the mining industry, both specializing in gold production. Barrick Gold, one of the largest gold mining companies in the world, has a diversified portfolio of mines across several countries. On the other hand, Kinross Gold focuses on operating mines in North and South America, as well as Russia. Investors looking to invest in gold stocks may consider comparing the performance and financial stability of these two companies to make informed decisions.

Barrick Gold or Kinross Gold?

When comparing Barrick Gold and Kinross Gold, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Barrick Gold and Kinross Gold.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. Barrick Gold has a dividend yield of 2.23%, while Kinross Gold has a dividend yield of 1.29%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Barrick Gold reports a 5-year dividend growth of 14.50% year and a payout ratio of 46.48%. On the other hand, Kinross Gold reports a 5-year dividend growth of 0.00% year and a payout ratio of 20.31%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Barrick Gold P/E ratio at 19.49 and Kinross Gold's P/E ratio at 15.40. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Barrick Gold P/B ratio is 1.25 while Kinross Gold's P/B ratio is 1.72.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Barrick Gold has seen a 5-year revenue growth of 0.05%, while Kinross Gold's is 0.37%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Barrick Gold's ROE at 6.48% and Kinross Gold's ROE at 11.79%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $16.74 for Barrick Gold and $9.23 for Kinross Gold. Over the past year, Barrick Gold's prices ranged from $13.76 to $21.35, with a yearly change of 55.16%. Kinross Gold's prices fluctuated between $4.75 and $10.82, with a yearly change of 127.79%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.