Is Kinross Gold Corporation (KGC) One of the Most Profitable Value Stocks to Invest in Right Now?

Kinross Gold Corporation (NYSE:KGC) is one of the most profitable value stocks to invest in right now. On December 1, UBS raised the firm’s price target on Kinross Gold to $33 from $31, while keeping a Buy rating on the shares. This sentiment comes as Gold maintains its momentum from 2025 into 2026, driven by consistent demand from both private investors and central banks. UBS believes that the market lacks the speculative crowding typically associated with a bubble.

Earlier on November 24, Bank of America raised the price target on Kinross Gold to $32 from $30 with a Buy rating on the shares. This upgrade was made as BofA refreshed its outlook on North American metals and mining, acknowledging a challenging backdrop as China’s appetite for commodities wanes.

In its Q3 2025 earnings report, Kinross Gold Corporation disclosed making $1.80 billion in revenue, which was a 25.84% increase year-over-year. At the same time, the company also earned $0.44 per share, which beat expectations by $0.05. The cost of sales was recorded at $1,145 per ounce, which contributed to healthy operating margins. However, costs have trended upward sequentially due to planned mine sequencing, the timing of sustaining capital expenditures, and higher royalty payments triggered by rising gold prices. While Kinross Gold is implementing global cost-reduction initiatives, higher royalties and general inflation continue to exert pressure on all-in sustaining costs.

Kinross Gold Corporation (NYSE:KGC), together with its subsidiaries, acquires, explores, and develops gold properties principally in the US, Brazil, Chile, Canada, and Mauritania.

While we acknowledge the potential of KGC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.