This Acquirers Multiple Stock Appearing In Simons, Greenblatt, Gabelli Portfolios

Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:

Kinross Gold Corporation (NYSE: KGC)

Kinross Gold is a Canada-based senior gold producer, producing roughly 2.4 million gold equivalent ounces in 2020. The company had 30 million ounces of proven and probable gold reserves and 59 million ounces of silver reserves at the end of 2020. It operates mines and focuses its greenfield and brownfield exploration in the Americas, West Africa, and Russia. The company has historically used acquisitions to fuel expansion into new regions and production growth.

A quick look at the price chart below for Kinross Gold shows us that the stock is down 34% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 6.56, which means that it remains undervalued.

(Source: Morningstar)

Superinvestors who currently hold positions in Kinross Gold include:

(Shares)

Jim Simons – 31,227,274

Donald Smith – 6,099,202

Ken Griffin – 2,754,564

Jean-Marie Eveillard – 2,322,918

Israel Englander – 1,140,890

Mario Gabelli – 363,295

Jim O’Shaughnessy – 344,444

Ray Dalio – 311,232

Joel Greenblatt – 188,247

Cliff Asness – 21,441

Ken Fisher – 20,000