Stifel Canada Predicts Kinross Gold Q1 Earnings

Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Equities research analysts at Stifel Canada issued their Q1 2025 earnings estimates for Kinross Gold in a research note issued on Monday, April 21st. Stifel Canada analyst R. Profiti forecasts that the company will post earnings per share of $0.32 for the quarter. Stifel Canada currently has a "Strong-Buy" rating on the stock. The consensus estimate for Kinross Gold's current full-year earnings is $1.01 per share.

Several other research analysts also recently commented on K. BMO Capital Markets raised shares of Kinross Gold to a "strong-buy" rating in a research note on Wednesday, April 16th. National Bankshares lifted their price target on shares of Kinross Gold from C$22.00 to C$23.00 and gave the company an "outperform" rating in a report on Wednesday, April 2nd. Stifel Nicolaus lifted their price target on shares of Kinross Gold from C$19.50 to C$23.50 in a report on Monday, April 21st. Finally, National Bank Financial upgraded shares of Kinross Gold to a "strong-buy" rating in a report on Friday, March 21st. Four research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of C$18.40.

Kinross Gold Trading Down 1.1 %

Shares of TSE K traded down C$0.23 during mid-day trading on Tuesday, hitting C$20.08. The stock had a trading volume of 2,861,130 shares, compared to its average volume of 3,707,335. The company has a debt-to-equity ratio of 18.81, a quick ratio of 1.11 and a current ratio of 1.61. Kinross Gold has a 1 year low of C$8.84 and a 1 year high of C$21.36. The business has a 50 day moving average price of C$17.63 and a two-hundred day moving average price of C$15.60. The firm has a market cap of C$17.46 billion, a P/E ratio of 23.64, a price-to-earnings-growth ratio of -0.60 and a beta of 1.24.

Insider Buying and Selling at Kinross Gold

In other news, Senior Officer Claude J.S. Schimper sold 10,000 shares of the company's stock in a transaction dated Monday, March 3rd. The shares were sold at an average price of C$15.63, for a total transaction of C$156,300.00. Also, Senior Officer Geoffrey Peters Gold sold 99,347 shares of the business's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of C$15.22, for a total value of C$1,512,061.34. In the last ninety days, insiders have sold 349,670 shares of company stock worth $5,366,186. Insiders own 0.26% of the company's stock.

Kinross Gold Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.60%. Kinross Gold's dividend payout ratio is currently 18.84%.

About Kinross Gold

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.