FY2025 EPS Estimates for Kinross Gold Lifted by Analyst

Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Investment analysts at National Bank Financial increased their FY2025 earnings estimates for shares of Kinross Gold in a note issued to investors on Tuesday, July 15th. National Bank Financial analyst S. Nagle now expects that the company will post earnings per share of $1.97 for the year, up from their previous forecast of $1.60. National Bank Financial 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. National Bank Financial also issued estimates for Kinross Gold's FY2025 earnings at $1.97 EPS, FY2026 earnings at $2.42 EPS and FY2026 earnings at $2.42 EPS.

Several other analysts also recently commented on the stock. Raymond James Financial raised shares of Kinross Gold to a "hold" rating in a report on Monday, June 30th. National Bankshares increased their price target on shares of Kinross Gold from C$25.00 to C$26.00 and gave the stock an "outperform" rating in a report on Tuesday, June 24th. Stifel Nicolaus increased their price target on shares of Kinross Gold from C$23.50 to C$24.50 and gave the stock a "buy" rating in a report on Wednesday, May 7th. Finally, BMO Capital Markets raised shares of Kinross Gold to a "strong-buy" rating in a report on Wednesday, April 16th. One research analyst has rated the stock with a hold rating, four have given a buy rating and three have given a strong buy rating to the stock. According to MarketBeat.com, Kinross Gold currently has an average rating of "Buy" and a consensus target price of C$20.75.

Kinross Gold Stock Down 0.0%

Shares of TSE K traded down C$0.01 during trading hours on Friday, hitting C$21.18. 438,987 shares of the stock were exchanged, compared to its average volume of 3,541,443. The company has a quick ratio of 1.11, a current ratio of 1.61 and a debt-to-equity ratio of 18.81. The company has a market cap of C$18.42 billion, a PE ratio of 24.93, a PEG ratio of -0.60 and a beta of 1.24. The firm has a fifty day moving average price of C$20.75 and a 200-day moving average price of C$18.36. Kinross Gold has a 12 month low of C$11.11 and a 12 month high of C$22.02.

Kinross Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 12th. Stockholders of record on Thursday, May 29th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.57%. Kinross Gold's payout ratio is currently 18.84%.

Insider Buying and Selling at Kinross Gold

In other Kinross Gold news, Senior Officer Lucas Crosby sold 12,660 shares of the stock in a transaction that occurred on Monday, June 2nd. The shares were sold at an average price of C$21.48, for a total value of C$271,920.34. Also, Senior Officer Geoffrey Peters Gold sold 18,834 shares of the firm's stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of C$21.27, for a total transaction of C$400,599.18. Over the last 90 days, insiders sold 42,833 shares of company stock worth $901,122. 0.26% of the stock is currently owned by insiders.

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.

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