Kinross Gold (KGC) Expected to Announce Earnings on Wednesday

Kinross Gold (NYSE:KGC - Get Free Report) TSE: K is expected to be posting its Q2 2025 quarterly earnings results after the market closes on Wednesday, July 30th. Analysts expect Kinross Gold to post earnings of $0.25 per share and revenue of $1.52 billion for the quarter.

Kinross Gold (NYSE:KGC - Get Free Report) TSE: K last announced its earnings results on Tuesday, May 6th. The mining company reported $0.30 EPS for the quarter, beating the consensus estimate of $0.22 by $0.08. The business had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.43 billion. Kinross Gold had a return on equity of 15.63% and a net margin of 21.74%. Kinross Gold's revenue was up 38.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.10 earnings per share. On average, analysts expect Kinross Gold to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Kinross Gold Stock Up 1.8%

NYSE:KGC traded up $0.29 during trading hours on Friday, hitting $16.13. 24,612,982 shares of the company's stock traded hands, compared to its average volume of 21,013,379. The firm has a market cap of $19.78 billion, a P/E ratio of 16.46, a P/E/G ratio of 0.60 and a beta of 0.63. Kinross Gold has a twelve month low of $7.84 and a twelve month high of $16.52. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.22 and a current ratio of 2.83. The stock's fifty day moving average price is $15.31 and its two-hundred day moving average price is $13.31.

Kinross Gold Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 12th. Investors of record on Thursday, May 29th were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.74%. The ex-dividend date was Thursday, May 29th. Kinross Gold's payout ratio is 12.24%.

Institutional Trading of Kinross Gold

An institutional investor recently raised its position in Kinross Gold stock. AQR Capital Management LLC grew its position in Kinross Gold Corporation (NYSE:KGC - Free Report) TSE: K by 35.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 70,370 shares of the mining company's stock after acquiring an additional 18,287 shares during the quarter. AQR Capital Management LLC's holdings in Kinross Gold were worth $887,000 as of its most recent SEC filing. Institutional investors own 63.69% of the company's stock.

Wall Street Analysts Forecast Growth

KGC has been the topic of several recent analyst reports. National Bankshares reissued an "outperform" rating on shares of Kinross Gold in a research report on Tuesday, June 24th. Raymond James Financial raised Kinross Gold to a "hold" rating and set a $15.00 price target on the stock in a research report on Monday, June 30th. Scotiabank upped their target price on Kinross Gold from $16.00 to $17.00 and gave the stock a "sector outperform" rating in a research report on Thursday, May 8th. Wall Street Zen raised Kinross Gold from a "buy" rating to a "strong-buy" rating in a research report on Friday, April 18th. Finally, Royal Bank Of Canada upped their target price on Kinross Gold from $14.00 to $19.00 and gave the stock a "sector perform" rating in a research report on Wednesday, June 4th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and three have assigned a strong buy rating to the company. Based on data from MarketBeat, Kinross Gold presently has a consensus rating of "Buy" and a consensus price target of $18.00.

Kinross Gold Company Profile

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada.