Kinross Gold (KGC) to Release Quarterly Earnings on Tuesday

Kinross Gold (NYSE:KGC - Get Free Report) TSE: K is anticipated to announce its Q1 2025 earnings results after the market closes on Tuesday, May 6th. Analysts expect Kinross Gold to post earnings of $0.16 per share and revenue of $1.43 billion for the quarter.

Kinross Gold (NYSE:KGC - Get Free Report) TSE: K last released its earnings results on Wednesday, February 12th. The mining company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.03). Kinross Gold had a net margin of 18.43% and a return on equity of 12.65%. 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 Performance

KGC traded down $0.14 during midday trading on Friday, reaching $14.07. The company had a trading volume of 15,352,890 shares, compared to its average volume of 17,850,615. Kinross Gold has a 1 year low of $6.48 and a 1 year high of $15.46. The company has a quick ratio of 0.83, a current ratio of 2.01 and a debt-to-equity ratio of 0.18. The company has a market cap of $17.31 billion, a P/E ratio of 18.27, a P/E/G ratio of 0.68 and a beta of 1.12. The business has a 50-day moving average of $12.70 and a two-hundred day moving average of $11.13.

Kinross Gold Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Wednesday, March 5th were issued a $0.03 dividend. This represents a $0.12 annualized dividend and a yield of 0.85%. The ex-dividend date of this dividend was Wednesday, March 5th. Kinross Gold's dividend payout ratio is 15.58%.

Analyst Ratings Changes

KGC has been the subject of a number of analyst reports. National Bank Financial raised shares of Kinross Gold to a "strong-buy" rating in a research note on Friday, March 21st. StockNews.com upgraded Kinross Gold from a "buy" rating to a "strong-buy" rating in a research note on Friday, April 18th. CIBC boosted their price objective on Kinross Gold from $13.00 to $14.00 and gave the company an "outperform" rating in a research report on Thursday, February 13th. Stifel Canada upgraded Kinross Gold to a "strong-buy" rating in a research report on Wednesday, March 19th. Finally, Raymond James boosted their price target on Kinross Gold from $12.00 to $15.00 and gave the stock a "market perform" rating in a report on Friday, April 4th. Two equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy" and an average price target of $13.30.

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.