Kinross Gold (KGC) to Release Quarterly Earnings on Tuesday

Kinross Gold (NYSE:KGC - Get Free Report) TSE: K is anticipated to post its Q1 2025 quarterly 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 posted its earnings results on Wednesday, February 12th. The mining company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.03). Kinross Gold had a return on equity of 12.65% and a net margin of 18.43%. 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 Down 1.0 %

NYSE:KGC opened at $14.07 on Friday. The firm's 50-day moving average price is $12.76 and its 200-day moving average price is $11.17. Kinross Gold has a 1-year low of $6.67 and a 1-year high of $15.46. The company has a market capitalization of $17.31 billion, a PE ratio of 18.27, a P/E/G ratio of 0.68 and a beta of 1.12. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 0.83.

Kinross Gold Announces Dividend

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

Analyst Upgrades and Downgrades

KGC has been the subject of a number of recent analyst reports. National Bankshares restated an "outperform" rating on shares of Kinross Gold in a report on Wednesday, April 23rd. BMO Capital Markets started coverage on Kinross Gold in a report on Wednesday, April 16th. They issued an "outperform" rating for the company. StockNews.com upgraded shares of Kinross Gold from a "buy" rating to a "strong-buy" rating in a research note on Friday, April 18th. National Bank Financial upgraded shares of Kinross Gold to a "strong-buy" rating in a research report on Friday, March 21st. Finally, Raymond James lifted their target price on shares of Kinross Gold from $12.00 to $15.00 and gave the stock a "market perform" rating in a research report on Friday, April 4th. Two research analysts have rated the stock with a hold rating, four have assigned a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat, Kinross Gold has an average rating of "Buy" and an average target price of $13.30.

About Kinross Gold

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.

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