Kinross Gold (TSE:K) Rating Increased to Hold at Raymond James Financial

Raymond James Financial upgraded shares of Kinross Gold (TSE:K - Free Report) NYSE: KGC to a hold rating in a research report report published on Monday morning,Zacks.com reports. Raymond James Financial also issued estimates for Kinross Gold's Q2 2025 earnings at $0.39 EPS, Q3 2025 earnings at $0.43 EPS, Q4 2025 earnings at $0.42 EPS and FY2025 earnings at $1.56 EPS.

A number of other research analysts also recently weighed in on the company. Stifel Nicolaus boosted their target price on Kinross Gold from C$23.50 to C$24.50 and gave the stock a "buy" rating in a report on Wednesday, May 7th. National Bank Financial raised shares of Kinross Gold to a "strong-buy" rating in a research report on Friday, March 21st. National Bankshares upped their price objective 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. BMO Capital Markets upgraded shares of Kinross Gold to a "strong-buy" rating in a report on Wednesday, April 16th. Finally, Stifel Canada raised shares of Kinross Gold to a "strong-buy" rating in a research report on Wednesday, March 19th. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, Kinross Gold has a consensus rating of "Buy" and a consensus price target of C$20.75.

Kinross Gold Stock Up 0.6%

Shares of TSE K traded up C$0.12 during trading hours on Monday, hitting C$21.67. The stock had a trading volume of 218,554 shares, compared to its average volume of 3,616,120. The firm's 50-day moving average price is C$20.56 and its two-hundred day moving average price is C$17.81. Kinross Gold has a 52 week low of C$11.11 and a 52 week high of C$22.02. The company has a market capitalization of C$18.84 billion, a P/E ratio of 25.51, a P/E/G ratio of -0.60 and a beta of 1.24. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 12th. Shareholders of record on Thursday, May 29th were paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.55%. Kinross Gold's dividend payout ratio is currently 18.84%.

Insiders Place Their Bets

In other Kinross Gold news, Senior Officer Lucas Crosby sold 12,660 shares of the business's stock in a transaction on Monday, June 2nd. The stock was sold at an average price of C$21.48, for a total value of C$271,920.34. Also, Senior Officer Laurence Davies sold 10,000 shares of the firm's stock in a transaction on Thursday, May 22nd. The shares were sold at an average price of C$20.13, for a total value of C$201,300.00. Insiders have sold 42,833 shares of company stock worth $901,122 in the last quarter. 0.26% of the stock is owned by corporate insiders.

Kinross Gold Company Profile

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.