National Bank Financial Weighs in on Kinross Gold Q1 Earnings

Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Stock analysts at National Bank Financial issued their Q1 2025 earnings per share (EPS) estimates for shares of Kinross Gold in a research note issued to investors on Tuesday, April 22nd. National Bank Financial analyst S. Nagle expects that the company will post earnings per share of $0.35 for the quarter. National Bank Financial 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 $1.56 EPS.

K has been the subject of a number of other research reports. Stifel Canada raised shares of Kinross Gold to a "strong-buy" rating in a research report on Wednesday, March 19th. Stifel Nicolaus boosted their target price on shares of Kinross Gold from C$19.50 to C$23.50 in a research report on Monday, April 21st. BMO Capital Markets raised shares of Kinross Gold to a "strong-buy" rating in a research report on Wednesday, April 16th. Finally, National Bankshares boosted their target price on shares of Kinross Gold from C$22.00 to C$23.00 and gave the company an "outperform" rating in a research report on Wednesday, April 2nd. Four investment analysts have rated the stock with a buy rating and three have given a strong buy rating to the company's stock. According to MarketBeat.com, Kinross Gold currently has a consensus rating of "Buy" and an average target price of C$18.40.

Kinross Gold Stock Down 1.8 %

Shares of TSE:K traded down C$0.37 during midday trading on Thursday, hitting C$20.04. The stock had a trading volume of 976,443 shares, compared to its average volume of 3,657,450. Kinross Gold has a 12 month low of C$8.84 and a 12 month high of C$21.36. 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 business's 50-day simple moving average is C$17.72 and its 200-day simple moving average is C$15.65. The company has a market cap of C$17.42 billion, a P/E ratio of 23.59, a PEG ratio of -0.60 and a beta of 1.24.

Kinross Gold Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Wednesday, March 5th were issued a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.60%. Kinross Gold's dividend payout ratio is currently 18.84%.

Insider Activity

In related news, Senior Officer Laurence Davies sold 10,000 shares of the business's stock in a transaction dated Friday, March 14th. The shares were sold at an average price of C$16.58, for a total transaction of C$165,800.00. Also, Director George Vincent Albino purchased 5,000 shares of the business's stock in a transaction that occurred on Tuesday, February 18th. The shares were purchased at an average price of C$16.07 per share, for a total transaction of C$80,369.87. Insiders sold 349,670 shares of company stock worth $5,366,186 over the last three months. 0.26% of the stock is currently owned by 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.