Stifel Canada Increases Earnings Estimates for Kinross Gold

Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Research analysts at Stifel Canada increased their Q2 2025 earnings per share (EPS) estimates for Kinross Gold in a report released on Monday, July 21st. Stifel Canada analyst R. Profiti now forecasts that the company will post earnings per share of $0.45 for the quarter, up from their prior estimate of $0.29. The consensus estimate for Kinross Gold's current full-year earnings is $1.01 per share. Stifel Canada also issued estimates for Kinross Gold's FY2025 earnings at $1.82 EPS and FY2026 earnings at $1.92 EPS.

Other analysts have also recently issued reports about the company. Raymond James Financial raised Kinross Gold to a "hold" rating in a research note on Monday, June 30th. National Bankshares raised their target price on Kinross Gold from C$25.00 to C$26.00 and gave the stock an "outperform" rating in a research note on Tuesday, June 24th. BMO Capital Markets raised Kinross Gold to a "strong-buy" rating in a research note on Wednesday, April 16th. Finally, Stifel Nicolaus raised their target price on Kinross Gold from C$23.50 to C$24.50 and gave the stock a "buy" rating in a research note on Wednesday, May 7th. One analyst has 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 MarketBeat, Kinross Gold has a consensus rating of "Buy" and a consensus price target of C$20.75.

Kinross Gold Price Performance

K traded up C$0.47 during trading on Thursday, reaching C$22.08. The stock had a trading volume of 3,404,534 shares, compared to its average volume of 3,544,651. The stock has a market cap of C$19.20 billion, a PE ratio of 25.99, a PEG 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 has a one year low of C$11.11 and a one year high of C$22.48. The business has a 50-day moving average of C$21.03 and a 200-day moving average of C$18.69.

Insider Activity

In other Kinross Gold news, Senior Officer Laurence Davies sold 10,000 shares of the company's stock in a transaction dated Thursday, May 22nd. The shares were sold at an average price of C$20.13, for a total value of C$201,300.00. Also, Director George Nickolas Paspalas bought 2,000 shares of the company's stock in a transaction on Tuesday, May 13th. The stock was bought at an average price of C$19.20 per share, for a total transaction of C$38,400.00. In the last three months, insiders sold 42,833 shares of company stock worth $901,122. 0.26% of the stock is owned by insiders.

Kinross Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 12th. Stockholders of record on Thursday, May 29th were given a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.54%. Kinross Gold's dividend payout ratio is 18.84%.

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.