Brokers Offer Predictions for Kinross Gold Q1 Earnings

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Stifel Canada issued their Q1 2025 EPS estimates for shares of Kinross Gold in a research note issued to investors on Monday, April 21st. Stifel Canada analyst R. Profiti expects that the company will post earnings per share of $0.32 for the quarter. Stifel Canada currently has a “Strong-Buy” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $1.01 per share.

Several other equities research analysts also recently weighed in on the company. National Bankshares raised their price objective on Kinross Gold from C$22.00 to C$23.00 and gave the company an “outperform” rating in a report on Wednesday, April 2nd. BMO Capital Markets upgraded Kinross Gold to a “strong-buy” rating in a report on Wednesday, April 16th. National Bank Financial upgraded shares of Kinross Gold to a “strong-buy” rating in a report on Friday, March 21st. Finally, Stifel Nicolaus boosted their target price on shares of Kinross Gold from C$19.50 to C$23.50 in a report on Monday. Four investment analysts have rated the stock with a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of C$18.40.

Kinross Gold Price Performance

Shares of TSE:K opened at C$20.67 on Tuesday. The firm has a 50 day simple moving average of C$17.30 and a 200 day simple moving average of C$15.40. The company has a market cap of C$17.97 billion, a price-to-earnings ratio of 24.33, a PEG ratio of -0.60 and a beta of 1.24. Kinross Gold has a one year low of C$8.69 and a one year high of C$21.36. The company has a debt-to-equity ratio of 18.81, a current ratio of 1.61 and a quick ratio of 1.11.

Kinross Gold Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Wednesday, March 5th were paid a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.58%. Kinross Gold’s dividend payout ratio is currently 18.84%.

Insider Transactions at Kinross Gold

In other news, Director Jonathan Paul Rollinson sold 205,318 shares of the firm’s stock in a transaction that occurred on Friday, February 28th. The shares were sold at an average price of C$15.22, for a total transaction of C$3,124,939.96. Also, Director George Vincent Albino bought 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The shares were bought at an average price of C$16.07 per share, for a total transaction of C$80,369.87. Insiders sold a total of 349,670 shares of company stock worth $5,366,186 over the last three months. 0.26% of the stock is owned by company insiders.

About Kinross Gold

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.