Stifel Canada Predicts Kinross Gold Q1 Earnings

Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Stock analysts at Stifel Canada issued their Q1 2025 earnings per share (EPS) estimates for Kinross Gold in a research note issued on Monday, April 21st. Stifel Canada analyst R. Profiti anticipates that the company will earn $0.32 per share for the quarter. Stifel Canada 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 analysts have also recently issued reports on K. Stifel Nicolaus increased their target price on Kinross Gold from C$19.50 to C$23.50 in a research report on Monday, April 21st. National Bank Financial upgraded Kinross Gold to a "strong-buy" rating in a research note on Friday, March 21st. National Bankshares lifted their target price on Kinross Gold from C$22.00 to C$23.00 and gave the company an "outperform" rating in a research note on Wednesday, April 2nd. Finally, BMO Capital Markets raised shares of Kinross Gold to a "strong-buy" rating in a research report on Wednesday, April 16th. Four equities research analysts have rated the stock with a buy rating and three have given a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of C$18.40.

Kinross Gold Stock Down 1.1 %

Shares of TSE K traded down C$0.23 during midday trading on Tuesday, reaching C$20.08. 2,861,130 shares of the company's stock traded hands, compared to its average volume of 3,707,335. The company has a market cap of C$17.46 billion, a price-to-earnings ratio of 23.64, a P/E/G ratio of -0.60 and a beta of 1.24. The stock's 50 day simple moving average is C$17.63 and its 200-day simple moving average is C$15.56. The company has a quick ratio of 1.11, a current ratio of 1.61 and a debt-to-equity ratio of 18.81. Kinross Gold has a one year low of C$8.84 and a one year high of C$21.36.

Insider Activity at Kinross Gold

In other news, Director Jonathan Paul Rollinson sold 205,318 shares of the company's stock in a transaction that occurred on Friday, February 28th. The stock was 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 firm's stock in a transaction dated Tuesday, February 18th. The shares were acquired at an average price of C$16.07 per share, for a total transaction of C$80,369.87. Over the last ninety days, insiders sold 349,670 shares of company stock worth $5,366,186. 0.26% of the stock is owned by corporate insiders.

Kinross Gold Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Wednesday, March 5th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a yield of 0.60%. Kinross Gold's dividend payout ratio (DPR) is 18.84%.

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.