Analysts Set Expectations for Kinross Gold Q1 Earnings

Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Equities researchers at National Bank Financial issued their Q1 2025 earnings estimates for Kinross Gold in a research report issued to clients and investors on Tuesday, April 22nd. National Bank Financial analyst S. Nagle forecasts that the company will post earnings of $0.35 per share 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.

A number of other research firms also recently issued reports on K. Stifel Nicolaus increased their target price on shares of Kinross Gold from C$19.50 to C$23.50 in a research report on Monday, April 21st. National Bankshares lifted their price target 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. Finally, Stifel Canada raised shares of Kinross Gold to a "strong-buy" rating in a research report on Wednesday, March 19th. 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 data from MarketBeat, Kinross Gold currently has a consensus rating of "Buy" and a consensus target price of C$18.40.

Kinross Gold Trading Down 1.1 %

Shares of K traded down C$0.23 during midday trading on Thursday, hitting C$20.08. The stock had a trading volume of 2,861,130 shares, compared to its average volume of 3,707,335. Kinross Gold has a fifty-two week low of C$8.84 and a fifty-two week high of C$21.36. The business has a 50-day simple moving average of C$17.63 and a two-hundred day simple moving average of C$15.58. The company has a current ratio of 1.61, a quick ratio of 1.11 and a debt-to-equity ratio of 18.81. The firm has a market cap of C$17.46 billion, a P/E ratio of 23.64, a price-to-earnings-growth ratio of -0.60 and a beta of 1.24.

Kinross Gold Cuts Dividend

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

Insiders Place Their Bets

In related news, Director George Vincent Albino bought 5,000 shares of Kinross Gold stock in a transaction dated Tuesday, February 18th. The shares were bought at an average cost of C$16.07 per share, for a total transaction of C$80,369.87. Also, Senior Officer Claude J.S. Schimper sold 10,000 shares of the firm's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of C$15.63, for a total transaction of C$156,300.00. 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 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.