Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Equities research analysts at Raymond James cut their Q1 2025 earnings estimates for shares of Kinross Gold in a note issued to investors on Tuesday, March 4th. Raymond James analyst F. Hamed now expects that the company will earn $0.20 per share for the quarter, down from their previous forecast of $0.26. The consensus estimate for Kinross Gold's current full-year earnings is $1.01 per share. Raymond James also issued estimates for Kinross Gold's Q2 2025 earnings at $0.20 EPS, Q3 2025 earnings at $0.18 EPS, Q4 2025 earnings at $0.18 EPS and FY2025 earnings at $0.77 EPS.
Separately, National Bankshares boosted their price target on shares of Kinross Gold from C$20.00 to C$22.00 and gave the stock an "outperform" rating in a report on Tuesday, February 11th. Five investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus price target of C$17.10.
Check Out Our Latest Report on Kinross Gold
Kinross Gold Stock Performance
K stock traded up C$0.12 during midday trading on Thursday, hitting C$16.06. The company's stock had a trading volume of 4,604,037 shares, compared to its average volume of 3,499,662. Kinross Gold has a 1 year low of C$7.17 and a 1 year high of C$17.63. The stock has a market cap of C$13.96 billion, a price-to-earnings ratio of 18.91, a PEG ratio of -0.60 and a beta of 1.24. The stock's 50-day moving average price is C$15.58 and its 200 day moving average price is C$14.15. 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 Cuts Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th will be given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.75%. Kinross Gold's dividend payout ratio is currently 18.84%.
Insider Buying and Selling at Kinross Gold
In related news, Senior Officer Geoffrey Peters Gold sold 100,000 shares of Kinross Gold stock in a transaction that occurred on Monday, December 9th. The shares were sold at an average price of C$14.22, for a total value of C$1,421,710.00. Also, Senior Officer Claude J.S. Schimper sold 10,000 shares of the business's stock in a transaction 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 have sold a total of 414,670 shares of company stock worth $6,215,090 over the last ninety days. 0.26% of the stock is currently owned by company insiders.
About Kinross Gold
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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.
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