Stifel Canada Estimates Kinross Gold FY2025 Earnings

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Equities researchers at Stifel Canada issued their FY2025 earnings per share (EPS) estimates for Kinross Gold in a research note issued to investors on Wednesday, March 19th. Stifel Canada analyst R. Profiti forecasts that the company will earn $1.11 per share for the year. 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. Stifel Canada also issued estimates for Kinross Gold’s FY2026 earnings at $0.93 EPS and FY2027 earnings at $0.75 EPS.

Separately, National Bankshares upped their price target on Kinross Gold from C$20.00 to C$22.00 and gave the company an “outperform” rating in a report on Tuesday, February 11th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of C$17.10.

Kinross Gold Trading Down 1.0 %

K opened at C$17.46 on Friday. 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$7.66 and a one year high of C$17.76. The company has a market cap of C$15.18 billion, a P/E ratio of 20.55, a PEG ratio of -0.60 and a beta of 1.24. The business’s 50-day simple moving average is C$16.09 and its 200-day simple moving average is C$14.44.

Kinross Gold Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Wednesday, March 5th were given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.69%. Kinross Gold’s dividend payout ratio (DPR) is presently 18.84%.

Insider Buying and Selling

In related news, Senior Officer Laurence Davies sold 10,000 shares of the stock in a transaction on Friday, March 14th. The shares were sold at an average price of C$16.58, for a total transaction of C$165,800.00. Also, Senior Officer Claude J.S. Schimper sold 20,000 shares of Kinross Gold stock in a transaction on Monday, March 10th. The shares were sold at an average price of C$15.86, for a total transaction of C$317,156.00. Insiders have sold 344,670 shares of company stock worth $5,276,336 in the last quarter. 0.26% of the stock is owned by 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.