Stifel Canada Estimates Kinross Gold’s Q1 Earnings (TSE:K)

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Analysts at Stifel Canada issued their Q1 2025 earnings estimates for Kinross Gold in a report issued on Monday, April 21st. Stifel Canada analyst R. Profiti expects that the company will post earnings of $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.

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

Kinross Gold Trading Down 2.3 %

TSE:K opened at C$19.90 on Tuesday. The company has a market cap of C$17.30 billion, a PE ratio of 23.43, a PEG ratio of -0.60 and a beta of 1.24. 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 has a one year low of C$8.84 and a one year high of C$21.36. The firm has a 50-day moving average of C$17.46 and a 200-day moving average of C$15.50.

Kinross Gold Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Wednesday, March 5th were paid a $0.03 dividend. This represents a $0.12 annualized dividend and a dividend yield of 0.60%. Kinross Gold’s payout ratio is presently 18.84%.

Insider Activity at Kinross Gold

In related news, Director George Vincent Albino purchased 5,000 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were purchased at an average cost of C$16.07 per share, with a total value of C$80,369.87. Also, Senior Officer Laurence Davies sold 10,000 shares of Kinross Gold stock in a transaction on Friday, March 14th. The shares were sold at an average price of C$16.58, for a total value of C$165,800.00. Insiders have sold a total of 349,670 shares of company stock worth $5,366,186 in the last 90 days. Company insiders own 0.26% of the company’s stock.

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.