Kinross Gold (TSE:K) Upgraded at Raymond James Financial

Raymond James Financial upgraded shares of Kinross Gold (TSE:K) (NYSE:KGC) to a hold rating in a report released on Monday,Zacks.com reports. Raymond James Financial also issued estimates for Kinross Gold’s Q2 2025 earnings at $0.39 EPS, Q3 2025 earnings at $0.43 EPS, Q4 2025 earnings at $0.42 EPS and FY2025 earnings at $1.56 EPS.

A number of other equities analysts also recently issued reports on the stock. BMO Capital Markets upgraded shares of Kinross Gold to a “strong-buy” rating in a research note on Wednesday, April 16th. Stifel Nicolaus raised their target price on shares of Kinross Gold from C$23.50 to C$24.50 and gave the company a “buy” rating in a research note on Wednesday, May 7th. National Bankshares raised their target price on shares of Kinross Gold from C$25.00 to C$26.00 and gave the company an “outperform” rating in a research note on Tuesday, June 24th. Stifel Canada upgraded shares of Kinross Gold to a “strong-buy” rating in a research note on Wednesday, March 19th. Finally, National Bank Financial upgraded shares of Kinross Gold to a “strong-buy” rating in a research note on Friday, March 21st. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and three have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of C$20.75.

Kinross Gold Price Performance

Shares of K stock opened at C$21.14 on Monday. The company has a debt-to-equity ratio of 18.81, a current ratio of 1.61 and a quick ratio of 1.11. The company has a market capitalization of C$18.38 billion, a P/E ratio of 24.89, a P/E/G ratio of -0.60 and a beta of 1.24. The company’s 50-day simple moving average is C$20.54 and its two-hundred day simple moving average is C$17.76. Kinross Gold has a one year low of C$11.09 and a one year high of C$22.02.

Kinross Gold Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 12th. Investors of record on Thursday, May 29th were issued a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 0.57%. Kinross Gold’s dividend payout ratio (DPR) is presently 18.84%.

Insider Activity at Kinross Gold

In related news, Senior Officer Lucas Crosby sold 12,660 shares of the firm’s stock in a transaction on Monday, June 2nd. The shares were sold at an average price of C$21.48, for a total transaction of C$271,920.34. Also, Director George Nickolas Paspalas purchased 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, May 13th. The shares were purchased at an average price of C$19.20 per share, for a total transaction of C$38,400.00. Insiders have sold 42,833 shares of company stock valued at $901,122 in the last quarter. 0.26% of the stock is currently owned by 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.