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

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Equities researchers at Stifel Canada issued their Q1 2025 earnings per share estimates for shares of Kinross Gold in a research report issued to clients and investors on Monday, April 21st. Stifel Canada analyst R. Profiti anticipates 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.

Several other brokerages have also recently weighed in on K. BMO Capital Markets upgraded Kinross Gold to a “strong-buy” rating in a research report on Wednesday, April 16th. National Bank Financial raised Kinross Gold to a “strong-buy” rating in a report on Friday, March 21st. National Bankshares upped their price target on 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, Stifel Nicolaus boosted their price objective on shares of Kinross Gold from C$19.50 to C$23.50 in a research note on Monday. 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 MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of C$18.40.

Kinross Gold Stock Performance

Shares of Kinross Gold stock opened at C$20.37 on Tuesday. The business’s fifty day simple moving average is C$17.39 and its 200 day simple moving average is C$15.45. The company has a current ratio of 1.61, a quick ratio of 1.11 and a debt-to-equity ratio of 18.81. Kinross Gold has a 12 month low of C$8.69 and a 12 month high of C$21.36. The firm has a market capitalization of C$17.71 billion, a P/E ratio of 23.98, a price-to-earnings-growth ratio of -0.60 and a beta of 1.24.

Insider Buying and Selling at Kinross Gold

In other news, Senior Officer Claude J.S. Schimper sold 10,000 shares of Kinross Gold stock in a transaction on Monday, March 3rd. The stock was sold at an average price of C$15.63, for a total transaction of C$156,300.00. Also, Senior Officer Geoffrey Peters Gold sold 99,347 shares of the company’s stock in a transaction on Friday, February 28th. The stock was sold at an average price of C$15.22, for a total value of C$1,512,061.34. Insiders sold 349,670 shares of company stock worth $5,366,186 over the last 90 days. 0.26% of the stock is owned by insiders.

Kinross Gold Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Wednesday, March 5th were paid a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a yield of 0.59%. Kinross Gold’s payout ratio is 18.84%.

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.