National Bank Financial Comments on Kinross Gold Q1 Earnings

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Equities research analysts at National Bank Financial issued their Q1 2025 EPS estimates for Kinross Gold in a report released on Tuesday, April 22nd. National Bank Financial analyst S. Nagle anticipates that the company will earn $0.35 per share for the quarter. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Kinross Gold’s current full-year earnings is $1.01 per share. National Bank Financial also issued estimates for Kinross Gold’s FY2025 earnings at $1.56 EPS.

A number of other equities analysts also recently commented on the stock. Stifel Canada upgraded shares of Kinross Gold to a “strong-buy” rating in a research report on Wednesday, March 19th. Stifel Nicolaus upped their price target on shares of Kinross Gold from C$19.50 to C$23.50 in a research note on Monday. BMO Capital Markets raised shares of Kinross Gold to a “strong-buy” rating in a report on Wednesday, April 16th. Finally, National Bankshares boosted their target price on Kinross Gold from C$22.00 to C$23.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 2nd. Four research analysts have rated the stock with a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, Kinross Gold currently has a consensus rating of “Buy” and a consensus target price of C$18.40.

Kinross Gold Stock Up 2.1 %

K stock opened at C$20.31 on Thursday. 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 cap of C$17.66 billion, a price-to-earnings ratio of 23.91, a price-to-earnings-growth ratio of -0.60 and a beta of 1.24. Kinross Gold has a 12 month low of C$8.84 and a 12 month high of C$21.36. The company has a fifty day moving average price of C$17.55 and a 200 day moving average price of C$15.53.

Kinross Gold Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.59%. Kinross Gold’s dividend payout ratio (DPR) is 18.84%.

Insiders Place Their Bets

In other news, Senior Officer Laurence Davies sold 10,000 shares of the stock in a transaction dated 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 the company’s stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of C$15.86, for a total transaction of C$317,156.00. Insiders have sold 349,670 shares of company stock valued at $5,366,186 in the last ninety days. Insiders own 0.26% of the company’s stock.

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.