Analysts Offer Predictions for Kinross Gold FY2025 Earnings

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Stock analysts at Raymond James decreased their FY2025 earnings estimates for Kinross Gold in a research report issued to clients and investors on Monday, February 3rd. Raymond James analyst F. Hamed now anticipates that the company will earn $0.91 per share for the year, down from their prior estimate of $1.18. The consensus estimate for Kinross Gold’s current full-year earnings is $1.01 per share.

Several other analysts have also commented on K. Stifel Nicolaus boosted their price target on Kinross Gold from C$14.50 to C$18.00 in a research note on Monday, October 21st. National Bankshares boosted their target price on shares of Kinross Gold from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of C$16.70.

Kinross Gold Stock Up 3.5 %

Shares of K opened at C$17.01 on Thursday. Kinross Gold has a 12 month low of C$6.46 and a 12 month high of C$17.17. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 31.89. The company has a 50-day moving average price of C$14.50 and a two-hundred day moving average price of C$13.50. The stock has a market cap of C$20.92 billion, a price-to-earnings ratio of 31.50, a P/E/G ratio of -0.60 and a beta of 1.24.

Kinross Gold (TSE:K) (NYSE:KGC) last announced its quarterly earnings results on Tuesday, November 5th. The company reported C$0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.25 by C$0.08. Kinross Gold had a net margin of 10.91% and a return on equity of 7.81%. During the same period last year, the firm posted $0.16 EPS.

Insider Transactions at Kinross Gold

In other Kinross Gold news, Director George Nickolas Paspalas acquired 5,000 shares of the company’s stock in a transaction on Monday, December 16th. The shares were purchased at an average price of C$13.79 per share, for a total transaction of C$68,950.00. Also, Senior Officer Claude J.S. Schimper sold 7,122 shares of the firm’s stock in a transaction on Wednesday, November 20th. The shares were sold at an average price of C$13.91, for a total value of C$99,067.02. Insiders sold 1,608,122 shares of company stock valued at $22,536,883 over the last three months. 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.