
Kinross Gold Co. (TSE:K – Free Report) (NYSE:KGC) – Scotiabank boosted their FY2027 earnings per share estimates for Kinross Gold in a research report issued on Tuesday, August 4th. Scotiabank analyst T. Jakusconek now forecasts that the company will post earnings per share of $3.79 for the year, up from their prior estimate of $3.72. The consensus estimate for Kinross Gold’s current full-year earnings is $1.01 per share.
Kinross Gold (TSE:K – Get Free Report) (NYSE:KGC) last issued its earnings results on Wednesday, July 29th. The company reported C$1.01 earnings per share for the quarter. Kinross Gold had a return on equity of 35.91% and a net margin of 37.56%.The company had revenue of C$3.18 billion for the quarter.
Get Our Latest Stock Analysis on K
Kinross Gold Stock Performance
TSE K opened at C$35.93 on Friday. The company has a fifty day simple moving average of C$35.05 and a 200 day simple moving average of C$41.01. Kinross Gold has a 12-month low of C$25.42 and a 12-month high of C$53.57. The company has a current ratio of 2.89, a quick ratio of 1.11 and a debt-to-equity ratio of 7.65. The company has a market cap of C$42.62 billion, a P/E ratio of 13.66, a PEG ratio of -0.60 and a beta of 1.48.
Insider Buying and Selling
In related news, insider Claude J.S. Schimper sold 15,000 shares of the stock in a transaction on Monday, May 25th. The stock was sold at an average price of C$40.33, for a total value of C$604,950.00. Following the completion of the sale, the insider directly owned 49,060 shares of the company’s stock, valued at approximately C$1,978,589.80. This represents a 23.42% decrease in their position. Also, insider Stephen Kerrigan sold 791 shares of the firm’s stock in a transaction on Friday, May 15th. The shares were sold at an average price of C$39.12, for a total value of C$30,943.92. Following the transaction, the insider owned 84,936 shares in the company, valued at approximately C$3,322,696.32. This trade represents a 0.92% decrease in their ownership of the stock. Over the last 90 days, insiders sold 28,582 shares of company stock worth $1,152,718. 0.26% of the stock is owned by corporate insiders.
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. The company has historically used acquisitions to fuel expansion into new regions and production growth.
Read More
- Five stocks we like better than Kinross Gold
- Sandisk Just Delivered a Blowout Quarter—Here’s Why the Stock Is Falling
- 4 Oil and Gas ETF Plays as Prices Stay Sky-High
- What Tesla Stands to Lose If It Walks Away From China
- Disney Sets Up for a Magical Year in 2027
Receive News & Ratings for Kinross Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kinross Gold and related companies with MarketBeat.com's FREE daily email newsletter.
