Profile
Sector:
Basic MaterialsIndustry:
GoldCountry:
CanadaIPO:
17 March 1981Website:
http://www.kinross.comNext earnings report:
14 February 2025Last dividends:
22 August 2024Next dividends:
27 November 2024Price
after hours | Thu, 21 Nov 2024 00:53:54 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
KGC Latest News
CALGARY, AB / ACCESSWIRE / November 19, 2024 / Kestrel Gold Inc. ("Kestrel" or the "Corporation")(TSXV:KGC) is pleased to provide an update on work completed by Centerra Gold Inc. ("Centerra")(TSX:CG) on the QCM gold property ("QCM") located in the Manson-Germanson area of central British Columbia. Centerra is currently in the process of earning a 75% interest in QCM by making cash payments totaling $900,000 and completing $6,500,000 in exploration work, which must include a minimum of 13,500 metres of drilling, by May 7th, 2029.
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The upside of KGC's Q3 revenues is attributable to an increase in average realized gold prices.
PBI, KGC and MRX made it to the Zacks Rank #1 (Strong Buy) value stocks list on November 11, 2024.
PBI, KGC and WWW made it to the Zacks Rank #1 (Strong Buy) income stocks list on November 11, 2024.
Kinross reported a solid Q3-24 with record free cash flow, despite lower production at three of its highest-margin operations. Meanwhile, AISC margins soared 1,270 basis points year-over-year to 45.5%, benefiting from high-grade feed from its new 70% owned Manh Choh Mine. However, while 2024 has been a banner year, it's quite possible Kinross could see lower free cash flow looking ahead to 2025 with a dip in production at higher costs.
Kinross Gold Corporation (KGC) Q3 2024 Earnings Call Transcript
Kinross Gold (KGC) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.12 per share a year ago.
Significant margin growth and record free cash flow, $350 million debt repaymentFirst gold from Manh Choh, strong PEA results at Great BearOn track to meet annual guidance
The impact of higher gold prices is expected to reflect on KGC's results in the third quarter.
What type of business is Kinross Gold?
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver. Kinross Gold Corporation was founded in 1993 and is headquartered in Toronto, Canada.
What sector is Kinross Gold in?
Kinross Gold is in the Basic Materials sector
What industry is Kinross Gold in?
Kinross Gold is in the Gold industry
What country is Kinross Gold from?
Kinross Gold is headquartered in Canada
When did Kinross Gold go public?
Kinross Gold initial public offering (IPO) was on 17 March 1981
What is Kinross Gold website?
https://www.kinross.com
Is Kinross Gold in the S&P 500?
No, Kinross Gold is not included in the S&P 500 index
Is Kinross Gold in the NASDAQ 100?
No, Kinross Gold is not included in the NASDAQ 100 index
Is Kinross Gold in the Dow Jones?
No, Kinross Gold is not included in the Dow Jones index
When was Kinross Gold the previous earnings report?
No data
When does Kinross Gold earnings report?
The next expected earnings date for Kinross Gold is 14 February 2025