Kinross(KGC)

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Kinross Gold's (KGC) Q2 Earnings and Sales Surpass Estimates
ZACKS· 2024-08-01 16:55
Kinross Gold Corporation (KGC) reported a profit from continuing operations of $210.9 million or 17 cents per share in second-quarter 2024. The figure registered an increase from a profit of $151 million or 12 cents per share recorded in the year-ago quarter.KGC reported adjusted earnings of 14 cents per share compared with the prior-year quarter’s figure of 14 cents. The bottom line beat the Zacks Consensus Estimate of 13 cents. Revenues rose nearly 12% year over year to $1,219.5 million in the second qua ...
Best Income Stocks to Buy for August 1st
ZACKS· 2024-08-01 09:46
Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 1:Telefónica, S.A. (TEF) : This telecommunications services provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% the last 60 days.This Zacks Rank #1 company has a dividend yield of 5%, compared with the industry average of 0.4%.Kinross Gold Corporation (KGC) : This gold exploration and development company has witnessed the Zacks Consensus Estimate for its ...
Best Value Stocks to Buy for August 1st
ZACKS· 2024-08-01 09:30
Here are three stocks with buy rank and strong value characteristics for investors to consider today, August 1:Telefónica, S.A. (TEF) : This telecommunications services provider carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% over the last 60 days.Telefónica has a price-to-earnings ratio (P/E) of 13.22 compared with 17.70 for the industry. The company possesses a Value Scoreof A.Kinross Gold Corporation (KGC) : This gold exploration and d ...
Kinross's earnings jump 40% in Q2
KITCO· 2024-08-01 01:31
The average realized gold price in Q2 2024 was $2,342 per ounce, compared with $1,976 per ounce in Q2 2023.Michael McCraeMichael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.ShareDisclaimer ...
Kinross Gold (KGC) Q2 Earnings and Revenues Beat Estimates
ZACKS· 2024-07-31 23:30
Kinross Gold (KGC) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.69%. A quarter ago, it was expected that this gold mining company would post earnings of $0.06 per share when it actually produced earnings of $0.10, delivering a surprise of 66.67%.Over the last four quarters, the c ...
Kinross reports strong 2024 second-quarter results
Newsfilter· 2024-07-31 21:00
Robust margins and significant free cash flow enable $200 million debt repaymentPositive progress at all growth projects including first gold produced from Manh ChohHigh-grade exploration results at Great Bear, Round Mountain and Curlew TORONTO, July 31, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K, NYSE:KGC) ("Kinross" or the "Company") today announced its results for the second quarter ended June 30, 2024. This news release contains forward-looking information about expected future events and ...
Kinross declares quarterly dividend
GlobeNewswire News Room· 2024-07-31 21:00
TORONTO, July 31, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K; NYSE: KGC) (the “Company”) today announced that the Company’s Board of Directors has declared a dividend of US$0.03 per common share for the second quarter of 2024. The dividend is payable on September 6, 2024, to shareholders of record as of the close of business on August 22, 2024. This dividend qualifies as an “eligible dividend” for Canadian income tax purposes while dividends paid to shareholders outside Canada (non-resident i ...
Kinross reports strong 2024 second-quarter results
GlobeNewswire News Room· 2024-07-31 21:00
Robust margins and significant free cash flow enable $200 million debt repaymentPositive progress at all growth projects including first gold produced from Manh ChohHigh-grade exploration results at Great Bear, Round Mountain and Curlew TORONTO, July 31, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross” or the “Company”) today announced its results for the second quarter ended June 30, 2024. This news release contains forward-looking information about expected future events an ...
KGC vs. AGI: Which Stock Is the Better Value Option?
ZACKS· 2024-07-22 16:46
Investors looking for stocks in the Mining - Gold sector might want to consider either Kinross Gold (KGC) or Alamos Gold (AGI) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores hi ...
Should Value Investors Buy Kinross Gold (KGC) Stock?
ZACKS· 2024-07-18 14:46
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional val ...