Kinross Gold Corporation (KGC)

NYSE: KGC · IEX Real-Time Price · USD
6.13
+0.25 (4.25%)
Mar 28, 2024, 3:11 PM EDT - Market open
4.25%
Market Cap 7.23B
Revenue (ttm) 4.24B
Net Income (ttm) 416.30M
Shares Out 1.23B
EPS (ttm) 0.34
PE Ratio 17.88
Forward PE 22.62
Dividend $0.12 (1.96%)
Ex-Dividend Date Mar 5, 2024
Volume 13,702,516
Open 5.95
Previous Close 5.88
Day's Range 5.93 - 6.15
52-Week Range 4.32 - 6.34
Beta 1.13
Analysts Hold
Price Target 6.45 (+5.22%)
Earnings Date May 7, 2024

About KGC

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 ex... [Read more]

Industry Gold
Sector Materials
Founded 1993
Employees 6,400
Stock Exchange NYSE
Ticker Symbol KGC
Full Company Profile

Financial Performance

In 2023, Kinross Gold's revenue was $4.24 billion, an increase of 22.71% compared to the previous year's $3.46 billion. Earnings were $416.30 million, an increase of 1205.02%.

Financial Statements

Analyst Forecast

According to 3 analysts, the average rating for KGC stock is "Hold." The 12-month stock price forecast is $6.45, which is an increase of 5.22% from the latest price.

Price Target
$6.45
(5.22% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Riley Gold Executes US$20 Million Earn-In Agreement with Kinross Gold on its PWC Gold Project (Nevada)

Private Placement Announced Including Lead Order from Kinross Vancouver, British Columbia--(Newsfile Corp. - March 14, 2024) - Riley Gold Corp. (TSXV: RLYG) (OTCQB: RLYGF) ("Riley Gold" or the "Compan...

14 days ago - Newsfile Corp

Kinross declares quarterly dividend

TORONTO, Feb. 14, 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 commo...

6 weeks ago - GlobeNewsWire

Kinross reports 2023 fourth-quarter and full-year results

Delivers on 2023 guidance, strong 2024 outlook of 2.1 million Au eq. oz.Tasiast and La Coipa projects completed driving significant free cash flowGreat Bear exceeds expectations and adds more than one...

6 weeks ago - GlobeNewsWire

Dennis McHarness Former VP of Kinross Appointed to the Board of Directors

VANCOUVER, BC / ACCESSWIRE / February 14, 2024 / Four Nines Gold Inc. (CSE:FNAU) ("Four Nines" or the "Company") is pleased to announce it has appointed Mr. Dennis McHarness to the Four Nines' Board o...

6 weeks ago - Accesswire

Kinross to announce 2023 Q4/full-year results and 2024 guidance on February 14, 2024

TORONTO, Jan. 15, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (the “Company”) will release its 2023 fourth-quarter and full-year financial statements and operating results on W...

2 months ago - GlobeNewsWire

Kinross reports strong 2023 third-quarter results

Company on track to meet annual guidanceTasiast achieves record quarterly production and delivers strong free cash flowPhase S supports production at Round Mountain through end of decade

5 months ago - GlobeNewsWire

Kinross to announce Q3 results on November 8, 2023

TORONTO, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) will release its financial statements and operating results for the third quarter of 2023 on Wednesday, November 8...

6 months ago - GlobeNewsWire

Kinross announces routine renewal of NCIB

(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.) TORONTO, Aug. 04, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (“Kinross” or the “Company”) (TSX: K, NYSE: KGC) is plea...

8 months ago - GlobeNewsWire

Kinross reports strong 2023 second-quarter results

Increased production at Tasiast, Paracatu, and La Coipa drives robust free cash flowTasiast 24k construction and initial commissioning complete leading to record quarterly production

8 months ago - GlobeNewsWire

Kinross to redeem $500 million in Senior Notes on August 10, 2023

(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.) TORONTO, July 11, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross”) announced today it will re...

9 months ago - GlobeNewsWire

Kinross to announce Q2 results on August 2, 2023

TORONTO, July 10, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) will release its financial statements and operating results for the second quarter of 2023 on Wednesday, August 2,...

9 months ago - GlobeNewsWire

Kinross completes US$500 million unsecured 10-year notes offering to refinance its outstanding notes due 2024

TORONTO, July 05, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that it has closed its previously announced offering of debt securities, consisting of US$500 mi...

9 months ago - GlobeNewsWire

Kinross announces US$500 million unsecured 10-year notes offering to refinance its outstanding notes due 2024

TORONTO, June 26, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that it has priced an offering of debt securities consisting of US$500 million aggregate princip...

9 months ago - GlobeNewsWire

Kinross announces Annual Shareholder Meeting voting results

TORONTO, May 11, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K, NYSE: KGC) has announced the detailed voting results of the election of its Board of Directors, which took place at the Comp...

11 months ago - GlobeNewsWire

Kinross reports 2023 first-quarter results

All sites on plan, Company on track to meet annual production and cost guidance Tasiast, Paracatu and La Coipa deliver strong production, margins and cash flow All sites on plan, Company on track to m...

11 months ago - GlobeNewsWire

Kinross releases 2022 Sustainability and ESG Report

Details strong ESG performance, including a US$2.9 billion benefit footprint in host countries Details strong ESG performance, including a US$2.9 billion benefit footprint in host countries

11 months ago - GlobeNewsWire

Kinross to announce Q1 results on May 9, 2023

Company to hold virtual Annual Meeting of Shareholders Meeting materials are now available

1 year ago - GlobeNewsWire

Kinross reports 2022 fourth-quarter and full-year results

Portfolio had highest production and lowest costs in Q4Maintains strong expected production of 2.0 million ounces or above in 2023, 2024 and 2025Returned $455 million to shareholders in 2022

1 year ago - GlobeNewsWire

Kinross announces robust initial mineral resource of 2.7 Moz. indicated and 2.3 Moz.

TORONTO, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross” or the “Company”) is pleased to announce an initial mineral resource estimate for its 100% owned Grea...

1 year ago - GlobeNewsWire

Kinross to provide update on Great Bear project

TORONTO, Feb. 09, 2023 (GLOBE NEWSWIRE) -- On Monday February 13, 2023, Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross”) will release its initial resource statement (together with a NI 43-101 Te...

1 year ago - GlobeNewsWire

These Gold Stocks Rally To New 6-Month Highs

Many gold mining stocks are trading higher lately as the underlying commodity itself continues upward and onward.

Other symbols: GLDHLWPM
1 year ago - Forbes

Kinross announces ownership of shares of Allegiant Gold

(All dollar amounts are expressed in Canadian dollars, unless otherwise noted.)

1 year ago - GlobeNewsWire

Kinross to announce 2022 Q4/full-year results and 2023 guidance on February 15, 2023

Company also provides 2023 quarterly reporting dates Company also provides 2023 quarterly reporting dates

1 year ago - GlobeNewsWire

Vox To Acquire Canadian Royalty Portfolio From First Quantum Minerals

TORONTO, ON / ACCESSWIRE / November 10, 2022 / Vox Royalty Corp. (TSXV:VOX) (NASDAQ:VOXR) ("Vox" or the "Company"), a returns-focused mining royalty company, is pleased to announce that it has execute...

Other symbols: VOXR
1 year ago - Accesswire

Kinross Declares Quarterly Dividend

TORONTO, Nov. 09, 2022 (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 commo...

1 year ago - GlobeNewsWire