Kinross Gold Co. (TSE:K - Free Report) NYSE: KGC - Scotiabank reduced their FY2026 earnings per share estimates for Kinross Gold in a research note issued on Wednesday, March 19th. Scotiabank analyst T. Jakusconek now expects that the company will post earnings of $0.83 per share for the year, down from their prior estimate of $0.92. The consensus estimate for Kinross Gold's current full-year earnings is $1.01 per share.
Other analysts have also recently issued research reports about the company. National Bankshares boosted their price target on Kinross Gold from C$20.00 to C$22.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 11th. Stifel Canada upgraded Kinross Gold to a "strong-buy" rating in a research note on Wednesday, March 19th. Five equities research analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of C$17.10.
Check Out Our Latest Analysis on Kinross Gold
K opened at C$17.46 on Monday. The stock has a market cap of C$15.18 billion, a price-to-earnings ratio of 20.55, a PEG ratio of -0.60 and a beta of 1.24. Kinross Gold has a 1 year low of C$7.66 and a 1 year high of C$17.76. The company has a current ratio of 1.61, a quick ratio of 1.11 and a debt-to-equity ratio of 18.81. The stock has a fifty day moving average price of C$16.09 and a 200 day moving average price of C$14.47.
The business also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Stockholders of record on Wednesday, March 5th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.69%. Kinross Gold's payout ratio is presently 18.84%.
In related news, Senior Officer Laurence Davies sold 10,000 shares of the firm's stock in a transaction on Friday, March 14th. The stock was sold at an average price of C$16.58, for a total transaction of C$165,800.00. Also, Senior Officer Geoffrey Peters Gold sold 99,347 shares of the firm's stock in a transaction on Friday, February 28th. The shares were sold at an average price of C$15.22, for a total value of C$1,512,061.34. In the last ninety days, insiders sold 344,670 shares of company stock valued at $5,276,336. Corporate insiders own 0.26% of the company's stock.
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.
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