Alerts in the last 24 hours

No Personalised Alerts!

To see personalised alerts you need to be logged in.

Log In

Kinross Gold Corp Add to portfolio

TSP:K, May 20, 11:22 UTC

Latest TSP:K News

Filter your feed

Apply Filter

Monday, May 14


News

Zacks: Analysts Expect Kinross Gold (KGC) Will Post Quarterly Sales of $840.11 Million

K

Kinross Gold reported sales of $868.60 million during the same quarter last year, which would suggest a negative year-over-year growth rate of 3.3%. 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. On average, analysts expect that Kinross Gold will report full year sales of $3.41 billion for the current fiscal year, with estimates ranging from $3.29 billion to $3.52 billion. For the next fiscal year, analysts anticipate that the business will report sales of $3.37 billion per share, with estimates ranging from $3.18 billion to $3.80 billion. The mining company reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.05 by $0.05.

Read Full Details

Topics:
  • Business
  • Financial
News

Guru Analysis Of Kinross Gold Corporation (KGC)

K

Kinross Gold Corporation (NYSE:KGC) enjoyed a 7.47% run-up in share price since hitting record low of $3.48. The third largest holder is Renaissance Technologies Llc, which currently holds $156.5 million worth of this stock and that ownership represents nearly 3.42% of its market capitalization.Kinross Gold Corporation 13F Filings. At the end of 12/31/2017 reporting period, 104 institutional holders increased their position in Kinross Gold Corporation (NYSE:KGC) by some 74,280,925 shares, 116 decreased positions by 54,402,431 and 56 held positions by 550,320,528. The stock grabbed 24 new institutional investments totaling 16,312,232 shares while 32 institutional investors sold out their entire positions totaling 8,947,981 shares.Kinross Gold Corporation (KGC) Analyst Guide.

Read Full Details

Topics:
  • Business
  • Financial

Sunday, May 13


News

Kinross Gold (KGC) Shares Gap Up to $3.76 – Enterprise Leader

K

Shares of Kinross Gold (NYSE:KGC) (TSE:K) gapped up before the market opened on Friday . Kinross Gold shares last traded at $3.72, with a volume of 282964 shares traded. 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. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, four have given a buy rating and one has given a strong buy rating to the company.

Read Full Details

Topics:
  • Business
  • Financial

Thursday, May 10


News

What Led to Kinross Gold’s Impressive Cost Performance in 1Q18?

K

Compared to its closest peers, Kinross Gold (KGC) has been a high-cost gold producer. As a result, Kinross is highly leveraged to gold prices compared to its peers (GDX) Goldcorp (GG), Barrick Gold (ABX), and Newmont Mining (NEM). In this part of the series, we’ll see how Kinross is trying to improve its unit costs.

Read Full Details

Topics:
  • Business
  • Financial

Wednesday, May 09


News

Kinross announces Annual Shareholder Meeting voting results

K

TORONTO, May 09, 2018 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K) (KGC) has announced the detailed voting results of the election of its Board of Directors, which took place at the Company’s Annual and Special Meeting of Shareholders held in Toronto on May 9, 2018. The nominees listed in the Management Information Circular dated March 15, 2018 were elected as directors of Kinross at the meeting. Voting results on the other items of business at the Annual and Special Meeting of Shareholders are as follows:. Kinross is a Canadian-based senior gold mining company with mines and projects in the United States, Brazil, Russia, Mauritania, Chile and Ghana.

Read Full Details

Topics:
  • Business
  • Politics
  • Financial
News

Why Kinross Gold, Weibo, and Middleby Slumped Today

K

Market participants were generally happy about oil prices moving back into the $70s, hoping for a rebound in hard-hit areas of the country that had taken advantage of the triple-digit oil prices of the early 2010s by dramatically ramping up production of shale plays and similar opportunities. Yet even with the generally favorable mood, some stocks weren't able to join the rally. Kinross Gold (NYSE: KGC), Weibo (NASDAQ: WB), and Middleby (NASDAQ: MIDD) were among the worst performers on the day. At first glance, the news seemed good, with Kinross saying that revenue rose 13% from year-ago levels as the miner took advantage of higher sales volumes and better selling prices. Adjusted earnings quintupled from the first quarter of 2017. Yet investors weren't entirely pleased with Kinross Gold's falling production, which was down about 18,000 gold equivalent ounces to 654,000. Even so, the decline unfairly discounts the progress that Kinross has made in managing its expenses, with all-in sustaining costs falling more than $100 per ounce to $846. If the miner can address any production issues, then a rebound could come in short order.

Read Full Details

Topics:
  • Business
  • Financial
News

Here's Why Kinross Gold Corporation Is Slumping Today

K

Turns out, nearly all of the decrease could be explained away by a higher income tax burden. All other important financial metrics -- including all-in sustaining cost (AISC) per gold equivalent ounce, operating income, and operating cash flow -- improved in the year-over-year comparison. As of 1:01 p.m. EDT, the stock had settled to a 12.1% loss. Image source: Getty Images. So what. As with most major gold producers, Kinross Gold Corporation has seen output slide in recent years. The company was able to ramp up sales volumes to take advantage of higher average selling prices, while lower AISC will continue to allow each ounce of production to go further -- which is no minor detail, as management looks to offset the impact of falling production volumes. If expansion projects deliver as promised in the coming years and gold prices remain at healthy levels, the business should be in a position to create value for shareholders.

Read Full Details

Topics:
  • Business
  • Financial
News

What Led to Weaker Production for Kinross in 1Q18?

K

Kinross Gold (KGC) produced 654,000 gold equivalent ounces in 1Q18, a 2.7% fall YoY (year-over-year). KGC’s 1Q18 production fell YoY mainly for the following reasons: the completion of mining activities at Kettle River–Buckhorn during 2Q17 lower production at Kupol due to grade declines fewer ounces recovered from heap leach pads at Maricunga lower production at Fort Knox due to grade declines.

Read Full Details

Topics:
  • Business
  • Financial
News

Kinross Gold Reported a Solid Earnings Beat in 1Q18

K

Kinross Gold (KGC) released its 1Q18 results after the market closed on May 8. The company reported EPS (earnings per share) of $0.10, which was double the consensus estimate of $0.05. Its revenue of $897 million also came in above the market’s expectation of $833 million.

Read Full Details

Topics:
  • Business
  • Financial
Social Chatter