Zacks Research Increases Earnings Estimates for Kinross Gold

Kinross Gold Co. (TSE:KFree Report) (NYSE:KGC) – Zacks Research boosted their FY2025 earnings per share estimates for Kinross Gold in a research report issued on Monday, November 24th. Zacks Research analyst Team now forecasts that the company will post earnings per share of $2.34 for the year, up from their prior estimate of $1.63. The consensus estimate for Kinross Gold’s current full-year earnings is $1.01 per share. Zacks Research also issued estimates for Kinross Gold’s Q4 2025 earnings at $0.68 EPS, Q1 2026 earnings at $0.72 EPS, Q2 2026 earnings at $0.64 EPS, Q3 2026 earnings at $0.68 EPS, Q4 2026 earnings at $0.57 EPS, FY2026 earnings at $2.61 EPS, Q1 2027 earnings at $0.71 EPS, Q2 2027 earnings at $0.68 EPS, Q3 2027 earnings at $0.68 EPS and FY2027 earnings at $2.55 EPS.

Kinross Gold (TSE:KGet Free Report) (NYSE:KGC) last released its quarterly earnings data on Tuesday, November 4th. The company reported C$0.44 earnings per share for the quarter. The firm had revenue of C$2.51 billion for the quarter. Kinross Gold had a net margin of 15.23% and a return on equity of 11.72%.

Several other equities analysts have also recently weighed in on the company. Canaccord Genuity Group raised their price objective on Kinross Gold from C$29.50 to C$37.00 in a research note on Thursday, October 2nd. UBS Group upgraded shares of Kinross Gold to a “strong-buy” rating in a research note on Monday, August 4th. National Bankshares upped their target price on Kinross Gold from C$27.00 to C$28.00 and gave the company an “outperform” rating in a report on Friday, August 1st. Finally, Cormark cut Kinross Gold from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, October 29th. Four investment analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of C$29.83.

Read Our Latest Research Report on K

Kinross Gold Price Performance

K stock opened at C$38.54 on Thursday. The company has a market capitalization of C$46.52 billion, a P/E ratio of 26.95, a price-to-earnings-growth ratio of -0.60 and a beta of 1.21. Kinross Gold has a 52-week low of C$12.97 and a 52-week high of C$39.09. The business has a 50-day simple moving average of C$34.42 and a two-hundred day simple moving average of C$27.34. The company has a debt-to-equity ratio of 18.81, a quick ratio of 1.11 and a current ratio of 1.61.

About Kinross Gold

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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.

See Also

Earnings History and Estimates for Kinross Gold (TSE:K)

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