National Bank Financial Predicts Kinross Gold Q4 Earnings

Kinross Gold Co. (TSE:K) (NYSE:KGC) – Analysts at National Bank Financial issued their Q4 2024 earnings per share estimates for shares of Kinross Gold in a research note issued on Monday, February 10th. National Bank Financial analyst M. Parkin anticipates that the company will earn $0.36 per share for the quarter. The consensus estimate for Kinross Gold’s current full-year earnings is $1.01 per share.

K has been the topic of a number of other research reports. Stifel Nicolaus boosted their target price on shares of Kinross Gold from C$14.50 to C$18.00 in a report on Monday, October 21st. National Bankshares raised their target price on shares of Kinross Gold from C$20.00 to C$22.00 and gave the company an “outperform” rating in a research note on Tuesday. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of C$17.10.

Kinross Gold Price Performance

Shares of K stock opened at C$17.23 on Wednesday. The business’s fifty day moving average is C$14.78 and its 200 day moving average is C$13.65. The company has a quick ratio of 1.11, a current ratio of 1.27 and a debt-to-equity ratio of 31.89. The stock has a market cap of C$21.19 billion, a price-to-earnings ratio of 31.91, a PEG ratio of -0.60 and a beta of 1.24. Kinross Gold has a twelve month low of C$6.46 and a twelve month high of C$17.63.

Insider Transactions at Kinross Gold

In other news, Senior Officer Claude J.S. Schimper sold 7,122 shares of the company’s stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of C$13.91, for a total transaction of C$99,067.02. Also, Director George Nickolas Paspalas acquired 5,000 shares of Kinross Gold stock in a transaction that occurred on Monday, December 16th. The stock was acquired at an average price of C$13.79 per share, with a total value of C$68,950.00. Insiders sold a total of 1,408,122 shares of company stock valued at $19,734,883 in the last quarter. 0.26% of the stock is owned by insiders.

Kinross Gold Company Profile

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.