Before this acquisition, KGC had no ownership or control over any securities of Eminent.
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Kinross produced ~512,000 gold-equivalent ounces in Q1-25, a 3% decline year-over-year at $1,355/oz AISC. However, while AISC came in far better than some of its peers, costs should rise sharply vs. Q1-25, affected by catch up on sustaining capex and declining output at Tasiast. In this update, we'll dig into the Q1-25 results, recent developments, and if the stock is offering an adequate margin of safety at current levels.
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Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
While KGC's production falls year over year in the first quarter, it benefits from higher average realized gold prices.
Kinross Gold (KGC) came out with quarterly earnings of $0.30 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.10 per share a year ago.
KGC is likely to have benefited from higher average realized gold prices in the quarter to be reported.
Kinross Gold (KGC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.