Kinross Gold (NYSE:KGC) Azioni

Kinross Gold

Kinross Gold is a Canada-based gold producer, producing roughly 2.1 million gold equivalent ounces in 2024. The company had about a decade of gold reserves at the end of 2024. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. The company has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada. If developed as we think likely, it could produce an average of more than 500,000 ounces of gold per year for at least a decade, with its unit cash costs likely in the first quartile of the industry cost curve.

Gold.goldbar.goldnugget.shutterstock

News

Commodities

Movers

Trading Ideas

Market Vectors ETF Trust Market Vectors Gold Miners

GDXJ

GOLD

L&#39;oro supera i 3.000 dollari mentre la criptovaluta arranca: quale asset si conferma porto sicuro in tempi di incertezza economica?

Oro vs Bitcoin: chi sta vincendo la battaglia come miglior bene di rifugio?

Long Ideas

Specialty ETFs

Markets

ETFs

Le politiche tariffarie creano incertezze e pressioni inflazionistiche, portando gli investitori a puntare su oro, azioni ed ETF.

ETF e azioni: ecco come approfittare dal rally dell&#39;oro e dove investire

Kinross Gold Corp

WIIM

CGAU

PAAS

RGLD

USAU

Shares of precious metals stocks are trading lower as gold prices fall after reports allege that Iran wants to de-escalate hostilities with Israel. Investor optimism about potential resolutions to regional tensions may drive a rotation out of safe-haven assets.

Shares of precious metals stocks are trading higher as gold prices rise following Israel's strikes on Iran, which have lifted safe-haven assets.

Kinross Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) has outperformed the market over the past 10 years by 9.29% on an annualized basis producing an average annual return of 20.38%. Currently, Kinross Gold has a market capitalization of $18.95 billion. 
Buying $1000 In KGC: If an investor had bought $1000 of KGC stock 10 years ago, it would be worth $6,720.78 today based on a price of $15.45 for KGC at the time of writing.
<h3>Kinross Gold's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1749758446_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $1000 Invested In Kinross Gold 10 Years Ago Would Be Worth Today

Kinross Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) has outperformed the market over the past 5 years by 6.97% on an annualized basis producing an average annual return of 19.99%. Currently, Kinross Gold has a market capitalization of $19.10 billion. 
Buying $100 In KGC: If an investor had bought $100 of KGC stock 5 years ago, it would be worth $249.52 today based on a price of $15.57 for KGC at the time of writing.
<h3>Kinross Gold's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1748989813_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Here's How Much $100 Invested In Kinross Gold 5 Years Ago Would Be Worth Today

SSRM

Shares of precious metals stocks are trading higher as gold and silver prices rise amid dollar weakness.

Shares of precious metals stocks are trading higher as gold and silver prices rise following President Trump's EU tariff threat, which has caused macro uncertainty and weakness in the US dollar.

Kinross Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) has outperformed the market over the past 10 years by 9.62% on an annualized basis producing an average annual return of 20.33%. Currently, Kinross Gold has a market capitalization of $17.98 billion. 
Buying $1000 In KGC: If an investor had bought $1000 of KGC stock 10 years ago, it would be worth $6,365.22 today based on a price of $14.66 for KGC at the time of writing.
<h3>Kinross Gold's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1747860317_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Last week, gold and silver prices dropped after the U.S. and China agreed to temporarily reduce most tariffs on each other&#8217;s goods. This could be driving a <a target="_blank" href="https://www.benzinga.com//node/45429569" rel="noreferrer noopener">rotation out of safe-haven assets</a>.
Most gold mining stocks were among the top ten large-cap worst performers in the last week. Are they in your portfolio?
<ol class="wp-block-list">
<li>UnitedHealth Group Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNH#NYSE">UNH</a>) shares dipped 23.31%  in reaction to a media report on a possible investigation <a href="https://www.benzinga.com//node/45443695" target="_blank" rel="noreferrer noopener">for criminal Medicare fraud</a>.</li>
<li>Fiserv, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>) shares were down 9.46%.</li>
<li>Alamos Gold Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AGI#NYSE">AGI</a>) shares declined 9.43%.</li>
<li>Agnico Eagle Mines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEM#NYSE">AEM</a>) stock fell 9.27%.</li>
<li>AngloGold Ashanti PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>) stock dived 9.06%.</li>
<li>Kinross Gold Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) stock fell 8.96%.</li>
<li>Wheaton Precious Metals Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WPM#NYSE">WPM</a>) shares decreased 8.48%</li>
<li>Gold Fields Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GFI#NYSE">GFI</a>) shares were down 8.47%.</li>
<li>Barrick Mining Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/B#NYSE">B</a>) stock decreased 8.38%.</li>
<li>Royal Gold, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>) stock dived 7.20%.</li>
</ol>
Image Via Shutterstock

Equities

Large Cap

Gold Mining Stocks Were Among Top 10 Large-Cap Losers Last Week (May 12-May 16): Are These In Your Portfolio?

Despite the falling gold prices after the stock market rebound, the gold mining companies are poised for growth as this expert highlights &#8220;record levels of free cash flow&#8221; for these companies over the next two years.
What Happened: The Macro Strategist at Crescat Capital, Otavio Costa, has underscored the data for the two-year forward free cash flow estimate for gold mining companies, highlighting the possibility of strong fundamental growth.
According to a chart shared by him, the free cash flow estimates of these companies surpass the expectation of the gold price level by the Philadelphia Gold &amp; Silver Exchange by 2027.
&#8220;Despite the recent pullback in gold, mining companies remain positioned to deliver record levels of free cash flow in the current environment,&#8221; he said in an X post.
This comes as the Gold Spot US Dollar fell 1.02% to hover around $3,145.09 per ounce during the publication of this piece. It was much lower than its recent record high of $3,500.33 per ounce.
&#8220;I've always found it compelling when prices of an asset decline even as fundamentals improve,&#8221; said Costa, adding that &#8220;Investors are gradually beginning to grasp the magnitude of what's unfolding, but in my view, we've already entered the Golden Age of Mining.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I've always found it compelling when prices of an asset decline even as fundamentals improve. Despite the recent pullback in gold, mining companies remain positioned to deliver record levels of free cash flow in the current environment. Investors are gradually beginning to… <a href="https://t.co/F6RGYWu9vu">pic.twitter.com/F6RGYWu9vu</a>
&mdash; Otavio (Tavi) Costa (@TaviCosta) <a href="https://twitter.com/TaviCosta/status/1922836052143657281?ref_src=twsrc%5Etfw">May 15, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/general/market-summary/25/05/45399940/warren-buffett-shows-how-patience-pays-98-of-his-160-billion-wealth-came-after-turning-65-thanks-the-power-of-compound-interest">Warren Buffett Shows How Patience Pays: 98% Of His $160 Billion Wealth Came After Turning 65, Thanks The Power Of ‘Compound Interest'</a>
Why It Matters: Here&#8217;s a list of some gold mining stocks that investors could consider as experts peg a possibility of higher cash flows in the future.
<figure class="wp-block-table is-style-stripes"> 
<table class="has-fixed-layout">
<tbody>
<tr>
<td>Stocks</td>
<td>YTD Performance</td>
<td>One Year Performance</td>
</tr>
<tr>
<td>Harmony Gold Mining Company Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HMY#NYSE">HMY</a>)</td>
<td>66.75%</td>
<td>50.59%</td>
</tr>
<tr>
<td>Perpetua Resources Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PPTA#NASDAQ">PPTA</a>)</td>
<td>4.16%</td>
<td>104.44%</td>
</tr>
<tr>
<td>Eldorado Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EGO#NYSE">EGO</a>)</td>
<td>10.90%</td>
<td>16.00%</td>
</tr>
<tr>
<td>Sandstorm Gold Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAND#NYSE">SAND</a>)</td>
<td>40.98%</td>
<td>41.23%</td>
</tr>
<tr>
<td>Iamgold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IAG#NYSE">IAG</a>)</td>
<td>9.68%</td>
<td>36.61%</td>
</tr>
<tr>
<td>Skeena Resources Ltd. (TSE: SKE)</td>
<td>14.77%</td>
<td>120.11%</td>
</tr>
<tr>
<td>Kinross Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>)</td>
<td>36.54%</td>
<td>71.85%</td>
</tr>
<tr>
<td>Newmont Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>)</td>
<td>26.82%</td>
<td>12.66%</td>
</tr>
<tr>
<td>Royal Gold Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RGLD#NASDAQ">RGLD</a>)</td>
<td>23.11%</td>
<td>26.94%</td>
</tr>
<tr>
<td>Anglogold Ashanti PLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AU#NYSE">AU</a>)</td>
<td>63.80%</td>
<td>60.64%</td>
</tr>
</tbody>
</table>
</figure>
Price Action: The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, ended higher on Wednesday. The SPY was up 0.13% to $587.59, while the QQQ advanced 0.60% to $518.68, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/government/regulations/25/05/45403100/bullish-for-nvidia-tesla-palantir-microsoft-alphabet-amazon-ai-revolution-is-coming-to-the-saudi-kingdom-says-wedbushs-dan-ives">&#8216;Bullish For Nvidia, Tesla, Palantir, Microsoft, Alphabet, Amazon:&#8217; AI &#8216;Revolution Is Coming&#8217; To The Saudi Kingdom, Says Wedbush&#8217;s Dan Ives</a></li>
</ul>
Image Via Shutterstock

Analyst Color

Macro Notification

Market Summary

Broad U.S. Equity ETFs

Futures

Analyst Ratings

General

PPTA

SAND

Gold Miners Poised For Boom As Analyst Predicts 'Record Levels Of Free Cash Flow' Despite Price Dip: 'Golden Age Of Mining'

Shares of precious metals stocks are trading lower as gold and silver drop after the US and China agreed to a temporary reduction in most tariffs on each other's goods. This could be driving a rotation out of safe-haven assets.

Scotiabank analyst Tanya Jakusconek maintains Kinross Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) with a Sector Outperform and raises the price target from $16 to $17.

Price Target

Scotiabank Maintains Sector Outperform on Kinross Gold, Raises Price Target to $17

Kinross Gold shares are trading higher after the company reported better-than-expected Q1 financial results.

Kinross Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) reported quarterly earnings of $0.30 per share which beat the analyst consensus estimate of $0.23 by 30.43 percent. This is a 200 percent increase over earnings of $0.10 per share from the same period last year. The company reported quarterly sales of $1.50 billion which beat the analyst consensus estimate of $1.43 million by 105.02K percent. This is a 38.51 percent increase over sales of $1.08 billion the same period last year.

Earnings

Earnings Beats

Kinross Gold Q1 Adj. EPS $0.30 Beats $0.23 Estimate, Sales $1.50B Beat $1.43M Estimate

ACLS

AHCO

ALAB

ALGS

ALGT

AMTM

ANDE

ANET

ANGI

ARDT

ARIS

ARMK

ARQT

ARRY

ATKR

ATOM

ATRO

AUDC

AVNS

AVNT

AVNW

AZEK

BALL

BBNX

BCAB

BLDP

BRLT

BWIN

BWMN

CCCS

CCLD

CDRE

CELH

CGBD

CHMI

CHRD

CIFR

CIGI

CLDT

CLOV

COTY

CPAY

CPIX

CPNG

CRCT

CRIS

CRMD

CRSR

CRUS

CURI

CVGI

CXDO

CYTK

DASH

DAWN

DDOG

DOCN

DRCT

DRVN

DVAX

ENLT

EOSE

Embraer-Empresa Brasileira De Aeronautica

ESPR

EVGO

Earnings Scheduled For May 6, 2025

&nbsp;(All dollar amounts are expressed in Canadian dollars, unless otherwise noted.)
TORONTO, May 05, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation ("Kinross" or the "Company") (TSX:<a class="ticker" href="https://www.benzinga.com/stock/K#TSX">K</a>, NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) announced today that it has acquired an aggregate of 7,574,237 units (each, a "Unit") of Eminent Gold Corp. ("Eminent") at a price of $0.40 per Unit and an aggregate purchase price of $3,029,694.80 (the "Acquisition"), pursuant to the closing of a private placement by Eminent of 10,711,900 Units. Each Unit consisted of one common share in the capital of Eminent (each, a "Share") and one-half of one Share purchase warrant (each whole warrant being a "Warrant"). Each Warrant shall entitle the holder thereof to acquire one Share at an exercise price of $0.70 per Share for a period of 24 months from their issuance.
Prior to the Acquisition, Kinross did not own or have control over any securities of Eminent. As a result of the Acquisition, Kinross acquired an aggregate of 7,574,237 Shares and 3,787,118 Warrants, representing approximately 9.9% of the issued and outstanding Shares on a non-diluted basis and 14.15% of the issued and outstanding Shares on a partially diluted basis.

TSX:K

Kinross Gold Acquires 7.57M Units Of Eminent Gold For C$3.03M In Private Placement Deal, Gaining Shares And Warrants With 2-Year Option To Purchase Additional Stock At C$0.70 Per Share

Shares of precious metals stocks are trading lower amid a drop in the price of gold and silver.

Kinross Gold (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) has outperformed the market over the past 5 years by 2.13% on an annualized basis producing an average annual return of 16.3%. Currently, Kinross Gold has a market capitalization of $17.94 billion. 
Buying $100 In KGC: If an investor had bought $100 of KGC stock 5 years ago, it would be worth $213.08 today based on a price of $14.58 for KGC at the time of writing.
<h3>Kinross Gold's Performance Over Last 5 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1745936112_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

$100 Invested In This Stock 5 Years Ago Would Be Worth This Much Today

SBSW

Shares of gold stocks are trading lower as gold prices drop after President Trump said he has no intention of firing Fed Chair Powell and indicated the final tariff rate with China would be "substantially" lower than the current 145%. These comments could be reducing some macro uncertainty, which recently drove gold to record highs.

A powerful rally in gold miners is turning heads on Wall Street, with the industry, as broadly tracked by the VanEck Gold Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GDX#NYSE">GDX</a>), up 50% year-to-date through April 22, outperforming nearly every other asset <a href="https://www.benzinga.com/topic/gold">class around the world. </a>
Fueled by gold prices soaring above $3,300 per ounce and robust investor demand, the industry enters first-quarter earnings season with high expectations and bullish momentum.
This week, Newmont Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>) and Agnico Eagle Mines Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEM#NYSE">AEM</a>) will kick off first-quarter 2025 reporting, with analysts anticipating a wave of strong cash flow, operational updates and capital allocation plans.
<h3 class="wp-block-heading">What's Driving The Gold Boom?</h3>
According to VanEck portfolio manager Imaru Casanova, a &#8220;perfect storm&#8221; is lifting gold: sticky inflation, rising global debt, escalating geopolitical tensions and growing recession fears.
"Gold thrives amid uncertainty," she said during a VanEck-hosted webinar Tuesday, highlighting the sector&#8217;s leverage to bullion. Gold equities, she added, have delivered "significantly amplified returns" compared to the metal itself.
Casanova noted that gold equities have sharply outperformed bullion, highlighting that the leverage embedded in mining companies gives investors an amplified return profile when gold rises.
With miners' all-in sustaining costs around $1,400 to $1,500 per ounce, today's gold prices north of $3,300 are delivering record margins.
"If we're at $3,000 gold and the costs are $1,500, that's a $1,500 margin per ounce," Casanova said. "That's where the cash flow is."
She also highlighted the rising interest in capital return strategies, such as share buybacks and dividends. "The companies are in great shape. That makes us even more bullish—not just because of the gold price, but because of company fundamentals."
Gold prices are up 42% over the past year and 18% over the past quarter, averaging $2,862 per ounce in the first quarter of 2025. In April, gold has surged another 8.9%, now trading above $3,400.
Monthly gold ETF demand hit a three-year high in April, signaling a potential resurgence of institutional and retail interest.
The VanEck team outlined several structural supports behind the gold rally, including strong demand from central banks, tariff risk and policy uncertainty.
With gold in "uncharted territory," Casanova said, "we could enter a much higher range" that supports even more robust margins and cash flows for miners. 
<h3 class="wp-block-heading">Bullish Q1 Expectations From Wall Street</h3>
Bank of America raised target multiples and price objectives across its North American precious metals coverage this week in response to gold's strength. Analyst Lawson Winder now sees:
<ul>
<li>Newmont at $70 (from $60)</li>
<li>Agnico Eagle Mines at $159 (from $142)</li>
<li>Barrick Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOLD#NYSE">GOLD</a>) at $23 (from $19.50)</li>
<li>Kinross Gold Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KGC#NYSE">KGC</a>) at $17.50 (from $15.00)</li>
</ul>
BofA expects free cash flow across its coverage to total $2.2 billion for the first quarter and $16.2 billion for the full year 2025, assuming gold averages $3,063 per ounce.
With all-in sustaining costs estimated around $1,500 per ounce, the sector is capturing historically wide margins.
Read now: 
<ul>
<li><a href="https://www.benzinga.com/government/regulations/25/04/44903750/gold-price-soars-to-record-highs-eyes-best-2-month-rally-since-2011-on-blockbuster-etf-buying">Gold Price Soars To Record Highs, Eyes Best 2-Month Rally Since 2011 On Blockbuster ETF Buying</a></li>
</ul>
Photo: Shutterstock

Macro Economic Events

Sector ETFs

Econ #s

Economics

Gold Miners Surge 50% Year To Date As Record Bullion Prices Drive Optimism Ahead Of Earnings

Shares of gold stocks are trading lower. The commodity could be experiencing a mild reversal after a rally to all-time highs amid macro uncertainty.

Press Releases

Kinross reports temporary suspension of mill at Tasiast

Financing

Kinross announces ownership of shares of Eminent Gold Corp.

Kinross reports 2025 first-quarter results

Dividends

Kinross declares quarterly dividend

Small Cap

Opinion

Fresh Cash, Scalable Projects, and New Discoveries: What the Smart Money Is Watching in Gold

Kinross announces Annual Shareholder Meeting voting results

Citigroup Raises Price Target On Gold As Markets Remain Volatile

Kinross releases 2024 Sustainability Report

With Gold Recent Record Highs, New Canadian Producer on its way; ESGold Corp. (CSE: ESAU ) (OTCQB: ESAUF)

Gold's Price Surges As Israel Strikes Nuclear Sites In Iran

AAPL

CSE:ESAU

DPMLF

ESAUF

LVGLF

NFGC

TSX:ABX

TSX:BTO

TSX:DPM

TSX:NFG

TSX:SSRM

TSXV:LVG

TSXV:NFG

CIBC

Scotiabank

Raymond James

Jefferies

Screenshot 2025-03-20 at 6.07.18 PM

UAMY

Gold, Antimony And The New Push For American Resource Dominance

Comments

Kinross Gold

Notizie

PARTNER/COLLABORATORE

BENZINGA NEL MONDO