Kinross Gold Co. (TSE:K – Get Rating) (NYSE:KGC) – Investment analysts at Zacks Research boosted their Q1 2025 EPS estimates for shares of Kinross Gold in a research report issued to clients and investors on Tuesday, May 23rd. Zacks Research analyst A. Barman now anticipates that the company will post earnings of $0.11 per share for the quarter, up from their prior forecast of $0.09. The consensus estimate for Kinross Gold’s current full-year earnings is $0.44 per share.
Several other research firms also recently commented on K. Cormark dropped their price objective on shares of Kinross Gold from C$6.75 to C$6.00 in a report on Friday, February 17th. National Bankshares upped their price objective on shares of Kinross Gold from C$9.75 to C$10.00 and gave the company an “outperform” rating in a report on Wednesday, May 17th.
Kinross Gold Stock Down 4.1 %
Kinross Gold Cuts Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 15th. Stockholders of record on Thursday, June 1st will be given a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date of this dividend is Wednesday, May 31st. Kinross Gold’s dividend payout ratio (DPR) is 400.00%.
About Kinross Gold
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, the Russian Federation, Brazil, Chile, Ghana, and Mauritania. It is also involved in the extraction and processing of gold-containing ores; reclamation of gold mining properties; and production and sale of silver.
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