Kinross Gold (TSE:K) Issues Earnings Results

Kinross Gold (TSE:K) (NYSE:KGC) issued its quarterly earnings data on Wednesday. The company reported C$0.71 earnings per share for the quarter, FiscalAI reports. The business had revenue of C$2.53 billion during the quarter. Kinross Gold had a net margin of 37.64% and a return on equity of 34.13%.

Kinross Gold Price Performance

Shares of TSE K opened at C$30.16 on Friday. The stock has a market cap of C$36.01 billion, a P/E ratio of 11.47, a P/E/G ratio of -0.60 and a beta of 1.75. Kinross Gold has a twelve month low of C$29.63 and a twelve month high of C$53.57. The stock has a 50 day moving average of C$37.36 and a two-hundred day moving average of C$40.08. The company has a current ratio of 2.87, a quick ratio of 1.11 and a debt-to-equity ratio of 7.56.

Key Headlines Impacting Kinross Gold

Here are the key news stories impacting Kinross Gold this week:

• Positive Sentiment: Strong quarterly earnings and cash generation: Kinross reported third-quarter net earnings of $583.2 million, while quarterly results included C$0.71 in EPS and approximately C$2.53 billion in revenue. The earnings call also highlighted cash flow, supporting the company’s financial position. Kinross Gold Corporation Q3 2026 Earnings Call Summary Kinross Gold Corporation reports 2026 third-quarter reported net earnings
• Positive Sentiment: Dividend declared: Kinross declared a dividend on its common shares, payable December 3, providing continued shareholder income and a potential support for investor sentiment. Kinross Gold declares dividend
• Neutral Sentiment: Production update: The company reported production guidance for the third quarter and first nine months of 2026, giving investors updated operating expectations but offering limited evidence by itself of a material change in the outlook. Kinross Gold production guidance
• Negative Sentiment: Sales declined year over year: Despite strong reported earnings, the third-quarter sales decline raises concerns about production volumes, realized prices or the sustainability of recent financial performance. Kinross Gold Q3 sales decline
• Negative Sentiment: Fatal workplace incidents: Two workers died following separate Kinross-related accidents. The incidents could lead to operational disruption, regulatory scrutiny, safety costs and reputational damage. Two workers die after Kinross Gold accidents
• Negative Sentiment: Project risk remains a concern: Coverage of the third-quarter results emphasized project risk, which may temper the market’s response to the company’s cash flow and earnings performance. Kinross Gold Q3 results highlight cash flow and project risk

Insider Transactions at Kinross Gold

In related news, insider Laurence Davies sold 1,335 shares of the company’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of C$38.48, for a total value of C$51,370.80. Following the completion of the sale, the insider owned 11,855 shares in the company, valued at C$456,180.40. This represents a 10.12% decrease in their position. Also, insider Daniel Fombonne sold 2,003 shares of the stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of C$38.48, for a total transaction of C$77,075.44. Following the sale, the insider owned 16,155 shares of the company’s stock, valued at approximately C$621,644.40. This represents a 11.03% decrease in their position. Over the last ninety days, insiders have sold 33,338 shares of company stock worth $1,351,546. Insiders own 0.26% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently commented on K shares. Desjardins dropped their target price on shares of Kinross Gold from C$58.00 to C$53.00 and set a “buy” rating on the stock in a research report on Thursday, September 24th. National Bank Financial cut their price target on shares of Kinross Gold from C$45.00 to C$42.50 and set an “outperform” rating on the stock in a research note on Tuesday, October 20th. ATB Cormark Capital Markets raised shares of Kinross Gold from a “hold” rating to a “moderate buy” rating and boosted their price target for the company from C$41.00 to C$45.00 in a research report on Friday, July 31st. BMO Capital Markets decreased their price objective on shares of Kinross Gold from C$49.00 to C$48.00 and set an “outperform” rating for the company in a research note on Thursday, September 24th. Finally, Jefferies Financial Group decreased their price objective on shares of Kinross Gold from C$41.00 to C$38.00 in a research note on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of C$48.58.

Kinross Gold Company Profile

Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. Our focus is on delivering value based on the core principles of responsible mining, operational excellence, disciplined growth, and balance sheet strength. Kinross maintains listings on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC).