Kinross Gold Corporation (NYSE:KGC) Q2 2024 Earnings Conference Call August 1, 2024 8:00 AM ET Company Participants Chris Lichtenheldt - Vice President of Investor Relations Paul Rollinson - Chief Executive Officer Andrea Freeborough - Executive Vice President & Chief Financial Officer Claude Schimper - Executive Vice President & Chief Operating Officer William Dunford - Senior Vice President, Technical Services Geoff Gold - President Conference Call Participants Joshua Wolfson - RBC Capital Markets Lawson ...

Kinross Gold Corporation (KGC) reported a profit from continuing operations of $210.9 million or 17 cents per share in second-quarter 2024. The figure registered an increase from a profit of $151 million or 12 cents per share recorded in the year-ago quarter.KGC reported adjusted earnings of 14 cents per share compared with the prior-year quarter’s figure of 14 cents. The bottom line beat the Zacks Consensus Estimate of 13 cents.  Revenues rose nearly 12% year over year to $1,219.5 million in the second qua ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 1:Telefónica, S.A. (TEF) : This telecommunications services provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% the last 60 days.This Zacks Rank #1 company has a dividend yield of 5%, compared with the industry average of 0.4%.Kinross Gold Corporation (KGC) : This gold exploration and development company has witnessed the Zacks Consensus Estimate for its ...

Group 1 - Telefónica, S.A. (TEF) has a Zacks Rank 1 and a 6.1% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [1] - Telefónica's price-to-earnings ratio (P/E) is 13.22, lower than the industry average of 17.70, and it has a Value Score of A [1] - Kinross Gold Corporation (KGC) also holds a Zacks Rank 1 with an 11.8% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [1] - Kinross Gold's P/E ratio is 15.39, compared to 22.01 for the S&P, and it possesses a Value Score of A [1] Group 2 - QCR Holdings, Inc. (QCRH) has a Zacks Rank 1 and a 7.1% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [2] - QCR Holdings has a P/E ratio of 12.46, slightly lower than the industry average of 12.60, and it has a Value Score of B [2]

The average realized gold price in Q2 2024 was $2,342 per ounce, compared with $1,976 per ounce in Q2 2023.Michael McCraeMichael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.ShareDisclaimer ...

Kinross Gold (KGC) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.69%. A quarter ago, it was expected that this gold mining company would post earnings of $0.06 per share when it actually produced earnings of $0.10, delivering a surprise of 66.67%.Over the last four quarters, the c ...

Robust margins and significant free cash flow enable $200 million debt repaymentPositive progress at all growth projects including first gold produced from Manh ChohHigh-grade exploration results at Great Bear, Round Mountain and Curlew TORONTO, July 31, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K, NYSE:KGC) ("Kinross" or the "Company") today announced its results for the second quarter ended June 30, 2024. This news release contains forward-looking information about expected future events and ...

Robust margins and significant free cash flow enable $200 million debt repaymentPositive progress at all growth projects including first gold produced from Manh ChohHigh-grade exploration results at Great Bear, Round Mountain and Curlew TORONTO, July 31, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross” or the “Company”) today announced its results for the second quarter ended June 30, 2024. This news release contains forward-looking information about expected future events an ...

Group 1 - The Board of Directors of Kinross Gold Corporation has declared a dividend of US$0.03 per common share for Q2 2024 [1] - The dividend is payable on September 6, 2024, to shareholders of record as of August 22, 2024 [1] - The declared dividend qualifies as an "eligible dividend" for Canadian income tax purposes, while non-resident investors will be subject to Canadian non-resident withholding taxes [1] Group 2 - Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada [2] - The company focuses on delivering value through responsible mining, operational excellence, disciplined growth, and balance sheet strength [2] - Kinross is listed on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC) [2]

Investors looking for stocks in the Mining - Gold sector might want to consider either Kinross Gold (KGC) or Alamos Gold (AGI) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our Style Scores hi ...