Delivers strong ESG performance, including a $4.1 billion total benefit footprint through taxes, wages, procurement and community support All dollar amounts are expressed in U.S. dollars, unless otherwise noted. TORONTO, May 29, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K; NYSE: KGC) (“Kinross” or the “Company”) is pleased to announce the publication of its 2023 Sustainability Report (the “Report”), providing a fulsome summary of the Company’s progress over the past year in furthering its sust ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Scores?T ...

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1][5] Zacks Style Scores - The Zacks Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each assessing stocks based on different investment methodologies [2][3][4] - Value Score identifies attractive stocks using ratios like P/E and Price/Sales, focusing on undervalued stocks [2] - Growth Score evaluates a company's financial strength and future outlook based on projected earnings and cash flow [2] - Momentum Score capitalizes on price trends and earnings outlook changes, indicating favorable times to invest [3] - VGM Score combines all three Style Scores, providing a comprehensive indicator for stock selection [4] Zacks Rank and Style Scores Integration - The Zacks Rank utilizes earnings estimate revisions to help investors build successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [5] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [6] Company Spotlight: Kinross Gold (KGC) - Kinross Gold Corporation, a leading gold mining company, produced approximately 2.1 million gold equivalent ounces in 2023, with 71% of production from the Americas [7] - KGC holds a Zacks Rank of 3 (Hold) and a VGM Score of A, with a Momentum Style Score of A, reflecting a 26.1% increase in share price over the past four weeks [7][8] - Analysts have revised KGC's earnings estimate upwards, with the Zacks Consensus Estimate increasing by $0.16 to $0.49 per share, and the company has an average earnings surprise of 46% [7]

If you are a bargain hunter like me, you will always be on the lookout for stocks to buy at a lower price and make the most of their upside. While all under-$10 stocks may not be worth your money, a few stocks have the potential to hit double digits. But, they may be trading below $10 due to several macroeconomic factors. These stocks are solid buy-and-hold and could double your money if you have the patience. Once the economy improves and a rate cut materializes, you might not get an opportunity to buy the ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?The Zacks S ...

Core Viewpoint - Kinross Gold Corporation reported strong financial results for the first quarter of 2024, with significant increases in profit, revenue, and production compared to the previous year [1][2]. Financial Performance - Profit from continuing operations was $107 million or 9 cents per share, up from $90.2 million or 7 cents per share in the same quarter last year [1]. - Adjusted earnings were 10 cents per share, an increase from 7 cents in the prior-year quarter, surpassing the Zacks Consensus Estimate of 6 cents [1]. - Revenues rose 16% year over year to $1,081.5 million, exceeding the Zacks Consensus Estimate of $876.9 million [1]. Operational Performance - The company produced 527,399 gold equivalent ounces, a 13% increase year over year, surpassing the estimate of 458,590 ounces [2]. - Average realized gold prices were $2,070 per ounce, up 9% from the previous year, beating the estimate of $1,913 per ounce [2]. - Production cost of sales per gold equivalent ounce was $982, down 0.5% year over year and below the estimate of $990 [2]. - All-in-sustaining cost per gold equivalent ounce sold fell nearly 1% year over year to $1,310, also below the estimate of $1,356 [2]. - Margin per gold equivalent ounce sold increased to $1,088 from $907 in the prior-year quarter [2]. Financial Position - Cash and cash equivalents at the end of the quarter were $406.9 million, down approximately 19.6% year over year [3]. - Long-term debt decreased to $1,234 million, down about 43% year over year [3]. Outlook - For 2024, Kinross expects production to be around 2.1 million gold equivalent ounces (+/- 5%) [4]. - The company anticipates a production cost of sales of $1,020 per gold equivalent ounce (+/- 5%) and an all-in-sustaining cost of $1,360 (+/- 5%) for the year [4]. - Capital expenditures are projected at approximately $1,050 million (+/- 5%) for 2024 [4]. Price Performance - Kinross' shares have increased by 27.5% over the past year, contrasting with a 5.6% decline in the industry [5].

Kinross Gold Corporation (NYSE:KGC) Q1 2024 Earnings Conference Call May 8, 2024 8:00 AM ET Company Participants Chris Lichtenheldt - Vice President, Investor Relations Paul Rollinson - Chief Executive Officer Andrea Freeborough - Executive Vice President and Chief Financial Officer Claude Schimper - Executive Vice President and Chief Operating Officer William Dunford - Senior Vice-President, Technical Services Conference Call Participants Mike Parkin - National Bank Josh Wolfson - RBC Capital Markets Anita ...

First Quarter 2024 Results May 8th, 2024 Delivering Value. Conference Call Participants ...

Kinross Gold (KGC) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 66.67%. A quarter ago, it was expected that this gold mining company would post earnings of $0.09 per share when it actually produced earnings of $0.11, delivering a surprise of 22.22%.Over the last four quarters, the ...

Exhibit 99.1 KINROSS GOLD CORPORATION MANAGEMENT'S DISCUSSION AND ANALYSIS For the three months ended March 31, 2024 This management's discussion and analysis ("MD&A"), prepared as of May 7, 2024, relates to the financial condition and results of operations of Kinross Gold Corporation together with its wholly owned subsidiaries, as at March 31, 2024 and for the three months then ended, and is intended to supplement and complement Kinross Gold Corporation's unaudited interim condensed consolidated financial ...