KGC's Low Leverage Edge: Is Bigger Shareholder Value Awaiting?
Key Takeaways Kinross Gold improved net debt position to $100 million in Q2 from $540 million in Q1.Free cash flow jumped 87% year over year in Q2 on strong gold prices and operations.KGC shares have risen 108.5% YTD, outpacing the industry's 72.2% gain.Kinross Gold Corporation (KGC) remains committed to improving its leverage profile, thanks to strong free cash flow generation. It repaid $800 million of debt during 2024 and the remaining $200 million of its term loan in the first quarter of 2025. Moreover, ...