KGC Stock Recent News

Kinross Gold reported solid Q4 & FY2024 results with record free cash flow of ~$1.42 billion. Unfortunately, Tasiast's best years are behind it, contributing to lower 2025 production at higher costs and a dip in annual free cash flow. And while KGC has made progress smoothing its '25-'27 production outlook, it has its work cut out for it to return to 2.3MM GEOs to reverse per share production declines.

KGC produces 514,355 gold equivalent ounces in the fourth quarter, down 5.9% year over year.

Kinross Gold Corporation (NYSE:KGC ) Q4 2024 Earnings Conference Call February 13, 2025 8:00 AM ET Company Participants 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 David Shaver - Vice President of Investor Relations Conference Call Participants Mike Parkin - National Bank Anita Soni - CIBC Josh Wolfson - RBC Capital Markets Carey MacRury - Canaccord Genuity Lawson Winder - Bank of America Tanya Jakusconek - Scotiabank Operator Thank you for standing by. My name is Prilla [ph] and I will be your conference operator today.

Kinross Gold (KGC) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.11 per share a year ago.

Delivered on all key guidance metricsAchieved record free cash flow of more than $1.3 billion and repaid $800 million of debtStrong three-year outlook of 2.0 million Au eq. oz. per year

TORONTO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K; NYSE: KGC) (the “Company”) today announced that the Company's Board of Directors has declared a dividend of US$0.03 per common share for the fourth quarter of 2024.

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Not for dissemination in or into the United States or through U.S. newswires All dollars are Canadian unless otherwise noted VANCOUVER, BC / ACCESS Newswire / February 11, 2025 / Relevant Gold Corp. (TSXV:RGC)(OTCQB:RGCCF) (the "Company" or "Relevant Gold") is pleased to announce a non-brokered private placement to raise gross proceeds of up to $5,000,000 through the sale of up to 16,666,667 shares at the price of $0.30 per share led by two strategic investors. Kinross Gold Corporation ("Kinross") (NYSE:KGC)(TSX:K) has committed to increase its equity position in the Company to 19.9% of the issued and outstanding common shares with this financing.