金罗斯(KGC)
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Does Kinross Gold's 65% YTD Rally Justify Buying the Stock Now?
ZACKS· 2024-11-21 05:00
Kinross Gold Corporation’s (KGC) shares have popped 65.3% year to date, outperforming the Zacks Mining – Gold industry’s gain of 19.9%. The bullishness appears to have been catalyzed by its better-than-expected earnings performance on the back of a rally in gold prices.KGC is currently trading at a roughly 7.6% discount to its 52-week high of $10.82, reached on Oct. 24, 2024, thanks to a surge in gold prices to new highs on U.S. election uncertainties and heightened geopolitical tensions. Technical indicato ...
Are Basic Materials Stocks Lagging Kinross Gold (KGC) This Year?
ZACKS· 2024-11-12 23:45
The Basic Materials group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Kinross Gold (KGC) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question.Kinross Gold is a member of the Basic Materials sector. This group includes 235 individual stocks and currently holds a Zacks Sector Rank of #12. The Zacks Secto ...
Kinross Gold's Q3 Earnings & Sales Outpace Estimates on Higher Prices
ZACKS· 2024-11-11 20:50
公司盈利情况 - 2024年第三季度利润为3.553亿美元或每股29美分相比去年同期1.097亿美元或每股9美分调整后每股收益为24美分相比去年同期12美分且高于Zacks共识预期的18美分[1] 公司营收情况 - 营收同比增长29.9%至14.32亿美元超过Zacks共识预期的11.867亿美元受益于较高的平均实现金价[2] 公司运营表现 - 本季度生产564106金衡盎司同比下降4%高于预期的528770金衡盎司平均实现金价为每盎司2477美元较去年同期上涨约28.4%高于预期的每盎司2244美元[3] - 每金衡盎司销售生产成本为976美元较去年同期上涨约7.1%低于预期的997美元全维持成本为每金衡盎司1350美元同比上涨约4.2%低于预期的1372美元每金衡盎司销售利润率为1501美元较上季度1018美元上涨47%[4] 公司财务回顾 - 2024年第三季度运营现金流为7.335亿美元去年同期为4.068亿美元自由现金流为4.146亿美元去年同期为1.377亿美元[5] 公司展望 - 有望实现2024年210万金衡盎司(±5%)的生产指导以及销售生产成本全维持成本和资本支出指导2025年和2026年年度产量预计稳定在约200万金衡盎司左右[6] 公司股票价格表现 - 过去一年股价飙升103.3%相比行业45.8%的涨幅[7] 公司Zacks排名及其他矿业发布 - 目前Zacks排名为1(强力买入)[9] - 其他公司如Agnico Eagle Mines Limited2024年第三季度调整后每股收益为1.14美元高于Zacks共识预期的98美分预计2024年黄金产量在335 - 355万盎司之间有望达到范围中点Newmont Corporation调整后每股收益81美分低于Zacks共识预期的83美分预计2024年第四季度可归属产量为180万盎司Freeport - McMoRan Inc调整后每股收益38美分低于Zacks共识预期的40美分预计2024年综合销售量为41亿磅铜180万盎司黄金和8000万磅钼[9][10]
Best Value Stocks to Buy for November 11th
ZACKS· 2024-11-11 17:16
Here are three stocks with buy rank and strong value characteristics for investors to consider today, November 11:Pitney Bowes Inc. (PBI) : This shipping and mailing company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% over the last 60 days.Pitney Bowes has a price-to-earnings ratio (P/E) of 19.95 compared with 51.80 for the industry. The company possesses a Value Scoreof A.Kinross Gold Corporation (KGC) : This gold mining company carr ...
Best Income Stocks to Buy for November 11th
ZACKS· 2024-11-11 17:01
Here are three stocks with buy rank and strong income characteristics for investors to consider today, November 11:Pitney Bowes Inc. (PBI) : This shipping and mailing company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.6% the last 60 days.This Zacks Rank #1 company has a dividend yield of 2.6%, compared with the industry average of 1.7%.Kinross Gold Corporation (KGC) : This gold mining company has witnessed the Zacks Consensus Estimate for its current year earnings ...
Kinross Gold: Rapid Deleveraging Helped By Record Gold Prices
Seeking Alpha· 2024-11-07 17:55
Alluvial Gold Research offers in-depth research on my favorite miners ranked in order to aid in positioning in the most undervalued miners with upcoming catalysts to drive portfolio outperformance. Subscribers also get access to my current portfolios and buy/sell alerts as well as the following:Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, an ...
Kinross(KGC) - 2024 Q3 - Earnings Call Transcript
2024-11-07 01:15
财务数据和关键指标变化 - 第三季度公司实现了564,000盎司的黄金生产,销售成本为每盎司980美元,较前一季度的1,029美元有所改善 [16] - 第三季度的调整后每股收益为0.24美元,调整后经营现金流为6.25亿美元,均较前一季度有所提升 [18] - 自由现金流达到4.15亿美元,较前一季度增长约20% [6][19] - 截至第三季度,净债务减少约10亿美元,净债务与EBITDA比率从1.7倍降至0.5倍 [21] 各条业务线数据和关键指标变化 - Tasiast矿区第三季度生产152,000盎司,销售成本为每盎司688美元,保持稳定 [24] - Paracatu矿区生产146,000盎司,销售成本为每盎司1,006美元,较前一季度有所改善 [26] - La Coipa矿区第三季度生产51,000盎司,销售成本为每盎司1,074美元,生产仍在轨道上 [27] - 美国运营的生产为205,000盎司,主要得益于阿拉斯加的强劲表现 [28] 各个市场数据和关键指标变化 - 在阿拉斯加,第三季度生产120,000盎司,较前一季度有所增加,主要由于Manh Choh的高品位矿石开始生产 [28] - Round Mountain矿区的生产为42,000盎司,较前一季度有所下降,主要由于堆浸垫的回收减少 [30] 公司战略和发展方向和行业竞争 - 公司在Great Bear和Lobo-Marte项目上持续推进,预计将成为未来低成本、高产量的关键资产 [10][36] - 公司在第三季度发布了Great Bear的初步经济评估,显示出强劲的经济潜力和可观的现金流 [11][39] - 公司在资本配置方面将重点放在内部增长与资本回报之间的平衡,未来将根据黄金价格的变化进行调整 [52][53] 管理层对经营环境和未来前景的评论 - 管理层对未来的展望持乐观态度,预计将继续实现强劲的生产和现金流 [14][44] - 管理层强调了在当前黄金价格环境下,保持成本控制和运营效率的重要性 [17][21] 其他重要信息 - 公司在安全方面取得了进展,超过70%的员工和合作伙伴完成了全球安全卓越计划 [22] - 公司在第三季度的资本支出为2.76亿美元,前九个月为7.72亿美元 [19] 问答环节所有提问和回答 问题: 关于Manh Choh的可持续性 - 管理层表示,Manh Choh的稳定生产预计为每季度38.2万盎司,未来将保持这一水平 [46] 问题: 关于未来的资本支出 - 管理层预计2024年的资本支出将与2023年相近,主要调整为通货膨胀因素 [49] 问题: 关于Bald Mountain的生产量 - 管理层预计Bald Mountain明年的生产将保持稳定,之后将逐渐减少 [57] 问题: 关于Round Mountain的生产趋势 - 管理层表示,明年Round Mountain的生产将下降,预计在2026年和2027年逐步回升 [60] 问题: 关于Great Bear的许可进展 - 管理层表示,期待很快获得关键的关闭计划许可,随后将进行冬季施工 [81][88] 问题: 关于成本和通货膨胀 - 管理层预计明年的劳动力成本将上涨约5%至6%,整体通货膨胀约为3% [92]
Kinross(KGC) - 2024 Q3 - Earnings Call Presentation
2024-11-06 21:34
业绩总结 - 第三季度2024年,金罗斯公司可归属生产为564,106盎司黄金当量,较2023年同期的585,449盎司下降3.1%[12] - 第三季度2024年,销售成本为每盎司976美元,较2023年同期的911美元上升7.1%[12] - 第三季度2024年,归属的全维持成本为每盎司1,350美元,较2023年同期的1,296美元上升4.2%[12] - 第三季度2024年,运营现金流为734百万美元,较2023年同期的407百万美元增长80.6%[12] - 第三季度2024年,归属的自由现金流为415百万美元,较2023年同期的138百万美元增长200%[12] - 截至2024年第三季度末,金罗斯公司的净债务为12亿美元,较前期有所减少[13] 生产与指导 - 2024年可归属生产指导为210万盎司黄金当量,预计在2024年内实现[14] - Tasiast矿区第三季度生产为162,155盎司,全年指导为610,000盎司[17] - Paracatu矿区第三季度生产为146,174盎司,全年指导为510,000盎司[19] - La Coipa矿区第三季度生产为50,502盎司,全年指导为250,000盎司[21] - 第三季度可归属的黄金等价产量为119,500盎司,年初至今为242,764盎司[28] 成本与资源估计 - 第三季度生产销售成本为每盎司$958,年初至今为每盎司$1,167[28] - 第三季度可归属的生产销售成本为每盎司$973,年初至今为每盎司$1,199[28] - 2023年资源估计显示,Probable Reserves为160,702千吨,平均品位为1.3克/吨,含金量为6,733千盎司[34] - 截至2023年12月31日,Kinross Gold Corporation的金矿探明和可采储量总计为937,809盎司,平均品位为0.8克/吨[48] - 在北美地区,Bald Mountain的探明储量为9,000盎司,品位为0.5克/吨,Fort Knox的探明储量为229,000盎司,品位为0.4克/吨[48] - 南美地区的Paracatu探明储量为4,337,000盎司,品位为0.4克/吨[48] 项目与未来展望 - Great Bear项目的年均产量预计为518千盎司,初始12年内的现金流为$491百万[36] - Lobo-Marte项目预计将成为一个长期的核心资产,具有显著的生产潜力和低成本[33] - Great Bear项目的净现值(NPV)为$1,898百万,内部收益率(IRR)为24.3%[36] - Curlew Basin的资源估计显示,指示资源为408千盎司,推测资源为715千盎司,平均品位分别为6.4克/吨和6.0克/吨[32] 资源与储量 - Kinross在2023年12月31日的可测量和指示矿资源总计为1,231,494盎司,平均品位为0.7克/吨[49] - Great Bear的可测量矿资源为22,691千吨,品位为4.5克/吨,预计可采金量为3,315盎司[50] - Tasiast的推测矿资源为19,551千吨,品位为2.4克/吨,预计可采金量为1,504盎司[50] - Bald Mountain的推测矿资源为49,041千吨,品位为0.3克/吨,预计可采金量为489盎司[50] - Fort Knox的推测矿资源为19,265千吨,品位为0.3克/吨,预计可采金量为193盎司[50]
Kinross Gold (KGC) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-11-06 08:15
Kinross Gold (KGC) came out with quarterly earnings of $0.24 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.12 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this gold mining company would post earnings of $0.13 per share when it actually produced earnings of $0.14, delivering a surprise of 7.69%.Over the last four quarters, the c ...
Kinross reports strong 2024 third-quarter results
GlobeNewswire News Room· 2024-11-06 06:00
Significant margin growth and record free cash flow, $350 million debt repaymentFirst gold from Manh Choh, strong PEA results at Great BearOn track to meet annual guidance TORONTO, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross” or the “Company”) today announced its results for the third quarter ended September 30, 20241.This news release contains forward-looking information about expected future events and financial and operating performance of the Company. We refe ...