TORONTO, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross”) will release its Preliminary Economic Assessment for Great Bear followed by a virtual presentation and question and answer session on Tuesday, September 10, 2024 at 9 a.m. EDT. The presentation will be accessible via audio webcast on www.kinross.com, where it will be archived. Great Bear Technical Presentation details To access the call, please dial: Webcast Link: https://meetings.lumiconnect.com/400-478-546- ...

Investors with an interest in Mining - Gold stocks have likely encountered both Kinross Gold (KGC) and Triple Flag Precious Metals (TFPM) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.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 ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Have you been paying attention to shares of Kinross Gold (KGC) ? Shares have been on the move with the stock up 4.1% over the past month. The stock hit a new 52-week high of $9.58 in the previous session. Kinross Gold has gained 55.4% since the start of the year compared to the -4.5% move for the Zacks Basic Materials sector and the 30.3% return for the Zacks Mining - Gold industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our ea ...

Investors interested in stocks from the Mining - Gold sector have probably already heard of Kinross Gold (KGC) and Franco-Nevada (FNV) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to take a closer look.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 proven Zacks Rank emphasizes companies with positive estimate revision tren ...

Kinross Gold Corporation’s (KGC) shares have shot up 80.9% in the past six months, outperforming the Zacks Mining – Gold industry’s gain of 41.9%. The bullishness appears to have been partly catalyzed by its better-than-expected earnings performance in the second quarter on the back of higher gold prices.The stock is currently trading at a roughly 3% discount to its 52-week high of $9.45, reached on Aug 2, 2024, thanks to strong second-quarter results and a surge in gold prices. Technical indicators for Kin ...

Equity markets have witnessed some volatility recently. I expect that volatility will continue with the markets anticipating rate cuts. Further, it remains to be seen if the Fed is already behind the curve. As an investor, I would do two things. First, protect my portfolio by going overweight on low-beta stocks. Further, look at corrections as opportunities to buy quality growth stocks. This column focuses on three under-$20 stocks that are likely to deliver multibagger returns in the next 36 months.In rela ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional va ...

财务数据和关键指标变化 - 第二季度营业利润率同比增长超过20%,超过黄金价格的相对涨幅 [9] - 第二季度自由现金流增加一倍至3.46亿美元,上半年总计近5亿美元 [9] - 第二季度调整后每股收益为0.14美元,调整后经营现金流为4.78亿美元,均较上季度有所改善 [23] - 上半年销售成本为每盎司1,006美元,符合全年1,020美元的指导区间 [22] - 上半年全包成本为每盎司1,348美元,也符合1,360美元的全年指导区间 [22] - 第二季度末净债务/EBITDA从去年的1.3倍降至0.8倍 [24] 各条业务线数据和关键指标变化 - 塔西亚特矿山第二季度表现出色,再次成为公司最高利润矿山,带来大量自由现金流 [10][28] - 帕拉卡图矿山持续稳定贡献,产量、成本均有所改善 [29] - 拉科伊帕矿山第二季度产量较上季度有所下降,主要受到维修成本和销售时间影响 [30] - 美国业务第二季度整体表现良好,以福特诺克斯为代表 [31][32] 各个市场数据和关键指标变化 - 毛里塔尼亚总统大选结果稳定,公司与政府关系良好,不预期会有重大税收政策变化 [109][110] 公司战略和发展方向及行业竞争 - 公司将继续优化现有资产,如塔西亚特、帕拉卡图等,提高产量和降低成本 [28][29] - 正在推进Round Mountain Phase X、Manh Choh等开发项目,为未来几年带来强劲产量和低成本 [12][13] - 对Great Bear项目持续勘探,结果显示矿体深部延伸潜力巨大,未来有望成为公司长期高产高利润矿山 [14][15][39][40][41][42] - 公司正在推进AEX探矿坑和主项目的环评许可,为未来开发做准备 [113][114][115] - 公司将继续优化现有资产,如Bald Mountain,评估是否启动大型资本开发项目 [101][102][103] 管理层对经营环境和未来前景的评论 - 公司有信心维持全年产量和成本指引,并将持续关注成本管控,保持强劲利润和现金流 [20] - 公司对堆浆设施的质量和安全性有信心,采取了多重措施确保稳定性 [33][34][35] - 公司正在推进可再生能源利用,2023年实现29千吨CO2减排,可再生能源占比达23% [18] - 公司有信心在未来几年保持200万盎司的稳定产量 [100] 其他重要信息 - 公司第二季度实现535,000盎司产量,成本为每盎司1,029美元 [10] - 公司第二季度末现金及流动资产约21亿美元,净债务/EBITDA降至0.8倍 [24] - 公司2025年资本支出预计在10亿美元左右,包括Phase X、Curlew等项目 [83][84][85] - 公司计划在2025年前偿还剩余8亿美元的定期贷款 [24] 问答环节重要的提问和回答 问题1 **Joshua Wolfson 提问** 询问公司是否会在下半年产量有所提升 [47][48][49][50] **Claude Schimper 回答** 公司将保持原有的生产计划,不会在下半年大幅提升产量,主要是由于塔西亚特和帕拉卡图矿山的采矿序列安排 [48][50] 问题2 **Lawson Winder 提问** 询问公司是否考虑提高黄金价格假设,以及哪些资产可能受益最大 [57][58][59] **Paul Rollinson 回答** 公司目前维持原有的黄金价格假设,但会在预算周期时再次评估。提高价格假设主要会影响现金流和利润,而不会大幅改变储量。巴尔德山可能是最有潜力的资产 [58][59] 问题3 **Mike Parkin 提问** 询问Round Mountain Phase X地下矿体的潜在品位情况 [65][66][67][73] **Claude Schimper 回答** 公司需要完成更多钻探工作后才能确定最终品位,但初步结果显示品位高于预期目标,这为大规模高效开采带来积极预期。不过公司仍需谨慎评估,并进行必要的品位调整 [66][67][73]

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 ...