Last $2.80 USD
Change Today -0.06 / -2.10%
Volume 11.4M
As of 8:04 PM 11/24/14 All times are local (Market data is delayed by at least 15 minutes).

kinross gold corp (KGC) Snapshot

Open
$2.85
Previous Close
$2.86
Day High
$2.89
Day Low
$2.77
52 Week High
02/12/14 - $5.44
52 Week Low
11/5/14 - $2.00
Market Cap
3.2B
Average Volume 10 Days
16.7M
EPS TTM
$0.09
Shares Outstanding
1.1B
EX-Date
09/19/13
P/E TM
30.4x
Dividend
--
Dividend Yield
--
Current Stock Chart for KINROSS GOLD CORP (KGC)

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kinross gold corp (KGC) Details

Kinross Gold Corporation, together with its subsidiaries, is engaged in mining and processing gold and silver ores. It is involved in the exploration, acquisition, development, and operation of gold bearing properties. The company has operations in Canada, the United States, the Russian Federation, Brazil, Ecuador, Chile, Ghana, and Mauritania. As of December 31, 2013, its proven and probable mineral reserves included 42.8 million ounces of gold, 44.8 million ounces of silver, and 1.4 billion pounds of copper. The company was founded in 1972 and is based in Toronto, Canada.

kinross gold corp (KGC) Top Compensated Officers

Chief Executive Officer, President and Non In...
Total Annual Compensation: $1.1M
Chief Financial Officer and Executive Vice-Pr...
Total Annual Compensation: $597.0K
Executive Vice President of Corporate Affairs
Total Annual Compensation: $517.1K
Chief Legal Officer, Executive Vice-President...
Total Annual Compensation: $592.3K
Compensation as of Fiscal Year 2013.

kinross gold corp (KGC) Key Developments

Kinross Gold Corporation Reports Unaudited Consolidated Earnings and Production Results for the Third Quarter and Nine Months Ended September 30, 2014; Revised Production Guidance for the Full Year 2014; Provides Capital Expenditure Guidance for Full Year of 2014

Kinross Gold Corporation reported unaudited consolidated earnings and production results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net loss attributable to common shareholders was $5.1 million against net earnings attributable to common shareholders of $41.9 million or $0.04 diluted per share a year ago. Revenue: $945.7 million, compared with $876.3 million in Third Quarter 2013. Operating earnings was $112.6 million against $101.9 million a year ago. Earnings before tax were $88.0 million against earnings before tax of $101.4 million a year ago. Net cash flow of continuing operations provided from operating activities was $304.5 million against $137.7 million a year ago. Additions to property, plant and equipment was $153.5 million against $300.8 million a year ago. Adjusted net earnings were $70.1 million, or $0.06 per share, compared with $54.4 million, or $0.05 per share a year ago. Adjusted operating cash flow was $312.0 million, or $0.27 per share, compared with $256.4 million, or $0.22 per share a year ago. For nine months, the company reported loss earnings attributable to common shareholders was $68.6 million or $0.06 diluted per share against net loss attributable to common shareholders of $3,000.6 million or $2.63 diluted per share a year ago. Revenue was $2,675.0 million against $2,902.4 million a year ago. Operating profit was $274.2 million against operating loss of $1,929.1 million a year ago. Earnings before tax were $213.4 million and loss from continuing operations after tax was $72.8 million against loss before tax of $2,197.8 million and loss from continuing operations after tax of $2,271.8 million a year ago. Net profit from continuing operations attributable to common shareholders was $73.5 million or $0.06 diluted per share against net loss from continuing operations attributable to common shareholders of $2,272.6 million or $1.99 diluted per share a year ago. Net cash flow of continuing operations provided from operating activities was $678.9 million against $609.4 million a year ago. Additions to property, plant and equipment was $442.4 million against $931.3 million a year ago. Adjusted net earnings from continuing operations attributable to common shareholders were $137.1 million or $0.12 per share against $346.3 million or $0.30 per share a year ago. Adjusted operating cash flow from continuing operations was $926.8 million or $0.68 per share against $779.3 million or $0.81 per share a year ago. For the quarter, the company produced total gold equivalent ounces of 701,088 compared with 687,581 for the same period a year ago. The company produced 693,818 attributable Au eq. oz. in the third quarter of 2014, an increase over the third quarter of 2013, due mainly to increased production at Maricunga and the processing of higher grade ore from Dvoinoye, offset by the suspension of mining at La Coipa in October 2013. For the nine months, the company produced total gold equivalent ounces of 2,059,398 compared with 2,004,827 for the same period a year ago. Attributable gold equivalent ounces was 2,038,339 compared with 1,984,858 for the same period a year ago. The company has increased its 2014 forecast guidance for production. The company expects to be at the high end of a narrowed production guidance range of 2.6-2.7 million Au eq. oz., from previous guidance range of 2.5-2.7 million Au eq. oz. Narrows guidance range downward for all-in sustaining cost per Au eq. oz. sold to $950-$990, from $950-$1,050 For the full year 2014, the company lowers guidance for capital expenditures from $675 million to a range of $630-$650 million.

Kinross Gold Corporation Presents at Renewables and Mining Summit, Oct-16-2014 01:00 PM

Kinross Gold Corporation Presents at Renewables and Mining Summit, Oct-16-2014 01:00 PM. Venue: Toronto, Ontario, Canada. Speakers: Sunil Kumar, Director of Energy Strategy.

Kinross Gold Corporation Presents at Bank of America Merrill Lynch - 20th Annual Canada Mining Conference, Sep-04-2014 10:20 AM

Kinross Gold Corporation Presents at Bank of America Merrill Lynch - 20th Annual Canada Mining Conference, Sep-04-2014 10:20 AM. Venue: Sheraton Center Toronto, 123 Queen Street West, Toronto, ON M5H 2M9, Canada. Speakers: Paul Rollinson, CEO.

 

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Industry Analysis

KGC

Industry Average

Valuation KGC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.9x
Price/Book 0.5x
Price/Cash Flow 18.2x
TEV/Sales 0.0x
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