Kinross Gold Q3 adjusted EPS beats expectations, raises FY share buyback target by 20%

Overview

• Kinross Q3 adjusted EPS beats analyst expectations, reflecting strong financial performance

• Company reports record free cash flow of $686.7 mln in Q3 2025

• Kinross increases 2025 share buyback target by 20% to $600 mln

Outlook

• Kinross expects 2025 production to be slightly above midpoint of 2.0 mln Au eq. oz.

• Company is tracking towards higher end of 2025 all-in sustaining cost guidance

• Kinross increases 2025 share buyback target by 20% to $600 mln

Result Drivers

• HIGHER GOLD PRICES - Revenue increased by 26% due to a rise in the average realized gold price, contributing to higher margins

• MARGIN IMPROVEMENT - Margins increased by 54% to $2,310 per Au eq. oz. sold, outpacing the rise in gold prices

• STRONG MINE PERFORMANCE - Paracatu and Tasiast mines delivered solid quarters with high grades and recoveries

Key Details

Press Release: ID:nGNX3dmN45

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