Canada's Kinross Gold Q4 adjusted EPS beats expectations

Overview

• Gold miner's Q4 revenue rose significantly, driven by higher gold prices

• Adjusted EPS for Q4 beat analyst expectations

• Company announced 14% increase in quarterly dividend

Outlook

• Kinross expects 2026 gold equivalent production of 2.0 million ounces (+/- 5%)

• Company forecasts 2026 production cost of sales at $1,360 per Au eq. oz.

• Kinross targets 40% of free cash flow return to shareholders in 2026

Result Drivers

• HIGHER GOLD PRICES - Increased average realized gold price significantly boosted revenue and margins

• COST MANAGEMENT - Kinross maintained cost discipline despite inflationary pressures, supporting strong cash flow

• CAPITAL RETURNS - Kinross returned $752.4 million to shareholders and increased dividends, reflecting strong cash flow

Key Details

Press Release: ID:nGNX9jMw6G

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