Kinross Gold Corporation (TSX:K) shares fell nearly 13% Thursday after the miner cut its 2026 and 2027 production guidance, citing weather and recovery issues at La Coipa and lower mining rates, grades and recoveries at Round Mountain. Although Jefferies has maintained its Buy rating on the stock, the broker lowered its price target to $35, saying a meaningful portion of the affected ounces ap...
(All dollar amounts are expressed in U.S. dollars, unless otherwise noted.) TORONTO, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K; NYSE: KGC) (“Kinross”) announced today that S&P Global Ratings (“S&P”) has upgraded the Company's long-term issuer credit rating and its issue-level rating on Kinross' unsecured debt to 'BBB' from 'BBB-', with a stable outlook.
Expected to contribute ~350,000 oz. of average annual productionLow AISC of ~$1,000/oz. and robust economics with estimated NPV of $4.3 billionPermitting, detailed engineering and execution planning advancing on plan
Disciplined cost management supports robust margins and over $725 million in free cash flowReturned ~40% of free cash flow to shareholders totalling over $600 million year-to-date Development pipeline on track and compelling Lobo-Marte update
TORONTO, July 29, 2026 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K; NYSE: KGC) (the “Company”) today announced that the Company's Board of Directors has declared a dividend of US$0.04 per common share for the second quarter of 2026.
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