Kinross Gold Corp
K: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| qYb | LOCK|#F> | LOCK|>yL@@B |
Kinross Earnings: Stronger Gold Price More Than Compensates for Lower Volumes and Higher Unit Costs
Kinross' third quarter benefited from a higher gold price than a year ago, which more than offset reduced sales volumes and higher unit costs. Adjusted NPAT of USD 591 million—USD 0.50 per share—is up 12%. It declared a USD 4 cents per share quarterly base dividend in line with its policy, up 14%.
