Analyst Note
| Kristoffer Inton |Kinross reported first-quarter results that included production of 558,777 million attributable gold equivalent ounces at cost of sales of $728 per ounce and all-in sustaining cost of $953 per ounce. Under expectations for higher production and costs in the latter part of the year, the company reconfirmed its prior 2021 guidance for 2.4 million attributable gold equivalent ounces at cost of sales of $790 per ounce and AISC of $1,025 per ounce. First-quarter results leave the company plenty of wiggle room to still hit its guidance as the year progresses.