tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kinross Gold to Redeem $500 Million in Senior Notes by December 2025

Story Highlights
  • Kinross Gold plans to redeem $500 million in Senior Notes by December 2025.
  • The redemption aligns with Kinross’s strategy to manage debt and strengthen its financial position.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kinross Gold to Redeem $500 Million in Senior Notes by December 2025

Meet Your ETF AI Analyst

Kinross Gold ( (TSE:K) ) has shared an announcement.

Kinross Gold Corporation announced its plan to redeem $500 million in 4.50% Senior Notes due July 15, 2027, on December 4, 2025. This move will reduce the company’s outstanding Senior Notes to $750 million, with the next maturity date set for July 15, 2033. The redemption reflects Kinross’s strategy to manage its debt effectively, potentially strengthening its financial position and demonstrating its commitment to disciplined growth and balance sheet strength.

The most recent analyst rating on (TSE:K) stock is a Hold with a C$35.00 price target. To see the full list of analyst forecasts on Kinross Gold stock, see the TSE:K Stock Forecast page.

Spark’s Take on TSE:K Stock

According to Spark, TipRanks’ AI Analyst, TSE:K is a Outperform.

Kinross Gold’s strong financial performance and positive earnings call are the most significant factors driving the score. The company’s robust cash flow and strategic shareholder returns highlight its financial health. Technical indicators suggest mixed momentum, and the valuation is moderate, reflecting a balanced risk-reward profile.

To see Spark’s full report on TSE:K stock, click here.

More about Kinross Gold

Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile, and Canada. The company focuses on responsible mining, operational excellence, disciplined growth, and maintaining a strong balance sheet. Kinross is listed on the Toronto Stock Exchange and the New York Stock Exchange.

Average Trading Volume: 4,583,017

Technical Sentiment Signal: Buy

Current Market Cap: C$40.1B

For an in-depth examination of K stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1