Reports Q1 revenue $1.5B, consensus $1.45B. J. Paul Rollinson, CEO, made the following comments in relation to 2025 first-quarter results: “We had an excellent start to the year built on our continued strong operational performance and disciplined cost management, and are well positioned to meet our annual guidance. The Company delivered a 67% increase in margins to $1,814 per ounce sold compared with Q1 2024, significantly outpacing the 38% increase in the gold price over the same period. As a result, we generated over $370 million of free cash flow, more than double over Q1 2024.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KGC:
- Kinross Gold Acquires Stake in Eminent Gold Corp.
- KGC Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Kinross Gold price target raised to C$25 from C$23 at National Bank
- Kinross Gold price target raised to C$23.50 from C$19.50 at Stifel
- Newmont, Kinross, Wheaton, Pan American, Barrick: Trending by Analysts