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Kinross Gold Corp Announces Prosperous Q1 Results
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Kinross Gold Corp Announces Prosperous Q1 Results

Kinross Gold Corp (TSE:K) has released an update.

Kinross Gold Corp reported a strong first quarter in 2024, with a 13% increase in gold equivalent ounce production and a 20% increase in margins, resulting in a robust free cash flow of $145.3 million. The company is well on its way to meeting its annual guidance, with significant contributions from its three largest mines and a solid balance sheet featuring $2 billion in total liquidity. A quarterly dividend of $0.03 per common share has been declared, reinforcing Kinross’s financial health.

For further insights into TSE:K stock, check out TipRanks’ Stock Analysis page.

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