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Kinross Gold Corporation (T:K)

Business Focus: Gold Mining

This company is also listed in the United States as KGC on the NYSE. Click here to get the live US quote and see if there are any SEC insider filings..
Sector:  Basic Materials Industry:  Gold
 
Company Contact
Address: 25 York Street, 17th floor
TORONTO ON M5J 2V5
Tel: N/A
Website: https://www.kinross.com
IR: See website
Key People
Geoffrey P. Gold
President
J. Paul Rollinson
Chief Executive Officer, Director
Andrea Susan Freeborough
Chief Financial Officer, Executive Vice President
Claude J.S. Schimper
Executive Vice President, Chief Operating Officer
Kathleen M. Grandy
Senior Vice President - Human Resources
William D. Dunford
Senior Vice President - Technical Services
Business Overview
Kinross Gold Corporation is a Canada-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. The Company's projects include Fort Knox, Round Mountain, Bald Mountain, Manh Choh, Paracatu, La Coipa, Lobo-Marte, Tasiast and Great Bear projects. Fort Knox is an open-pit gold mine located near the city of Fairbanks, Alaska. Round Mountain is a long-life, open pit mine located in Nevada. Bald Mountain is an open pit mine with an estimated mineral resource base located in Nevada along the southern extension of the prolific Carlin trend. Manh Choh project is in Alaska, located approximately 400 kilometers southeast of Fort Knox. Paracatu is a long life, cornerstone operation located near the city of Paracatu in Brazil's Minas Gerais region. It operates the La Coipa mine in the Atacama region and owns the Lobo-Marte development project, which is located approximately 50 kilometers southeast of La Coipa.
Financial Overview
For the three months ended 31 March 2024, Kinross Gold Corp revenues increased 16% to $1.08B. Net income increased 19% to $107M. Revenues reflect Tasiast segment increase of 28% to $313.4M, Round Mountain segment increase of 29% to $140.9M, La Coipa segment increase of 26% to $147.9M. Net income benefited from Tasiast segment income increase of 26% to $120M, Bald Mountain segment income totaling $17.5M vs. loss of $3.4M.
Employees: 6,400 as of Dec 31, 2022
Reporting Currency: U.S. Dollars
Enterprise value: $18,000M as of Mar 31, 2024
Annual revenue (TTM): $5,987M as of Mar 31, 2024
EBITDA (TTM): $2,949M as of Mar 31, 2024
Net annual income (TTM): $590.40M as of Mar 31, 2024
Free cash flow (TTM): $619.30M as of Mar 31, 2024
Net Debt Last Fiscal Year: $2,512M as of Mar 31, 2024
Shares outstanding: 1,229,025,839 as of Jul 4, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization