Kinross Gold Corp
KGC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|c> | LOCK|R&X | LOCK|xr#Vv>z |
Kinross Earnings: Strong Gold Price Offsets Lower Volumes and Rising Unit Costs
Kinross' second-quarter adjusted net income of USD 848 million—EPS of USD 0.71—is up 57% from a year ago but similar to the previous quarter. The stronger gold price more than offset lower volumes and increased unit costs from last year. Its USD 0.04 cents per share quarterly dividend is up 33%.
