Quarterly ResultApr 29, 2026, 05:02 PM
KGC Q1 Attributable Free Cash Flow $837.5M; EPS $0.70
AI Summary
Kinross Gold Corp. reported strong Q1 2026 results, achieving a record attributable free cash flow of $837.5 million, marking its fourth consecutive quarterly record. The company posted reported earnings of $843 million ($0.70 per share) and adjusted net earnings of $854.1 million ($0.71 per share). Margins significantly increased by 92% year-over-year to $3,476 per Au eq. oz. sold, outpacing gold price rises. Kinross has returned approximately $350 million to shareholders year-to-date in 2026 and over $1 billion since Q1 2025, including a $0.04 quarterly dividend.
Key Highlights
- Record attributable free cash flow of $837.5M.
- Reported earnings of $843M, or $0.70 per share.
- Adjusted net earnings of $854.1M, or $0.71 per share.
- Margins increased 92% YoY to $3,476 per Au eq. oz. sold.
- Returned $350M to shareholders in 2026, $1B since Q1 2025.
- Q1 production of 492,563 gold equivalent ounces.
- Declared quarterly dividend of $0.04 per common share.
- Cash and cash equivalents increased to $2.2B.
Price Impact
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