TSX:KMetals and Mining
Does Kinross Gold’s Earnings Surge Offset Lower Production for TSX:K Investors?
Kinross Gold Corporation recently reported third quarter results, highlighting a 65% increase in net income to US$584.9 million despite a 12% decrease in gold production compared to the same period last year.
Amid lower output, the company raised its quarterly dividend, completed a US$411.5 million share buyback, and redeemed US$500 million in senior notes, underlining a focus on continued shareholder returns and strengthening its balance sheet.
We'll explore how robust earnings growth and...