Kinross Q2 Earnings: Consistency Is Key

In our coverage of Kinross Gold’s (TSX: K) first quarter financial results, we referred to the company rather succinctly – they were the adult in the room while other majors fell short.

That analysis continues to hold true in the second quarter. They’ve managed to keep a tight reign on costing and hold production steady, enabling margins on each ounce of sold gold to rise to $2,204 an ounce – which is about $100 less than the average realized price they recorded in the year ago period. And well, you can probably imagine what that did to free cash flow.

Lets dive in.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

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