Kinross Q3 Earnings: Another Record Free Cash Flow Quarter

It’s shaping up to be another great quarter for gold miners, who collectively continue to post record cash flow figures amid this gold environment. The price of gold may be down a bit in the last week or so, but make no mistake – the miners are making money hand over fist these days.

Kinross Gold (TSX: K) is no exception to this rule, with the company this week posting positive earnings, with the market rewarding them with a 7% gain on the day following the release of results. We’ve said it before, but Kinross is the adult in the room here, and these results continue that belief.

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.

Video Articles

The Gold Trade Is Shifting From Margins to Growth | Geordie Mark – Blue Jay Gold

CopAur Minerals – This PEA Has A Mine Life of What?!

Ontario’s Fast Track to Silver Production Is Starting to Matter | Frank Basa – Nord Precious Metals

Recommended

Questcorp Kicks Off Fully Funded Phase 2 Drilling at La Union

Cambria Gold Hits 483 g/t Gold in First Underground Infill Results at Premier

Related News

Kinross Gold: BMO Expects The Sale of Russian Assets

Last week, Kinross Gold Corporation (TSX: K) announced the suspension of its Russian operations. Impacted...

Sunday, March 13, 2022, 11:17:00 AM

Great Bear To Be Acquired For $29 Per Share In Initial Consideration By Kinross Gold

Well, the seemingly impossible has happened. Great Bear Resources (TSXV: GBR), a firm with no...

Thursday, December 9, 2021, 07:56:48 AM

Great Bear Royalties To Be Acquired For $200 Million In All-Cash Deal

It appears the Great Bear namesake is about to leave Canadian capital markets for good....

Monday, July 11, 2022, 08:32:18 AM

Kinross Gold Reports Q1 Net Loss Of $523.9 Million Due To Russian Asset Sale

Kinross Gold (TSX: K) yesterday evening announced its first quarter 2021 financial results. The results...

Wednesday, May 11, 2022, 07:54:02 AM

Kinross Gold CEO Unloads $21.0 Million Worth Of Shares

Kinross Gold (TSX: K) is in the news for all the wrong reasons this morning,...

Thursday, November 28, 2024, 09:09:45 AM