Prepared for today's market opening with last night's strategy. The effort paid off.
Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United...
KGC.US traded sharply higher during regular hours, climbing approximately 5.1% to $24.67 as of ET 09:35, driven by a rebound in gold prices and robust earnings results. The stock traded between $23.64 and $24.50 in pre-market before hitting an intraday high of $24.665 in regular session. Kinross Gold reported Q1 2026 revenue of $2.408 billion, up 60.78% YoY, net profit of $843 million, surging 129.08% YoY, and EPS of $0.70, up 133.88% YoY, reinforcing investor confidence. The price remains 36.92% below its 52-week high of $39.11, though 64.03% above the 52-week low of $15.04, while YTD it is down 12.83% and still trades below its MA20 ($25.41) and MA60 ($29.07), indicating a partial recovery of its price position. Recent news also highlighted the company's strong balance sheet, though overall gold price volatility and sector headwinds persist.
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