- Kinross Gold released its Q3 results earlier this month and reported another solid quarter with quarterly production of ~603,300 gold-equivalent ounces.
- The higher gold price combined with improved costs helped the company to deliver record all-in sustaining cost margins, with all-in sustaining cost margins up 116% year over year.
- Given the company's improving net debt and earnings trend, the company has declared a dividend of $0.03 per share, or just over 1.50% annually.
- Based on Kinross' strong production pipeline, and industry-leading earnings growth, I would view any further weakness as a low-risk buying opportunity.
For further details see:
Kinross Gold: Industry-Leading Earnings Growth