Kinross Gold revenue rises 61% year-over-year to $2.41 billion
Kinross Gold Corporation saw a significant increase in revenue, driven by an average realized gold price of $4,873 per ounce in Q1.
The company’s metal sales rose 61% year-over-year to $2.41 billion, up from $1.50 billion in Q1 2025.
Adjusted net earnings skyrocketed to $854.1 million, or $0.71 per share, more than doubling the $0.30 per share reported in the prior-year period.
Renaissance Technologies has been a long-term investor in the company, with its stake increasing to over 25 million shares in Q1 2026.