Can Kinross Gold Maintain Its Strong Margin Momentum in Q3?
Key Takeaways Kinross Gold achieved record Q2 margins, up 68% year over year, on higher gold prices and cost control.Q2 free cash flow surged 87% to $646.6 million, with key mines driving cash flow.KGC's cost discipline and higher gold prices are likely to sustain strong margin performance in Q3.Kinross Gold Corporation (KGC) delivered a record second-quarter operating margin, thanks to a rally in gold prices, cost management and strong production performance. Its margin per gold equivalent ounce sold rose ...