Kinross Posts Record Q1 Cash Flow as Gold Miners Deliver Stellar Earnings

Kinross capped a strong Q1 earnings run with record $840M cash flow, $2.4B revenue (+61% YoY), and $854M adjusted earnings, beating estimates, while Alamos spotlighted ~$597M record revenues, $232M adjusted earnings, and attractive valuation (EV/EBITDA ~8, P/E ~14) with 7% FCF yield at $4,500/oz gold. On April 29, Alamos reported $596.7M revenue (+79%), 123.9k oz production, $101.7M FCF, and 60% dividend hike; Centerra hit $484.7M revenue (+62%), 68k oz output, $49M FCF. Robust cash flows and production bolster gold sentiment amid elevated prices.