Kinross Gold: 2Q Earnings Snapshot

TORONTO (AP) _ Kinross Gold Corp. (KGC) on Wednesday reported second-quarter profit of $195.7 million.

The Toronto-based company said it had net income of 15 cents per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 14 cents per share.

The gold mining company posted revenue of $1.01 billion in the period.

Kinross Gold shares have increased 86% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $8.82, more than doubling in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KGC at https://www.zacks.com/ap/KGC

The Associated Press