OMERS ADMINISTRATION Corp acquired a new position in Kinross Gold Corporation (NYSE:KGC – Free Report) (TSE:K) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 33,274 shares of the mining company’s stock, valued at approximately $1,014,000.
A number of other institutional investors also recently bought and sold shares of KGC. Themes Management Co LLC boosted its position in shares of Kinross Gold by 4.3% during the first quarter. Themes Management Co LLC now owns 47,590 shares of the mining company’s stock valued at $1,455,000 after purchasing an additional 1,966 shares in the last quarter. Cumberland Partners Ltd boosted its stake in Kinross Gold by 13.6% during the first quarter. Cumberland Partners Ltd now owns 15,900 shares of the mining company’s stock worth $485,000 after acquiring an additional 1,900 shares in the last quarter. Entropy Technologies LP boosted its stake in Kinross Gold by 59.1% during the first quarter. Entropy Technologies LP now owns 226,967 shares of the mining company’s stock worth $6,927,000 after acquiring an additional 84,273 shares in the last quarter. Cape Ann Asset Management Ltd grew its holdings in Kinross Gold by 6.6% in the first quarter. Cape Ann Asset Management Ltd now owns 3,771,084 shares of the mining company’s stock worth $115,093,000 after purchasing an additional 232,846 shares during the period. Finally, Healthcare of Ontario Pension Plan Trust Fund increased its stake in shares of Kinross Gold by 186.5% during the first quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 939,372 shares of the mining company’s stock valued at $28,709,000 after purchasing an additional 611,472 shares in the last quarter. 63.69% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several research firms have recently issued reports on KGC. ATB Cormark Capital Markets upgraded shares of Kinross Gold from a “hold” rating to a “moderate buy” rating in a report on Friday, May 1st. Weiss Ratings lowered Kinross Gold from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday. Jefferies Financial Group dropped their target price on Kinross Gold from $41.00 to $38.00 and set a “buy” rating on the stock in a report on Monday, July 6th. Zacks Research cut Kinross Gold from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. Finally, Royal Bank Of Canada reduced their price target on Kinross Gold from $40.00 to $39.00 and set an “outperform” rating for the company in a report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $37.31.
Trending Headlines about Kinross Gold
Here are the key news stories impacting Kinross Gold this week:
- Positive Sentiment: Kinross produced 492,000 gold-equivalent ounces in the second quarter and generated more than $725 million in free cash flow. Management said disciplined cost control supported robust margins and reaffirmed its ability to meet full-year production and cost guidance. Kinross Gold Q2 2026 earnings call highlights
- Positive Sentiment: Adjusted earnings were $0.71 per share, ahead of the $0.66 consensus estimate and up from $0.44 a year earlier. Year-over-year revenue increased 29.5%, while the company returned approximately 40% of free cash flow—more than $600 million year to date—to shareholders. Kinross reports strong second-quarter results
- Positive Sentiment: The Lobo-Marte project is expected to add about 350,000 ounces of average annual production at an estimated all-in sustaining cost of approximately $1,000 per ounce. Its estimated net present value is $4.3 billion, and permitting, engineering and execution planning are progressing on schedule, strengthening Kinross’s future growth profile. Kinross Lobo-Marte project update
- Neutral Sentiment: The board declared a quarterly dividend of $0.04 per share, payable September 3 to shareholders of record August 20. The dividend provides ongoing shareholder income, although its approximately 0.7% annualized yield is modest. Kinross quarterly dividend announcement
- Negative Sentiment: Quarterly revenue of $2.22 billion was slightly below the $2.24 billion analyst estimate, suggesting that the earnings beat was driven more by margins and cost management than by sales strength. Kinross Gold Q2 earnings results
Kinross Gold Stock Up 1.8%
Shares of KGC opened at $23.63 on Friday. The business’s 50 day moving average is $25.36 and its 200 day moving average is $29.98. The company has a market capitalization of $28.04 billion, a PE ratio of 8.95, a price-to-earnings-growth ratio of 0.62 and a beta of 0.78. Kinross Gold Corporation has a 12-month low of $15.78 and a 12-month high of $39.11. The company has a current ratio of 2.84, a quick ratio of 1.83 and a debt-to-equity ratio of 0.08.
Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) last posted its quarterly earnings results on Wednesday, July 29th. The mining company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.05. Kinross Gold had a return on equity of 35.09% and a net margin of 37.52%.The business had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the prior year, the company posted $0.44 EPS. The firm’s revenue for the quarter was up 29.5% compared to the same quarter last year. Research analysts expect that Kinross Gold Corporation will post 2.65 earnings per share for the current fiscal year.
Kinross Gold Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be issued a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, August 20th. Kinross Gold’s payout ratio is 6.78%.
Kinross Gold Profile
Kinross Gold Corporation (NYSE: KGC) is a Toronto-based precious metals mining company primarily focused on the exploration, development and production of gold, with silver recovered as a by-product at some operations. The company’s activities span the full mining lifecycle, including discovery and resource delineation, mine construction and operation, ore processing, and eventual site reclamation and closure. Kinross sells refined gold produced at its processing facilities and manages associated logistics and processing arrangements to deliver metal to market.
Kinross operates a portfolio of producing mines and development projects across multiple regions, with a significant presence in the Americas and West Africa.
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