IFP Advisors Inc Sells 225,158 Shares of Kinross Gold Corporation $KGC

IFP Advisors Inc lessened its stake in Kinross Gold Corporation (NYSE:KGC) (TSE:K) by 98.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,522 shares of the mining company’s stock after selling 225,158 shares during the period. IFP Advisors Inc’s holdings in Kinross Gold were worth $61,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Caitlin John LLC grew its holdings in Kinross Gold by 42.1% during the 2nd quarter. Caitlin John LLC now owns 1,350 shares of the mining company’s stock worth $32,000 after acquiring an additional 400 shares in the last quarter. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. increased its position in shares of Kinross Gold by 0.4% in the 2nd quarter. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. now owns 141,100 shares of the mining company’s stock worth $3,329,000 after purchasing an additional 500 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of Kinross Gold by 80.7% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,355 shares of the mining company’s stock worth $41,000 after purchasing an additional 605 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of Kinross Gold by 6.8% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 10,137 shares of the mining company’s stock worth $309,000 after purchasing an additional 645 shares during the last quarter. Finally, Baron Wealth Management LLC lifted its position in shares of Kinross Gold by 3.1% during the second quarter. Baron Wealth Management LLC now owns 21,941 shares of the mining company’s stock worth $518,000 after purchasing an additional 653 shares during the last quarter. 63.69% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on KGC. Canaccord Genuity Group decreased their price target on Kinross Gold from $52.00 to $47.00 and set a “buy” rating for the company in a research note on Thursday, September 24th. Zacks Research upgraded Kinross Gold from a “strong sell” rating to a “hold” rating in a research note on Monday, September 7th. Royal Bank Of Canada cut their price objective on Kinross Gold from $40.00 to $39.00 and set an “outperform” rating on the stock in a research note on Thursday, July 9th. Citigroup reaffirmed a “buy” rating on shares of Kinross Gold in a report on Monday, September 28th. Finally, Weiss Ratings downgraded Kinross Gold from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 23rd. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $38.06.

Key Headlines Impacting Kinross Gold

Here are the key news stories impacting Kinross Gold this week:

• Positive Sentiment: Adjusted earnings exceeded expectations. Kinross reported third-quarter EPS of $0.50, above the $0.46 consensus and up from $0.44 a year earlier. Gold prices rose 23% year over year, supporting profitability. Kinross Gold Beats Q3 Earnings Estimates
• Positive Sentiment: Management highlighted progress on growth initiatives. Kinross said it remains on track with updated guidance, advanced grade-enhancement projects and poured first gold at its Redbird project. The company also raised its return-of-capital target to 50% and has repurchased about 5% of its shares since April 2025. Kinross Reports 2026 Third-Quarter Results
• Positive Sentiment: The quarterly dividend was maintained. Kinross declared a $0.04-per-share dividend, payable December 3 to shareholders of record November 19, providing continued shareholder returns. Kinross Declares Quarterly Dividend
• Neutral Sentiment: Options-market volatility has increased. The rise in implied volatility signals greater near-term uncertainty around KGC, but does not by itself indicate whether traders expect a move higher or lower. Implied Volatility Surging for Kinross Gold Stock Options
• Negative Sentiment: Revenue missed estimates by a wide margin. Quarterly revenue was $1.75 billion versus the $1.94 billion consensus, while reports pointed to production headwinds and a roughly 20% increase in costs despite record gold prices. Kinross Gold Q3 2026 Costs Surge
• Negative Sentiment: Investor uncertainty was amplified by a law-firm investigation into potential claims on behalf of Kinross investors, adding reputational and legal overhang. Pomerantz Investor Alert

Kinross Gold Stock Performance

Kinross Gold stock opened at $20.17 on Friday. The company has a market cap of $23.77 billion, a PE ratio of 8.34, a P/E/G ratio of 0.72 and a beta of 0.82. The company has a fifty day moving average price of $26.44 and a two-hundred day moving average price of $28.84. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.87 and a quick ratio of 1.95. Kinross Gold Corporation has a 12 month low of $19.70 and a 12 month high of $39.11.

Kinross Gold (NYSE:KGC) (TSE:K) last issued its earnings results on Wednesday, October 28th. The mining company reported $0.50 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.04. The company had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.94 billion. Kinross Gold had a net margin of 37.62% and a return on equity of 32.84%. Research analysts expect that Kinross Gold Corporation will post 2.40 earnings per share for the current year.

Kinross Gold Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Thursday, November 19th will be issued a $0.04 dividend. The ex-dividend date of this dividend is Thursday, November 19th. This represents a $0.16 annualized dividend and a dividend yield of 0.8%. Kinross Gold’s payout ratio is 6.06%.

About Kinross Gold

Kinross Gold Corporation is a Canadian gold mining company headquartered in Toronto, Ontario. Founded in 1993, the company explores for, develops and operates gold mines, with silver produced as a byproduct at some operations.

Kinross’s producing assets have included mines in the United States, Brazil, Chile and Mauritania. Its operations have included Fort Knox in Alaska, Round Mountain and Bald Mountain in Nevada, Paracatu in Brazil, La Coipa in Chile and Tasiast in Mauritania. The company also pursues exploration and development projects intended to support future production.

Kinross sells the gold it produces to customers in international bullion markets and manages activities spanning mine development, extraction, processing and reclamation.