Haven Capital Group Inc. Grows Stock Holdings in Kinross Gold Corporation $KGC

Haven Capital Group Inc. grew its holdings in shares of Kinross Gold Corporation (NYSE:KGCFree Report) (TSE:K) by 106.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 33,634 shares of the mining company’s stock after buying an additional 17,379 shares during the quarter. Kinross Gold accounts for approximately 0.7% of Haven Capital Group Inc.’s holdings, making the stock its 22nd biggest holding. Haven Capital Group Inc.’s holdings in Kinross Gold were worth $836,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of KGC. AQR Capital Management LLC boosted its position in shares of Kinross Gold by 35.1% during the first quarter. AQR Capital Management LLC now owns 70,370 shares of the mining company’s stock valued at $887,000 after buying an additional 18,287 shares during the period. Caxton Associates LLP purchased a new position in Kinross Gold in the 1st quarter worth about $158,000. Sivia Capital Partners LLC bought a new stake in Kinross Gold during the 2nd quarter valued at about $167,000. Envestnet Asset Management Inc. lifted its holdings in Kinross Gold by 7.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 661,549 shares of the mining company’s stock valued at $10,340,000 after buying an additional 43,819 shares in the last quarter. Finally, Atria Investments Inc boosted its position in Kinross Gold by 14.2% in the 2nd quarter. Atria Investments Inc now owns 16,660 shares of the mining company’s stock valued at $260,000 after buying an additional 2,076 shares during the period. 63.69% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

KGC has been the topic of a number of research reports. Canadian Imperial Bank of Commerce set a $54.00 target price on shares of Kinross Gold in a research report on Wednesday, February 4th. Scotiabank increased their price objective on Kinross Gold from $32.00 to $45.00 and gave the stock an “outperform” rating in a research note on Monday, January 26th. Wall Street Zen downgraded Kinross Gold from a “strong-buy” rating to a “buy” rating in a report on Monday. Weiss Ratings reiterated a “buy (a)” rating on shares of Kinross Gold in a report on Wednesday, January 28th. Finally, TD Securities dropped their price target on Kinross Gold from $43.00 to $42.00 and set a “buy” rating on the stock in a research report on Tuesday. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $36.31.

Check Out Our Latest Stock Report on Kinross Gold

Kinross Gold News Summary

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

  • Positive Sentiment: Zacks Research raised a string of quarterly and full‑year EPS forecasts for Kinross (multiple Q1–Q4 and FY2026–FY2028 lifts), materially boosting the earnings outlook—FY2026 was lifted to $2.55 and FY2027 to $2.49 in their updates. The upgrades suggest analysts see stronger near‑term profitability, which supports higher valuations.
  • Positive Sentiment: Kinross reported a dividend increase and record cash flow (coverage and liquidity improvements cited), reinforcing the company’s balance‑sheet strength and shareholder return capacity. This underpins investor confidence in free cash flow generation. Dividend and cash flow report
  • Positive Sentiment: Operational risk/efficiency: Kinross Brazil selected ISNetworld to standardize contractor management and safety/training tracking—this should reduce administrative burden and operational risk at a major operating jurisdiction. ISNetworld press release
  • Neutral Sentiment: Analyst consensus: some outlets report an average rating around “Moderate Buy,” indicating mixed but generally constructive analyst sentiment; however, Zacks still carries a “Hold” rating despite the estimate increases. Analyst rating summary
  • Negative Sentiment: TD Securities trimmed its price target slightly (from $43 to $42) while keeping a buy stance; that note coincided with an intraday ~8% drop earlier this week as investors reacted to the downgrade/target cut. The trim appears to have triggered short‑term selling despite the stronger earnings revisions. TD Securities note / intraday move BayStreet recap

Kinross Gold Stock Performance

Shares of KGC stock opened at $33.95 on Thursday. The firm has a market cap of $40.73 billion, a price-to-earnings ratio of 17.32, a PEG ratio of 1.65 and a beta of 0.73. Kinross Gold Corporation has a 52-week low of $10.42 and a 52-week high of $39.11. The company has a quick ratio of 1.37, a current ratio of 2.35 and a debt-to-equity ratio of 0.08. The company’s 50 day moving average is $33.33 and its 200 day moving average is $27.59.

Kinross Gold (NYSE:KGCGet Free Report) (TSE:K) last announced its earnings results on Wednesday, February 18th. The mining company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.12. Kinross Gold had a return on equity of 28.22% and a net margin of 33.90%.The business had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter last year, the firm earned $0.20 EPS. The business’s revenue for the quarter was up 42.9% on a year-over-year basis. On average, sell-side analysts anticipate that Kinross Gold Corporation will post 0.81 EPS for the current fiscal year.

Kinross Gold Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 11th will be given a dividend of $0.04 per share. The ex-dividend date of this dividend is Wednesday, March 11th. This is an increase from Kinross Gold’s previous quarterly dividend of $0.04. This represents a $0.16 dividend on an annualized basis and a yield of 0.5%. Kinross Gold’s dividend payout ratio is 7.14%.

About Kinross Gold

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Kinross Gold (NYSE:KGC)

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