Brokerages Set Kinross Gold Co. (TSE:K) Target Price at C$47.36

Shares of Kinross Gold Co. (TSE:K) (NYSE:KGC) have been given an average rating of “Buy” by the seven analysts that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12-month target price among brokerages that have covered the stock in the last year is C$47.36.

A number of research firms recently issued reports on K. National Bank Financial dropped their price objective on Kinross Gold from C$50.00 to C$47.50 and set an “outperform” rating for the company in a report on Friday, July 31st. Jefferies Financial Group decreased their target price on Kinross Gold from C$41.00 to C$38.00 in a research report on Monday, July 6th. Freedom Capital raised shares of Kinross Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. Finally, ATB Cormark Capital Markets raised shares of Kinross Gold from a “hold” rating to a “moderate buy” rating and boosted their target price for the company from C$41.00 to C$45.00 in a research note on Friday, July 31st.

Insider Activity at Kinross Gold

In related news, insider William D. Dunford sold 30,000 shares of Kinross Gold stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of C$40.77, for a total transaction of C$1,223,100.00. Following the completion of the sale, the insider owned 27,374 shares in the company, valued at C$1,116,037.98. This trade represents a 52.29% decrease in their position. Also, insider Daniel Fombonne sold 2,003 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of C$38.48, for a total transaction of C$77,075.44. Following the completion of the sale, the insider directly owned 16,155 shares of the company’s stock, valued at approximately C$621,644.40. This trade represents a 11.03% decrease in their ownership of the stock. Over the last 90 days, insiders have sold 60,338 shares of company stock worth $2,442,376. Corporate insiders own 0.26% of the company’s stock.

Kinross Gold Stock Up 3.8%

Shares of TSE:K opened at C$45.04 on Thursday. The firm has a market capitalization of C$53.43 billion, a PE ratio of 17.13, a price-to-earnings-growth ratio of -0.60 and a beta of 1.48. The business has a 50 day simple moving average of C$35.49 and a two-hundred day simple moving average of C$40.29. Kinross Gold has a 1 year low of C$26.73 and a 1 year high of C$53.57. The company has a debt-to-equity ratio of 7.65, a current ratio of 2.89 and a quick ratio of 1.11.

Kinross Gold (TSE:K) (NYSE:KGC) last issued its quarterly earnings results on Wednesday, July 29th. The company reported C$1.01 earnings per share for the quarter. Kinross Gold had a return on equity of 35.91% and a net margin of 37.56%.The firm had revenue of C$3.18 billion for the quarter. On average, equities analysts predict that Kinross Gold will post 1.0071259 EPS for the current year.

Kinross Gold News Roundup

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

• Positive Sentiment: An article highlights the possibility that gold could reach $5,000 by 2027, which could benefit Kinross through higher realized gold prices, revenue and cash flow if the forecast materializes. Gold Could Hit $5000 by 2027 and These Gold Stocks Could Benefit
• Positive Sentiment: Kinross maintains broadly favorable sell-side support. The company has an average “Buy” rating and a consensus target price of C$47.36, with one Strong Buy and five Buy ratings among the analysts cited. Recent target changes included ATB Cormark raising its target to C$45 and National Bank maintaining an Outperform rating with a C$47.50 target.
• Neutral Sentiment: The stock is trading above both its 50-day moving average of C$35.30 and 200-day moving average of C$40.26, indicating strong recent momentum. Kinross also recently reported C$1.01 quarterly EPS and C$3.18 billion in revenue, with a 37.56% net margin and 35.91% return on equity.
• Negative Sentiment: Zacks Research lowered its EPS forecasts across several periods. Estimates fell for Q3 2026 to $0.79 from $1.04, FY2026 to $3.63 from $3.82, FY2027 to $3.43 from $3.88, and FY2028 to $3.26 from $3.81. Forecasts for Q1–Q4 2027 and early 2028 were also reduced, suggesting analysts expect weaker future earnings than previously projected.
• Negative Sentiment: Insider William Dunford sold 30,000 shares for approximately C$1.22 million at an average price of C$40.77, reducing his direct ownership by 52.29%. While a single insider sale does not necessarily indicate deteriorating fundamentals, it may weigh on sentiment.

Kinross Gold Company Profile

Kinross Gold is a Canada-based senior gold producer, producing roughly 2.4 million gold equivalent ounces in 2020. The company had 30 million ounces of proven and probable gold reserves and 59 million ounces of silver reserves at the end of 2020. It operates mines and focuses its greenfield and brownfield exploration in the Americas, West Africa, and Russia. The company has historically used acquisitions to fuel expansion into new regions and production growth.