Kinross Gold Corporation $KGC Shares Sold by Pacifica Partners Inc.

Pacifica Partners Inc. reduced its position in Kinross Gold Corporation (NYSE:KGC) (TSE:K) by 53.6% during the 4th quarter, Holdings Channel.com reports. The firm owned 22,625 shares of the mining company’s stock after selling 26,090 shares during the period. Pacifica Partners Inc.’s holdings in Kinross Gold were worth $638,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. AQR Capital Management LLC boosted its position in shares of Kinross Gold by 35.1% in the 1st quarter. AQR Capital Management LLC now owns 70,370 shares of the mining company’s stock worth $887,000 after purchasing an additional 18,287 shares in the last quarter. Caxton Associates LLP purchased a new position in Kinross Gold during the 1st quarter worth $158,000. Sivia Capital Partners LLC acquired a new position in Kinross Gold during the 2nd quarter valued at about $167,000. PNC Financial Services Group Inc. increased its position in Kinross Gold by 41.6% during the 2nd quarter. PNC Financial Services Group Inc. now owns 21,130 shares of the mining company’s stock valued at $330,000 after buying an additional 6,211 shares in the last quarter. Finally, Creative Planning raised its stake in Kinross Gold by 16.2% in the second quarter. Creative Planning now owns 112,758 shares of the mining company’s stock valued at $1,762,000 after buying an additional 15,720 shares during the last quarter. 63.69% of the stock is owned by institutional investors and hedge funds.

Kinross Gold Stock Performance

Shares of KGC opened at $26.51 on Monday. The stock has a 50-day moving average of $33.70 and a two-hundred day moving average of $28.55. Kinross Gold Corporation has a one year low of $11.12 and a one year high of $39.11. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.37 and a current ratio of 2.35. The stock has a market cap of $31.75 billion, a P/E ratio of 13.53, a P/E/G ratio of 1.30 and a beta of 0.73.

Kinross Gold (NYSE:KGC) (TSE:K) last posted its quarterly earnings results on Wednesday, February 18th. The mining company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.12. The business had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.05 billion. Kinross Gold had a return on equity of 28.22% and a net margin of 33.90%.The company’s quarterly revenue was up 42.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.20 EPS. As a group, research analysts predict that Kinross Gold Corporation will post 0.81 EPS for the current year.

Kinross Gold Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Wednesday, March 11th will be given a $0.04 dividend. 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 0.6%. The ex-dividend date is Wednesday, March 11th. Kinross Gold’s payout ratio is currently 8.16%.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on KGC shares. Weiss Ratings reissued a “buy (a)” rating on shares of Kinross Gold in a report on Wednesday, January 28th. Desjardins began coverage on shares of Kinross Gold in a report on Friday, November 28th. They set a “buy” rating on the stock. Wall Street Zen raised shares of Kinross Gold from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 14th. Jefferies Financial Group reiterated a “buy” rating and issued a $33.00 target price on shares of Kinross Gold in a research note on Sunday, December 7th. Finally, Royal Bank Of Canada raised shares of Kinross Gold from a “sector perform” rating to an “outperform” rating and boosted their target price for the stock from $36.00 to $45.00 in a research report on Thursday, March 12th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $39.56.

Key Stories Impacting Kinross Gold

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

• Positive Sentiment: Kinross announced a renewal of its NCIB authorizing purchase of up to ~104.24M shares (about 10% of the float). A buyback of this size signals management believes KGC is undervalued, should support EPS and reduce share count over time — a clear shareholder-friendly move. Kinross Gold Unveils New NCIB Program to Buy Back Up to 104.2M Shares
• Positive Sentiment: Bullish analyst/feature pieces argue KGC is cheap on forward earnings, highlights record free cash flow and debt reduction, and points to growth optionality from projects like Great Bear and Lobo-Marte — a constructive long-term narrative for value investors. Kinross Gold: 10x Earnings Is Too Cheap To Ignore
• Neutral Sentiment: Coverage comparing peers (e.g., Agnico Eagle) highlights different balance-sheet and growth profiles; useful context but not an immediate catalyst for KGC unless it influences analyst revisions or investor allocation. Can Agnico Eagle’s Low Debt Profile Drive Stronger Growth Ahead?
• Negative Sentiment: Analysts flag rising operating costs that could squeeze margins in FY26 despite higher realized gold prices and a recent EPS beat; cost pressure is the primary near-term risk to earnings and cash flow forecasts. Will Kinross Gold’s Rising Costs Threaten Margins in FY26?
• Negative Sentiment: Market reaction since the last earnings report has been negative (stock down significantly), driven by concerns around cost outlook and forward guidance despite a quarter that showed higher EPS and strong cash generation — this post-earnings selling pressure is the immediate cause of today’s weaker price action. Why Is Kinross Gold (KGC) Down 18% Since Last Earnings Report?

Kinross Gold Company 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.