51,225 Shares in Kinross Gold Corporation $KGC Acquired by Elevation Point Wealth Partners LLC

Elevation Point Wealth Partners LLC bought a new stake in Kinross Gold Corporation (NYSE:KGC) (TSE:K) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 51,225 shares of the mining company’s stock, valued at approximately $1,210,000.

A number of other large investors have also recently bought and sold shares of the stock. U S Global Investors Inc. lifted its stake in shares of Kinross Gold by 95.4% during the first quarter. U S Global Investors Inc. now owns 195,363 shares of the mining company’s stock valued at $5,962,000 after buying an additional 95,363 shares during the period. SteelPeak Wealth LLC purchased a new stake in Kinross Gold in the 1st quarter worth approximately $2,263,000. TD Asset Management Inc raised its holdings in Kinross Gold by 4.7% in the 4th quarter. TD Asset Management Inc now owns 5,879,190 shares of the mining company’s stock valued at $165,814,000 after acquiring an additional 261,861 shares during the last quarter. Man Group plc lifted its stake in shares of Kinross Gold by 7.6% during the 4th quarter. Man Group plc now owns 12,526,669 shares of the mining company’s stock worth $352,751,000 after purchasing an additional 882,373 shares during the period. Finally, Deutsche Bank AG purchased a new position in shares of Kinross Gold during the 2nd quarter worth $217,800,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

Key Stories Impacting Kinross Gold

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

• Positive Sentiment: Gold prices remain a key catalyst for Kinross, because higher bullion prices can improve realized revenue, margins and free cash flow for the gold producer. This keeps KGC in focus as investors assess the outlook for precious-metals prices. What Puts Kinross Gold in Focus as Gold Prices Move?
• Neutral Sentiment: Investors are also monitoring Kinross’s cost outlook. Production costs are especially important if gold prices retreat, as higher costs could compress margins; the latest coverage focuses on this key profitability signal. What Is the Key Cost Signal for Kinross Gold?
• Negative Sentiment: Zacks Research lowered EPS forecasts across multiple periods and maintained a “Strong Sell” rating. Estimates fell for Q3 2026 to $0.57 from $0.76, FY2026 to $2.63 from $2.79, FY2027 to $2.48 from $2.83 and FY2028 to $2.36 from $2.78. Forecasts for several 2027 quarters were also reduced. Although Q4 2026 EPS was raised modestly to $0.64 from $0.62, the broader revisions imply weaker expected earnings growth and may pressure the shares.

Kinross Gold Trading Up 0.1%

NYSE KGC opened at $32.78 on Monday. Kinross Gold Corporation has a one year low of $19.19 and a one year high of $39.11. The company’s 50 day moving average price is $25.25 and its 200 day moving average price is $29.10. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.95 and a current ratio of 2.89. The firm has a market capitalization of $38.88 billion, a price-to-earnings ratio of 12.42, a PEG ratio of 0.88 and a beta of 0.78.

Kinross Gold (NYSE:KGC) (TSE:K) last released its quarterly earnings data on Wednesday, July 29th. The mining company reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.05. Kinross Gold had a net margin of 37.52% and a return on equity of 34.00%. The company had revenue of $2.22 billion during the quarter, compared to the consensus estimate of $2.24 billion. During the same period in the previous year, the firm earned $0.44 earnings per share. Kinross Gold’s revenue for the quarter was up 29.5% on a year-over-year basis. On average, sell-side analysts predict that Kinross Gold Corporation will post 2.61 EPS for the current year.

Kinross Gold Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, August 20th. Kinross Gold’s dividend payout ratio is 6.06%.

Wall Street Analysts Forecast Growth

KGC has been the subject of a number of recent analyst reports. Wall Street Zen downgraded Kinross Gold from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. UBS Group cut their price target on shares of Kinross Gold from $38.00 to $30.00 and set a “buy” rating on the stock in a research note on Tuesday, June 30th. Freedom Capital upgraded shares of Kinross Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, May 18th. Scotiabank lowered their price objective on shares of Kinross Gold from $45.00 to $41.00 and set a “sector outperform” rating for the company in a research note on Tuesday, July 14th. Finally, Royal Bank Of Canada dropped their price objective 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 investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $38.43.

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.