OMERS ADMINISTRATION Corp Buys Shares of 33,274 Kinross Gold Corporation $KGC

OMERS ADMINISTRATION Corp purchased a new position in shares of Kinross Gold Corporation (NYSE:KGC) (TSE:K) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 33,274 shares of the mining company’s stock, valued at approximately $1,014,000.

Several other large investors have also bought and sold shares of KGC. Vanguard Group Inc. increased its position in Kinross Gold by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 50,887,386 shares of the mining company’s stock worth $1,433,345,000 after purchasing an additional 148,845 shares in the last quarter. Boston Partners raised its position in Kinross Gold by 1.6% during the 3rd quarter. Boston Partners now owns 45,120,345 shares of the mining company’s stock worth $1,133,463,000 after purchasing an additional 707,498 shares during the last quarter. FIL Ltd lifted its holdings in Kinross Gold by 4.8% during the 4th quarter. FIL Ltd now owns 29,146,959 shares of the mining company’s stock worth $820,969,000 after buying an additional 1,326,833 shares during the period. Renaissance Technologies LLC increased its stake in shares of Kinross Gold by 2.3% in the first quarter. Renaissance Technologies LLC now owns 25,546,413 shares of the mining company’s stock valued at $779,677,000 after buying an additional 571,100 shares during the period. Finally, Norges Bank bought a new position in shares of Kinross Gold during the fourth quarter worth about $518,656,000. 63.69% of the stock is owned by institutional investors and hedge funds.

Kinross Gold Stock Up 1.8%

Shares of NYSE:KGC opened at $23.63 on Friday. The firm has a fifty day moving average of $25.36 and a 200 day moving average of $29.98. Kinross Gold Corporation has a 52-week low of $15.78 and a 52-week high of $39.11. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.83 and a current ratio of 2.84. The firm has a market capitalization of $28.04 billion, a PE ratio of 8.95, a price-to-earnings-growth ratio of 0.62 and a beta of 0.78.

Kinross Gold (NYSE:KGC) (TSE:K) last announced its quarterly earnings data on Wednesday, July 29th. The mining company reported $0.71 EPS for the quarter, beating the consensus estimate of $0.66 by $0.05. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.24 billion. Kinross Gold had a return on equity of 35.09% and a net margin of 37.52%.The company’s revenue was up 29.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.44 EPS. As a group, research analysts anticipate that Kinross Gold Corporation will post 2.65 EPS for the current fiscal year.

Kinross Gold Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, August 20th. Kinross Gold’s dividend payout ratio is presently 6.78%.

Key Stories Impacting Kinross Gold

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

• Positive Sentiment: Kinross produced 492,000 gold-equivalent ounces in the second quarter and generated more than $725 million in free cash flow. Management said disciplined cost control supported robust margins and reaffirmed its ability to meet full-year production and cost guidance. Kinross Gold Q2 2026 earnings call highlights
• Positive Sentiment: Adjusted earnings were $0.71 per share, ahead of the $0.66 consensus estimate and up from $0.44 a year earlier. Year-over-year revenue increased 29.5%, while the company returned approximately 40% of free cash flow—more than $600 million year to date—to shareholders. Kinross reports strong second-quarter results
• Positive Sentiment: The Lobo-Marte project is expected to add about 350,000 ounces of average annual production at an estimated all-in sustaining cost of approximately $1,000 per ounce. Its estimated net present value is $4.3 billion, and permitting, engineering and execution planning are progressing on schedule, strengthening Kinross’s future growth profile. Kinross Lobo-Marte project update
• Neutral Sentiment: The board declared a quarterly dividend of $0.04 per share, payable September 3 to shareholders of record August 20. The dividend provides ongoing shareholder income, although its approximately 0.7% annualized yield is modest. Kinross quarterly dividend announcement
• Negative Sentiment: Quarterly revenue of $2.22 billion was slightly below the $2.24 billion analyst estimate, suggesting that the earnings beat was driven more by margins and cost management than by sales strength. Kinross Gold Q2 earnings results

Analyst Ratings Changes

A number of research analysts have recently issued reports on KGC shares. Freedom Capital upgraded shares of Kinross Gold from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Wall Street Zen downgraded shares of Kinross Gold from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 24th. Weiss Ratings lowered Kinross Gold from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday. UBS Group cut their target price on Kinross Gold from $38.00 to $30.00 and set a “buy” rating on the stock in a research report on Tuesday, June 30th. Finally, Royal Bank Of Canada decreased their price target 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 equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Kinross Gold has a consensus rating of “Moderate Buy” and an average target price of $37.31.

About Kinross Gold

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.