Kinross Gold (NYSE:KGC) Rating Lowered to “Buy” at Wall Street Zen

Kinross Gold (NYSE:KGC) (TSE:K) was downgraded by investment analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Monday.

Several other research firms have also recently commented on KGC. Canadian Imperial Bank of Commerce set a $54.00 target price on Kinross Gold in a research note on Wednesday, February 4th. Scotiabank upped their price target on shares of Kinross Gold from $32.00 to $45.00 and gave the company an “outperform” rating in a report on Monday, January 26th. 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 research note on Friday, November 28th. They issued a “buy” rating on the stock. Finally, UBS Group set a $43.00 price target on shares of Kinross Gold in a research report on Friday, January 30th. Two 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 data from MarketBeat.com, Kinross Gold currently has a consensus rating of “Moderate Buy” and a consensus target price of $36.31.

Kinross Gold Stock Performance

NYSE:KGC opened at $33.79 on Monday. The firm has a 50-day moving average of $33.23 and a two-hundred day moving average of $27.54. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.35 and a quick ratio of 1.37. The stock has a market cap of $40.54 billion, a P/E ratio of 17.24, a PEG ratio of 1.85 and a beta of 0.73. Kinross Gold has a 1-year low of $10.42 and a 1-year high of $39.11.

Kinross Gold (NYSE:KGC) (TSE:K) last released its quarterly earnings results on Wednesday, February 18th. The mining company reported $0.67 EPS for the quarter, topping 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 in the previous year, the firm posted $0.20 earnings per share. The company’s revenue was up 42.9% compared to the same quarter last year. On average, research analysts expect that Kinross Gold will post 0.81 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Kinross Gold

Institutional investors and hedge funds have recently bought and sold shares of the business. AQR Capital Management LLC lifted its position in Kinross Gold by 35.1% in the 1st quarter. AQR Capital Management LLC now owns 70,370 shares of the mining company’s stock valued at $887,000 after purchasing an additional 18,287 shares during the last quarter. Caxton Associates LLP acquired a new stake in shares of Kinross Gold in the first quarter valued at approximately $158,000. Sivia Capital Partners LLC bought a new stake in shares of Kinross Gold during the second quarter valued at approximately $167,000. Envestnet Asset Management Inc. raised its holdings in shares of Kinross Gold by 7.1% during the second 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 during the last quarter. Finally, Atria Investments Inc boosted its position in shares of Kinross Gold by 14.2% during the second quarter. Atria Investments Inc now owns 16,660 shares of the mining company’s stock worth $260,000 after buying an additional 2,076 shares during the period. Institutional investors and hedge funds own 63.69% of the company’s stock.

Trending Headlines about Kinross Gold

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

• Positive Sentiment: Company reported stronger cash flow and announced a dividend increase, highlighting improved free cash generation and returning capital to shareholders. This is a fundamental positive that supports the stock long term. Kinross record cash flow & dividend
• Positive Sentiment: Zacks increased near‑term EPS estimates (Q3 2026/Q3 2027) and published FY2028 outlook, indicating analysts see better earnings trajectory ahead even though the firm rates KGC a “Hold.” Upward estimate revisions are supportive for the stock. Zacks EPS revisions
• Positive Sentiment: Kinross Brazil selected ISNetworld to standardize contractor management — a small but constructive operational move that should help improve safety, compliance and cost controls at Brazilian operations. Kinross Brazil selects ISNetworld
• Neutral Sentiment: TD Securities lowered its price target from $43 to $42 but kept a “Buy” rating — a modestly negative signal (target trimmed) offset by an unchanged buying view and a cited ~25% upside from the then‑price. This mixed action can pressure the stock short term while still implying upside. TD Securities target cut
• Neutral Sentiment: Wall Street Zen changed its rating to “Buy” (coverage note), which is not a strong bullish consensus shift and likely had limited impact relative to larger broker notes. Wall Street Zen rating
• Neutral Sentiment: One listed item (JungKwanJang / Korea Ginseng Corporation) is unrelated to Kinross Gold and has no material relevance to KGC equity performance. Unrelated Korea Ginseng item

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.