Pacifica Partners Inc. Sells 26,090 Shares of Kinross Gold Corporation $KGC

Pacifica Partners Inc. lowered its holdings in shares of Kinross Gold Corporation (NYSE:KGC) (TSE:K) by 53.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,625 shares of the mining company’s stock after selling 26,090 shares during the quarter. Pacifica Partners Inc.’s holdings in Kinross Gold were worth $638,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Massachusetts Financial Services Co. MA increased its stake in Kinross Gold by 192.1% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,647,057 shares of the mining company’s stock worth $90,629,000 after buying an additional 2,398,621 shares during the period. Osaic Holdings Inc. lifted its holdings in Kinross Gold by 203.0% during the 2nd quarter. Osaic Holdings Inc. now owns 152,755 shares of the mining company’s stock valued at $2,388,000 after buying an additional 102,348 shares in the last quarter. U S Global Investors Inc. boosted its position in Kinross Gold by 60.5% in the 3rd quarter. U S Global Investors Inc. now owns 417,334 shares of the mining company’s stock valued at $10,371,000 after buying an additional 157,334 shares during the period. Dynasty Wealth Management LLC boosted its position in Kinross Gold by 185.4% in the 3rd quarter. Dynasty Wealth Management LLC now owns 226,215 shares of the mining company’s stock valued at $5,621,000 after buying an additional 146,955 shares during the period. Finally, Campbell & CO Investment Adviser LLC bought a new position in Kinross Gold in the 3rd quarter worth about $1,253,000. Institutional investors own 63.69% of the company’s stock.

Kinross Gold Trading Down 3.3%

KGC opened at $26.51 on Monday. The company has a current ratio of 2.35, a quick ratio of 1.37 and a debt-to-equity ratio of 0.08. The firm has a market cap of $31.75 billion, a price-to-earnings ratio of 13.53, a PEG ratio of 1.30 and a beta of 0.73. Kinross Gold Corporation has a 12 month low of $11.12 and a 12 month high of $39.11. The stock has a fifty day moving average price of $33.70 and a 200-day moving average price of $28.55.

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

Kinross Gold Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Wednesday, March 11th will be issued a $0.04 dividend. The ex-dividend date is Wednesday, March 11th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from Kinross Gold’s previous quarterly dividend of $0.04. Kinross Gold’s dividend payout ratio (DPR) is 8.16%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. UBS Group set a $43.00 target price on shares of Kinross Gold in a research report on Friday, January 30th. Canadian Imperial Bank of Commerce set a $54.00 price target on Kinross Gold in a report on Wednesday, February 4th. Weiss Ratings reissued a “buy (a)” rating on shares of Kinross Gold in a research note on Wednesday, January 28th. Zacks Research downgraded Kinross Gold from a “strong-buy” rating to a “hold” rating in a report on Friday, January 23rd. Finally, Scotiabank lifted their target price on Kinross Gold from $32.00 to $45.00 and gave the company an “outperform” rating in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $39.56.

Kinross Gold News Summary

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 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.