Haven Capital Group Inc. Raises Stock Position in Kinross Gold Corporation $KGC

Haven Capital Group Inc. increased its position in shares of Kinross Gold Corporation (NYSE:KGC) (TSE:K) by 106.9% in the 3rd quarter, HoldingsChannel reports. The fund owned 33,634 shares of the mining company’s stock after acquiring an additional 17,379 shares during the period. Kinross Gold makes up about 0.7% of Haven Capital Group Inc.’s portfolio, making the stock its 22nd largest holding. Haven Capital Group Inc.’s holdings in Kinross Gold were worth $836,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of KGC. Caitlin John LLC purchased a new position in Kinross Gold in the third quarter worth $26,000. GPS Wealth Strategies Group LLC purchased a new stake in shares of Kinross Gold during the 3rd quarter valued at $29,000. Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in shares of Kinross Gold in the 3rd quarter worth $31,000. Armstrong Advisory Group Inc. grew its stake in Kinross Gold by 95.6% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 1,467 shares of the mining company’s stock worth $36,000 after buying an additional 717 shares during the last quarter. Finally, Hollencrest Capital Management acquired a new position in Kinross Gold during the 3rd quarter valued at about $40,000. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Wall Street Analyst Weigh In

KGC has been the subject of several recent analyst reports. TD Securities lowered their price target on Kinross Gold from $43.00 to $42.00 and set a “buy” rating for the company in a report on Tuesday. Canadian Imperial Bank of Commerce set a $54.00 price objective on shares of Kinross Gold in a research report on Wednesday, February 4th. Zacks Research downgraded shares of Kinross Gold from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 23rd. Jefferies Financial Group restated a “buy” rating and set a $33.00 price target on shares of Kinross Gold in a research note on Sunday, December 7th. Finally, Desjardins initiated coverage on shares of Kinross Gold in a research note on Friday, November 28th. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $36.31.

Key Stories Impacting Kinross Gold

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

• Positive Sentiment: Zacks Research raised a string of quarterly and full‑year EPS forecasts for Kinross (multiple Q1–Q4 and FY2026–FY2028 lifts), materially boosting the earnings outlook—FY2026 was lifted to $2.55 and FY2027 to $2.49 in their updates. The upgrades suggest analysts see stronger near‑term profitability, which supports higher valuations.
• Positive Sentiment: Kinross reported a dividend increase and record cash flow (coverage and liquidity improvements cited), reinforcing the company’s balance‑sheet strength and shareholder return capacity. This underpins investor confidence in free cash flow generation. Dividend and cash flow report
• Positive Sentiment: Operational risk/efficiency: Kinross Brazil selected ISNetworld to standardize contractor management and safety/training tracking—this should reduce administrative burden and operational risk at a major operating jurisdiction. ISNetworld press release
• Neutral Sentiment: Analyst consensus: some outlets report an average rating around “Moderate Buy,” indicating mixed but generally constructive analyst sentiment; however, Zacks still carries a “Hold” rating despite the estimate increases. Analyst rating summary
• Negative Sentiment: TD Securities trimmed its price target slightly (from $43 to $42) while keeping a buy stance; that note coincided with an intraday ~8% drop earlier this week as investors reacted to the downgrade/target cut. The trim appears to have triggered short‑term selling despite the stronger earnings revisions. TD Securities note / intraday move BayStreet recap

Kinross Gold Price Performance

Shares of NYSE KGC opened at $33.95 on Thursday. Kinross Gold Corporation has a 52 week low of $10.42 and a 52 week high of $39.11. The business’s 50 day moving average price is $33.33 and its 200 day moving average price is $27.59. The company has a quick ratio of 1.37, a current ratio of 2.35 and a debt-to-equity ratio of 0.08. The firm has a market cap of $40.73 billion, a P/E ratio of 17.32, a P/E/G ratio of 1.65 and a beta of 0.73.

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

Kinross Gold Increases Dividend

The firm 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 dividend of $0.04 per share. This is a boost from Kinross Gold’s previous quarterly dividend of $0.04. This represents a $0.16 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Wednesday, March 11th. Kinross Gold’s payout ratio is presently 7.14%.

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.