Triasima Portfolio Management inc. Has $21.84 Million Stock Holdings in Kinross Gold Corporation $KGC

Triasima Portfolio Management inc. reduced its holdings in Kinross Gold Corporation (NYSE:KGC) (TSE:K) by 5.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 774,257 shares of the mining company’s stock after selling 40,704 shares during the quarter. Kinross Gold accounts for about 3.3% of Triasima Portfolio Management inc.’s investment portfolio, making the stock its 4th largest holding. Triasima Portfolio Management inc.’s holdings in Kinross Gold were worth $21,837,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. PKO Investment Management Joint Stock Co increased its holdings in shares of Kinross Gold by 7.3% in the fourth quarter. PKO Investment Management Joint Stock Co now owns 482,806 shares of the mining company’s stock worth $13,624,000 after acquiring an additional 32,800 shares in the last quarter. Benjamin Edwards Inc. grew its holdings in shares of Kinross Gold by 23.9% during the fourth quarter. Benjamin Edwards Inc. now owns 13,050 shares of the mining company’s stock worth $367,000 after buying an additional 2,517 shares in the last quarter. LMG Wealth Partners LLC grew its holdings in shares of Kinross Gold by 3.9% during the fourth quarter. LMG Wealth Partners LLC now owns 61,846 shares of the mining company’s stock worth $1,742,000 after buying an additional 2,347 shares in the last quarter. Fifth Third Bancorp grew its holdings in shares of Kinross Gold by 48.7% during the fourth quarter. Fifth Third Bancorp now owns 1,879 shares of the mining company’s stock worth $53,000 after buying an additional 615 shares in the last quarter. Finally, Mutual Advisors LLC grew its holdings in shares of Kinross Gold by 53.4% during the fourth quarter. Mutual Advisors LLC now owns 28,433 shares of the mining company’s stock worth $801,000 after buying an additional 9,901 shares in the last quarter. 63.69% of the stock is currently owned by institutional investors.

Kinross Gold Stock Up 0.0%

KGC stock opened at $29.55 on Monday. The company has a quick ratio of 1.83, a current ratio of 2.84 and a debt-to-equity ratio of 0.08. The business has a 50 day moving average price of $32.10 and a two-hundred day moving average price of $30.12. The company has a market cap of $35.29 billion, a price-to-earnings ratio of 12.52, a P/E/G ratio of 1.11 and a beta of 0.73. Kinross Gold Corporation has a twelve month low of $13.28 and a twelve month high of $39.11.

Kinross Gold (NYSE:KGC) (TSE:K) last posted its quarterly earnings results on Wednesday, April 29th. The mining company reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.03. The firm had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.38 billion. Kinross Gold had a return on equity of 32.47% and a net margin of 35.99%.The business’s revenue was up 60.8% compared to the same quarter last year. During the same period last year, the company earned $0.30 earnings per share. Analysts anticipate that Kinross Gold Corporation will post 2.78 EPS for the current fiscal year.

Kinross Gold Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, May 21st. Kinross Gold’s dividend payout ratio (DPR) is currently 6.78%.

Key Headlines Impacting Kinross Gold

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

• Positive Sentiment: Record Q1 free cash flow (US$837.5M), net income ~US$843M and EPS that beat estimates — these underpin the company’s strong cash generation and justify increased shareholder returns. Kinross Gold (TSX:K) Is Down 6.3% After Record Q1 Free Cash Flow And Payouts To Shareholders
• Positive Sentiment: Company returned roughly US$350M to shareholders year-to-date (US$250.1M in buybacks this quarter) and declared a US$0.04 quarterly dividend — signals management focus on cash returns and buybacks that reduce share count. Kinross declares quarterly dividend
• Positive Sentiment: Analyst support remains: Stifel Canada maintained a Buy rating and C$65 price target after Q1, keeping institutional conviction intact. Kinross Gold Maintained at Buy at Stifel Canada Following Q1 Results; Price Target Kept atC$65.00
• Positive Sentiment: Goldman Sachs has Kinross among its top gold picks and the Peak Gold JV (Lucky Shot) is showing drilling progress — potential upside from development pipeline execution. Kinross Gold Corporation (KGC) Asserts Status as one of Goldman Sachs top Gold Stock Picks
• Neutral Sentiment: Annual meeting results showed strong shareholder backing for the board — governance continuity, no immediate corporate-control concerns. Kinross announces Annual Shareholder Meeting voting results
• Neutral Sentiment: Q1 results: EPS and margins beat, revenue was up sharply year-over-year but missed consensus by a narrow margin (US$2.37B vs US$2.38B) — overall positive operational trend but a mixed top-line print. Kinross Gold Q1 results and slide deck
• Negative Sentiment: Despite cash generation, the declared dividend yields ~0.5% — modest income appeal versus peers; small revenue miss and recent run-up make the stock vulnerable to profit-taking and rotation. Compared to Estimates, Kinross Gold (KGC) Q1 Earnings: A Look at Key Metrics

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on KGC. Weiss Ratings downgraded Kinross Gold from a “buy (a+)” rating to a “buy (a-)” rating in a report on Friday. UBS Group decreased their price objective on Kinross Gold from $43.00 to $37.00 and set a “buy” rating for the company in a report on Friday, March 27th. ATB Cormark Capital Markets upgraded Kinross Gold from a “hold” rating to a “moderate buy” rating in a report on Friday. Scotiabank increased their price objective on Kinross Gold from $32.00 to $45.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. Finally, Canadian Imperial Bank of Commerce set a $54.00 price objective on Kinross Gold in a report on Wednesday, February 4th. 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $38.81.

Kinross Gold Company 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.