Kinross Gold (NYSE:KGC) Stock Sees Unusually High Call Option Buying

Kinross Gold Corporation (NYSE:KGC) (TSE:K) was the target of unusually large options trading activity on Wednesday. Stock traders purchased 23,674 call options on the company. This represents an increase of 236% compared to the average daily volume of 7,053 call options.

More Kinross Gold News

Investors following KGC have been watching these news items:

• Positive Sentiment: Unusually high call-option activity was reported Wednesday: investors bought 23,674 KGC calls, about 236% above typical volume. This may indicate bullish positioning, though options activity alone does not confirm a change in fundamentals. Options activity report
• Negative Sentiment: Several law firms publicized a securities class action covering investors who bought Kinross shares from February 18 through September 23, 2026; the lead-plaintiff deadline is January 5, 2027. The complaint alleges Kinross and executives misrepresented or reaffirmed production guidance, including claims that the company lacked resources to meet it. These are allegations, not established findings, but the litigation could add reputational and legal uncertainty. Class action notice
• Negative Sentiment: The notices point to a September 23 disclosure and an 11.5% share-price decline, while one report says Kinross trimmed production guidance after ongoing concerns about recoveries at Round Mountain. Lower expected production can weigh on revenue and investor confidence, helping explain the recent pressure on KGC shares. Shareholder alert and analyst commentary

Kinross Gold Stock Down 3.5%

Kinross Gold stock opened at $20.72 on Friday. Kinross Gold has a fifty-two week low of $19.70 and a fifty-two week high of $39.11. The stock has a market cap of $24.31 billion, a PE ratio of 7.82, a price-to-earnings-growth ratio of 0.70 and a beta of 0.83. The firm’s 50-day simple moving average is $24.57 and its 200 day simple moving average is $28.22. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.89 and a current ratio of 2.87.

Kinross Gold (NYSE:KGC) (TSE:K) last posted its quarterly earnings data on Wednesday, October 28th. The mining company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.46 by $0.04. Kinross Gold had a net margin of 37.62% and a return on equity of 32.84%. The firm had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.94 billion. Research analysts predict that Kinross Gold will post 2.40 EPS for the current fiscal year.

Kinross Gold Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 3rd. Investors of record on Thursday, November 19th will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Thursday, November 19th. Kinross Gold’s dividend payout ratio (DPR) is presently 6.04%.

Institutional Trading of Kinross Gold

A number of hedge funds have recently bought and sold shares of the business. Bleakley Financial Group LLC grew its stake in Kinross Gold by 35.2% in the 3rd quarter. Bleakley Financial Group LLC now owns 16,092 shares of the mining company’s stock valued at $388,000 after purchasing an additional 4,188 shares during the period. One Wealth Advisors LLC raised its stake in shares of Kinross Gold by 34.7% during the 3rd quarter. One Wealth Advisors LLC now owns 20,316 shares of the mining company’s stock worth $489,000 after purchasing an additional 5,236 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in shares of Kinross Gold by 14.0% during the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 1,666,244 shares of the mining company’s stock worth $40,161,000 after purchasing an additional 204,858 shares during the period. Gabelli Funds LLC boosted its holdings in shares of Kinross Gold by 0.3% in the 3rd quarter. Gabelli Funds LLC now owns 2,040,500 shares of the mining company’s stock worth $49,135,000 after buying an additional 5,300 shares during the last quarter. Finally, AlphaGrep UK Ltd purchased a new position in shares of Kinross Gold in the 3rd quarter worth about $226,000. 63.69% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Citigroup reissued a “buy” rating on shares of Kinross Gold in a report on Monday, September 28th. Canaccord Genuity Group decreased their price objective on shares of Kinross Gold from $52.00 to $47.00 and set a “buy” rating for the company in a research report on Thursday, September 24th. TD lowered their target price on Kinross Gold from $40.00 to $35.00 and set a “buy” rating for the company in a report on Thursday, September 24th. Scotia dropped their price objective on shares of Kinross Gold from $41.00 to $39.00 and set a “sector outperform” rating on the stock in a report on Thursday, September 24th. Finally, Wall Street Zen cut shares of Kinross Gold from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $37.98.

About Kinross Gold

Kinross Gold Corporation is a Toronto-based gold mining company engaged in the exploration, development and operation of gold mines. Its principal product is gold, with silver also produced at some operations. The company operates mines in the United States, Brazil, Chile and Mauritania. Its activities span the mining process, from identifying and developing mineral deposits to extracting and processing ore. Founded in 1993, Kinross has grown through acquisitions and the development of mining projects across the Americas and West Africa.