Groupe la Francaise Increases Stock Position in Kinross Gold Corporation $KGC

Groupe la Francaise raised its holdings in Kinross Gold Corporation (NYSE:KGC) (TSE:K) by 48.1% during the first quarter, HoldingsChannel reports. The firm owned 1,000,000 shares of the mining company’s stock after buying an additional 325,000 shares during the period. Groupe la Francaise’s holdings in Kinross Gold were worth $30,472,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. V Square Quantitative Management LLC purchased a new position in Kinross Gold in the 4th quarter valued at $26,000. Financial Management Professionals Inc. purchased a new position in Kinross Gold during the 4th quarter worth $26,000. Virtus Advisers LLC acquired a new stake in shares of Kinross Gold in the 3rd quarter worth $28,000. Ascentis Independent Advisors purchased a new stake in shares of Kinross Gold in the first quarter valued at about $29,000. Finally, Harvest Fund Management Co. Ltd boosted its holdings in shares of Kinross Gold by 85.2% in the third quarter. Harvest Fund Management Co. Ltd now owns 1,280 shares of the mining company’s stock valued at $32,000 after acquiring an additional 589 shares in the last quarter. Institutional investors and hedge funds own 63.69% of the company’s stock.

Kinross Gold News Roundup

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

• Positive Sentiment: Kinross produced 492,000 gold-equivalent ounces in the second quarter and generated more than $725 million in free cash flow. Management said disciplined cost control supported robust margins and reaffirmed its ability to meet full-year production and cost guidance. Kinross Gold Q2 2026 earnings call highlights
• Positive Sentiment: Adjusted earnings were $0.71 per share, ahead of the $0.66 consensus estimate and up from $0.44 a year earlier. Year-over-year revenue increased 29.5%, while the company returned approximately 40% of free cash flow—more than $600 million year to date—to shareholders. Kinross reports strong second-quarter results
• Positive Sentiment: The Lobo-Marte project is expected to add about 350,000 ounces of average annual production at an estimated all-in sustaining cost of approximately $1,000 per ounce. Its estimated net present value is $4.3 billion, and permitting, engineering and execution planning are progressing on schedule, strengthening Kinross’s future growth profile. Kinross Lobo-Marte project update
• Neutral Sentiment: The board declared a quarterly dividend of $0.04 per share, payable September 3 to shareholders of record August 20. The dividend provides ongoing shareholder income, although its approximately 0.7% annualized yield is modest. Kinross quarterly dividend announcement
• Negative Sentiment: Quarterly revenue of $2.22 billion was slightly below the $2.24 billion analyst estimate, suggesting that the earnings beat was driven more by margins and cost management than by sales strength. Kinross Gold Q2 earnings results

Kinross Gold Price Performance

Shares of NYSE KGC opened at $23.63 on Friday. The firm has a market capitalization of $28.04 billion, a P/E ratio of 8.95, a PEG ratio of 0.62 and a beta of 0.78. Kinross Gold Corporation has a one year low of $15.78 and a one year high of $39.11. The company’s fifty day moving average is $25.36 and its two-hundred day moving average is $29.98. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.83 and a current ratio of 2.84.

Kinross Gold (NYSE:KGC) (TSE:K) last posted its quarterly earnings results on Wednesday, July 29th. The mining company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.05. The business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Kinross Gold had a net margin of 37.52% and a return on equity of 35.09%. The business’s revenue for the quarter was up 29.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.44 EPS. Analysts forecast that Kinross Gold Corporation will post 2.65 EPS for the current fiscal year.

Kinross Gold Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th will be given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 0.7%. The ex-dividend date is Thursday, August 20th. Kinross Gold’s dividend payout ratio is presently 6.78%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Zacks Research lowered shares of Kinross Gold from a “hold” rating to a “strong sell” rating in a research note on Monday, July 13th. ATB Cormark Capital Markets raised Kinross Gold from a “hold” rating to a “moderate buy” rating in a report on Friday, May 1st. Weiss Ratings cut Kinross Gold from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday. Jefferies Financial Group dropped their target price on Kinross Gold from $41.00 to $38.00 and set a “buy” rating on the stock in a research report on Monday, July 6th. Finally, Scotiabank cut their target price on Kinross Gold from $45.00 to $41.00 and set a “sector outperform” rating for the company in a research note on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $37.31.

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.