Vise Technologies Inc. Makes New Investment in Kinross Gold Corporation $KGC

Vise Technologies Inc. bought a new stake in Kinross Gold Corporation (NYSE:KGC) (TSE:K) in the second quarter, HoldingsChannel reports. The fund bought 38,314 shares of the mining company’s stock, valued at approximately $905,000.

Several other large investors also recently modified their holdings of the business. Virtus Advisers LLC acquired a new stake in shares of Kinross Gold during the third quarter worth about $28,000. Ascentis Independent Advisors acquired a new position in shares of Kinross Gold in the 1st quarter valued at approximately $29,000. Harvest Fund Management Co. Ltd grew its position in shares of Kinross Gold by 85.2% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 1,280 shares of the mining company’s stock valued at $32,000 after purchasing an additional 589 shares during the period. Brown Brothers Harriman & Co. bought a new stake in Kinross Gold during the 3rd quarter worth approximately $38,000. Finally, Manchester Capital Management LLC bought a new stake in Kinross Gold during the 4th quarter worth approximately $40,000. 63.69% of the stock is currently owned by institutional investors.

Kinross Gold News Roundup

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

• Positive Sentiment: Gold prices remain a key catalyst for Kinross, because higher bullion prices can improve realized revenue, margins and free cash flow for the gold producer. This keeps KGC in focus as investors assess the outlook for precious-metals prices. What Puts Kinross Gold in Focus as Gold Prices Move?
• Neutral Sentiment: Investors are also monitoring Kinross’s cost outlook. Production costs are especially important if gold prices retreat, as higher costs could compress margins; the latest coverage focuses on this key profitability signal. What Is the Key Cost Signal for Kinross Gold?
• Negative Sentiment: Zacks Research lowered EPS forecasts across multiple periods and maintained a “Strong Sell” rating. Estimates fell for Q3 2026 to $0.57 from $0.76, FY2026 to $2.63 from $2.79, FY2027 to $2.48 from $2.83 and FY2028 to $2.36 from $2.78. Forecasts for several 2027 quarters were also reduced. Although Q4 2026 EPS was raised modestly to $0.64 from $0.62, the broader revisions imply weaker expected earnings growth and may pressure the shares.

Analyst Upgrades and Downgrades

Several analysts have commented on KGC shares. UBS Group dropped their target price on shares of Kinross Gold from $38.00 to $30.00 and set a “buy” rating on the stock in a report on Tuesday, June 30th. Jefferies Financial Group reduced their price target on shares of Kinross Gold from $41.00 to $38.00 and set a “buy” rating for the company in a report on Monday, July 6th. Royal Bank Of Canada lowered their price objective on shares of Kinross Gold from $40.00 to $39.00 and set an “outperform” rating for the company in a research report on Thursday, July 9th. Zacks Research lowered shares of Kinross Gold from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. Finally, Scotiabank cut their price objective on shares of Kinross Gold from $45.00 to $41.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, July 14th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Kinross Gold has a consensus rating of “Moderate Buy” and a consensus target price of $38.43.

Kinross Gold Stock Up 0.1%

NYSE:KGC opened at $32.78 on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.95 and a current ratio of 2.89. The company has a market cap of $38.88 billion, a PE ratio of 12.42, a PEG ratio of 0.88 and a beta of 0.78. Kinross Gold Corporation has a 52-week low of $19.19 and a 52-week high of $39.11. The stock has a 50-day simple moving average of $25.25 and a 200 day simple moving average of $29.10.

Kinross Gold (NYSE:KGC) (TSE:K) last announced its earnings results on Wednesday, July 29th. The mining company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. The business had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.24 billion. Kinross Gold had a return on equity of 34.00% and a net margin of 37.52%.Kinross Gold’s revenue for the quarter was up 29.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.44 EPS. On average, sell-side analysts expect that Kinross Gold Corporation will post 2.61 EPS for the current fiscal year.

Kinross Gold Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be issued a $0.04 dividend. The ex-dividend date is Thursday, August 20th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.5%. Kinross Gold’s dividend payout ratio (DPR) is 6.06%.

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.