Cape Ann Asset Management Ltd Boosts Stake in Kinross Gold Corporation $KGC

Posted by Brenda Bartman on Jun 13th, 2026

Cape Ann Asset Management Ltd raised its position in Kinross Gold Corporation (NYSE:KGC – Free Report) (TSE:K) by 0.9% during the fourth quarter, Holdings Channel reports. The fund owned 3,538,238 shares of the mining company’s stock after acquiring an additional 30,300 shares during the period. Kinross Gold comprises approximately 27.1% of Cape Ann Asset Management Ltd’s investment portfolio, making the stock its biggest position. Cape Ann Asset Management Ltd’s holdings in Kinross Gold were worth $99,637,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. V Square Quantitative Management LLC purchased a new stake in Kinross Gold in the fourth quarter worth about $26,000. Financial Management Professionals Inc. purchased a new stake in Kinross Gold in the fourth quarter worth about $26,000. Caitlin John LLC purchased a new stake in Kinross Gold in the third quarter worth about $26,000. Virtus Advisers LLC purchased a new stake in Kinross Gold in the third quarter worth about $28,000. Finally, Elevated Capital Advisors LLC purchased a new stake in Kinross Gold in the fourth quarter worth about $36,000. Institutional investors own 63.69% of the company’s stock.

Kinross Gold Stock Up 2.8%

Shares of KGC stock opened at $25.56 on Friday. Kinross Gold Corporation has a 1-year low of $14.71 and a 1-year high of $39.11. The stock’s fifty day moving average price is $30.23 and its 200 day moving average price is $30.91. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.84 and a quick ratio of 1.83. The company has a market cap of $30.48 billion, a price-to-earnings ratio of 10.83, a price-to-earnings-growth ratio of 0.88 and a beta of 0.71.

Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) last announced its earnings results on Wednesday, April 29th. The mining company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.03. Kinross Gold had a return on equity of 32.47% and a net margin of 35.99%.The firm had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.38 billion. During the same period in the previous year, the business earned $0.30 EPS. The firm’s revenue for the quarter was up 60.8% on a year-over-year basis. On average, research analysts expect that Kinross Gold Corporation will post 2.91 earnings per share for the current fiscal year.

Kinross Gold Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were given a dividend of $0.04 per share. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $0.16 dividend on an annualized basis and a yield of 0.6%. Kinross Gold’s payout ratio is currently 6.78%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. ATB Cormark Capital Markets upgraded Kinross Gold from a “hold” rating to a “moderate buy” rating in a research report on Friday, May 1st. TD Securities cut their target price on Kinross Gold from $43.00 to $42.00 and set a “buy” rating for the company in a research report on Tuesday, March 3rd. Weiss Ratings cut Kinross Gold from a “buy (b+)” rating to a “buy (b)” rating in a research report on Wednesday, June 3rd. Wall Street Zen cut Kinross Gold from a “strong-buy” rating to a “buy” rating in a report on Sunday, May 24th. Finally, UBS Group cut their price target on Kinross Gold from $43.00 to $37.00 and set a “buy” rating for the company in a report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $38.81.

Get Our Latest Report on Kinross Gold

About Kinross Gold

(Free Report)

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.