NewEdge Advisors LLC Sells 30,603 Shares of Kinross Gold Corporation $KGC

Posted by Stanley Muller on Aug 20th, 2026

NewEdge Advisors LLC cut its position in shares of Kinross Gold Corporation (NYSE:KGC – Free Report) (TSE:K) by 53.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,247 shares of the mining company’s stock after selling 30,603 shares during the quarter. NewEdge Advisors LLC’s holdings in Kinross Gold were worth $801,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Kinross Gold by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 50,887,386 shares of the mining company’s stock valued at $1,433,345,000 after buying an additional 148,845 shares during the period. Boston Partners grew its holdings in Kinross Gold by 1.6% during the 3rd quarter. Boston Partners now owns 45,120,345 shares of the mining company’s stock worth $1,133,463,000 after acquiring an additional 707,498 shares during the period. FIL Ltd grew its holdings in Kinross Gold by 4.8% during the 4th quarter. FIL Ltd now owns 29,146,959 shares of the mining company’s stock worth $820,969,000 after acquiring an additional 1,326,833 shares during the period. Renaissance Technologies LLC raised its position in shares of Kinross Gold by 2.3% in the 1st quarter. Renaissance Technologies LLC now owns 25,546,413 shares of the mining company’s stock worth $779,677,000 after acquiring an additional 571,100 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Kinross Gold in the 4th quarter worth about $518,656,000. Institutional investors own 63.69% of the company’s stock.

Kinross Gold Trading Up 10.4%

KGC opened at $29.93 on Thursday. The company has a fifty day moving average price of $24.97 and a two-hundred day moving average price of $29.09. Kinross Gold Corporation has a 1-year low of $18.74 and a 1-year high of $39.11. The company has a market cap of $35.50 billion, a P/E ratio of 11.34, a price-to-earnings-growth ratio of 0.73 and a beta of 0.78. The company has a current ratio of 2.89, a quick ratio of 1.95 and a debt-to-equity ratio of 0.08.

Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) last released its quarterly earnings data on Wednesday, July 29th. The mining company reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.66 by $0.05. The company 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 34.00%. The business’s revenue was up 29.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.44 EPS. Analysts predict that Kinross Gold Corporation will post 2.63 EPS for the current fiscal year.

Kinross Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th 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 of this dividend is Thursday, August 20th. Kinross Gold’s dividend payout ratio (DPR) is 6.06%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on KGC. Scotiabank dropped their price objective on Kinross Gold from $45.00 to $41.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, July 14th. Freedom Capital raised Kinross Gold from a “hold” rating to a “strong-buy” rating in a research note on Monday, May 18th. Wall Street Zen downgraded Kinross Gold from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Royal Bank Of Canada dropped their price target on Kinross Gold from $40.00 to $39.00 and set an “outperform” rating on the stock in a research note on Thursday, July 9th. Finally, Zacks Research cut Kinross Gold from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $38.43.

View Our Latest Research Report on Kinross Gold

Kinross Gold Profile

(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.