BMO Capital Markets Lowers Kinross Gold (TSE:K) Price Target to C$48.00

Posted by George Bondi on Sep 24th, 2026

Kinross Gold (TSE:K – Get Free Report) (NYSE:KGC) had its price objective reduced by analysts at BMO Capital Markets from C$49.00 to C$48.00 in a research report issued to clients and investors on Thursday, BayStreet reports. The brokerage currently has an “outperform” rating on the stock. BMO Capital Markets’ price target suggests a potential upside of 40.47% from the company’s previous close.

Several other research firms also recently issued reports on K. National Bank Financial dropped their price objective on Kinross Gold from C$50.00 to C$47.50 and set an “outperform” rating on the stock in a report on Friday, July 31st. Desjardins reduced their target price on Kinross Gold from C$58.00 to C$53.00 and set a “buy” rating for the company in a research note on Thursday. ATB Cormark Capital Markets upgraded shares of Kinross Gold from a “hold” rating to a “moderate buy” rating and lifted their price target for the stock from C$41.00 to C$45.00 in a research note on Friday, July 31st. Finally, Jefferies Financial Group cut their price target on shares of Kinross Gold from C$41.00 to C$38.00 in a report on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of C$47.64.

Get Our Latest Analysis on Kinross Gold

Kinross Gold Stock Down 12.2%

K stock traded down C$4.74 during trading on Thursday, reaching C$34.17. The stock had a trading volume of 4,304,052 shares, compared to its average volume of 3,756,096. The company has a current ratio of 2.89, a quick ratio of 1.11 and a debt-to-equity ratio of 7.65. The firm has a fifty day moving average price of C$38.48 and a 200 day moving average price of C$39.44. The company has a market capitalization of C$40.80 billion, a P/E ratio of 12.99, a PEG ratio of -0.60 and a beta of 1.68. Kinross Gold has a 1-year low of C$30.93 and a 1-year high of C$53.57.

Kinross Gold (TSE:K – Get Free Report) (NYSE:KGC) last announced its earnings results on Wednesday, July 29th. The company reported C$1.01 earnings per share for the quarter. Kinross Gold had a return on equity of 35.91% and a net margin of 37.56%.The company had revenue of C$3.18 billion during the quarter. On average, equities analysts anticipate that Kinross Gold will post 1.0071259 earnings per share for the current year.

Insider Transactions at Kinross Gold

In related news, insider Daniel Fombonne sold 2,003 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of C$38.48, for a total transaction of C$77,075.44. Following the transaction, the insider directly owned 16,155 shares in the company, valued at C$621,644.40. This trade represents a 11.03% decrease in their ownership of the stock. Also, insider Laurence Davies sold 1,335 shares of Kinross Gold stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of C$38.48, for a total transaction of C$51,370.80. Following the completion of the transaction, the insider directly owned 11,855 shares of the company’s stock, valued at approximately C$456,180.40. This represents a 10.12% decrease in their position. In the last quarter, insiders sold 33,338 shares of company stock worth $1,351,546. 0.26% of the stock is currently owned by corporate insiders.

Kinross Gold Company Profile

(Get Free Report)

Kinross Gold is a Canada-based senior gold producer, producing roughly 2.4 million gold equivalent ounces in 2020. The company had 30 million ounces of proven and probable gold reserves and 59 million ounces of silver reserves at the end of 2020. It operates mines and focuses its greenfield and brownfield exploration in the Americas, West Africa, and Russia. The company has historically used acquisitions to fuel expansion into new regions and production growth.