Kinross Gold (NYSE:KGC) Given New $35.00 Price Target at TD

Posted by Brian Himes on Sep 24th, 2026

Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) had its target price cut by TD from $40.00 to $35.00 in a report issued on Thursday, BayStreet reports. The firm presently has a “buy” rating on the mining company’s stock. TD’s target price indicates a potential upside of 44.98% from the stock’s current price.

A number of other research analysts have also commented on the company. Royal Bank Of Canada cut their price target on Kinross Gold from $40.00 to $39.00 and set an “outperform” rating for the company in a report on Thursday, July 9th. Scotiabank cut their target price on shares of Kinross Gold from $41.00 to $39.00 and set an “outperform” rating for the company in a research note on Thursday. ATB Cormark Capital Markets raised shares of Kinross Gold from a “hold” rating to a “moderate buy” rating in a report on Friday, July 31st. UBS Group dropped their price objective 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. Finally, Wall Street Zen lowered shares of Kinross Gold from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. One analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $38.10.

Check Out Our Latest Stock Analysis on KGC

Kinross Gold Stock Performance

Kinross Gold stock traded down $3.48 on Thursday, reaching $24.14. 14,259,855 shares of the stock were exchanged, compared to its average volume of 9,410,186. 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 has a twelve month low of $22.01 and a twelve month high of $39.11. The firm has a fifty day moving average price of $27.63 and a two-hundred day moving average price of $28.41. The stock has a market cap of $28.60 billion, a PE ratio of 9.15, a PEG ratio of 0.70 and a beta of 0.84.

Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) last posted its quarterly earnings data on Wednesday, July 29th. The mining company reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.66 by $0.05. Kinross Gold had a return on equity of 34.00% and a net margin of 37.52%.The business had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter in the previous year, the firm earned $0.44 EPS. The firm’s revenue was up 29.5% compared to the same quarter last year. Sell-side analysts anticipate that Kinross Gold will post 2.56 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Continuum Advisory LLC acquired a new stake in Kinross Gold during the second quarter valued at approximately $26,000. Ascentis Independent Advisors acquired a new stake in Kinross Gold in the 1st quarter valued at $29,000. Caitlin John LLC boosted its stake in Kinross Gold by 42.1% in the 2nd quarter. Caitlin John LLC now owns 1,350 shares of the mining company’s stock valued at $32,000 after buying an additional 400 shares in the last quarter. Manchester Capital Management LLC bought a new stake in Kinross Gold in the fourth quarter valued at $40,000. Finally, Geneos Wealth Management Inc. raised its stake in Kinross Gold by 80.7% during the first quarter. Geneos Wealth Management Inc. now owns 1,355 shares of the mining company’s stock worth $41,000 after acquiring an additional 605 shares in the last quarter. Institutional investors own 63.69% of the company’s stock.

More Kinross Gold News

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

Positive Sentiment: Kinross raised its 2026 return-of-capital target to 50% of free cash flow, potentially supporting shareholder distributions despite the operational setbacks. Kinross Gold Updates Production Outlook, Raises Capital Return Target
Positive Sentiment: Scotiabank maintained a sector outperform rating, although it lowered its price target from $41 to $39. Other recent analyst targets remain above the current market level, indicating that some analysts still see substantial upside if operating performance improves. Scotiabank Adjusts Kinross Gold Price Target
Neutral Sentiment: Institutional positioning was mixed in the latest reported quarter, with some large investors adding shares while others reduced their holdings. This provides no clear near-term directional signal for KGC.
Negative Sentiment: Kinross now expects 2026 and 2027 attributable production of approximately 1.84 million to 1.86 million gold-equivalent ounces annually, or 2% to 3% below the low end of its prior guidance. Kinross Gold Lowers 2026 and 2027 Gold Production Outlook
Negative Sentiment: The company raised its 2026 cost guidance to approximately $1,420–$1,460 per ounce for production cost of sales and $1,850–$1,900 per ounce for all-in sustaining costs. Higher costs threaten margins and free cash flow.
Negative Sentiment: Operational problems at La Coipa in Chile—including severe winter weather, lower mining rates, weaker mill throughput and recovery issues—and at Round Mountain in Nevada, where grades, recoveries and mining rates were below expectations, drove the outlook reduction. Kinross Gold Operational Update

Kinross Gold Company Profile

(Get Free Report)

Kinross Gold Corporation is a Canadian gold mining company engaged in the acquisition, exploration, development and operation of gold properties. Its primary product is gold, which it produces through a portfolio of open-pit and underground mining operations, supported by processing facilities and related infrastructure.

The company’s operating portfolio spans the Americas and West Africa. Its assets include the Tasiast mine in Mauritania; the Paracatu mine in Brazil; the La Coipa mine in Chile; and the Fort Knox and Round Mountain mines in the United States.