TD Securities Cuts Kinross Gold (NYSE:KGC) Price Target to $35.00

Posted by Brenda Bartman on Sep 27th, 2026

Kinross Gold (NYSE:KGC – Free Report) (TSE:K) had its price target cut by TD Securities from $40.00 to $35.00 in a report released on Thursday,Benzinga reports. They currently have a buy rating on the mining company’s stock.

Other equities research analysts have also issued research reports about the stock. Scotiabank reduced their price target on shares of Kinross Gold from $41.00 to $39.00 and set an “outperform” rating for the company in a report on Thursday. Jefferies Financial Group reduced their price objective on shares of Kinross Gold from $41.00 to $38.00 and set a “buy” rating for the company in a research note on Monday, July 6th. Wall Street Zen lowered Kinross Gold from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. Weiss Ratings lowered Kinross Gold from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, July 28th. Finally, ATB Cormark Capital Markets upgraded Kinross Gold from a “hold” rating to a “moderate buy” rating in a report on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $37.70.

View Our Latest Stock Report on KGC

Kinross Gold Price Performance

NYSE:KGC opened at $25.07 on Thursday. The firm has a market capitalization of $29.70 billion, a price-to-earnings ratio of 9.50, a PEG ratio of 0.61 and a beta of 0.84. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.89 and a quick ratio of 1.95. The business has a 50 day simple moving average of $27.71 and a 200-day simple moving average of $28.33. Kinross Gold has a 1 year low of $22.01 and a 1 year high of $39.11.

Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) last released its earnings results on Wednesday, July 29th. The mining company reported $0.71 EPS for the quarter, beating analysts’ consensus estimates of $0.66 by $0.05. Kinross Gold had a return on equity of 34.00% and a net margin of 37.52%.The firm had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same quarter in the prior year, the firm posted $0.44 earnings per share. The company’s quarterly revenue was up 29.5% on a year-over-year basis. Equities analysts forecast that Kinross Gold will post 2.47 EPS for the current year.

Kinross Gold Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 20th were issued a $0.04 dividend. This represents a $0.16 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend was Thursday, August 20th. Kinross Gold’s payout ratio is presently 6.06%.

Institutional Investors Weigh In On Kinross Gold

A number of large investors have recently modified their holdings of the business. Continuum Advisory LLC purchased a new stake in shares of Kinross Gold in the second quarter valued at approximately $26,000. Ascentis Independent Advisors purchased a new stake in Kinross Gold in the 1st quarter valued at about $29,000. Caitlin John LLC lifted its holdings in shares of Kinross Gold by 42.1% in the 2nd quarter. Caitlin John LLC now owns 1,350 shares of the mining company’s stock worth $32,000 after acquiring an additional 400 shares during the last quarter. Manchester Capital Management LLC acquired a new stake in Kinross Gold in the 4th quarter valued at approximately $40,000. Finally, Geneos Wealth Management Inc. boosted its position in shares of 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 buying an additional 605 shares during the period. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Key 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 the stock through higher dividends, buybacks or other shareholder distributions. Kinross Gold Updates Production Outlook, Raises Capital Return Target
Positive Sentiment: Analysts remain broadly constructive despite lowering their targets. CIBC cut its target to $50 while maintaining an “outperformer” rating, and Scotia, Canaccord and TD retained “sector outperform” or “buy” ratings. Kinross Gold Stock Falls on Production Guidance Cuts and Price Target Reduction
Neutral Sentiment: Unusually heavy call-option activity was reported, with investors purchasing approximately 17,609 calls—about 183% above average volume. This may signal speculative bullish interest but does not necessarily indicate sustained buying.
Negative Sentiment: Kinross now expects annual 2026 and 2027 attributable production of approximately 1.84–1.86 million gold-equivalent ounces, 2%–3% below the low end of its prior guidance. Kinross Gold Updates Production Outlook, Raises Capital Return Target
Negative Sentiment: The company raised its 2026 cost-of-sales guidance to approximately $1,420–$1,460 per ounce and all-in sustaining costs to $1,850–$1,900 per ounce, pressuring expected margins.
Negative Sentiment: Operational problems at La Coipa in Chile—including severe weather, lower mining rates, weaker throughput and recovery issues—and lower mining rates, grades and recoveries at Round Mountain reduced expected output. Paracatu and Tasiast continue to perform well, and management indicated some affected ounces may be deferred rather than permanently lost. Kinross Gold shares tumble on weaker La Coipa, Round Mountain outlook
Negative Sentiment: Multiple brokers lowered their price targets, including TD to $35, Scotia to $39, Canaccord to $47 and CIBC to $50. A shareholder-law investigation notice also added reputational and legal uncertainty, although it represents an allegation rather than a finding of wrongdoing. Kinross Gold Investigation Notice

About Kinross Gold

(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.