Traders Purchase Large Volume of Call Options on Kinross Gold (NYSE:KGC)

Posted by Brian Himes on Nov 11th, 2026

Kinross Gold Corporation (NYSE:KGC – Get Free Report) (TSE:K) saw some unusual options trading activity on Wednesday. Stock investors bought 23,674 call options on the stock. This is an increase of approximately 236% compared to the typical volume of 7,053 call options.

Kinross Gold News Roundup

These are some of the KGC news items that stood out recently:

Positive Sentiment: Traders bought 23,674 KGC call options on Wednesday, about 236% above typical daily volume. The activity may indicate increased bullish positioning, although options volume alone does not establish the market’s overall outlook.
Negative Sentiment: Multiple law firms publicized a securities class action covering investors who acquired Kinross shares from February 18 through September 23, 2026. The lawsuit alleges the company misrepresented its ability to deliver a stable production profile and meet projections, including amid production declines at Round Mountain Phase S. The notices cite a prior 11.5% stock drop following mining-issues disclosures; investors have until January 5, 2027, to seek lead-plaintiff status. Repeated notices largely concern the same lawsuit, rather than separate cases. Class action notice Shareholder alert and allegations

Kinross Gold Stock Performance

NYSE KGC traded up $0.06 during trading hours on Wednesday, hitting $21.59. The company’s stock had a trading volume of 2,217,217 shares, compared to its average volume of 9,210,804. The company has a market cap of $25.33 billion, a P/E ratio of 8.15, a price-to-earnings-growth ratio of 0.75 and a beta of 0.83. The company has a debt-to-equity ratio of 0.07, a current ratio of 2.87 and a quick ratio of 1.89. The company’s 50 day simple moving average is $24.92 and its two-hundred day simple moving average is $28.38. Kinross Gold has a 12 month low of $19.70 and a 12 month high of $39.11.

Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) last released its quarterly earnings results on Wednesday, October 28th. The mining company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.04. The firm had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.94 billion. Kinross Gold had a return on equity of 32.84% and a net margin of 37.62%. As a group, sell-side analysts expect that Kinross Gold will post 2.39 EPS for the current fiscal year.

Kinross Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 3rd. Stockholders of record on Thursday, November 19th will be given a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, November 19th. Kinross Gold’s payout ratio is presently 6.04%.

Institutional Investors Weigh In On Kinross Gold

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ascentis Independent Advisors bought a new stake in Kinross Gold during the 1st quarter worth approximately $29,000. Continuum Advisory LLC bought a new position in shares of Kinross Gold in the second quarter worth approximately $26,000. Gen Wealth Partners Inc bought a new position in shares of Kinross Gold in the third quarter worth approximately $30,000. Caitlin John LLC increased its stake in shares of Kinross Gold by 42.1% in the second quarter. Caitlin John LLC now owns 1,350 shares of the mining company’s stock worth $32,000 after purchasing an additional 400 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in shares of Kinross Gold by 80.7% in the first quarter. Geneos Wealth Management Inc. now owns 1,355 shares of the mining company’s stock worth $41,000 after purchasing an additional 605 shares in the last quarter. 63.69% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

KGC has been the topic of a number of recent analyst reports. Canadian Imperial Bank of Commerce lowered their target price on shares of Kinross Gold from $34.00 to $33.00 and set an “outperformer” rating on the stock in a research note on Tuesday, November 3rd. Canaccord Genuity Group decreased their target price on shares of Kinross Gold from $52.00 to $47.00 and set a “buy” rating on the stock in a research note on Thursday, September 24th. RBC Dominion Securities set a $39.00 target price on Kinross Gold and gave the company an “outperform” rating in a report on Thursday, October 22nd. ATB Cormark Capital Markets raised Kinross Gold from a “hold” rating to a “moderate buy” rating in a research report on Friday, July 31st. Finally, Scotiabank lowered their price target on shares of Kinross Gold from $41.00 to $39.00 and set an “outperform” rating for the company in a research report on Thursday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $37.98.

View Our Latest Analysis on Kinross Gold

Kinross Gold Company Profile

(Get Free Report)

Kinross Gold Corporation is a Toronto-based gold mining company engaged in the exploration, development and operation of gold mines. Its principal product is gold, with silver also produced at some operations. The company operates mines in the United States, Brazil, Chile and Mauritania. Its activities span the mining process, from identifying and developing mineral deposits to extracting and processing ore. Founded in 1993, Kinross has grown through acquisitions and the development of mining projects across the Americas and West Africa.