Kinross Gold Corporation $KGC Stock Sold by Candriam S.C.A.

Posted by Brian Himes on Nov 12th, 2026

Candriam S.C.A. lowered its position in shares of Kinross Gold Corporation (NYSE:KGC – Free Report) (TSE:K) by 62.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,023 shares of the mining company’s stock after selling 25,009 shares during the quarter. Candriam S.C.A.’s holdings in Kinross Gold were worth $364,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Renaissance Technologies LLC grew its position in Kinross Gold by 2.3% in the first quarter. Renaissance Technologies LLC now owns 25,546,413 shares of the mining company’s stock valued at $779,677,000 after purchasing an additional 571,100 shares in the last quarter. The Manufacturers Life Insurance Company increased its stake in Kinross Gold by 9.3% in the 1st quarter. The Manufacturers Life Insurance Company now owns 10,014,321 shares of the mining company’s stock valued at $305,888,000 after buying an additional 854,802 shares during the last quarter. Man Group plc bought a new stake in Kinross Gold during the 2nd quarter worth about $298,152,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Kinross Gold during the 2nd quarter worth about $264,652,000. Finally, Bank of America Corp DE lifted its position in Kinross Gold by 11.4% during the 2nd quarter. Bank of America Corp DE now owns 10,822,887 shares of the mining company’s stock worth $255,637,000 after buying an additional 1,106,837 shares in the last quarter. 63.69% of the stock is owned by institutional investors.

Kinross Gold News Roundup

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

Positive Sentiment: Investors bought 23,674 KGC call options on Wednesday, about 236% above typical volume. This may reflect bullish positioning, though options activity alone does not establish a lasting change in sentiment.
Neutral Sentiment: A separate article points to increased central-bank gold buying as a potential sector tailwind, but it does not identify a new Kinross-specific catalyst. Article: These 5 Gold Mining Stocks Give You a Different Way to Own Gold
Negative Sentiment: Multiple law firms publicized an already-filed securities class action covering investors who bought shares from February 18 through September 23, 2026. The suit alleges Kinross misrepresented its production outlook and operational capabilities; the claims are allegations, not proven findings. The notices cite a prior roughly 11% share-price drop after mining issues and reduced production guidance, while one report says analysts cut price targets following the guidance change. The lead-plaintiff deadline is January 5, 2027. Repeated legal notices may keep attention on operational and litigation risks, though they do not represent separate lawsuits. Article: KGC Shareholder Alert Article: KGC Shareholder Alert and allegations

Kinross Gold Stock Down 0.5%

KGC stock opened at $21.43 on Thursday. The company has a current ratio of 2.87, a quick ratio of 1.89 and a debt-to-equity ratio of 0.07. The firm has a market capitalization of $25.14 billion, a PE ratio of 8.31, a PEG ratio of 0.70 and a beta of 0.83. Kinross Gold Corporation has a 1-year low of $19.70 and a 1-year high of $39.11. The business’s 50 day simple moving average is $24.76 and its 200 day simple moving average is $28.30.

Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) last issued its quarterly earnings data on Wednesday, October 28th. The mining company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.04. The company had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.94 billion. Kinross Gold had a net margin of 37.62% and a return on equity of 32.84%. As a group, research analysts anticipate that Kinross Gold Corporation will post 2.40 EPS for the current year.

Kinross Gold Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on KGC. ATB Cormark Capital Markets upgraded Kinross Gold from a “hold” rating to a “moderate buy” rating in a report on Friday, July 31st. TD reduced their price target on Kinross Gold from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Thursday, September 24th. Scotiabank decreased their price target on Kinross Gold from $41.00 to $39.00 and set an “outperform” rating for the company in a research note on Thursday, September 24th. Canadian Imperial Bank of Commerce decreased their price target on Kinross Gold from $34.00 to $33.00 and set an “outperformer” rating for the company in a research note on Tuesday, November 3rd. Finally, Citigroup reaffirmed a “buy” rating on shares of Kinross Gold in a research report on Monday, September 28th. 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 stock. Based on data from MarketBeat.com, Kinross Gold presently has an average rating of “Moderate Buy” and an average target price of $37.98.

Get Our Latest Stock Report on KGC

Kinross Gold Profile

(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.