Hillsdale Investment Management Inc. Has $38.09 Million Position in Kinross Gold Corporation $KGC

Posted by Francis Steltz on May 30th, 2026

Hillsdale Investment Management Inc. cut its stake in Kinross Gold Corporation (NYSE:KGC – Free Report) (TSE:K) by 20.8% during the fourth quarter, HoldingsChannel reports. The fund owned 1,349,802 shares of the mining company’s stock after selling 354,410 shares during the quarter. Kinross Gold comprises approximately 1.1% of Hillsdale Investment Management Inc.’s holdings, making the stock its 19th biggest position. Hillsdale Investment Management Inc.’s holdings in Kinross Gold were worth $38,087,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of KGC. AQR Capital Management LLC increased its stake in shares of Kinross Gold by 35.1% in the first quarter. AQR Capital Management LLC now owns 70,370 shares of the mining company’s stock worth $887,000 after acquiring an additional 18,287 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of Kinross Gold in the first quarter worth $158,000. Sivia Capital Partners LLC acquired a new position in shares of Kinross Gold in the second quarter worth $167,000. M&T Bank Corp increased its stake in shares of Kinross Gold by 9.0% in the second quarter. M&T Bank Corp now owns 16,153 shares of the mining company’s stock worth $252,000 after acquiring an additional 1,328 shares during the last quarter. Finally, AXA S.A. acquired a new position in shares of Kinross Gold in the second quarter worth $2,483,000. 63.69% of the stock is owned by institutional investors and hedge funds.

Kinross Gold Stock Up 3.2%

KGC stock opened at $30.23 on Friday. The company has a debt-to-equity ratio of 0.08, a current ratio of 2.84 and a quick ratio of 1.83. Kinross Gold Corporation has a 52-week low of $14.49 and a 52-week high of $39.11. The company has a 50-day moving average of $30.63 and a two-hundred day moving average of $30.81. The stock has a market capitalization of $36.05 billion, a price-to-earnings ratio of 12.81, a price-to-earnings-growth ratio of 1.05 and a beta of 0.73.

Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) last released its quarterly earnings results on Wednesday, April 29th. The mining company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.03. Kinross Gold had a net margin of 35.99% and a return on equity of 32.47%. The company had revenue of $2.37 billion during the quarter, compared to analysts’ expectations of $2.38 billion. During the same period in the prior year, the company earned $0.30 earnings per share. The business’s quarterly revenue was up 60.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Kinross Gold Corporation will post 2.92 EPS for the current year.

Kinross Gold Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st will be issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, May 21st. Kinross Gold’s dividend payout ratio is 6.78%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on KGC. Royal Bank Of Canada raised shares of Kinross Gold from a “sector perform” rating to an “outperform” rating and upped their price target for the stock from $36.00 to $45.00 in a research note on Thursday, March 12th. Weiss Ratings cut shares of Kinross Gold from a “buy (a-)” rating to a “buy (b+)” rating in a report on Wednesday, May 20th. ATB Cormark Capital Markets upgraded shares of Kinross Gold from a “hold” rating to a “moderate buy” rating in a report on Friday, May 1st. Freedom Capital upgraded shares of Kinross Gold from a “hold” rating to a “strong-buy” rating in a report on Monday, May 18th. Finally, UBS Group decreased their price objective on shares of Kinross Gold from $43.00 to $37.00 and set a “buy” rating for the company in a report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Kinross Gold has a consensus rating of “Moderate Buy” and an average price target of $38.81.

View Our Latest Stock Analysis on Kinross Gold

Kinross Gold Company Profile

(Free Report)

Kinross Gold Corporation (NYSE: KGC) is a Toronto-based precious metals mining company primarily focused on the exploration, development and production of gold, with silver recovered as a by-product at some operations. The company’s activities span the full mining lifecycle, including discovery and resource delineation, mine construction and operation, ore processing, and eventual site reclamation and closure. Kinross sells refined gold produced at its processing facilities and manages associated logistics and processing arrangements to deliver metal to market.

Kinross operates a portfolio of producing mines and development projects across multiple regions, with a significant presence in the Americas and West Africa.