Manatuck Hill Partners LLC Buys Shares of 66,000 Kinross Gold Corporation $KGC

Posted by Brian Himes on Aug 26th, 2026

Manatuck Hill Partners LLC bought a new stake in Kinross Gold Corporation (NYSE:KGC – Free Report) (TSE:K) during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 66,000 shares of the mining company’s stock, valued at approximately $1,559,000.

Other institutional investors have also modified their holdings of the company. U S Global Investors Inc. grew its position in Kinross Gold by 95.4% in the 1st quarter. U S Global Investors Inc. now owns 195,363 shares of the mining company’s stock valued at $5,962,000 after buying an additional 95,363 shares during the last quarter. SteelPeak Wealth LLC acquired a new position in Kinross Gold in the 1st quarter valued at $2,263,000. TD Asset Management Inc raised its position in Kinross Gold by 4.7% during the 4th quarter. TD Asset Management Inc now owns 5,879,190 shares of the mining company’s stock worth $165,814,000 after buying an additional 261,861 shares during the last quarter. Man Group plc raised its position in Kinross Gold by 7.6% during the 4th quarter. Man Group plc now owns 12,526,669 shares of the mining company’s stock worth $352,751,000 after buying an additional 882,373 shares during the last quarter. Finally, Deutsche Bank AG purchased a new position in Kinross Gold during the 2nd quarter worth $217,800,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

Kinross Gold Price Performance

Kinross Gold stock opened at $33.43 on Wednesday. The company has a market cap of $39.66 billion, a P/E ratio of 12.66, a price-to-earnings-growth ratio of 0.89 and a beta of 0.78. Kinross Gold Corporation has a one year low of $19.77 and a one year high of $39.11. The business has a fifty day moving average of $25.47 and a two-hundred day moving average of $29.10. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.95 and a current ratio of 2.89.

Kinross Gold (NYSE:KGC – Get Free Report) (TSE:K) last posted its quarterly earnings results on Wednesday, July 29th. The mining company reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.05. Kinross Gold had a net margin of 37.52% and a return on equity of 34.00%. The business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same period in the prior year, the company posted $0.44 EPS. The business’s revenue for the quarter was up 29.5% on a year-over-year basis. As a group, analysts predict that Kinross Gold Corporation will post 2.61 earnings per share for the current fiscal year.

Kinross Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be issued a dividend of $0.04 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.16 dividend on an annualized basis and a yield of 0.5%. Kinross Gold’s payout ratio is currently 6.06%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Royal Bank Of Canada lowered their target price on shares of Kinross Gold from $40.00 to $39.00 and set an “outperform” rating on the stock in a report on Thursday, July 9th. Jefferies Financial Group cut their price target on shares of Kinross Gold from $41.00 to $38.00 and set a “buy” rating for the company in a report on Monday, July 6th. Weiss Ratings downgraded shares of Kinross Gold from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, July 28th. Scotiabank reduced their price objective on shares of Kinross Gold from $45.00 to $41.00 and set a “sector outperform” rating for the company in a research report on Tuesday, July 14th. Finally, Wall Street Zen lowered Kinross Gold from a “buy” rating to a “hold” rating in a report on Saturday, August 1st. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $38.43.

View Our Latest Research Report 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.

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Institutional Ownership by Quarter for Kinross Gold (NYSE:KGC)

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