Kinross Gold (TSE:K) Sets New 52-Week Low – Time to Sell?

Posted by Brenda Bartman on Oct 31st, 2026

Kinross Gold Co. (TSE:K – Get Free Report) (NYSE:KGC) reached a new 52-week low during mid-day trading on Thursday. The company traded as low as C$29.66 and last traded at C$30.37, with a volume of 528,316 shares changing hands. The stock had previously closed at C$32.18.

Kinross Gold News Roundup

Here are the key news stories impacting Kinross Gold this week:

Positive Sentiment: Strong quarterly earnings: Kinross reported third-quarter net earnings of US$583.2 million and adjusted EPS of approximately C$0.71, supported by a 37.64% net margin and 34.13% return on equity. Revenue was about C$2.53 billion. Kinross Gold third-quarter net earnings
Positive Sentiment: Analyst remains bullish: National Bank Financial lowered its price target from C$42.50 to C$40.00 but retained an “outperform” rating, implying substantial upside from current levels. The target reduction likely reflects more cautious assumptions rather than a change to the firm’s overall investment view.
Positive Sentiment: Shareholder return maintained: Kinross declared a common-share dividend payable December 3, supporting the income component of the investment case. Kinross Gold dividend announcement
Neutral Sentiment: Production update: The company provided third-quarter and nine-month production guidance, giving investors additional information to assess operating performance and full-year delivery. Kinross Gold production guidance
Negative Sentiment: Safety and operating risks: Two workers died following separate accidents at Kinross operations, creating significant safety, reputational and potential regulatory risks. Two workers die after Kinross Gold accidents
Negative Sentiment: Sales and project concerns: Coverage of the Q3 results highlighted declining sales, cash-flow considerations and project risk. These issues may temper the benefit of strong net income and raise questions about production execution and future growth. Kinross Gold Q3 results and project risk
Negative Sentiment: Reduced price target: Although the “outperform” recommendation was retained, National Bank’s target cut signals less near-term confidence in Kinross’s valuation or operating outlook.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Desjardins decreased their target price on shares of Kinross Gold from C$58.00 to C$53.00 and set a “buy” rating on the stock in a research report on Thursday, September 24th. Jefferies Financial Group dropped their price target on shares of Kinross Gold from C$41.00 to C$38.00 in a research report on Monday, July 6th. National Bank Financial cut their price target on Kinross Gold from C$42.50 to C$40.00 and set an “outperform” rating for the company in a research note on Friday. ATB Cormark Capital Markets raised Kinross Gold from a “hold” rating to a “moderate buy” rating and increased their price target for the stock from C$41.00 to C$45.00 in a research report on Friday, July 31st. Finally, BMO Capital Markets lowered their price objective on Kinross Gold from C$49.00 to C$48.00 and set an “outperform” rating on the stock in a research note on Thursday, September 24th. One investment analyst has rated the stock with a Strong Buy rating and six have issued a Buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of C$48.17.

View Our Latest Analysis on Kinross Gold

Kinross Gold Price Performance

The company has a quick ratio of 1.11, a current ratio of 2.87 and a debt-to-equity ratio of 7.56. The stock has a market capitalization of C$33.17 billion, a price-to-earnings ratio of 10.67, a P/E/G ratio of -0.60 and a beta of 1.75. The business’s 50 day simple moving average is C$37.06 and its 200-day simple moving average is C$39.99.

Kinross Gold (TSE:K – Get Free Report) (NYSE:KGC) last issued its earnings results on Wednesday, October 28th. The company reported C$0.71 EPS for the quarter. Kinross Gold had a net margin of 37.64% and a return on equity of 34.13%. The company had revenue of C$2.53 billion during the quarter. On average, research analysts forecast that Kinross Gold Co. will post 1.01 earnings per share for the current year.

Insider Activity at Kinross Gold

In other Kinross Gold news, insider Daniel Fombonne sold 2,003 shares of the company’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of C$38.48, for a total transaction of C$77,075.44. Following the completion of the sale, the insider directly owned 16,155 shares in the company, valued at C$621,644.40. This represents a 11.03% decrease in their ownership of the stock. Also, insider Laurence Davies sold 1,335 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of C$38.48, for a total value of C$51,370.80. Following the completion of the sale, the insider directly owned 11,855 shares in the company, valued at approximately C$456,180.40. This represents a 10.12% decrease in their position. Insiders have sold 33,338 shares of company stock valued at $1,351,546 over the last three months. 0.26% of the stock is owned by insiders.

Kinross Gold Company Profile

(Get Free Report)

Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. Our focus is on delivering value based on the core principles of responsible mining, operational excellence, disciplined growth, and balance sheet strength. Kinross maintains listings on the Toronto Stock Exchange (symbol: K) and the New York Stock Exchange (symbol: KGC).