Cumberland Partners Ltd Makes New $389,000 Investment in Kinross Gold Corporation $KGC

Cumberland Partners Ltd acquired a new stake in shares of Kinross Gold Corporation (NYSE:KGC) (TSE:K) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 15,700 shares of the mining company’s stock, valued at approximately $389,000.

Several other hedge funds have also recently modified their holdings of KGC. Vanguard Group Inc. grew its stake in Kinross Gold by 3.2% during the third quarter. Vanguard Group Inc. now owns 50,738,541 shares of the mining company’s stock valued at $1,259,280,000 after acquiring an additional 1,553,594 shares in the last quarter. Norges Bank bought a new position in shares of Kinross Gold during the 2nd quarter valued at about $389,025,000. Man Group plc grew its position in shares of Kinross Gold by 47.8% during the second quarter. Man Group plc now owns 16,739,969 shares of the mining company’s stock valued at $261,646,000 after purchasing an additional 5,411,491 shares in the last quarter. First Eagle Investment Management LLC increased its holdings in shares of Kinross Gold by 0.3% in the second quarter. First Eagle Investment Management LLC now owns 11,825,153 shares of the mining company’s stock worth $184,827,000 after purchasing an additional 37,942 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Kinross Gold by 21.4% in the second quarter. Geode Capital Management LLC now owns 10,639,787 shares of the mining company’s stock worth $172,571,000 after purchasing an additional 1,876,764 shares during the last quarter. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Kinross Gold Stock Down 3.3%

Shares of KGC opened at $33.43 on Friday. The company has a quick ratio of 1.68, a current ratio of 2.83 and a debt-to-equity ratio of 0.15. Kinross Gold Corporation has a 52-week low of $10.32 and a 52-week high of $39.11. The company has a market cap of $40.11 billion, a PE ratio of 17.06, a P/E/G ratio of 0.36 and a beta of 0.74. The business has a fifty day moving average of $32.07 and a 200 day moving average of $26.48.

Kinross Gold (NYSE:KGC) (TSE:K) last announced its earnings results on Wednesday, February 18th. The mining company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.12. Kinross Gold had a net margin of 33.90% and a return on equity of 29.13%. The business had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter in the prior year, the firm posted $0.20 earnings per share. The business’s revenue for the quarter was up 42.9% on a year-over-year basis. On average, sell-side analysts expect that Kinross Gold Corporation will post 0.81 EPS for the current year.

Kinross Gold Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Wednesday, March 11th will be paid a $0.04 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This is an increase from Kinross Gold’s previous quarterly dividend of $0.04. This represents a $0.16 annualized dividend and a yield of 0.5%. Kinross Gold’s payout ratio is 9.79%.

Analysts Set New Price Targets

Several equities analysts have weighed in on KGC shares. Jefferies Financial Group restated a “buy” rating and set a $33.00 price target on shares of Kinross Gold in a report on Sunday, December 7th. Canadian Imperial Bank of Commerce set a $54.00 target price on shares of Kinross Gold in a report on Wednesday, February 4th. Desjardins initiated coverage on shares of Kinross Gold in a research report on Friday, November 28th. They issued a “buy” rating on the stock. Zacks Research lowered shares of Kinross Gold from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 23rd. Finally, Cormark cut shares of Kinross Gold from a “moderate buy” rating to a “hold” rating in a research note on Wednesday, October 29th. Two research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, Kinross Gold presently has an average rating of “Moderate Buy” and an average target price of $34.81.

Key Headlines Impacting Kinross Gold

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

• Positive Sentiment: Q4 profit and EPS beat — Kinross delivered a large jump in profit (roughly $906.5M) and beat earnings expectations, driven by higher realized gold prices. Article Title
• Positive Sentiment: Record free cash flow and stronger balance sheet — Kinross reported record FCF ($2.5B for 2025) and returned $1.5B to debt/equity holders, supporting a shift to net cash and more capital returns. Article Title
• Positive Sentiment: Dividend hike — Board approved a 14% increase to the annual cash dividend (now $0.16 annualized; Q4 payout $0.04). The move signals confidence in cash generation and support for shareholder returns. Article Title
• Neutral Sentiment: Production and outlook largely intact — Full‑year production ~2.0M Au eq. oz. met guidance and management maintained its three‑year outlook, giving visibility to volume. Article Title
• Neutral Sentiment: Analyst interest — Several analysts raised price targets after the results, which supports medium-term sentiment but can also increase short-term volatility as expectations reset. Article Title
• Negative Sentiment: Revenue slightly missed estimates and costs/production nuances — Revenue ($2.01B) came in a bit below the $2.05B consensus, and some reports note higher costs and slightly lower output in the quarter — factors investors can punish even when EPS beats. Article Title
• Negative Sentiment: Gold/metal price pullback and sector rotation — Gold and silver cooled from recent highs around the earnings release, removing an important near‑term tailwind for mining stocks. Article Title
• Negative Sentiment: Profit-taking after a strong run — KGC has rallied significantly over the last 12 months and into 2026; that prior outperformance can lead to short-term selling even after solid results. Article Title

About Kinross Gold

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.