Ashton Thomas Private Wealth LLC Invests $1.51 Million in Kinross Gold Corporation $KGC

Key Points

• Ashton Thomas Private Wealth LLC acquired a new stake of 53,610 shares in Kinross Gold, valued at approximately $1.51 million in the fourth quarter.
• Kinross beat Q1 estimates with EPS $0.71 and revenue of $2.37B (up ~60.8% YoY), reported record free cash flow, returned about $350M year-to-date ( ~$1B since Q1 2025) and raised its quarterly dividend to $0.04.
• Analysts hold a consensus rating of “Moderate Buy” with an average price target of $38.81, while the stock trades near $29.82 (down 2.3% and below its 50‑day average).

Ashton Thomas Private Wealth LLC acquired a new stake in Kinross Gold Corporation (NYSE:KGC - Free Report) TSE: K in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 53,610 shares of the mining company's stock, valued at approximately $1,510,000.

Other hedge funds have also added to or reduced their stakes in the company. AQR Capital Management LLC increased its position in Kinross Gold by 35.1% in the 1st quarter. AQR Capital Management LLC now owns 70,370 shares of the mining company's stock valued at $887,000 after acquiring an additional 18,287 shares during the period. Caxton Associates LLP acquired a new position in shares of Kinross Gold during the first quarter worth $158,000. Sivia Capital Partners LLC acquired a new position in shares of Kinross Gold during the second quarter worth $167,000. M&T Bank Corp grew 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 purchasing an additional 1,328 shares during the last quarter. Finally, AXA S.A. bought a new stake in shares of Kinross Gold in the second quarter worth $2,483,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

KGC has been the topic of several analyst reports. TD Securities reduced their price objective on shares of Kinross Gold from $43.00 to $42.00 and set a "buy" rating on the stock in a research note on Tuesday, March 3rd. Zacks Research cut shares of Kinross Gold from a "strong-buy" rating to a "hold" rating in a research note on Friday, January 23rd. UBS Group reduced their price objective on shares of Kinross Gold from $43.00 to $37.00 and set a "buy" rating on the stock in a research note on Friday, March 27th. Canadian Imperial Bank of Commerce set a $54.00 price objective on shares of Kinross Gold in a research note on Wednesday, February 4th. Finally, Scotiabank boosted their price objective on shares of Kinross Gold from $32.00 to $45.00 and gave the stock an "outperform" rating in a research note on Monday, January 26th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Kinross Gold presently has a consensus rating of "Moderate Buy" and an average price target of $38.81.

Kinross Gold Stock Down 2.3%

Shares of NYSE KGC opened at $29.82 on Thursday. The company has a market capitalization of $35.61 billion, a P/E ratio of 15.21, a price-to-earnings-growth ratio of 1.53 and a beta of 0.82. Kinross Gold Corporation has a 52-week low of $13.28 and a 52-week high of $39.11. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.37 and a current ratio of 2.35. The company's 50 day moving average price is $32.17 and its 200-day moving average price is $30.05.

Kinross Gold (NYSE:KGC - Get Free Report) TSE: K last issued its quarterly earnings results on Wednesday, April 29th. The mining company reported $0.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.68 by $0.03. The firm had revenue of $2.37 billion for the quarter, compared to the consensus estimate of $2.33 billion. Kinross Gold had a net margin of 33.90% and a return on equity of 28.22%. The company's revenue for the quarter was up 60.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.30 EPS. Equities analysts forecast that Kinross Gold Corporation will post 2.77 earnings per share for the current year.

Kinross Gold Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Wednesday, March 11th were given a $0.04 dividend. This is an increase from Kinross Gold's previous quarterly dividend of $0.04. The ex-dividend date was Wednesday, March 11th. This represents a $0.16 dividend on an annualized basis and a dividend yield of 0.5%. Kinross Gold's dividend payout ratio is presently 8.16%.

Kinross Gold News Roundup

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

• Positive Sentiment: Company reported strong free-cash-flow and shareholder returns: Kinross said it delivered record free cash flow for the fourth consecutive quarter, has returned roughly $350M to shareholders year-to-date and $1B since Q1 2025, and noted progress on development projects — supportive for dividends and buybacks. Kinross reports strong 2026 first-quarter results
• Positive Sentiment: Board declared a quarterly cash dividend of US$0.04 per share (payable June 4, record date May 21), which signals cash-return discipline and may support yield-focused holders. Kinross declares quarterly dividend
• Positive Sentiment: Underlying operational/financial strength: revenue jumped ~60.8% YoY and EPS rose from $0.30 to $0.71; Zacks reported the quarter beat its consensus estimate. Those fundamentals support earnings momentum. Kinross Gold (KGC) Q1 Earnings and Revenues Surpass Estimates
• Neutral Sentiment: Analyst commentary highlights a longer-term growth case (cost management, realized prices, project pipeline), which underpins a buy-and-hold thesis but may not prevent short-term volatility. Why Kinross Gold (KGC) is a Top Growth Stock for the Long-Term
• Negative Sentiment: Mixed headline vs. sell-side estimates: while Zacks shows a beat vs its $0.68 estimate, some consensus figures (cited in other summaries) put consensus at $0.73, meaning Kinross's $0.71 EPS was a small miss versus certain estimates — a possible trigger for short-term profit-taking. Also the stock is trading below its 50‑day average, which can add technical pressure. Kinross Q1 2026 Press Release (PDF)

Kinross Gold Company Profile

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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