TD Securities Issues Pessimistic Forecast for Kinross Gold (NYSE:KGC) Stock Price

Kinross Gold (NYSE:KGC) (TSE:K) had its price target cut by equities researchers at TD Securities from $43.00 to $42.00 in a research report issued on Tuesday,BayStreet.CA reports. The brokerage currently has a “buy” rating on the mining company’s stock. TD Securities’ price target points to a potential upside of 23.71% from the company’s previous close.

Other research analysts also recently issued reports about the company. Weiss Ratings reissued a “buy (a)” rating on shares of Kinross Gold in a research note on Wednesday, January 28th. Desjardins began coverage on shares of Kinross Gold in a report on Friday, November 28th. They set a “buy” rating for the company. Zacks Research cut shares of Kinross Gold from a “strong-buy” rating to a “hold” rating in a research report on Friday, January 23rd. Scotiabank boosted their price target on shares of Kinross Gold from $32.00 to $45.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Finally, Canadian Imperial Bank of Commerce set a $54.00 price objective on shares of Kinross Gold in a report on Wednesday, February 4th. Two equities 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. According to data from MarketBeat, Kinross Gold currently has a consensus rating of “Moderate Buy” and an average target price of $36.31.

Kinross Gold Trading Up 0.4%

Shares of Kinross Gold stock opened at $33.95 on Tuesday. The firm has a market capitalization of $40.73 billion, a PE ratio of 17.32, a P/E/G ratio of 1.65 and a beta of 0.73. Kinross Gold has a twelve month low of $10.42 and a twelve month high of $39.11. The firm’s 50-day moving average price is $33.33 and its 200 day moving average price is $27.59. The company has a current ratio of 2.35, a quick ratio of 1.37 and a debt-to-equity ratio of 0.08.

Kinross Gold (NYSE:KGC) (TSE:K) last posted its quarterly earnings data on Wednesday, February 18th. The mining company reported $0.67 EPS for the quarter, topping the consensus estimate of $0.55 by $0.12. The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $2.05 billion. Kinross Gold had a return on equity of 28.22% and a net margin of 33.90%.Kinross Gold’s quarterly revenue was up 42.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.20 EPS. On average, sell-side analysts predict that Kinross Gold will post 0.81 EPS for the current fiscal year.

Institutional Trading of Kinross Gold

A number of hedge funds and other institutional investors have recently made changes to their positions in KGC. Caitlin John LLC acquired a new position in Kinross Gold in the third quarter valued at approximately $26,000. V Square Quantitative Management LLC purchased a new stake in Kinross Gold in the fourth quarter valued at $26,000. Financial Management Professionals Inc. acquired a new position in shares of Kinross Gold in the 4th quarter valued at $26,000. Virtus Advisers LLC purchased a new position in shares of Kinross Gold during the 3rd quarter worth $28,000. Finally, GPS Wealth Strategies Group LLC acquired a new stake in shares of Kinross Gold during the 3rd quarter worth about $29,000. Institutional investors and hedge funds own 63.69% of the company’s stock.

Kinross Gold News Summary

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

• Positive Sentiment: Zacks Research raised a string of quarterly and full‑year EPS forecasts for Kinross (multiple Q1–Q4 and FY2026–FY2028 lifts), materially boosting the earnings outlook—FY2026 was lifted to $2.55 and FY2027 to $2.49 in their updates. The upgrades suggest analysts see stronger near‑term profitability, which supports higher valuations.
• Positive Sentiment: Kinross reported a dividend increase and record cash flow (coverage and liquidity improvements cited), reinforcing the company’s balance‑sheet strength and shareholder return capacity. This underpins investor confidence in free cash flow generation. Dividend and cash flow report
• Positive Sentiment: Operational risk/efficiency: Kinross Brazil selected ISNetworld to standardize contractor management and safety/training tracking—this should reduce administrative burden and operational risk at a major operating jurisdiction. ISNetworld press release
• Neutral Sentiment: Analyst consensus: some outlets report an average rating around “Moderate Buy,” indicating mixed but generally constructive analyst sentiment; however, Zacks still carries a “Hold” rating despite the estimate increases. Analyst rating summary
• Negative Sentiment: TD Securities trimmed its price target slightly (from $43 to $42) while keeping a buy stance; that note coincided with an intraday ~8% drop earlier this week as investors reacted to the downgrade/target cut. The trim appears to have triggered short‑term selling despite the stronger earnings revisions. TD Securities note / intraday move BayStreet recap

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.