<div id="readability-page-1"><p>Kinross Gold Corporation (NYSE:KGC - Get Free Report) <span>TSE: K<span></span></span> hit a new 52-week high on Thursday . The company traded as high as $28.86 and last traded at $28.75, with a volume of 4503764 shares changing hands. The stock had previously closed at $27.26.</p><h2>Wall Street Analysts Forecast Growth</h2><ul><li>3 Momentum Stocks Near 52-Week Highs to Watch for More Growth</li></ul><p>A number of research firms have recently issued reports on KGC. Desjardins started coverage on shares of Kinross Gold in a research report on Friday, November 28th. They issued a &#34;buy&#34; rating on the stock. Zacks Research raised Kinross Gold from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Friday, October 17th. Weiss Ratings  reissued a &#34;buy (a)&#34; rating on shares of Kinross Gold in a report on Friday, October 31st. Jefferies Financial Group  restated a &#34;buy&#34; rating and set a $33.00 price target on shares of Kinross Gold in a research report on Sunday. Finally, TD Securities boosted their target price on shares of Kinross Gold from $22.00 to $30.00 and gave the company a &#34;buy&#34; rating in a research note on Wednesday, October 8th. Four equities research analysts have rated the stock with a Strong Buy rating, nine have assigned  a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Kinross Gold  has an average rating of &#34;Buy&#34; and a consensus target price of $29.81.</p><p><b>View Our Latest Stock Report on Kinross Gold</b></p><h2>Kinross Gold Stock Up 4.7%</h2><ul><li>Not in a Rush to Buy Gold? 5 Stocks to Buy on the Dip</li></ul><p>The firm's fifty day moving average is $25.30 and its two-hundred day moving average is $20.67. The firm has a market cap of $34.47 billion, a price-to-earnings ratio of 19.97, a P/E/G ratio of 0.39 and a beta of 0.74. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.83 and a quick ratio of 1.68. </p><p>Kinross Gold (NYSE:KGC - Get Free Report) <span>TSE: K<span></span></span> last released its quarterly earnings results on Tuesday, November 4th. The mining company reported $0.44 EPS for the quarter, topping analysts' consensus estimates of $0.39 by $0.05. The company had revenue of $1.82 billion for the quarter, compared to the consensus estimate of $1.72 billion. Kinross Gold had a net margin of 27.30% and a return on equity of 22.25%. Kinross Gold's revenue was up 25.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.24 EPS.  On average, sell-side analysts expect that  Kinross Gold Corporation will post 0.81 EPS for the current fiscal year. </p><h2>Kinross Gold Increases Dividend</h2><ul><li>Gold Stocks Shine as Prices Hit Record Highs—Top 3 Picks</li></ul><p>The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Wednesday, November 26th were given a $0.035 dividend. This represents a $0.14 dividend on an annualized basis and a yield of 0.5%. This is a positive change from Kinross Gold's previous quarterly dividend of $0.03. The ex-dividend date was Wednesday, November 26th. Kinross Gold's payout ratio is currently 9.79%. </p><h2>Hedge Funds Weigh In On Kinross Gold</h2><p>Hedge funds have recently modified their holdings of the company. Laird Norton Wetherby Wealth Management LLC boosted its stake in  Kinross Gold by 2.1% during the third quarter. Laird Norton Wetherby Wealth Management LLC now owns 25,309 shares of the mining company's stock valued at $629,000 after buying an additional 521 shares in the last quarter.  Ballentine Partners LLC lifted its holdings in  Kinross Gold by 1.8% in the 3rd quarter. Ballentine Partners LLC now owns 32,144 shares of the mining company's stock valued at $799,000 after acquiring an additional 565 shares during the last quarter.  Cadence Wealth Management LLC boosted its position in shares of  Kinross Gold by 1.3% during the 3rd quarter. Cadence Wealth Management LLC now owns 46,233 shares of the mining company's stock valued at $1,149,000 after purchasing an additional 581 shares in the last quarter.  Parallel Advisors LLC boosted its position in shares of  Kinross Gold by 7.0% during the 3rd quarter. Parallel Advisors LLC now owns 9,018 shares of the mining company's stock valued at $224,000 after purchasing an additional 587 shares in the last quarter.  Finally, Harvest Fund Management Co. Ltd grew its stake in shares of  Kinross Gold by 85.2% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 1,280 shares of the mining company's stock worth $32,000 after purchasing an additional 589 shares during the last quarter. 63.69% of the stock is currently owned by institutional investors and hedge funds. </p><h2>About Kinross Gold</h2> (Get Free Report)<p>Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Kinross Gold</li><li>How to Effectively Use the MarketBeat Ratings Screener</li><li>Oracle Stock Hit Hard: Why Its AI Pipeline Could Drive a 2026 Rally</li><li>A Deeper Look at Bid-Ask Spreads</li><li>Beyond the Magnificent 7: Meet 3 of Tech’s Rising Stars</li><li>What Is WallStreetBets and What Stocks Are They Targeting?</li><li>The Quantum Fleet: Investing in the New Quantum Standard</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Kinross Gold Right Now?</h2><p>Before you consider Kinross Gold, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Kinross Gold wasn't on the list.</p><p>While Kinross Gold currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Kinross Gold (NYSE:KGC) reached a new 52-week high, trading at $28.86. Analysts have given the stock a strong buy rating, with a consensus target price of $29.81. The company reported strong quarterly earnings, with a 25.8% revenue increase year-over-year. Kinross Gold also increased its quarterly dividend to $0.035. Institutional investors hold 63.69% of the stock.</p>

Kinross Gold (NYSE:KGC) Hits New 1-Year High - What's Next?