Kinross Gold Corporation (NYSE:KGC) reached 47.57% versus a 1-year low price of $2.88. The stock was last seen 1.43% higher, reaching at $4.25 on 8/10/2017. At recent session, the prices were hovering between $4.22 and $4.29. This company shares are 17.18% off its target price of $4.98 and the current market capitalization stands at $5.49B. The recent change has given its price a 2.65% lead over SMA 50 and -23.56% deficit over its 52-week high. The stock witnessed 8.97% gains, 3.66% gains and 3.66% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found KGC’s volatility during a week at 3.27% and during a month it has been found around 3.47%.

Kinross Gold Corporation (KGC) Top Holders

Institutional investors currently hold around $3.23 billion or 69.9% in KGC stock. Look at its top three institutional owners. Van Eck Associates Corp owns $423.71 million in Kinross Gold Corporation, which represents roughly 7.72% of the company’s market cap and approximately 13.13% of the institutional ownership. Similar statistics are true for the second largest owner, Donald Smith & Co., Inc., which owns 63,454,883 shares of the stock are valued at $265.88 million. The third largest holder is Toronto Dominion Bank, which currently holds $172.22 million worth of this stock and that ownership represents nearly 3.14% of its market capitalization.

Kinross Gold Corporation 13F Filings

At the end of Mar reporting period, 107 institutional holders increased their position in Kinross Gold Corporation (NYSE:KGC) by some 76,754,826 shares, 111 decreased positions by 79,800,613 and 49 held positions by 613,968,558. That puts total institutional holdings at 770,523,997 shares, according to SEC filings. The stock grabbed 35 new institutional investments totaling 5,056,248 shares while 23 institutional investors sold out their entire positions totaling 7,312,219 shares.

Kinross Gold Corporation (KGC) Analyst Guide

Several analysts have released their opinion on Kinross Gold Corporation (NYSE:KGC), with 3 analysts believing it is a strong buy. Whereas 6 of them predict the stock is a hold. Also, there are 3 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2.25 average brokerage recommendation.

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