Kinross Gold (KGC)

• Market cap: $13.7B
• 1 day: 5.78%
• 5 days: -0.09%
• 1 month: -7.38%
• 3 months: 5.78%
• 6 months: 22.08%
• Year to date: 13.06%
• 1 year: 100.18%
• 5 years: 132.22%
• 10 years: 371.31%
• Sector: Materials
• Industry: Gold & Silver Mining

About: Kinross Gold is a Canada-based gold producer, producing roughly 2.2 million gold equivalent ounces in 2023. The company had about a decade of gold reserves at the end of 2023. It operates mines in the Americas and West Africa after selling its low-cost Russian operations in 2022 in response to the invasion of Ukraine. The company has historically used acquisitions to fuel expansion into new regions and production growth. In 2022, Kinross purchased the Great Bear project in Canada, which, if developed, could produce an average of more than 500,000 ounces of gold per year for at least a decade.

Employees: 6,600

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

96% more first-time investments, than exits

New positions opened: 90 | Existing positions closed: 46

11% more repeat investments, than reductions

Existing positions increased: 158 | Existing positions reduced: 142

10% more capital invested

Capital invested by funds: $6.48B [Q3] → $7.09B (+$619M) [Q4]

9% more funds holding

Funds holding: 424 [Q3] → 461 (+37) [Q4]

7.0% more ownership

Funds ownership: 54.89% [Q3] → 61.89% (+7.0%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 7 [Q3] → 7 (+0) [Q4]

16% less call options, than puts

Call options by funds: $56.4M | Put options by funds: $66.9M