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An announcement from Kinross Gold ( (TSE:K) ) is now available.
On September 8, 2025, Kinross Gold Corporation executed a significant transaction by selling 29,850,984 common shares of Asante Gold Corporation, representing approximately 4.2% of Asante’s outstanding shares. This sale, conducted through a secondary block trade, reduced Kinross’s holding in Asante from 9.4% to 5.2% on a non-diluted basis. The transaction, valued at approximately $46.27 million, was part of a strategic move to realize value from shares acquired under a previous purchase agreement. This adjustment in holdings may influence Kinross’s future investment strategies and market positioning.
The most recent analyst rating on (TSE:K) stock is a Hold with a C$27.00 price target. To see the full list of analyst forecasts on Kinross Gold stock, see the TSE:K Stock Forecast page.
Spark’s Take on TSE:K Stock
According to Spark, TipRanks’ AI Analyst, TSE:K is a Outperform.
Kinross Gold’s overall stock score is driven by strong financial performance and positive earnings call highlights, including record free cash flow and shareholder returns. Technical indicators suggest bullish momentum, though overbought conditions may lead to short-term volatility. Valuation metrics are fair, supporting a balanced growth outlook.
To see Spark’s full report on TSE:K stock, click here.
More about Kinross Gold
Kinross Gold Corporation is a prominent player in the gold mining industry, primarily focused on the extraction and production of gold. The company operates in various regions, emphasizing sustainable mining practices and maximizing shareholder value.
Average Trading Volume: 3,645,899
Technical Sentiment Signal: Buy
Current Market Cap: C$37.97B
Learn more about K stock on TipRanks’ Stock Analysis page.