13 Best Gold Mining Companies to Invest In Now

8. Kinross Gold Corporation (NYSE:KGC)

Number of Hedge Fund Holders: 35

Kinross Gold Corporation (NYSE:KGC) is one of the best gold mining companies to invest in now. On December 1, UBS increased its price target on Kinross Gold Corporation (NYSE:KGC) from $31 to $33 and maintained its Buy rating.

The research firm noted that gold entered 2025 as a popular bullish investment and is expected to keep that support heading into 2026. According to UBS, this view is supported by strong demand from private investors and central banks instead of signs of excessive speculation. While gold saw a short period of high enthusiasm in early autumn, the firm’s analyst noted that the macro environment over the next 6 to 12 months points toward continued buying rather than the start of a bear market in 2026.

On December 1, BofA Securities also expressed a positive view on Kinross Gold Corporation (NYSE:KGC). BofA expects gold prices to rise sharply over the next year, forecasting that gold could reach $5,000 per ounce in 2026. The firm believes that the macro factors that previously lifted gold prices are still in place.

The bank pointed out that if gold can match the “2000s bull cycle, prices could potentially move as high as $7,000 per ounce. BofA’s investment strategist, Michael Hartnett, views gold as a “top trade for 2026,” with an expected return of around 10%.

In this context, BofA reviewed which North American gold mining companies could benefit the most from gold prices moving further up. The analysis showed that Kinross Gold Corporation (NYSE:KGC) is among the mining companies with the strongest overall leverage, with both its EBITDA and its net asset value (NAV) being highly sensitive to a 10% increase in gold prices.

Kinross Gold Corporation (NYSE:KGC) is a senior gold mining company with operations and projects in the US, Brazil, Mauritania, Chile, and Canada.