5 Best Gold Stocks To Buy Right Now

4. Kinross Gold Corporation (NYSE:KGC)

Number of Hedge Fund Holders: 28     

Kinross Gold Corporation (NYSE:KGC) is a Canadian company that engages in the development of gold properties across the world. In July, National Bank analyst Mike Parkin had upgraded the stock to Outperform from Sector Perform with a price target of $11, appreciating the solid second quarter earnings of the firm. The company beat market predictions on earnings per share by $0.01 in the second quarter. 

Kinross Gold Corporation (NYSE:KGC) also has an impressive dividend history. In late July this year, the company declared a quarterly dividend of $0.03 per share, in line with previous. The forward yield was 1.92%. 

At the end of the second quarter of 2021, 28 hedge funds in the database of Insider Monkey held stakes worth $360 million in Kinross Gold Corporation (NYSE:KGC), up from 27 in the previous quarter worth $444 million.