Kinross Gold (KGC) Urges Shareholders to Reject TRC Mini-Tender Offer

Kinross Gold Corporation (NYSE:KGC) is one of the 10 Best Gold Stocks to Buy for the Long Term.

On April 10, 2026, Kinross Gold Corporation (NYSE:KGC) said it received notice that TRC Capital launched an unsolicited “mini-tender” offer on April 7 to acquire up to 2.5M common shares, or about 0.21% of shares outstanding, at C$41.75 per share. The company urged shareholders to reject the offer, noting it was approximately 4.4% below the April 6 closing price of C$43.68 on the Toronto Stock Exchange. Kinross said it does not endorse the offer and is not affiliated with TRC Capital Investment.

On March 26, 2026, UBS lowered its price target on Kinross Gold Corporation (NYSE:KGC) to $37 from $43 and maintained a Buy rating on the shares.

Earlier in March, RBC Capital upgraded Kinross Gold Corporation (NYSE:KGC) to Outperform from Sector Perform and raised its price target to $45 from $36, citing high free cash flow, leverage to rising gold prices, a stable operating outlook, and a “clear pathway” for capital returns with growth in per share metrics.

Kinross Gold Corporation (NYSE:KGC) engages in the acquisition, exploration, and development of gold properties across multiple regions globally.

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