Top 5 Stock Picks of Invenomic Capital Management

4. Kinross Gold Corporation (NYSE:KGC)

ICM’s Stake Value: $6.96 million

Percentage of ICM’s 13F Portfolio: 1.67%

Number of Hedge Fund Holders: 28

Kinross Gold Corporation is a gold and silver mining company. It is headquartered in Toronto, Canada. It runs mining projects in various countries like Mauritania, Brazil and Russia among others. Invenomic Capital Management holds over 1 million shares in the company after increasing their stake by 20% in the Q2 of 2021. 

Kinross Gold Corporation (NYSE: KGC) posted a revenue of $1.00 billion in the Q2 of 2021 with EPS at $0.09, missing analyst estimates by -$0.03.