The Globe and Mail reports in its Friday, Nov. 28, edition that Desjardins Securities analyst Bryce Adams began coverage on Kinross Gold with a "buy" recommendation and a $44 share target. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $40.72. Mr. Adams says in a note: "We view Kinross Gold as a consistent gold producer with strong free cash flow which positions the company to buy back stocks, potentially increase its dividend and derisk the meaningful Great Bear project toward construction and ramp-up. With both Great Bear and Lobo-Marte future production profiles to complement the existing asset base, we view Kinross Gold as a longer-term growth name and a nearer-term cash flow story. 3Q25 delivered free cash flow of $712-million (U.S.), highlighting the cash generation potential. We model a 2026 free cash flow yield of 9.6 per cent, compared with peers at 7.5 per cent on average. Notably, Kinross Gold recently reported a net cash balance sheet position."
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