Euro Pacific Dumps $3 Million Worth of Its Kinross Gold Stake

Core Insights - Euro Pacific Asset Management, LLC sold 156,001 shares of Kinross Gold Corporation for an estimated $3.0 million, reducing its stake to 776,378 shares, which now represents 2.02% of its reportable assets under management [2][3] Company Overview - Kinross Gold Corporation reported a total revenue of $6.07 billion and a net income of $1.53 billion for the trailing twelve months (TTM) [4] - The company has a dividend yield of 0.47% and its share price as of October 13, 2025, was $25.51 [4] Business Model - Kinross Gold operates an integrated model that includes acquisition, exploration, extraction, and processing of gold-containing ores, generating revenue primarily from gold mining operations across various countries including the United States, Russia, Brazil, Chile, Ghana, and Mauritania [5][6] Market Performance - As of October 13, 2025, Kinross Gold's stock price increased by 158.7% over the past year, significantly outperforming the S&P 500 by 146.24 percentage points [3] - The company expects to produce approximately 2.0 million ounces of gold at an all-in sustaining cost of $1,500 per ounce sold [9] Financial Highlights - In the second quarter, Kinross Gold achieved a record free cash flow of $646.6 million, with margins increasing by 68% year over year to $2,204 per ounce due to soaring gold prices [8][9]