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Kinross Gold faces securities fraud probe after lowering 2026-27 production forecast, shares drop 11.6%.

Market News
20 Oct 2026
GlobeNewsWire
View Source
Bearish
Kinross Gold faces securities fraud probe after lowering 2026-27 production forecast, shares drop 11.6%.

Pomerantz LLP is investigating Kinross Gold Corporation for potential securities fraud following the company's announcement of a 2-3% reduction in its 2026 and 2027 gold production guidance due to operational challenges and extreme weather at two smaller assets. This news caused Kinross's stock to fall 11.59% on September 24, 2026. The investigation aims to determine if Kinross and its executives engaged in unlawful business practices. Investors affected are encouraged to contact Pomerantz LLP for possible class action participation.

Kinross Gold Corporation's shares continue to face selling pressure on Pluang, with 76% of order activity leaning towards selling. The stock is priced at USD 23.61, down 1.71% as of Oct 21, 2026 03:11 WIB, following the recent production guidance cut. Market participants hold the stock for an average of 53 days on the platform.

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