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Update: Kinross Gold Down Near 3% as It Sells White Gold Stake for $6.9 Million
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Update: Kinross Gold Down Near 3% as It Sells White Gold Stake for $6.9 Million
Jul 28, 2025 9:23 AM

11:52 AM EDT, 07/28/2025 (MT Newswires) -- Kinross Gold ( KGCRF ) (K.TO, KGC) late on Friday said it sold its entire holding of 23.7-million White Gold (WGO.V) shares.

Kinross sold the stake, about 12% of White Gold's outstanding shares, at an average price of $0.29, resulting in proceeds of $6.9 million.

At last look on Monday, Kinross was down $0.60 to $21.48 on the Toronto Stock Exchange, while White Gold was down $0.015 to $0.37 on the TSX Venture Exchange.

Price: 21.47, Change: -0.61, Percent Change: -2.76

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