Kinross Gold (KGC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Canaccord Genuity praised commodities today, raising its long-term price outlook for gold and silver and lifting its price objective on several mining names , including Canada-listed stocks Kinross Gold Corp (NYSE:KGC) and Barrick Gold Corp (NYSE:GOLD) and U.S.-based Newmont Corporation (NYSE:NEM).
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Gold is surging due to expected Fed rate cuts, central bank buying, and geopolitical tensions, making it an attractive investment. Kinross Gold stands out with high-quality assets in stable regions, strong production, and a solid balance sheet, despite a low dividend yield. Kinross is undervalued, trading at a discount compared to peers, and has promising growth projects that enhance its future potential.
Kinross Gold (KGC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
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Kinross Gold (KGC) has moved back to a 4-year high as Gold (/GC) continues to scrape new all-time highs. Estée Lauder (EL) and Sigma Lithium (SGML) also show signs of rebound.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.