Does Kinross Gold's 68% YTD Rally Justify Buying the Stock Now?
Key Takeaways KGC has rallied 67.9% YTD, outperforming the industry and S&P 500 on strong earnings and gold price gains. Development projects like Great Bear and Round Mountain Phase X are expected to boost KGC's production. Kinross Gold ended Q1 with $2.3B liquidity, aiding debt reduction and dividend safety.Kinross Gold Corporation’s (KGC) shares have shot up 67.9% this year, outperforming the Zacks Mining – Gold industry’s gain of 50.5% and the S&P 500’s rise of 5.6%. The bullishness appears to have be ...