KGC's Debt Paydown Powers Balance Sheet Strength - Can It Continue?
Key Takeaways KGC lowered net debt to 370.8M in Q1, driven by strong gold prices and operations. KGC stock is up 65.4% YTD, outperforming the industry, and trades at a discount to the industry average.Kinross Gold Corporation (KGC) has taken steps to improve its leverage profile, thanks to strong free cash flow generation. It repaid 200 million of its ter ...