Does Kinross Gold's 49% Surge in 3 Months Justify Buying it Now?
Key Takeaways Kinross Gold has surged 49% in three months, outpacing the industry and S&P 500.Projects like Great Bear and Round Mountain Phase X will boost production and cash flow.Despite strong liquidity and debt cuts, rising costs may pressure KGC's margins.Kinross Gold Corporation’s (KGC) shares have soared 49% in the past three months, outperforming the Zacks Mining – Gold industry’s growth of 29% and the S&P 500’s rise of 11.4%. The rally in gold prices to record highs, driven by heightened prospects ...