Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

Have you been paying attention to shares of Kinross Gold (KGC) ? Shares have been on the move with the stock up 2.5% over the past month. The stock hit a new 52-week high of $8.34 in the previous session. Kinross Gold has gained 37.5% since the start of the year compared to the -4.5% move for the Zacks Basic Materials sector and the 11.7% return for the Zacks Mining - Gold industry.What's Driving the Outperformance?The stock has an impressive record of positive earnings surprises, as it hasn't missed our ea ...

TORONTO, June 27, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K, NYSE:KGC) will release its financial statements and operating results for the second quarter of 2024 on Wednesday, July 31, 2024, after market close. On Thursday, August 1, 2024, at 8:00 a.m. EDT Kinross will hold a conference call and audio webcast to discuss the results, followed by a question-and-answer session. The call-in numbers are as follows: Canada & US toll-free – 1 (888) 596-4144; Passcode: 5766018Outside of Canada & US – ...

TORONTO, June 27, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K; NYSE: KGC) will release its financial statements and operating results for the second quarter of 2024 on Wednesday, July 31, 2024, after market close. On Thursday, August 1, 2024, at 8:00 a.m. EDT Kinross will hold a conference call and audio webcast to discuss the results, followed by a question-and-answer session. The call-in numbers are as follows: Canada & US toll-free – 1 (888) 596-4144; Passcode: 5766018Outside of Canada & US ...

It has been about a month since the last earnings report for Kinross Gold (KGC) . Shares have added about 11% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Kinross Gold due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Kinross' Earnings and Sales Surpass Estimates ...

Core Insights - Zacks Premium offers tools for investors to enhance their stock market engagement and confidence through various research services [1] - The Zacks Style Scores are designed to help investors identify stocks with the potential to outperform the market within a 30-day timeframe [2] Zacks Style Scores Overview - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [2][3][4] - Value Score identifies undervalued stocks using financial ratios like P/E and Price/Sales [2] - Growth Score assesses a company's financial health and future growth potential based on earnings and sales projections [3] - Momentum Score tracks price trends and earnings estimate changes to identify high-momentum stocks [3] - VGM Score combines the three styles to highlight stocks with attractive value, growth, and momentum characteristics [4] Zacks Rank and Style Scores Interaction - The Zacks Rank utilizes earnings estimate revisions to facilitate stock selection, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [5] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal investment potential [6] Company Spotlight: Kinross Gold Corporation (KGC) - Kinross Gold, a leading gold mining company based in Ontario, Canada, produced approximately 2.1 million gold equivalent ounces in 2023, with 71% of production from the Americas [7] - KGC holds a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating solid performance potential [7] - The company has seen a positive momentum, with a Momentum Style Score of A and an 11% increase in share price over the past four weeks [7] - Analysts have revised KGC's earnings estimate upwards, with the Zacks Consensus Estimate rising by $0.18 to $0.51 per share, and an average earnings surprise of 46% [7][8]

Delivers strong ESG performance, including a $4.1 billion total benefit footprint through taxes, wages, procurement and community support All dollar amounts are expressed in U.S. dollars, unless otherwise noted. TORONTO, May 29, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K, NYSE:KGC) ("Kinross" or the "Company") is pleased to announce the publication of its 2023 Sustainability Report (the "Report"), providing a fulsome summary of the Company's progress over the past year in furthering its sustai ...

Delivers strong ESG performance, including a $4.1 billion total benefit footprint through taxes, wages, procurement and community support All dollar amounts are expressed in U.S. dollars, unless otherwise noted. TORONTO, May 29, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K; NYSE: KGC) (“Kinross” or the “Company”) is pleased to announce the publication of its 2023 Sustainability Report (the “Report”), providing a fulsome summary of the Company’s progress over the past year in furthering its sust ...

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Core Insights - Zacks Premium provides various tools for investors to enhance their stock market strategies, including daily updates on Zacks Rank and Industry Rank, access to the Zacks 1 Rank List, Equity Research reports, and Premium stock screens [1][5] Zacks Style Scores - The Zacks Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each assessing stocks based on different investment methodologies [2][3][4] - Value Score identifies attractive stocks using ratios like P/E and Price/Sales, focusing on undervalued stocks [2] - Growth Score evaluates a company's financial strength and future outlook based on projected earnings and cash flow [2] - Momentum Score capitalizes on price trends and earnings outlook changes, indicating favorable times to invest [3] - VGM Score combines all three Style Scores, providing a comprehensive indicator for stock selection [4] Zacks Rank and Style Scores Integration - The Zacks Rank utilizes earnings estimate revisions to help investors build successful portfolios, with 1 (Strong Buy) stocks achieving an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [5] - Investors are encouraged to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal success [6] Company Spotlight: Kinross Gold (KGC) - Kinross Gold Corporation, a leading gold mining company, produced approximately 2.1 million gold equivalent ounces in 2023, with 71% of production from the Americas [7] - KGC holds a Zacks Rank of 3 (Hold) and a VGM Score of A, with a Momentum Style Score of A, reflecting a 26.1% increase in share price over the past four weeks [7][8] - Analysts have revised KGC's earnings estimate upwards, with the Zacks Consensus Estimate increasing by $0.16 to $0.49 per share, and the company has an average earnings surprise of 46% [7]