Core Insights - Value investing remains a preferred strategy for identifying strong stocks across various market conditions, utilizing valuation metrics to uncover opportunities [1] Company Summary: Kinross Gold (KGC) - Kinross Gold currently holds a Zacks Rank of 1 (Strong Buy) and an A for Value, indicating strong investment potential [2] - The stock has a Forward P/E ratio of 14.16, which is lower than the industry average of 15.51, with a 52-week range of 12.07 to 19 [2] - KGC's PEG ratio stands at 0.48, compared to the industry's average of 0.53, with a historical range of 0.41 to 2.13 [2] - The P/S ratio for KGC is 2.92, which is below the industry average of 3.33, suggesting a favorable valuation based on sales [3] - KGC has a P/CF ratio of 8.33, significantly lower than the industry's average of 18.87, indicating strong cash flow relative to its valuation [3] - Overall, KGC appears undervalued based on key metrics, supported by a strong earnings outlook [3]

Core Viewpoint - Canaccord Genuity has raised its long-term price outlook for gold and silver, positively impacting several mining stocks, including Kinross Gold Corp, Barrick Gold Corp, and Newmont Corporation [1][2] Group 1: Newmont Corporation (NEM) - NEM's price target has been increased from $59 to $66, leading to a 1.7% rise in its stock price to $58.54 [1] - The stock reached a two-year high of $58.71 after rebounding from a pullback to the 40-day moving average, now trading above the former resistance level of $56 [1] - Over the past 12 months, NEM has gained more than 52% [1] Group 2: Kinross Gold Corp (KGC) - KGC achieved a 12-year high of $10.82 after bouncing off a support level at $9.20, currently trading at $10.67 with a 1.2% increase [1] - The stock has shown a remarkable 99% year-over-year increase, with a 76.3% gain in just this year [1] Group 3: Barrick Gold Corp (GOLD) - GOLD's stock price increased by 1.5% to $21.17, following a two-year peak of $21.34 [2] - The stock's gains were supported by the 60-day moving average, contributing to a 27.9% year-over-year increase [2]

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TORONTO, Oct. 07, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K; NYSE: KGC) will release its financial statements and operating results for the third quarter of 2024 on Tuesday, November 5, 2024, after market close. On Wednesday, November 6, 2024, at 8:00 a.m. ET 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: 9135525Outside of Canada & ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor.Zacks Premium includes access to the Zacks Style Scores as well.What are the Zacks Style Sc ...

Annual production over 500,000 ounces1Impressive margins with low AISC2 of ~$800/ozDrilling beyond PEA inventory shows high-grade mineralization at depth TORONTO, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX: K, NYSE: KGC) (“Kinross” or the “Company”) today is pleased to provide an update on the Great Bear project (the “Project”), located in Red Lake, Ontario, Canada. This news release contains forward-looking information about expected future events and financial and operating performan ...

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.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use fundamental analysis and traditional valuation metrics to find stocks that they believe are being undervalued by the ...

TORONTO, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Kinross Gold Corporation (TSX:K; NYSE:KGC) (“Kinross”) will release its Preliminary Economic Assessment for Great Bear followed by a virtual presentation and question and answer session on Tuesday, September 10, 2024 at 9 a.m. EDT. The presentation will be accessible via audio webcast on www.kinross.com, where it will be archived. Great Bear Technical Presentation details To access the call, please dial: Webcast Link: https://meetings.lumiconnect.com/400-478-546- ...

Investors with an interest in Mining - Gold stocks have likely encountered both Kinross Gold (KGC) and Triple Flag Precious Metals (TFPM) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revision trends, and our ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With 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 that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...