Have you been paying attention to shares of Kinross Gold (KGC) ? Shares have been on the move with the stock up 4.1% over the past month. The stock hit a new 52-week high of $9.58 in the previous session. Kinross Gold has gained 55.4% since the start of the year compared to the -4.5% move for the Zacks Basic Materials sector and the 30.3% 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 ...

Investors interested in stocks from the Mining - Gold sector have probably already heard of Kinross Gold (KGC) and Franco-Nevada (FNV) . But which of these two stocks offers value investors a better bang for their buck right now? We'll need to 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 proven Zacks Rank emphasizes companies with positive estimate revision tren ...

Kinross Gold Corporation’s (KGC) shares have shot up 80.9% in the past six months, outperforming the Zacks Mining – Gold industry’s gain of 41.9%. The bullishness appears to have been partly catalyzed by its better-than-expected earnings performance in the second quarter on the back of higher gold prices.The stock is currently trading at a roughly 3% discount to its 52-week high of $9.45, reached on Aug 2, 2024, thanks to strong second-quarter results and a surge in gold prices. Technical indicators for Kin ...

Equity markets have witnessed some volatility recently. I expect that volatility will continue with the markets anticipating rate cuts. Further, it remains to be seen if the Fed is already behind the curve. As an investor, I would do two things. First, protect my portfolio by going overweight on low-beta stocks. Further, look at corrections as opportunities to buy quality growth stocks. This column focuses on three under-$20 stocks that are likely to deliver multibagger returns in the next 36 months.In rela ...

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.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and traditional va ...

Kinross Gold Corporation (NYSE:KGC) Q2 2024 Earnings Conference Call August 1, 2024 8:00 AM ET Company Participants Chris Lichtenheldt - Vice President of Investor Relations Paul Rollinson - Chief Executive Officer Andrea Freeborough - Executive Vice President & Chief Financial Officer Claude Schimper - Executive Vice President & Chief Operating Officer William Dunford - Senior Vice President, Technical Services Geoff Gold - President Conference Call Participants Joshua Wolfson - RBC Capital Markets Lawson ...

Kinross Gold Corporation (KGC) reported a profit from continuing operations of $210.9 million or 17 cents per share in second-quarter 2024. The figure registered an increase from a profit of $151 million or 12 cents per share recorded in the year-ago quarter.KGC reported adjusted earnings of 14 cents per share compared with the prior-year quarter’s figure of 14 cents. The bottom line beat the Zacks Consensus Estimate of 13 cents.  Revenues rose nearly 12% year over year to $1,219.5 million in the second qua ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, August 1:Telefónica, S.A. (TEF) : This telecommunications services provider has witnessed the Zacks Consensus Estimate for its current year earnings increasing 6.1% the last 60 days.This Zacks Rank #1 company has a dividend yield of 5%, compared with the industry average of 0.4%.Kinross Gold Corporation (KGC) : This gold exploration and development company has witnessed the Zacks Consensus Estimate for its ...

Group 1 - Telefónica, S.A. (TEF) has a Zacks Rank 1 and a 6.1% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [1] - Telefónica's price-to-earnings ratio (P/E) is 13.22, lower than the industry average of 17.70, and it has a Value Score of A [1] - Kinross Gold Corporation (KGC) also holds a Zacks Rank 1 with an 11.8% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [1] - Kinross Gold's P/E ratio is 15.39, compared to 22.01 for the S&P, and it possesses a Value Score of A [1] Group 2 - QCR Holdings, Inc. (QCRH) has a Zacks Rank 1 and a 7.1% increase in the Zacks Consensus Estimate for current year earnings over the last 60 days [2] - QCR Holdings has a P/E ratio of 12.46, slightly lower than the industry average of 12.60, and it has a Value Score of B [2]

The average realized gold price in Q2 2024 was $2,342 per ounce, compared with $1,976 per ounce in Q2 2023.Michael McCraeMichael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.ShareDisclaimer ...