Why Kinross Gold (KGC) is a Top Growth Stock for the Long-Term

Company Overview - Kinross Gold Corporation is a leading gold mining company based in Ontario, Canada, ranking among the top 10 gold mining companies globally [6] - The company is involved in the exploration and operation of gold mines, with approximately 71% of its 2023 production coming from the Americas [6] - In 2023, Kinross Gold is projected to produce around 2.1 million gold equivalent ounces and also engages in the production and sale of silver [6] Investment Ratings - Kinross Gold holds a Zacks Rank of 2 (Buy) and has a VGM Score of A, indicating strong potential for growth [6][7] - The company has a Growth Style Score of B, with a forecasted year-over-year earnings growth of 27.3% for the current fiscal year [6] Earnings Estimates - In the last 60 days, five analysts have revised their earnings estimates upwards for fiscal 2024, with the Zacks Consensus Estimate increasing by $0.07 to $0.56 per share [6] - Kinross Gold has demonstrated an average earnings surprise of 46%, highlighting its ability to exceed earnings expectations [6]