3 Gold Stocks Surging on Bullish Sector Stance

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]