Kinross(US:KGC) ZACKSยท2025-04-23 17:00Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: Kinross Gold (KGC) - Kinross Gold currently holds a Momentum Style Score of B, indicating a favorable momentum outlook [3]. - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [4]. Performance Metrics - KGC shares have increased by 2.92% over the past week, outperforming the Zacks Mining - Gold industry, which rose by 2.54% [6]. - Over the past month, KGC's price change is 19.76%, significantly higher than the industry's 4.23% [6]. - In the last quarter, KGC shares have risen by 35.51%, and over the past year, they have gained 124.54%, while the S&P 500 has moved -12.83% and 6.97%, respectively [7]. Trading Volume - KGC's average 20-day trading volume is 20,036,914 shares, which serves as a bullish indicator when combined with rising stock prices [8]. Earnings Outlook - In the past two months, 5 earnings estimates for KGC have been revised upwards, while only 1 has been revised downwards, leading to an increase in the consensus estimate from $0.81 to $0.95 [10]. - For the next fiscal year, 3 estimates have moved up, with 1 downward revision noted [10]. Conclusion - Considering the positive momentum indicators and earnings outlook, KGC is positioned as a 2 (Buy) stock with a Momentum Score of B, making it a potential candidate for near-term investment [12].