Kinross Gold (KGC) Is Up 0.27% in One Week: What You Should Know

Company Overview - Kinross Gold (KGC) currently holds a Momentum Style Score of B, indicating a favorable position in momentum investing [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] Price Performance - KGC shares have increased by 48.77% over the past quarter and 94.19% over the last year, significantly outperforming the S&P 500, which moved only 0.05% and 13.85% respectively [6] - Over the past week, KGC shares rose by 0.27%, while the Zacks Mining - Gold industry remained flat [5] - The monthly price change for KGC is 8.27%, compared to the industry's performance of 7.72% [5] Trading Volume - KGC's average 20-day trading volume is 21,228,660 shares, which is a useful indicator of market interest and momentum [7] Earnings Outlook - In the past two months, 7 earnings estimates for KGC have been revised upwards, while only 1 estimate was revised downwards, leading to an increase in the consensus estimate from $0.88 to$1.11 [9] - For the next fiscal year, 7 estimates have moved upwards with no downward revisions during the same period [9] 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 [11]