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KGC - Kinross: Flying High With Rising Gold Prices And Solid Results
Kinross Gold Corporation
Kinross Gold's (KGC) Q1 report showed strong revenues and EPS. The share price has incorporated the impact of these results and KGC is trading at the higher end of its 52-week range. In the prevailing macroeconomic environment, gold has played well as an investors' safe haven and there's room for further upside in gold prices as the economic uncertainty continues. Despite its recent bullish run and the technically risky price levels, KGC is undervalued compared with a bunch of peer gold miners. Aside from its relative attractive valuation, KGC has a growth story