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K:CC - Kinross Gold: Course Correction For The Next Rally
Kinross Gold Corporation
2023-04-16 02:30:32 ET
Summary
After a massive stock price surge in the past few weeks, I anticipate headwinds for gold prices and the Kinross Gold price based on rate expectations.
After the expected correction, I expect gold to rise to $3,000, supported by a more sustainable decline in rate expectations. This would be great news for Kinross Gold.
Kinross Gold is one of my top miners, thanks to efficient operations, a healthy balance sheet, and a renewed focus on shareholder distributions.