K:CC - Kinross Gold: The Impressive Operational Performance Continues
2024-07-07 01:08:00 ET
Summary
- Kinross Gold is a well-diversified gold mining company with the majority of production coming from North and South America.
- The stock price of Kinross is up 41% this year, outperforming peers, driven by strong operational performance and a high gold price.
- Kinross has high-quality assets, interesting near-term catalysts, and potential for long-term growth, but stock is currently somewhat fairly valued.
Overview
Kinross Gold ( KGC ) is a large gold mining company that is guiding for a gold equivalent production of 2.1Moz in 2024, which is roughly in-line with what the company has produced over the last couple of years. I have covered Kinross a couple of times per year since 2022 and the prior articles on the company can be found here . ...
Kinross Gold: The Impressive Operational Performance Continues