$KGC Kinross Gold Stock Update

Kinross Gold, along with most other miners (besides Agnico-Eagle who beat estimates), fell this month. The stock is now values almost 20% below book value and its dividend is climbing upwards to almost 2%. Not much has been made public regarding news but earnings are coming up this week and the annual meeting is on Wednesday, so I feel we’ll have a great idea of where the company is headed after next week.

Sentiment: Hold

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