The price of KGC is predicted to go up 58.14%, based on the high correlation periods with EXPI. The similarity of these two price pattern on the periods is 98.12%.
KGC
EXPI
Tasiast and Paracatu, Kinross' two largest operations by production, sit within the lower half of the industry cost curve.
The Great Bear project in Canada is a potential long-life, low-cost mine that, if developed, could increase Kinross' gold production by 25%.
Gold companies tend not to follow general economic cycles. They can also provide a hedge to inflation risk.
Jefferies
2024-10-04
Price Target
$9 → $10
Upside
+6.16%