Kinross Gold shares hit a 52-week high on positive analyst reports and exceeded Q EPS estimates.
Kinross Gold (NYSE: KGC) shares reached a 52-week high of $10.70, buoyed by positive analyst reports. Scotiabank raised its price target to $11.00, while CIBC set theirs at $12.00. The company reported a quarterly EPS of $0.14, exceeding estimates, and a revenue increase of 11.6%. Institutional investors have increased holdings, and analysts predict earnings growth for 2025. The stock has gained attention amid strong performance in gold mining.
October 24, 2024
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