Latest news with #KGC
Yahoo
04-07-2025
- Business
- Yahoo
Jefferies Upgrades Kinross Gold (KGC) to Buy, Raises PT
Kinross Gold Corporation (NYSE:KGC) is one of the 10 Best Gold Stocks To Buy Right Now. On June 26, Jefferies upgraded Kinross Gold Corporation (NYSE:KGC) from a 'Hold' rating to a 'Buy' rating and also raised the price target from $14 to $18. The main reason for this upgrade is the company's strong projected free cash flow yield for 2025 and 2026. Jefferies pointed out that this distinguishes Kinross Gold Corporation (NYSE:KGC) from other major gold producers and also allows for increased share buybacks. Aerial shot of a mine entrance, the bedrock of the company's gold and silver extraction. Jefferies believes the company can repurchase around 11% of its market value during 2025 and 2026. This shows that Kinross Gold Corporation (NYSE:KGC) has a strong financial position and is focused on returning value to shareholders. The research firm also highlighted Kinross Gold Corporation's (NYSE:KGC) strong production outlook. The company aims to produce about 2 million ounces of gold in 2026. Jefferies believes this is a clear and achievable target. Additionally, the firm mentioned the potential for resource growth at Kinross Gold Corporation's (NYSE:KGC) Great Bear project. This further supports the bullish stance. Kinross Gold Corporation (NYSE:KGC) is a senior gold mining company with operations and projects in the US, Brazil, Mauritania, Chile and Canada. While we acknowledge the potential of KGC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 11 Stocks That Will Bounce Back According To Analysts and 11 Best Stocks Under $15 to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-06-2025
- Business
- Yahoo
Zacks.com featured highlights include Exelixis, Lyft and Kinross Gold
Chicago, IL – June 30, 2025 – Stocks in this week's article are Exelixis, Inc. EXEL, Lyft, Inc. LYFT and Kinross Gold Corp. KGC. Stock markets have been experiencing significant volatility of late. This is largely because of geopolitical tensions and the ongoing trade war. These near-term risks have led to expectations of economic slowdown and rising inflation. In such an uncertain environment, retail investors face significant challenges in selecting the right stocks and achieving strong returns. One way to cut short this task is to follow brokers' recommendations. In this regard, stocks like Exelixis, Inc., Lyft, Inc. and Kinross Gold Corp. are worth considering. As brokers directly communicate with top management, they have more insight into what is happening in a particular company. They assess a company's publicly available documents and even attend conference calls. Brokers have more understanding of the overall sector and industry. They place company fundamentals against the current economic backdrop to determine how a particular stock will fare as an investment. When brokers upgrade a stock, one can easily rely on their judgment. Yet, depending on broker upgrades is not enough to build your investment portfolio. A few other factors should be taken into account to ensure steady returns. Alameda, CA-based Exelixis is an oncology-focused biotechnology company that primarily focuses on the discovery, development and commercialization of new drugs for the treatment of difficult-to-treat cancers. Currently, EXEL has four approved drugs in its portfolio. Exelixis' 2025 earnings are expected to rise 32% year over year. EXEL, which currently carries a Zacks Rank #2, has witnessed a 5% upward revision in broker ratings over the past four weeks. Lyft, based in San Francisco, CA, was founded in 2012. LYFT operates multimodal transportation networks in the United States and Canada. LYFT's 2025 earnings are projected to grow 15.8% on a year-over-year basis. Lyft, carrying a Zacks Rank #2 at present, has witnessed a 2.5% upward revision in broker ratings over the past four weeks. Based in Toronto, Canada, Kinross is involved in the exploration and operation of gold mines. KGC ranks among the top 10 gold mining companies globally. Kinross' 2025 earnings are expected to jump 69.1% year over year. KGC, presently carrying a Zacks Rank #2, has witnessed an 8.3% upward revision in broker ratings over the past four weeks. Get the remaining stock on the list and start putting this and other ideas to the test. It can all be done with the Research Wizard stock picking and backtesting software. The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out. Click here to sign up for a free trial of the Research Wizard today. For the rest of this Screen of the Week article please visit at: Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. About Screen of the Week created the first and best screening system on the web earning the distinction as the "#1 site for screening stocks" by Money Magazine. But powerful screening tools is just the start. That is why Zacks created the Screen of the Week to highlight profitable stock picking strategies that investors can actively use. Strong Stocks that Should Be in the News Many are little publicized and fly under the Wall Street radar. They're virtually unknown to the general public. Yet today's 220 Zacks Rank #1 "Strong Buys" were generated by the stock-picking system that has more than doubled the market from 1988 through 2016. Its average gain has been a stellar +25% per year. See these high-potential stocks free >>. Follow us on Twitter: Join us on Facebook: Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates. Contact: Jim Giaquinto Company: Phone: 312-265-9268 Email: pr@ Visit: provides investment resources and informs you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit information about the performance numbers displayed in this press release. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Kinross Gold Corporation (KGC) : Free Stock Analysis Report Exelixis, Inc. (EXEL) : Free Stock Analysis Report Lyft, Inc. (LYFT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-06-2025
- Business
- Yahoo
RBC Capital Maintains a Hold Rating on Kinross Gold (KGC) With a $19 PT
Kinross Gold Corporation (NYSE:KGC) is one of the 11 Cheap Gold Stocks to Buy According to Hedge Funds. In a report released on June 3, Josh Wolfson from RBC Capital maintained a Hold rating on Kinross Gold Corporation (NYSE:KGC) with a price target of $19.00. The company's fiscal Q1 2025 results showed the production of 512,088 gold equivalent ounces (Au eq. oz.) along with a strengthening balance sheet with improving debt metrics. Aerial shot of a mine entrance, the bedrock of the company's gold and silver extraction. Kinross Gold Corporation (NYSE:KGC) repaid the remaining $200 million of its term loan, further supporting its balance sheet. Cash and cash equivalents for the quarter increased to $694.6 million, and the company had total liquidity of approximately $2.3 billion as of March 31, 2025. Based in Canada, Kinross Gold Corporation (NYSE:KGC) is a global senior gold mining company operating in the US, Brazil, Mauritania, Chile, and Canada. Its projects include Fort Knox, Round Mountain, Bald Mountain, Manh Choh, Paracatu, La Coipa, Lobo-Marte, Tasiast, and Great Bear projects. While we acknowledge the potential of KGC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Yahoo
23-06-2025
- Business
- Yahoo
AEM's Debt Discipline Deepens: Lower Leverage a Recipe for Growth?
Agnico Eagle Mines Limited AEM has made impressive strides in fortifying its balance sheet, underscoring its commitment to financial discipline. It remains focused on paying down debt using excess cash, having reduced net debt by a staggering $1,287 million in 2024. It further slashed net debt by $212 million sequentially to just $5 million at the end of the first quarter. The company's long-term debt-to-capitalization is just around 5%, indicating lower financial risks. This sharp deleveraging was driven by strong free cash flow generation. AEM has a robust liquidity position and generates substantial cash flows, which allow it to maintain a strong exploration budget, finance a strong pipeline of growth projects, pay down debt and drive shareholder value. It generated solid first-quarter free cash flows of $594 million, up around 50% year over year, backed by the strength in gold prices and robust operational results. The company's aggressive deleveraging efforts have rendered enhanced financial flexibility, underpinning confidence in its capacity to fund growth and drive shareholder returns without over-reliance on external financing. Agnico Eagle's ultra-low debt profile also offers a competitive edge in addition to bolstering its ability to reinvest in exploration and development across the peer landscape, Kinross Gold Corporation KGC has also taken steps to improve its leverage profile, thanks to strong free cash flow generation. Kinross repaid $800 million of debt during 2024 and the remaining $200 million of its term loan in the first quarter, reducing its net debt to around $540 million. Notably, Kinross' free cash flow more than doubled year over year to $370.8 million in the first quarter. Newmont Corporation NEM is balancing deleveraging with post-Newcrest acquisition integration and asset streamlining through strategic non-core divestments. Newmont has reduced debt by $1 billion since the beginning of 2025. Newmont ended the first quarter with net debt of $3,221 million, down from $5,308 million at the end of 2024. Agnico Eagle's shares have rallied 54.7% year to date against the Zacks Mining – Gold industry's rise of 54.4%, driven by an upswing in gold prices. Image Source: Zacks Investment Research From a valuation standpoint, AEM is currently trading at a forward 12-month earnings multiple of 19.96, a roughly 42.9% premium to the industry average of 13.97X. It carries a Value Score of C. Image Source: Zacks Investment Research The Zacks Consensus Estimate for AEM's 2025 and 2026 earnings implies a year-over-year rise of 42.6% and 0.8%, respectively. The EPS estimates for 2025 and 2026 have been trending higher over the past 60 days. Image Source: Zacks Investment Research AEM stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Newmont Corporation (NEM) : Free Stock Analysis Report Kinross Gold Corporation (KGC) : Free Stock Analysis Report Agnico Eagle Mines Limited (AEM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Globe and Mail
23-06-2025
- Business
- Globe and Mail
AEM's Debt Discipline Deepens: Lower Leverage a Recipe for Growth?
Agnico Eagle Mines Limited AEM has made impressive strides in fortifying its balance sheet, underscoring its commitment to financial discipline. It remains focused on paying down debt using excess cash, having reduced net debt by a staggering $1,287 million in 2024. It further slashed net debt by $212 million sequentially to just $5 million at the end of the first quarter. The company's long-term debt-to-capitalization is just around 5%, indicating lower financial risks. This sharp deleveraging was driven by strong free cash flow generation. AEM has a robust liquidity position and generates substantial cash flows, which allow it to maintain a strong exploration budget, finance a strong pipeline of growth projects, pay down debt and drive shareholder value. It generated solid first-quarter free cash flows of $594 million, up around 50% year over year, backed by the strength in gold prices and robust operational results. The company's aggressive deleveraging efforts have rendered enhanced financial flexibility, underpinning confidence in its capacity to fund growth and drive shareholder returns without over-reliance on external financing. Agnico Eagle's ultra-low debt profile also offers a competitive edge in addition to bolstering its ability to reinvest in exploration and development projects. Looking across the peer landscape, Kinross Gold Corporation KGC has also taken steps to improve its leverage profile, thanks to strong free cash flow generation. Kinross repaid $800 million of debt during 2024 and the remaining $200 million of its term loan in the first quarter, reducing its net debt to around $540 million. Notably, Kinross' free cash flow more than doubled year over year to $370.8 million in the first quarter. Newmont Corporation NEM is balancing deleveraging with post-Newcrest acquisition integration and asset streamlining through strategic non-core divestments. Newmont has reduced debt by $1 billion since the beginning of 2025. Newmont ended the first quarter with net debt of $3,221 million, down from $5,308 million at the end of 2024. The Zacks Rundown for AEM Agnico Eagle's shares have rallied 54.7% year to date against the Zacks Mining – Gold industry's rise of 54.4%, driven by an upswing in gold prices. From a valuation standpoint, AEM is currently trading at a forward 12-month earnings multiple of 19.96, a roughly 42.9% premium to the industry average of 13.97X. It carries a Value Score of C. The Zacks Consensus Estimate for AEM's 2025 and 2026 earnings implies a year-over-year rise of 42.6% and 0.8%, respectively. The EPS estimates for 2025 and 2026 have been trending higher over the past 60 days. AEM stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%. Free: See Our Top Stock And 4 Runners Up Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Newmont Corporation (NEM): Free Stock Analysis Report Kinross Gold Corporation (KGC): Free Stock Analysis Report Agnico Eagle Mines Limited (AEM): Free Stock Analysis Report
