Freedom Broker Upgrades Kinross Gold Corporation (KGC) to Buy, Lifts PT

1 hour ago 1

Noor Ul Ain Rehman

Tue, May 26, 2026 astatine 7:07 AM CDT 2 min read

Kinross Gold Corporation (NYSE:KGC) is 1 of the champion commodity stocks to bargain for the supercycle. Kinross Gold Corporation (NYSE:KGC) was upgraded to Buy from Hold by Freedom Broker connected May 18, with the steadfast adjusting the terms people connected the banal to $38 from $13.50. It told investors successful a probe enactment that Kinross Gold Corporation (NYSE:KGC) reported a “clean, high-quality beat” successful fiscal Q1, adding that Great Bear is the “most important unpriced option” successful the company’s portfolio.

Why Kinross Gold Corp. (KGC) Went Up On Thursday?

For reference, successful its fiscal results for fiscal Q1 2026, Kinross Gold Corporation (NYSE:KGC) reported that accumulation successful the 4th reached 492,563 golden equivalent ounces (Au eq. oz.). Production outgo of income was $1,397 per Au eq. oz. sold, with attributable accumulation outgo of income of $1,380 per Au eq. oz. sold.

Kinross Gold Corporation (NYSE:KGC) besides stated that it is connected way to conscionable its yearly guidance and expects to nutrient 2.0 cardinal Au eq. oz. (+/- 5%) astatine a accumulation outgo of income per Au eq. oz. sold of $1,360 (+/- 5%) and all-in sustaining outgo of $1,730 (+/- 5%) per ounce sold for 2026. It besides stated that the full attributable superior expenditures are forecast to beryllium $1,500 cardinal (+/- 5%).

Based successful Canada, Kinross Gold Corporation (NYSE:KGC) is progressive successful the production, exploration, acquisition, and improvement of golden properties. Its operations are divided into the pursuing concern segments: Tasiast, Paracatu, La Coipa, Fort Knox, Round Mountain, Bald Mountain, and Corporate & Other.

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