Kinross Gold Corporation (NYSE:KGC) sees hedge fund interest, ranked among the 11 best mineral stocks. CIBC raises PT on KGC from $16 to $21 due to strong cash flow growth. The company aims for stable gold production, targeting 2 million ounces for increased value. Analysts project 11% and 16.5% growth in earnings for FY25 and FY26. KGC operates in the US, Brazil, Chile, Canada, and Mauritania, listed among the Best Material Stocks. Despite KGC’s potential, AI stocks may offer greater upside with less risk. For a report on undervalued AI stocks, see the link provided.
Read more at Yahoo Finance: CIBC Raises PT on Kinross Gold Corporation (KGC) from $16 to $21 Amid Strong Cash Flow Growth
