Kinross Gold's Production Outlook Improves, Analyst Double Upgrades Stock
1. BofA upgraded KGC from Underperform to Buy ahead of earnings. 2. Gold prices rose to $2,771/oz, influenced by a weaker U.S. Dollar. 3. Analyst raised KGC’s 2026 GEO production forecast to 2 million ounces. 4. Concerns about mine life and unit costs are being effectively managed. 5. Potential for share buyback may enhance capital returns in 2025.