Entering text into the input field will update the search result below

Kinross Gold: Searching For A Support

Aug. 01, 2022 10:02 AM ETKinross Gold Corporation (KGC)3 Comments
Fun Trading profile picture
Fun Trading


  • For the second quarter of 2022, revenues were $821.5 million, with a net loss of $40.3 million or $0.03 per diluted share.
  • Kinross Gold equivalent produced 557,491 attributable Au eq. Oz. in 2Q22 - including production from Kupol and Chirano (90%) - compared with 538,091 Au eq. Oz. in 2Q21.
  • I recommend buying KGC between $3.20 and $3.30 with possible lower support at $2.55.
  • Looking for a helping hand in the market? Members of The Gold And Oil Corner get exclusive ideas and guidance to navigate any climate. Learn More »

A lump of gold on a stone floor


Part I - Introduction

Toronto-based Kinross Gold Corp. (NYSE:KGC) released its second quarter 2022 results on July 28, 2022.

Note: I have followed KGC quarterly since 2015 with 40 articles and counting. This new article is a quarterly update of my

Join my "Gold and Oil Corner" today, and discuss ideas and strategies freely in my private chat room. Click here to subscribe now.

You will have access to 57+ stocks at your fingertips with my exclusive Fun Trading's stock tracker. Do not be alone and enjoy an honest exchange with a veteran trader with more than thirty years of experience.

"It's not only moving that creates new starting points. Sometimes all it takes is a subtle shift in perspective," Kristin Armstrong.

Fun Trading has been writing since 2014, and you will have total access to his 1,988 articles and counting.

This article was written by

Fun Trading profile picture
Fun Trading is a retired engineer and independent investor. In addition to writing on investing in all aspects of gold, oil, and gas, he runs his own portfolio..

Analyst’s Disclosure: I/we have a beneficial long position in the shares of KGC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I trade short-term KGC as well.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

Comments (3)

Beartooth profile picture
Wow...I would be drooling over 2.55!
vc7416 profile picture
A side question. 500K+ oz of gold is a lot of gold and I got to wondering what their recovery rate was per ton of material processed. I went looking for an answer, but was unable to find any references. Does anyone know what their recovery rate is/was per ton processed?
Fun Trading profile picture

I think you can find it in the M&A below per mine.

Disagree with this article? Submit your own. To report a factual error in this article, . Your feedback matters to us!

About KGC

SymbolLast Price% Chg
Market Cap
Yield (TTM)
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on KGC

Related Stocks

SymbolLast Price% Chg
To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.