Share PriceWith the favourable results in addition to the dividend increase should move the stock into the $20's range
While companies like G and ABX and AEM have been riding the wave with the appreciating price of gold, Kinross share price has pretty much been on hold pending the results release.
Now it is catch up time.
Also to recall is that when the price of oil ran to 100$ per barrell mining companies were hit due to the associated higher production costs.
Should oil remain in around the current price range it will reflect on near future prodution costs in a favourable way