Post by
Trapped on May 24, 2021 8:46am
Question for Kinross Longs (If there any out there :)
Hey folks, I'm a long-term stockholder with 20K units in K. In your opinion, what's it going to take to get this share price well above the $10 mark so it aligns with the majority of analyst projections?
The company is meeting production guidance, reducing debt, paying a sustainable dividend, controlling costs, investing prudently in long-term plays and gold is holding at a fairly decent level.
So, what's it going to take?? Cheers and GLTA K longs :)
Comment by
smilley69 on May 24, 2021 12:39pm
It's going to take an increase in pog and maintaining guidance. Simple as that. I only hold 2K and plan to exit $4 - 5. GLTY
Comment by
BiggyG on May 25, 2021 11:02am
Agree smilley69 I am looking at $14. Not worried in the least, although not thrilled with current SP
Comment by
Trapped on May 25, 2021 7:03pm
Thanks, everyone, for your thoughts, which were very helpful. I'm hanging in there as well for a rise, hopefully to the $14 range as well. Cheers and GLTA. --
Comment by
grape562000 on Jun 07, 2021 12:38pm
In an interrview with the CEO of Sibanye Stillwater, a $20B market cap is the key. To get there, some consolidation/merging needs to occur. SBSW approached KGC it seems but KGC rejected the overture. SBSW has also floated combining with Gold Fields and Anglogold Ashanti...also found no interest. As you suggest, just a matter of time and who the players/combinations will be.