Kinross Gold Stock Falls on Production Guidance Cuts and Price Target Reduction
Kinross Gold is trading lower Thursday as lower production guidance and a Scotiabank price target cut outweighed higher shareholder returns.
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Why It Matters
Kinross Gold said it will mine less gold than it promised. When a company mines less, it usually makes less money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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