CIBC analyst Anita Soni raised the firm’s price target on Kinross Gold (KGC) to $38.50 from $37 and keeps an Outperformer rating on the shares after the company announced plans to proceed with construction for Round Mountain’s Phase X, Curlew, and Bald Mountain’s Redbird 2. These will extend Kinross’s production profile into 2031, the analyst tells investors in a research note.
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