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Fly News Breaks for February 8, 2016
KGC
Feb 8, 2016 | 08:46 EDT
As noted earlier, BMO Capital upgraded Kinross Gold to Outperform from Market Perform. The firm says that the company remains undervalued versus its peers, while it has "a solid track record" of gold production. Additionally, the firm thinks that investors will place a higher valuation on the company's Round Mountain property in Nevada in the wake of the recent increase in the price of gold. Target to $2.75 from $2.
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