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Fly News Breaks for January 23, 2020
KGC
Jan 23, 2020 | 05:46 EDT
Credit Suisse analyst Fahad Tariq reinstated coverage of Kinross Gold with a Neutral rating and $5.25 price target. The analyst cites the company's "still elevated" capex this year and continued geopolitical risk in Mauritania for the Neutral rating. However, Tariq is constructive on Kinross Gold's acquisition of the Chulbatkan development project.
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