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Why Kinross Gold Stock Popped on Wednesday

TheMotleyFool 
0 0 19.08.26
Why Kinross Gold Stock Popped on Wednesday: https://g.foolcdn.com/editorial/images/884174/stacks-of-gold-bars-marked-fine-gold-1000g.jpg
 

Gold prices leaped higher on Wednesday, with the price of an ounce of the shiny metal rising 3% through 12:15 p.m. ET -- an increase of more than $130 per ounce.

Gold stocks weren't slow in following the price of gold higher. Kinross Gold Corporation (NYSE: KGC) stock is up 10.7% on no news other than the rising cost of gold.

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Source Fool.com

Kinross Gold Corp. Stock

€26.93
5.150%
A very strong showing by Kinross Gold Corp. today, with an increase of €1.32 (5.150%) compared to yesterday's price.
The stock is one of the favorites of our community with 21 Buy predictions and 2 Sell predictions.
As a result the target price of 32 € shows a slightly positive potential of 18.83% compared to the current price of 26.93 € for Kinross Gold Corp..
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