Kinross Gold Corporation Reaffirms FY23 Guidance; Expects 2.1M Au Eq. Oz (+/- 5%)
Portfolio Pulse from Benzinga Newsdesk
Kinross Gold Corporation has reaffirmed its FY23 guidance, expecting to produce 2.1 million gold equivalent ounces, with a margin of error of +/- 5%.
August 04, 2023 | 12:33 pm
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POSITIVE IMPACT
Kinross Gold Corporation's reaffirmation of its FY23 guidance could potentially instill confidence in investors, possibly leading to a positive impact on its stock price.
Reaffirming guidance is generally seen as a positive sign by investors as it indicates that the company is on track to meet its targets. This could potentially lead to increased investor confidence in KGC, which could in turn have a positive impact on its stock price.
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