Friday, May 30, 2014

Best Canadian Stocks To Buy Right Now

Best Canadian Stocks To Buy Right Now: Kinross Gold Corporation(KGC)

Kinross Gold Corporation, together with its subsidiaries, engages in mining and processing gold ores. It also involves in the exploration and acquisition of gold bearing properties. The company?s gold production and exploration activities are carried out principally in the Americas, Africa, and the Russian Federation. As of December 31, 2010, its proven and probable mineral reserves were 62.4 million ounces of gold, 90.9 million ounces of silver, and 1.4 billion pounds of copper. The company was founded in 1972 and is based in Toronto, Canada.

Advisors' Opinion:
  • [By Selena Maranjian]

    Kinross Gold (NYSE: KGC  ) sank 40%, and yields about 3%. It has some worried, with its rising debt,and recently negativefree cash flow. Its stock has been setting some multi-year lowsand, while its earnings are in the red, its revenue has been growingsteadily over the past few years. Last year, management committed itself to quality over quantity -- and delayed some mining projects.

  • source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/best-canadian-stocks-to-buy-right-now.html

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