Kinross Gold Corporation (KGC)

Featured image Photo by Alexander Grey on Unsplash 


03-25-25: Still regretting my last sale. Also still not liking the debt even if it did trip the top line JSTock alert today. Since I’m at House’s Money, I bumped to the top to $13.25 and brought the bottom up to $10.60 to consider double-dipping in this crazy economy.


02-01-25: That stop loss tripped at $9.57 on 09-16-24…and today it is at $11.28, so once again the market beats me. Upside is, it is now in my realm of free stock, so I can relax my watches a bit. But only a little, because I don’t understand why a gold mining company would carry so much debt in today’s economy. Hoping it is because they expect returns to outperform interest rates. Setting JStock to $4 and $12.50


05-13-24: Placed the stop loss today. Raising JStock watch to $8.00 to boost the bottom if it goes on a run (or even a walk).


09-24-23: Bought this as an inflation hedge, which hasn’t worked out. I don’t like the debt ratio or the margins, so essentially hanging on as a gold play because I’m too lazy to find a better one. I’ll pick up more if it drops below $3.70 without good cause, and take my profits at $7.50 with a stop loss.


Invest in your karma by sharing this if you found it valuable

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.