With the price of Gold (GC.F) rallying to new all-time highs recently, gold producers such as Kinross Gold (K.TO) have been increasing in relative strength.
After dropping down the rankings in the SIA S&P/TSX 60 Index Report back in February, K.TO stabilized near the red-yellow zone boundary for about a month. Last week, Kinross started to climb up the rankings again and on Friday it returned to the Green Favored Zone.
Kinross is currently in 10th position, having climbed 14 places on Friday and 25 spots in the last month.
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