IAMGOLD Corporation (USA) (IAG), Kinross Gold Corporation (USA) (KGC): Buy These 3 Canadian Gold Mining Stocks

The adjusted earnings and revenues of Kinross Gold (NYSE:KGC) during the first-quarter of 2013 beat analysts’ estimates. Consequently, Zacks upheld a neutral value despite a weak gold price. Moreover, Kinross Gold’s production was increased during this quarter, and that trend is likely to continue in the coming months. It has a market cap of $7.16 billion and an enterprise value of $8 billion. At $6.27, Kinross Gold (NYSE:KGC) is not only affordable, but also presents investors with huge opportunities.

Canadian mining stocks are vastly more attractive than other nations’ miners because of the stable and secure business environment one finds in Canada. Moreover, many of these gold mining companies are doing exceptionally well. IAMGOLD, Kinross Gold, and AuRico Gold are all attractive and smart investment decisions not only for Canadians, but also for international investors.

Jaiyant Cavale has no position in any stocks mentioned. The Motley Fool recommends American International Group (NYSE:AIG). The Motley Fool owns shares of American International Group and has the following options: Long Jan 2014 $25 Calls on American International Group.

The article Buy These 3 Canadian Gold Mining Stocks originally appeared on Fool.com and is written by Jaiyant Cavale.

Jaiyant is a member of The Motley Fool Blog Network — entries represent the personal opinion of the blogger and are not formally edited.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.