15 Cheap Stocks Under $50 to Buy Right Now

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7. Kinross Gold Corporation (NYSE:KGC)

Kinross Gold Corporation (NYSE:KGC) is one of the best cheap stocks under $50 to buy right now. On February 26, BofA lifted the price target on Kinross Gold Corporation (NYSE:KGC) to $42.75 from $37.50 while reiterating a Buy rating on the shares and telling investors that it is updating its price targets for the North American Metals & Mining stocks under its coverage after updating forecasts for metal prices in 2026.

The rating update came after Kinross Gold Corporation (NYSE:KGC) announced its fiscal Q4 and full year 2025 results on February 18, reporting that it delivered on all key guidance metrics and maintains a three-year outlook of 2.0 million Au eq. oz. per year. It reported a record free cash flow of $2.5 billion and returned $1.5 billion to debt and equity holders in 2025. The company is also targeting 40% of free cash flow in return on capital to shareholders in 2026.

Kinross Gold Corporation (NYSE:KGC) also provided operational highlights for the period, stating that Tasiast was the highest-margin operation in the portfolio and Paracatu produced over 600,000 gold ounces, marking the eighth consecutive year over 500,000 Au oz. Operating cash flow for the quarter was $1.146 billion, and $3.760 billion for the full year 2025.

Based in Canada, Kinross Gold Corporation (NYSE:KGC) is a global senior gold mining company that operates in the US, Brazil, Mauritania, Chile, and Canada. Its projects include Fort Knox, Round Mountain, Bald Mountain, Manh Choh, Paracatu, La Coipa, Lobo-Marte, Tasiast, and Great Bear projects.

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