Top 10 Cheap Stocks to Buy with Biggest Upside Potential 

7. Kinross Gold Corporation (NYSE:KGC)

Kinross Gold Corporation (NYSE:KGC) is one of the top cheap stocks to buy with the biggest upside potential. Kinross Gold Corporation (NYSE:KGC) announced financial results for fiscal Q1 2026 on April 29, reporting that production in the quarter reached 492,563 gold equivalent ounces (Au eq. oz.). Production cost of sales was $1,397 per Au eq. oz. sold, with attributable production cost of sales of $1,380 per Au eq. oz. sold.

Management further reported that operating cash flow for the quarter was $1.139 billion, with record attributable free cash flow of $837.5 million. In addition, margins increased by 92% compared to fiscal Q1 2025 to a record $3,476 per Au eq. oz. sold, and rose 22% quarter-over-quarter, outpacing the rise in the average realized gold price in both comparable periods.

Kinross Gold Corporation (NYSE:KGC) also stated that it is on track to meet its annual guidance and expects to produce 2.0 million Au eq. oz. (+/- 5%) at a production cost of sales per Au eq. oz. sold of $1,360 (+/- 5%) and all-in sustaining cost of $1,730 (+/- 5%) per ounce sold for 2026. It also stated that the total attributable capital expenditures are forecast to be $1,500 million (+/- 5%).

Based in Canada, Kinross Gold Corporation (NYSE:KGC) is involved in the production, exploration, acquisition, and development of gold properties. Its operations are divided into the following business segments: Tasiast, Paracatu, La Coipa, Fort Knox, Round Mountain, Bald Mountain, and Corporate & Other.