Kinross Gold (KGC) +1.5% premarket on speculation it may be a takeover target after saying earlier this week it will write down the value of its Tasiast mine in Mauritania, sending shares tumbling 20%. The company sells for $0.76 per dollar of net assets vs. the industry median of 2.5x, according to Bloomberg. Newmont Mining (NEM) is listed as a potentially interested suitor.
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