NEW YORK (TheStreet) --  Kinross Gold (KGC) - Get Report stock is slumping by 5.54% to $4.26 in late-afternoon trading on Friday, as shares of gold miners are negatively impacted by lower gold prices. 

Gold for August delivery is down by 1.06% to $1,209.80 on the COMEX this afternoon.

The commodity is on track for a fourth straight weekly decline in prices on growing speculation that the Federal Reserve will soon hike interest rates. 

Higher interest rates raise the opportunity cost of holding gold and strengthen the dollar, making commodities priced in the greenback more expensive to foreign buyers. 

"Expectations for summer rate hikes from the Fed have changed over the past couple of weeks, and looking at that, combined with the dollar being off its lows, equities near the highs, and yields higher, it's a warranted move in gold," UBS analyst Joni Teves told Reuters.

Separately, TheStreet Ratings team rates the stock as a "hold" with a ratings score of C-.

Kinross Gold's strengths such as its revenue growth and solid stock price performance are countered by the fact that the company's cash flow from its operations has been weak overall.

You can view the full analysis from the report here: KGC

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author. 

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