NEW YORK (TheStreet) -- Kinross Gold Corp. (KGC) - Get Report  shares are retreating 0.17% to $3.02 on Monday as gold prices fell on light trading volume today given the Easter Monday market holiday in Europe. 

Gold for April delivery is down 0.12% to $1,220.10 per ounce on the COMEX this afternoon.

Even though the precious metal is up around 15% so far this year, it couldn't hold onto its gains recently as investors expect that the Federal Reserve could lift interest rates sooner rather than later, the Wall Street Journal reports.

This is due to strong economic data and the labor market showing signs of strength.

Higher rates have a negative impact on gold as it becomes more costly for holders of other currencies.

Based in Toronto, Kinross Gold engages in the acquisition, exploration, development, and production of gold properties.

Separately, TheStreet Ratings currently has a "Sell" rating on the stock with a letter grade of D.

The area that we feel has been the company's primary weakness has been its disappointing return on equity.

Recently, 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 articles' author.

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

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