Kirkland Lake Gold Ltd. – Consensus Indicates Potential 10.2% Upside

Broker Ratings

Kirkland Lake Gold Ltd. with ticker code (KL) have now 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 50 and 40 with a mean TP of 45.25. With the stocks previous close at 41.05 this would indicate that there is a potential upside of 10.2%. The day 50 moving average is 43.37 and the 200 moving average now moves to 40.02. The market capitalisation for the company is $10,761m. Company Website: http://www.klgold.com

Kirkland Lake Gold Ltd. engages in the acquisition, production, and operation of gold properties. The company holds interest in the Fosterville Mine located in the State of Victoria, Australia; and the Macassa Mine situated in the Municipality of Kirkland Lake, Ontario, Canada, as well as the Detour Lake Mine located in northeastern Ontario, Canada. It has a strategic alliance agreement with Newmont Corporation. The company was formerly known as Newmarket Gold Inc. and changed its name to Kirkland Lake Gold Ltd. in December 2016. Kirkland Lake Gold Ltd. is headquartered in Toronto, Canada.

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