Economy

Kirkland Lake Gold Ltd. (KL) Lifted to "Buy" at Zacks Investment Research

Kirkland Lake Gold Ltd. (KL) Lifted to

In a report announced on 9/29/2017 Desjardins Securities bumped up the price target of Kirkland Lake Gold Ltd (TSE:KL) to $19.00 indicating a possible upside of 0.18%. $14.35's average target is -10.76% below currents $16.08 stock price. The company was formerly known as Kirkland Lake Gold Inc. and changed its name to Kirkland Lake Gold Ltd.in December 2016. It focuses on gold assets primarily in Macassa Mine Complex, the Taylor Mine located in northeastern Ontario and the Fosterville Gold Mine located in the state of Victoria, Australia. Kirkland Lake Gold is headquartered in Toronto, Canada. Scotia Capital maintained KIRKLAND LAKE GOLD LTD (TSE:KL) on Thursday, April 13 with "Outperform" rating. In an analyst report sent to investors and clients on 29 September, Desjardins Securities restate their Buy rating on shares of KL. The firm has a 50 day moving average of $14.81 and a 200 day moving average of $11.51. BMO Capital Markets maintained the shares of KL in report on Thursday, April 13 with "Market Perform" rating.

With a total market value of $0, Kirkland Lake Gold Ltd has P/E ratio of 39.61 with a 52 week low of $3.60 and a 52 week high of $16.96. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of US & global trademark & copyright law. The correct version of this story can be read at https://weekherald.com/2017/09/29/zacks-investment-research-upgrades-kirkland-lake-gold-ltd-kl-to-buy.html.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th.

The stock decreased 0.43% or $0.07 on September 29, reaching $16.08. The ex-dividend date of this dividend is Thursday, September 28th. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.25%.



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