Shares of Kirkland Lake Gold Ltd. (NYSE:KL) have been given an average broker rating score of 1.80 (Buy) from the five analysts that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a hold recommendation, two have given a buy recommendation and two have issued a strong buy recommendation on the company. Kirkland Lake Gold’s rating score has improved by 10% in the last 90 days as a result of various analysts’ upgrades and downgrades.
Analysts have set a one year consensus price objective of $19.20 for the company, according to Zacks. Zacks has also assigned Kirkland Lake Gold an industry rank of 194 out of 265 based on the ratings given to related companies.
KL has been the subject of a number of research analyst reports. Zacks Investment Research upgraded Kirkland Lake Gold from a “hold” rating to a “buy” rating and set a $17.00 target price for the company in a research note on Wednesday, January 3rd. Desjardins upgraded Kirkland Lake Gold from a “hold” rating to a “buy” rating in a research note on Monday, November 27th.
Kirkland Lake Gold (NYSE:KL) traded down $0.11 on Friday, hitting $15.61. The stock had a trading volume of 97,521 shares, compared to its average volume of 785,861. The stock has a market cap of $3,310.00 and a PE ratio of 24.78. The company has a current ratio of 2.30, a quick ratio of 1.98 and a debt-to-equity ratio of 0.02. Kirkland Lake Gold has a 52 week low of $6.30 and a 52 week high of $16.89.
Kirkland Lake Gold (NYSE:KL) last released its earnings results on Wednesday, February 21st. The company reported $0.34 EPS for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.10. The company had revenue of $212.36 million during the quarter. Kirkland Lake Gold had a return on equity of 14.37% and a net margin of 17.72%. sell-side analysts predict that Kirkland Lake Gold will post 1.09 EPS for the current fiscal year.
Kirkland Lake Gold Company Profile
Kirkland Lake Gold Ltd. engages in the exploration and development of gold properties. The company owns and operates five underground gold mines, including the Macassa mine, the Holt mine, and the Taylor mine in Ontario, Canada; and the Fosterville Mine in Victoria and the Cosmo Mine in Northern Territory, Australia, as well as four milling facilities in Canada and Australia.
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