Kirkland Lake Gold Inc. (TSE:KLG) – Investment analysts at Clarus Securities lifted their FY2016 earnings per share estimates for shares of Kirkland Lake Gold in a report issued on Monday. Clarus Securities analyst J. Spratt now forecasts that the brokerage will post earnings of $0.78 per share for the year, up from their prior estimate of $0.77.
Separately, Scotiabank set a C$14.00 price objective on Kirkland Lake Gold and gave the stock an “outperform” rating in a research note on Friday, September 30th.
Shares of Kirkland Lake Gold (TSE:KLG) traded down 7.14% on Wednesday, hitting $8.19. The stock had a trading volume of 1,052,803 shares. Kirkland Lake Gold has a 12-month low of $4.51 and a 12-month high of $12.39. The company’s 50-day moving average price is $11.40 and its 200 day moving average price is $10.62.
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