Kirkland Lake Gold (KL) Receiving Somewhat Positive Press Coverage, Analysis Shows

Headlines about Kirkland Lake Gold (NYSE:KL) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Kirkland Lake Gold earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.8717325885659 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the news headlines that may have effected Accern’s analysis:

How to Become a New Pot Stock Millionaire

Separately, Zacks Investment Research cut Kirkland Lake Gold from a “buy” rating to a “sell” rating in a research note on Tuesday, January 16th. One analyst has rated the stock with a hold rating and three have given a buy rating to the stock. Kirkland Lake Gold currently has an average rating of “Buy” and an average price target of $17.00.

KL opened at $15.59 on Friday. The firm has a market capitalization of $3,185.07 and a P/E ratio of 21.96. 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. Kirkland Lake Gold had a return on equity of 14.37% and a net margin of 17.72%. The business had revenue of $212.36 million for the quarter. sell-side analysts anticipate that Kirkland Lake Gold will post 1.09 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Stockholders of record on Thursday, March 29th will be paid a dividend of $0.0153 per share. The ex-dividend date is Wednesday, March 28th. This represents a $0.06 dividend on an annualized basis and a dividend yield of 0.39%. Kirkland Lake Gold’s dividend payout ratio (DPR) is currently 8.45%.

ILLEGAL ACTIVITY NOTICE: This news story was originally published by Ticker Report and is the property of of Ticker Report. If you are reading this news story on another site, it was illegally copied and republished in violation of United States and international copyright legislation. The correct version of this news story can be viewed at https://www.tickerreport.com/banking-finance/3336869/kirkland-lake-gold-kl-receiving-somewhat-positive-press-coverage-analysis-shows.html.

About Kirkland Lake Gold

Kirkland Lake Gold Ltd. engages in the exploration and development of gold properties. The company owns and operates four underground gold mines, including the Macassa mine, the Holt mine, and the Taylor mine in Ontario, Canada; and the Fosterville Mine in Victoria, Australia, as well as three milling facilities in Canada and Australia.

Insider Buying and Selling by Quarter for Kirkland Lake Gold (NYSE:KL)

Receive News & Ratings for Kirkland Lake Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kirkland Lake Gold and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

$1.87 Billion in Sales Expected for Newmont Mining Co.  This Quarter
$1.87 Billion in Sales Expected for Newmont Mining Co. This Quarter
Analysts Expect Potbelly Sandwich Works  Will Post Quarterly Sales of $102.70 Million
Analysts Expect Potbelly Sandwich Works Will Post Quarterly Sales of $102.70 Million
Research Analysts’ Weekly Ratings Changes for Tractor Supply
Research Analysts’ Weekly Ratings Changes for Tractor Supply
Investment Analysts’ Recent Ratings Updates for Raymond James Financial
Investment Analysts’ Recent Ratings Updates for Raymond James Financial
Walgreens Boots Alliance  – Research Analysts’ Weekly Ratings Changes
Walgreens Boots Alliance – Research Analysts’ Weekly Ratings Changes
Privatix  Reaches Market Capitalization of $1.79 Million
Privatix Reaches Market Capitalization of $1.79 Million


Leave a Reply

© 2006-2018 Ticker Report. Google+.