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:
- Kirkland Lake Gold Ltd. (KL) Forms Bearish Head & Shoulders Chart Pattern Trading at $15.13 (thefrugalforager.com)
- Kirkland Lake Gold Reports Strong Year-Over-Year Q1 Production Growth (markets.financialcontent.com)
- Comparing Kirkland Lake Gold (KL) & Its Peers (americanbankingnews.com)
- KL Gold funding $3.2 million dollar ICU/CAT scan for KDH (northernnews.ca)
- Where to look at selling opportunities on Kirkland Lake Gold Ltd. (KL) (wallstreetmorning.com)
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.
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%.
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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.
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