Kirkland Lake Gold Ltd. with ticker code (KL) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 49 and 40 calculating the average target price we see 44.5. Given that the stocks previous close was at 39.01 this would indicate that there is a potential upside of 14.1%. The 50 day MA is 39.72 and the 200 day moving average is 41.23. The company has a market cap of $10,263m. You can visit the company’s website by visiting: https://www.klgold.com
The potential market cap would be $11,707m based on the market concensus.
Kirkland Lake Gold Ltd. engages in the acquisition, production, and operation of gold properties. The company holds interest in the Fosterville Mine located in the State of Victoria, Australia; and the Macassa Mine situated in the Municipality of Kirkland Lake, Ontario, Canada, as well as the Detour Lake Mine located in northeastern Ontario, Canada. It has a strategic alliance agreement with Newmont Corporation. The company was formerly known as Newmarket Gold Inc. and changed its name to Kirkland Lake Gold Ltd. in December 2016. Kirkland Lake Gold Ltd. is headquartered in Toronto, Canada. As of February 8, 2022, Kirkland Lake Gold Ltd. operates as a subsidiary of Agnico Eagle Mines Limited.
