Kirkland Lake Gold Ltd. with ticker code (KL) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 49 and 40 calculating the average target price we see 44.5. Now with the previous closing price of 39.01 this is indicating there is a potential upside of 14.1%. The 50 day MA is 39.72 while the 200 day moving average is 41.23. The market capitalisation for the company is $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.
