Kirkland Lake Gold Ltd. with ticker code (KL) now have 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 50 and 40 with a mean TP of 45.25. With the stocks previous close at 39.64 this now indicates there is a potential upside of 14.2%. There is a 50 day moving average of 40.97 while the 200 day moving average is 41. The market cap for the company is $11,277m. You can visit the company’s website by visiting: https://www.klgold.com
The potential market cap would be $12,873m 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.
