Raymond Wesley Threlkeld Sells 93,500 Shares of Kirkland Lake Gold Ltd (KL) Stock

Kirkland Lake Gold Ltd (TSE:KL) Director Raymond Wesley Threlkeld sold 93,500 shares of the business’s stock in a transaction on Friday, August 11th. The shares were sold at an average price of C$13.26, for a total transaction of C$1,239,810.00.

Raymond Wesley Threlkeld also recently made the following trade(s):

• On Monday, August 14th, Raymond Wesley Threlkeld sold 9,000 shares of Kirkland Lake Gold stock. The shares were sold at an average price of C$13.29, for a total transaction of C$119,610.00.

Shares of Kirkland Lake Gold Ltd (TSE:KL) opened at 14.15 on Thursday. The stock has a market cap of $2.95 billion and a PE ratio of 34.85. Kirkland Lake Gold Ltd has a 1-year low of $6.33 and a 1-year high of $14.21. The stock’s 50 day moving average is $12.40 and its 200-day moving average is $10.58.

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A number of research analysts have weighed in on KL shares. Scotiabank reaffirmed an “outperform” rating and issued a C$11.50 price objective on shares of Kirkland Lake Gold in a report on Thursday, May 11th. BMO Capital Markets set a C$15.25 price objective on shares of Kirkland Lake Gold and gave the company an “outperform” rating in a report on Friday, June 30th. CIBC lifted their price objective on shares of Kirkland Lake Gold from C$12.50 to C$14.50 in a report on Tuesday, July 11th. National Bank Financial lifted their price objective on shares of Kirkland Lake Gold from C$15.00 to C$15.35 in a report on Friday, July 14th. Finally, Royal Bank Of Canada lifted their price objective on shares of Kirkland Lake Gold from C$14.00 to C$16.00 and gave the company an “outperform” rating in a report on Tuesday, August 8th. Four analysts have rated the stock with a buy rating, Kirkland Lake Gold presently has a consensus rating of “Buy” and an average target price of C$15.52.