Desjardins Comments on Kirkland Lake Gold’s Q1 2018 Earnings (KL)

Kirkland Lake Gold (TSE:KL) – Equities research analysts at Desjardins issued their Q1 2018 earnings per share estimates for shares of Kirkland Lake Gold in a research report issued on Tuesday, April 17th. Desjardins analyst R. Ray anticipates that the company will earn $0.32 per share for the quarter.

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Kirkland Lake Gold (TSE:KL) last issued its quarterly earnings data on Wednesday, February 21st. The company reported C$0.43 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of C$0.29 by C$0.14. The firm had revenue of C$269.72 million for the quarter.



Other analysts have also recently issued reports about the stock. BMO Capital Markets reaffirmed an “outperform” rating and set a C$25.00 price objective on shares of Kirkland Lake Gold in a research note on Monday, April 9th. Royal Bank of Canada upped their price objective on shares of Kirkland Lake Gold from C$22.00 to C$23.00 and gave the stock an “outperform” rating in a research note on Friday, January 19th. National Bank Financial increased their price target on shares of Kirkland Lake Gold from C$25.00 to C$26.00 and gave the company an “outperform” rating in a research note on Thursday, February 22nd. CIBC increased their price target on shares of Kirkland Lake Gold from C$22.00 to C$24.00 and gave the company an “outperform” rating in a research note on Thursday, January 18th. Finally, Scotiabank increased their price target on shares of Kirkland Lake Gold from C$21.50 to C$27.50 and gave the company an “outperform” rating in a research note on Wednesday, February 21st. Six investment analysts have rated the stock with a buy rating, The company currently has an average rating of “Buy” and a consensus target price of C$25.58.

Shares of Kirkland Lake Gold stock opened at C$21.29 on Friday. Kirkland Lake Gold has a 1-year low of C$8.67 and a 1-year high of C$22.28.

In other news, insider Jennifer Laura Wagner sold 40,000 shares of the stock in a transaction that occurred on Monday, March 5th. The shares were sold at an average price of C$20.41, for a total transaction of C$816,400.00.

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Earnings History and Estimates for Kirkland Lake Gold (TSE:KL)

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