Kirkland Lake Gold Ltd (TSE:KL) – National Bank Financial reduced their FY2017 earnings per share estimates for Kirkland Lake Gold in a research note issued on Wednesday. National Bank Financial analyst M. Parkin now expects that the company will post earnings of $0.75 per share for the year, down from their prior estimate of $0.76. National Bank Financial currently has a “Outperform” rating and a $25.00 target price on the stock. National Bank Financial also issued estimates for Kirkland Lake Gold’s Q4 2017 earnings at $0.27 EPS and FY2018 earnings at $1.15 EPS.

Kirkland Lake Gold (TSE:KL) last issued its quarterly earnings data on Thursday, November 2nd. The company reported C$0.18 earnings per share for the quarter, missing the consensus estimate of C$0.27 by C($0.09).

Several other analysts have also recently weighed in on KL. Royal Bank of Canada boosted 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. CIBC boosted their price objective on shares of Kirkland Lake Gold from C$22.00 to C$24.00 and gave the stock an “outperform” rating in a research note on Thursday, January 18th. BMO Capital Markets set a C$24.50 price objective on shares of Kirkland Lake Gold and gave the stock an “outperform” rating in a research note on Friday, January 19th. Scotiabank reissued an “outperform” rating and issued a C$19.00 price objective on shares of Kirkland Lake Gold in a research note on Thursday, November 9th. Finally, Desjardins raised shares of Kirkland Lake Gold from a “hold” rating to a “buy” rating and boosted their price objective for the stock from C$20.00 to C$24.00 in a research note on Monday, November 27th. Six investment analysts have rated the stock with a buy rating, The stock currently has a consensus rating of “Buy” and an average price target of C$23.67.

Shares of Kirkland Lake Gold (TSE:KL) opened at C$17.72 on Friday. Kirkland Lake Gold has a one year low of C$8.38 and a one year high of C$20.97. The firm has a market cap of $3,890.00 and a price-to-earnings ratio of 39.38.

In other news, insider Philip Chow Yee purchased 6,000 shares of the business’s stock in a transaction on Monday, December 11th. The shares were acquired at an average price of C$17.02 per share, with a total value of C$102,120.00.

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

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