Research Analysts Issue Forecasts for Kirkland Lake Gold Ltd’s FY2017 Earnings (KL)
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).
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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