Analyst Actions: Kirkland Lake Gold Kept with Market Perform,

Kirkland Lake Gold Inc.

KGI is an operating and exploration gold Company in Kirkland Lake, Ontario which is located in the Lower Abitibi Greenstone belt in northeastern Ontario.

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Analyst Actions: Kirkland Lake Gold Kept with Market Perform,

posted on Dec 14, 2016 11:57AM

$9.50 Target Price at BMO Capital

2016-12-14 11:29:00 AM ET (MT Newswires)

11:29 AM EST, 12/14/2016 (MT Newswires) -- Kirkland Lake Gold (KL.TO) added about 2% recently after BMO Capital reiterated a market perform rating and target price of $9.50.

BMO said Kirkland Lake Gold recently completed the merger with Newmarket Gold and the company intends to explore its large land packages in Canada and Australia.

BMO lowered its 2016 forecast to $0.39 while increasing its 2017 estimate to $1.03.

The stock moves within a 52-week range $7.71 - $8.61.

Price: 8.09 , Change: +0.15 , Percent Change: +1.9

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