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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Message: Analyst Actions: Kirkland Lake Gold Reiterated with Outperform at BMO Capital; Target Price Boosted to $16.75

Analyst Actions: Kirkland Lake Gold Reiterated with Outperform at BMO Capital; Target Price Boosted to $16.75

posted on Jul 28, 2017 03:33PM
 
2017-07-28 11:51:07 AM ET (MT Newswires)
   
   

11:51 AM EDT07/28/2017 (MT Newswires) -- Kirkland Lake Gold (KL.TO) climbed 5% in recent trade, having been reaffirmed with an outperform rating at BMO Capital with its target price increased to $16.75.

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

BMO boosted its EPS forecasts to $0.88 for 2017 and to $1.74 for 2018.

Price: 13.10 , Change: +0.64 , Percent Change: +5.1

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