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: BUZZ-Kirkland Lake Gold Ltd: Desjardins raises PT, rating
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2017-11-27 10:19:29 AM ET (Reuters)
   
   

** Gold miner's shares up 4 pct at $18.36

** Desjardins raises PT to C$24 from C$20, expects higher productivity and lower cost from new equipment and infrastructure at Macassa mine in Canada

** Upgrades to "buy" from "hold", says KL Gold could continue to surprise market expectations, driven by operational results and ongoing exploration at Macassa

** 9 of 10 brokerages rate the stock "buy" or higher and 1 "hold"; Median PT $20.75

** Up to Friday's close, stock had risen 152 pct this year (Reporting by Karan Nagarkatti in Bengaluru)
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