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: Kirkland Lake Gold Increases Quarterly Dividend As Digs Out Higher Q1 Core Earnings 2018-05-02 08:20:45 AM ET (MT Newswires)

Kirkland Lake Gold Increases Quarterly Dividend As Digs Out Higher Q1 Core Earnings 2018-05-02 08:20:45 AM ET (MT Newswires)

posted on May 02, 2018 04:18PM

 

     
   

08:20 AM EDT, 05/02/2018 (MT Newswires) -- Kirkland Lake Gold (KL.TO) reported Wednesday adjusted EPS of $0.25 ($0.32) for Q1, up from last year's adjusted EPS of US$0.09. Revenues grew year-over-year to US$198.2 million from $168.5 million.

Production increased to 147,644 ounces from 130,425 ounces last year. For 2018, the company expects to produce more than 620,000 ounces of gold.

The company increased the quarterly dividend to $0.03 per common share from $0.02 per share, payable in July.

Price: 23.06, Change: 0, Percent Change: 0

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