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 Issued Higher Target Price at BMO Capital; Reaffirmed with Market Perform
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Analyst Actions: Kirkland Lake Gold Issued Higher Target Price at BMO Capital; Reaffirmed with Market Perform

posted on Feb 25, 2019 11:51AM
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2019-02-25 11:41:22 AM ET (MT Newswires)
   
   

11:41 AM EST, 02/25/2019 (MT Newswires) -- Kirkland Lake Gold (KL.TO) added 3% in recent trade, having been issued a higher target price of $50 at BMO Capital while keeping a market perform view.

BMO said exceptional performance, mainly from Fosterville, but also from Macassa, has moved the stock to a well-deserved premium valuation. However, there are several mid-cap golds that offer better valuation at present.

Price: 47.19, Change: +1.40, Percent Change: +3.1
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