Brokers Offer Predictions for Kirkland Lake Gold Inc.’s FY2016 Earnings (KLG)
Kirkland Lake Gold Inc. (TSE:KLG) – Investment analysts at Clarus Securities lifted their FY2016 EPS estimates for shares of Kirkland Lake Gold in a report released on Monday. Clarus Securities analyst J. Spratt now forecasts that the brokerage will post earnings per share of $0.78 for the year, up from their previous estimate of $0.77.
Separately, Scotiabank set a C$14.00 price objective on Kirkland Lake Gold and gave the company an “outperform” rating in a research note on Friday, September 30th.
Shares of Kirkland Lake Gold (TSE:KLG) opened at 8.07 on Wednesday. Kirkland Lake Gold has a 52 week low of $4.51 and a 52 week high of $12.39. The company has a 50-day moving average price of $11.18 and a 200 day moving average price of $10.59.
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