FY2017 EPS Estimates for Kirkland Lake Gold Inc. Decreased by Clarus Securities (KLG)
Kirkland Lake Gold Inc. (TSE:KLG) – Investment analysts at Clarus Securities cut their FY2017 earnings per share estimates for Kirkland Lake Gold in a research note issued on Monday. Clarus Securities analyst J. Spratt now expects that the brokerage will earn $1.15 per share for the year, down from their prior estimate of $1.19.
Separately, Scotiabank set a C$14.00 target price on shares of Kirkland Lake Gold and gave the stock an “outperform” rating in a report on Friday, September 30th.
Shares of Kirkland Lake Gold (TSE:KLG) traded down 0.87% on Thursday, reaching $8.00. The company’s stock had a trading volume of 1,507,705 shares. The stock has a 50-day moving average of $11.06 and a 200 day moving average of $10.58. Kirkland Lake Gold has a 1-year low of $4.51 and a 1-year high of $12.39.
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