Q3 2016 Earnings Forecast for Kirkland Lake Gold Inc. Issued By National Bank Financial (KLG)
Kirkland Lake Gold Inc. (TSE:KLG) – Equities researchers at National Bank Financial issued their Q3 2016 EPS estimates for shares of Kirkland Lake Gold in a research note issued on Wednesday. National Bank Financial analyst R. Ray forecasts that the brokerage will earn $0.21 per share for the quarter. National Bank Financial also issued estimates for Kirkland Lake Gold’s FY2016 earnings at $0.63 EPS and FY2017 earnings at $1.04 EPS.
Separately, Scotiabank set a C$14.00 price target on Kirkland Lake Gold and gave the stock an “outperform” rating in a research note on Friday, September 30th.
Shares of Kirkland Lake Gold (TSE:KLG) traded up 1.30% during trading on Friday, reaching $7.80. The company’s stock had a trading volume of 560,249 shares. The company has a 50 day moving average of $10.68 and a 200 day moving average of $10.56. Kirkland Lake Gold has a 12-month low of $4.51 and a 12-month high of $12.39.
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