Kirkland Lake Gold (KL), the Materials sector company, was revisited by a Wall Street analyst today. Analyst Brian Quast from BMO Capital rated Kirkland Lake Gold (KL) a Hold, setting a C$50 price target.
According to TipRanks.com, Quast is a 4-star analyst with an average return of 5.8% and a 42.5% success rate. Quast covers the Basic Materials sector, focusing on stocks such as OceanaGold Corporation, Kirkland Lake Gold Ltd, and Argonaut Gold Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Kirkland Lake Gold with a C$50.08 average price target.
The company has a one-year high of C$48.48 and a one-year low of C$19.81. Currently, Kirkland Lake Gold has an average volume of 852.5K.
Kirkland Lake Gold Ltd. engages in the mining, development, and exploration of gold properties. It operates through the following projects: Holt Mine, Macassa Mine, and Taylor Mine. The company was founded on July 10, 2015 and is headquartered in Toronto, Canada.
The company’s shares closed on Tuesday at C$43.24.
