Kirkland Lake Gold (KL) Gets a Hold Rating from TD Securities


TD Securities analyst Steven Green maintained a Hold rating on Kirkland Lake Gold (KL) today and set a price target of C$58.00. The company’s shares closed last Monday at $36.48.

According to TipRanks.com, Green has 0 stars on 0-5 star ranking scale with an average return of -7.8% and a 38.8% success rate. Green covers the Basic Materials sector, focusing on stocks such as Alamos Gold, Alio Gold, and B2Gold.

Kirkland Lake Gold has an analyst consensus of Hold, with a price target consensus of $45.67, a 27.8% upside from current levels. In a report released today, Roth Capital also maintained a Hold rating on the stock with a $37.00 price target.

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Kirkland Lake Gold’s market cap is currently $7.29B and has a P/E ratio of 13.69. The company has a Price to Book ratio of 4.21.

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Kirkland Lake Gold Ltd. engages in the mining, development, and exploration of gold properties. The firms projects include Holt Mine, Macassa Mine, and Taylor Mine. The company was founded on July 10, 2015 and is headquartered in Toronto, Canada.

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