24.80 +0.33 (1.35%)
After hours: 6:53PM EST
|Bid||24.50 x 3200|
|Ask||25.00 x 800|
|Day's Range||24.17 - 25.00|
|52 Week Range||13.09 - 25.00|
|Beta (3Y Monthly)||-0.37|
|PE Ratio (TTM)||24.74|
|Forward Dividend & Yield||0.09 (0.39%)|
|1y Target Est||N/A|
Kirkland Lake Gold Ltd. (KL) jumped 2.27% to $24.34 on Tuesday after posting production targets for 2019, 2020 and 2021. The Canadian miner is targeting substantial production growth to 740,000 to 800,000 ounces in full fiscal 2019, up from 655,000 to 670,000 ounces forecasted for full fiscal 2018. The Fosterville mine in Australia and the Macassa mine in Canada will drive the improvement in production.
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (KL.TO) (KL) (ASX:KLA) is pleased to announce an increase in the quarterly dividend to CAD$0.04 per common share from CAD$0.03 per common share previously. The dividend increase will be effective with the fourth quarter 2018 dividend payment, to be paid on January 11, 2019 to shareholders of record as of the close of business on December 31, 2018. With the latest increase, the Company has now raised the quarterly dividend three times since the adoption of its dividend policy in March 2017. The Company’s quarterly dividend qualifies as an “eligible dividend” for Canadian income tax purposes.
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (KL.TO) (KL) (ASX:KLA) today announced the Company’s full-year guidance for 2019, which includes strong production growth, improved unit costs and a continued strong commitment to exploration and growth. The Company also announced today three-year production guidance, which includes the Fosterville Mine achieving over 500,000 ounces of production by 2020 and demonstrates the potential for consolidated production to reach one million ounces by 2021.
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (KL.TO) (KL) (ASX:KLA) today announced that the Company’s Fosterville Mine is on track for record quarterly production in the fourth quarter of 2018 (“Q4 2018”), with full-year 2018 production now expected to exceed 330,000 ounces versus current guidance of 300,000 – 310,000 ounces. Fosterville’s strong Q4 2018 performance largely reflects higher than expected grades and the advancement of two additional stopes from the high-grade Swan Zone into the mine’s Q4 2018 production plan. Based on the improved outlook for Fosterville, the Company now anticipates that full-year 2018 consolidated production will exceed the current target range of 655,000 – 670,000 ounces.
NEW YORK, Nov. 15, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
High-grade, visible-gold bearing mineralization identified at shallow depths at Lady Alice Deposit, Union Reefs o Key intercepts: 8.9 grams per tonne gold (“g/t Au”) over.
Despite posting strong third quarter financial results, Kirkland Lake Gold Ltd. (KL) was up only 0.05% to $19.56 per share on the New York Stock Exchange on Wednesday. Warning! GuruFocus has detected 3 Warning Signs with KL. Gold production hit a quarterly record 180,100 ounces of gold for a 30% increase from the prior-year quarter.
TORONTO, Oct. 30, 2018 -- Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced the Company’s financial and operating.
NEW YORK, NY / ACCESSWIRE / October 12, 2018 / U.S. equities remained bearish on Thursday as worries over rising interest rate and sell-off in technology shares pressure major markets to lower. S&P 500 Index decreased 2.06 percent to close at 2,728.37 and the Nasdaq Composite Index closed down 1.25 percent to close at 7,329.06.
With a share price of $18.80, Kirkland Lake Gold Ltd. (KL) was flat on Tuesday despite the release of strong results on gold production for the third quarter of 2018. The share price jumped only 0.21% from the previous close. Third quarter results tell that the use of a second gravity circuit and the processing of high-grade gold ore from the first Swan Zone stope at the Fosterville mine in Australia enabled Kirkland Lake Gold to achieve record quarterly production of the precious metal.
TORONTO, Oct. 09, 2018 -- Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced record quarterly gold production of.
TORONTO, Oct. 08, 2018 -- Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced that the Company will release its.
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (KL.TO) (KL) (ASX:KLA) today announced that, as a result of the completion of the plan of arrangement (the “Arrangement”) involving Bonterra Resources Inc. (“Bonterra”) and Metanor Resources Inc. (“Metanor”), and pursuant to which, among other things, Bonterra acquired all of the issued and outstanding common shares of Metanor (“Metanor Shares”), the Company now holds in aggregate 37,540,290 common shares of Bonterra (“Bonterra Shares”) and 6,136,072 share purchase warrants (“Warrants”) exercisable to acquire an additional 9,841,646 Bonterra Shares. This represents a 9.44% interest in Bonterra on an undiluted basis and an 11.63% interest on a partially diluted basis, assuming the exercise of the Warrants held by the Company.
NEW YORK, NY / ACCESSWIRE / September 24, 2018 / U.S. markets were mixed on Friday, with the Dow Jones managing to close at an all-time high despite a plunge in technology and internet stocks. The Dow Jones Industrial Average gained 0.32 percent to close at 26,743.50, while the S&P 500 Index declined 0.04 percent to close at 2,929.67. The Nasdaq Composite Index decreased 0.51 percent to close at 7,986.96.
On Tuesday Kirkland Lake Gold Ltd. (KL), Kirkland Lake Gold Ltd. a mid-tier producer of gold, announced the acquisition of another 5.03% stake in Osisko Mining Inc. (OSK), equaling 14,705,882 ordinary shares of the company at a price of 1.70 Canadian dollars ($1.30) per share. Following the private placement transaction, Kirkland Lake Gold will hold about 13.61% of Osisko Mining. Warning! GuruFocus has detected 3 Warning Signs with KL.
Kirkland Lake Gold Ltd. today announced new high-grade results from the ongoing underground drilling programs at the Fosterville Mine in Victoria, Australia. Underground drilling continues to target down-plunge ...
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (KL.TO) (KL) today announced that it has acquired 14,705,882 common shares (“Shares”) of Osisko Mining Inc. (OSK.TO) (“Osisko” or the “Issuer”) by way of private placement financing at a price of CAD$1.70 per Share for a total cash payment of approximately CAD$25 million (the “Investment”). Prior to the Investment, Kirkland Lake Gold held 17,921,750 Shares, representing approximately 8.58% of the outstanding Shares on a non-diluted basis. As of the date hereof, after giving effect to Investment, the Company beneficially owns 32,627,632 Shares, representing approximately 13.61% of the currently issued and outstanding Shares on a non-diluted basis.
President Donald Trump's plans to impose 10% tariffs on $200 billion worth of Chinese goods is making gold investors anxious. Warning! GuruFocus has detected 3 Warning Signs with KL. Kirkland Lake Gold Ltd. (KL) is one of the best options for investors who want to gain exposure to the precious metal.
Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company”) (KL.TO) (KL) (ASX:KLA) is pleased to announce that a quarterly dividend payment of CAD$0.03 per common share will be paid on October 12, 2018 to shareholders of record as of the close of business on September 28, 2018. The payment represents the sixth quarterly dividend payment made to shareholders following the Company’s adoption of a dividend policy in March 2017. The Company’s quarterly dividend qualifies as an “eligible dividend” for Canadian income tax purposes.
The price of gold has been trending lower for the last four months, but there are signs that the metal is poised for a rally. First, the weekly chart of gold shows that the 10-week RSI and the weekly stochastic readings both reached oversold territory in recent weeks. In late 2016, we see both oscillators in oversold territory once again and the price of gold was between $1,125 and $1,150 an ounce.