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Investment analysts at M Partners began coverage on shares of Kirkland Lake Gold (NASDAQ:KGILF) in a note issued to investors on Wednesday. The firm set a “buy” rating on the stock.

Separately, analysts at CIBC reiterated a “sector underperformer” rating on shares of Kirkland Lake Gold in a research note on Thursday, May 8th. They now have a $3.00 price target on the stock, down previously from $3.50.

Kirkland Lake Gold (NASDAQ:KGILF) traded down 2.94% during mid-day trading on Wednesday, hitting $3.33. The stock had a trading volume of 11,056 shares. Kirkland Lake Gold has a 52-week low of $2.09 and a 52-week high of $4.81. The stock’s 50-day moving average is $3.34 and its 200-day moving average is $3.15. The company’s market cap is $240.0 million.

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