Kirkland Lake Gold’s Buy Rating Reaffirmed at Panmure Gordon (KGILF)
Shares of Kirkland Lake Gold (NASDAQ:KGILF) traded up 14.32% during mid-day trading on Tuesday, hitting $5.414. 19,005 shares of the company’s stock traded hands. Kirkland Lake Gold has a 52 week low of $2.09 and a 52 week high of $4.88. The stock’s 50-day moving average is $3.86 and its 200-day moving average is $3.32. The company’s market cap is $390.2 million.
Other equities research analysts have also recently issued reports about the stock. Analysts at Dundee Securities upgraded shares of Kirkland Lake Gold to a “buy” rating in a research note on Tuesday, August 12th. Analysts at M Partners initiated coverage on shares of Kirkland Lake Gold in a research note on Wednesday, July 30th. They set a “buy” rating on the stock. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Kirkland Lake Gold has an average rating of “Buy” and a consensus target price of $3.00.
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