Kirkland Lake Gold Ltd. (KL) Downgraded by Desjardins to Hold
Kirkland Lake Gold Ltd. (NYSE:KL) was downgraded by equities research analysts at Desjardins from a “buy” rating to a “hold” rating in a note issued to investors on Thursday. Desjardins also issued estimates for Kirkland Lake Gold’s FY2017 earnings at $0.70 EPS.
KL has been the topic of a number of other reports. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Kirkland Lake Gold in a research note on Thursday, September 7th. National Bank Financial reaffirmed an “outperform market weight” rating on shares of Kirkland Lake Gold in a research note on Thursday, September 21st. Finally, Zacks Investment Research cut Kirkland Lake Gold from a “buy” rating to a “hold” rating in a research note on Thursday, September 21st.
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About Kirkland Lake Gold
Kirkland Lake Gold Ltd. engages in the exploration and development of gold properties. The company owns and operates five underground gold mines, including the Macassa mine, the Holt mine, and the Taylor mine in Ontario, Canada; and the Fosterville Mine in Victoria and the Cosmo Mine in Northern Territory, Australia, as well as four milling facilities in Canada and Australia.
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