$0.32 EPS Expected for Kirkland Lake Gold Ltd. (KL)

July 27, 2018 - By Lisa Delgado

Analysts expect Kirkland Lake Gold Ltd. (NYSE:KL) to report $0.32 EPS on August, 1.They anticipate $0.15 EPS change or 88.24 % from last quarter’s $0.17 EPS. KL’s profit would be $68.06M giving it 16.93 P/E if the $0.32 EPS is correct. After having $0.25 EPS previously, Kirkland Lake Gold Ltd.’s analysts see 28.00 % EPS growth. The stock decreased 2.39% or $0.53 during the last trading session, reaching $21.67. About 665,443 shares traded or 15.93% up from the average. Kirkland Lake Gold Ltd. (NYSE:KL) has risen 144.43% since July 27, 2017 and is uptrending. It has outperformed by 131.86% the S&P500.

Kirkland Lake Gold Ltd. engages in the exploration and development of gold properties. The company has market cap of $4.61 billion. The firm owns and operates four underground gold mines, including the Macassa mine, the Holt mine, and the Taylor mine in Ontario, Canada; and the Fosterville Mine in Victoria, Australia, as well as three milling facilities in Canada and Australia. It has a 26.39 P/E ratio. The firm was formerly known as Newmarket Gold Inc. and changed its name to Kirkland Lake Gold Ltd. in December 2016.

More important recent Kirkland Lake Gold Ltd. (NYSE:KL) news were published by: Benzinga.com which released: “Jim Cramer Shares His Thoughts On Home Depot, Celgene And More” on July 10, 2018, also Seekingalpha.com published article titled: “Paulson urges Detour Gold special meeting for board overhaul”, Seekingalpha.com published: “Kirkland Lake says ‘solid’ Q2 production on track to meet full-year guidance” on July 10, 2018. More interesting news about Kirkland Lake Gold Ltd. (NYSE:KL) was released by: Investingnews.com and their article: “Precious Metals Weekly Round-Up: Gold Recovers from Six-month Low” with publication date: June 29, 2018.

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