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RBC Capital Stick to Their Buy Rating for Kirkland Lake Gold

Published 04/18/2021, 09:51 PM
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RBC Capital analyst Josh Wolfson maintained a Buy rating on Kirkland Lake Gold (NYSE:KL) on Friday, setting a price target of $43, which is approximately 13.91% above the present share price of $37.75.

Wolfson expects Kirkland Lake Gold to post earnings per share (EPS) of $0.85 for the second quarter of 2021.

The current consensus among 8 TipRanks analysts is for a Moderate Buy rating of shares in Kirkland Lake Gold, with an average price target of $50.9.
The analysts price targets range from a high of $61.97 to a low of $43.

In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $691.55 million and a net profit of $379.93 million. The company's market cap is $10.08 billion.

According to TipRanks.com, RBC Capital analyst Josh Wolfson is currently ranked with 1 stars on a 0-5 stars ranking scale, with an average return of -0.7% and a 52.08% success rate.

Kirkland Lake Gold Ltd. engages in the mining, development, and exploration of gold properties. The firms projects include Holt Mine, Macassa Mine, and Taylor Mine. The company was founded on July 10, 2015 and is headquartered in Toronto, Canada.

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