Kirkland Lake Gold Ltd. ($KL) 3Q20 Earnings Sneak Peek

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Kirkland Lake Gold Ltd. (NYSE:KL) is expected to report third quarter earnings results, before market open, on Thursday 5th November 2020.

Previous Quarter Performance

Kirkland Lake Gold Ltd. unwinded income for the second quarter of $ 0.54 per share, from the revenue of $ 580.98 million.

Stock Performance

Shares of Kirkland Lake Gold Ltd. traded low $ -0.57 or -1.21 percent on Wednesday, reaching $ 46.57 with volume of 1.32 million shares. Kirkland Lake Gold Ltd. has traded high as $ 47.45 and has cracked $ 46.06 on the downward trend

The closing price of $ 46.57, representing a 161.45 % increase from the 52 week low of $ 18.03 and a 18.29 % decrease over the 52 week high of $ 57.69.

The company has a market capital of $ 12.78 billion and is part of the Basic Materials sector and Gold industry.

Recent Analyst recommendations

  • On 8th October 2020, maintained by Bank of America at Buy rating, with $ 62.50 target price.
Conference Call

Kirkland Lake Gold Ltd. will be hosting a conference call at 2:00 PM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.klgold.com

Kirkland Lake Gold Ltd. engages in the acquisition, exploration, development, and operation of gold properties. It owns and operates four underground gold mines, including the Macassa, Holt, and Taylor mines located in northeastern Ontario, Canada; and the Fosterville Mine located in Victoria, Australia, as well as three milling facilities in Canada and Australia.