Kirkland Lake Gold Ltd. (KL) To Go Ex-Dividend on December 28th

Kirkland Lake Gold Ltd. (NYSE:KL) declared a dividend on Thursday, November 2nd, NASDAQ reports. Stockholders of record on Friday, December 29th will be given a dividend of 0.016 per share on Friday, December 29th. The ex-dividend date of this dividend is Thursday, December 28th.

Kirkland Lake Gold (NYSE KL) traded up $0.06 during midday trading on Friday, hitting $14.73. The stock had a trading volume of 381,249 shares, compared to its average volume of 556,727. The stock has a market cap of $3,040.00 and a PE ratio of 32.73. The company has a current ratio of 1.59, a quick ratio of 1.32 and a debt-to-equity ratio of 0.02. Kirkland Lake Gold has a fifty-two week low of $4.75 and a fifty-two week high of $15.19.

A number of equities analysts have recently weighed in on the company. National Bank Financial reiterated an “outperform market weight” rating on shares of Kirkland Lake Gold in a report on Thursday, September 21st. Royal Bank of Canada reiterated an “outperform” rating on shares of Kirkland Lake Gold in a report on Thursday, September 7th. Desjardins assumed coverage on Kirkland Lake Gold in a report on Friday, September 29th. They set a “buy” rating for the company. Zacks Investment Research cut Kirkland Lake Gold from a “buy” rating to a “hold” rating in a report on Thursday, September 21st. Finally, Scotiabank upgraded Kirkland Lake Gold from a “sector perform” rating to an “outperform” rating in a report on Thursday, November 2nd. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of $16.00.

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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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