Kirkland Lake Gold (KL) Earns News Sentiment Score of 0.15
Press coverage about Kirkland Lake Gold (NYSE:KL) has been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Kirkland Lake Gold earned a news sentiment score of 0.15 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 47.4235531536449 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Several equities analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Kirkland Lake Gold from a “hold” rating to a “sell” rating in a research note on Wednesday, July 18th. BMO Capital Markets downgraded shares of Kirkland Lake Gold from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 18th. Finally, ValuEngine downgraded shares of Kirkland Lake Gold from a “hold” rating to a “sell” rating in a research note on Wednesday, August 8th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $22.00.
KL opened at $19.74 on Monday. The stock has a market capitalization of $4.64 billion and a PE ratio of 27.80. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.74 and a quick ratio of 2.46. Kirkland Lake Gold has a twelve month low of $11.51 and a twelve month high of $23.86.
Kirkland Lake Gold Company Profile
Kirkland Lake Gold Ltd. engages in the exploration and development of gold properties. The company 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.
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