Kirkland Lake Gold (KL) Receives Daily Coverage Optimism Rating of 0.04
News stories about Kirkland Lake Gold (NYSE:KL) have been trending somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. 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 coverage optimism score of 0.04 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 47.4016659872862 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- Short Interest in Kirkland Lake Gold (KL) Declines By 34.2% (americanbankingnews.com)
- Analyzing Osisko Gold Royalties (OR) and Kirkland Lake Gold (KL) (americanbankingnews.com)
- Investor’s Pleased with The 3.24% Week Gains For Kirkland Lake Gold Ltd (KL.TO) (parkcitycaller.com)
- Artemis offloads Novo stake to Kirkland Lake (australianmining.com.au)
- BRIEF-Kirkland Lake Gold To Acquire 4 Mln Common Shares Of Novo Resources Corp (reuters.com)
Separately, Zacks Investment Research upgraded shares of Kirkland Lake Gold from a “sell” rating to a “hold” rating in a report on Tuesday, January 23rd. One investment analyst has rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $17.00.
Kirkland Lake Gold (NYSE:KL) last issued its quarterly earnings data on Wednesday, February 21st. The company reported $0.34 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.24 by $0.10. Kirkland Lake Gold had a net margin of 22.27% and a return on equity of 16.86%. The business had revenue of $212.36 million during the quarter. sell-side analysts predict that Kirkland Lake Gold will post 1.11 EPS for the current fiscal year.
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.
Receive News & Ratings for Kirkland Lake Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kirkland Lake Gold and related companies with MarketBeat.com's FREE daily email newsletter.