Kirkland Lake Gold Ltd (TSE:KL) had its price target upped by Scotiabank from C$11.50 to C$13.00 in a report released on Wednesday. They currently have an outperform rating on the stock.

Other analysts have also recently issued reports about the stock. CIBC lifted their target price on shares of Kirkland Lake Gold from C$11.00 to C$12.50 in a research note on Thursday, April 13th. BMO Capital Markets reaffirmed a market perform rating and issued a C$12.00 target price on shares of Kirkland Lake Gold in a research note on Wednesday, March 29th. Finally, Royal Bank Of Canada lifted their target price on shares of Kirkland Lake Gold from C$11.00 to C$13.00 and gave the stock an outperform rating in a research note on Tuesday, April 18th. Four analysts have rated the stock with a buy rating, The company presently has a consensus rating of Buy and a consensus price target of C$14.22.

Shares of Kirkland Lake Gold (TSE:KL) opened at 11.70 on Wednesday. The firm’s 50-day moving average price is $10.64 and its 200 day moving average price is $9.47. Kirkland Lake Gold has a 1-year low of $6.33 and a 1-year high of $12.48. The stock has a market capitalization of $2.41 billion and a price-to-earnings ratio of 37.86.

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In related news, Director Eric S. Sprott purchased 920,000 shares of the firm’s stock in a transaction on Tuesday, July 4th. The shares were bought at an average price of C$11.98 per share, for a total transaction of C$11,021,600.00. Also, Director Arnold Klassen purchased 10,000 shares of the firm’s stock in a transaction on Monday, May 8th. The stock was bought at an average price of C$9.02 per share, for a total transaction of C$90,200.00. In the last quarter, insiders acquired 2,262,000 shares of company stock worth $24,461,425.

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