It appears that Kirkland Lake Gold Ltd. (KL) will go up. Reaches a 52-week high



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July 4, 2018 – By Clifton Ray

The stock of Kirkland Lake Gold Ltd. (NYSE: KL) hit a new high of 52 weeks and has $ 22.37 target or 3 , 00% above the current stock price of $ 21.72. The 7-month bullish chart shows a low risk for the company of $ 4.67 billion. The highest of one year was reported on 4 Jul by Barchart.com. If the price target of $ 22.37 is achieved, the company will be worth $ 139.98 million more.
The 52-week event is an important step for every action as it shows a very positive momentum and the moment buyers enter. Technical configuration, the fundamental investors generally stay away and pay attention short circuit or the sale of the action.

The stock rose 3.68% or $ 0.77 over the last trading day, reaching $ 21.72. Approximately 498,020 shares were traded. Kirkland Lake Gold Ltd. (NYSE: KL) has increased by 144.43% since July 4, 2017 and is up. It outperformed the S & P500 by 131.86%.

Recent news from Kirkland Lake Gold Ltd. (NYSE: KL) were published by: Globenewswire.com which published: "Kirkland Lake Gold declares a quarterly dividend" on June 18, 2018, also Seekingalpha.com with their article: "Canadian gold mining stocks can be ready to rebound, according to badysts "released June 21, 2018, Investingnews.com released:" Weekly Precious Metals Recap: Gold Recovered from Six Months Low "on June 29, 2018. D & # 39; other interesting news about Kirkland Lake Gold Ltd. (NYSE: KL) was published by: Fool.ca and their article: "Is Kirkland Lake Gold Ltd. (TSX: KL) the Best Way to Cover Against a Trade War?" Posted June 26, 2018 Fool.ca article titled: "Is it time to bet on Precious Metals and Kirkland Lake Gold Ltd. (TSX: KL)?" With the publication date: June 5, 2018.

Kirkland Lake Gold Ltd is involved in the exploration and development of gold properties and has a market capitalization of $ 4.67 billion The company owns and operates five underground gold mines, including the Macbada mine Holt and the Taylor Mine in Ontario, Canada, and Fosterville Mine in Victoria and the Cosmo Mine in the Northern Territory, Australia, as well as four treatment plants in Canada and Australia, with a P / E ratio of 26.46 The firm formerly called Kirkland Lake Gold Inc. and changed its name to Kirkland Lake Gold Ltd. e n December 2016.

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By Clifton Ray

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