Canaccord Genuity analyst Carey MacRury maintained a Buy rating on Kirkland Lake Gold (NYSE:KL) on Tuesday, setting a price target of C$70, which is approximately 51.42% above the present share price of $46.23.
MacRury expects Kirkland Lake Gold to post earnings per share (EPS) of $0.79 for the third quarter of 2020.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Kirkland Lake Gold, with an average price target of $50.94.
The analysts price targets range from a high of $58.44 to a low of $45.
In its latest earnings report, released on 03/31/2020, the company reported a quarterly revenue of $554.74 million and a net profit of $257.01 million. The company's market cap is $12.82 billion.
According to TipRanks.com, Canaccord Genuity analyst Carey MacRury is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 28.1% and a 80.60% success rate.
Kirkland Lake Gold Ltd. engages in the mining, development, and exploration of gold properties. The firms projects include Holt Mine, Macassa Mine, and Taylor Mine. The company was founded on July 10, 2015 and is headquartered in Toronto, Canada.