▲ +58.59% Upside Potential
This price target is based on 4 analysts offering 12 month price targets for Kirkland Lake Gold Ltd. (KL.TO) in the last 3 months. The average price target is C$82.50, with a high forecast of C$100.00 and a low forecast of C$70.00. The average price target represents a 58.59% upside from the last price of C$52.02.
The current consensus among 4 contributing investment analysts is to buy stock in Kirkland Lake Gold Ltd. (KL.TO). This rating has held steady since January 2020, when it changed from a Hold consensus rating.
Kirkland Lake Gold Ltd. engages in the acquisition, exploration, development, and operation of gold properties. The company's principal properties include the Fosterville Mine located in the State of Victoria, Australia; and Macassa Mine situated in the Municipality of Kirkland Lake, Ontario, Canada. It has a strategic alliance agreement with Newmont Corporation to assess regional exploration opportunities around Newmont's Timmins properties and the company's Holt Complex in Ontario, Canada. The company was formerly known as Newmarket Gold Inc. and changed its name to Kirkland Lake Gold Ltd. in December 2016. Kirkland Lake Gold Ltd. is headquartered in Toronto, Canada.