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Kirkland Lake Gold Ltd (KL.TO)

KL.TO on Toronto Stock Exchange

17.29CAD
18 Dec 2017
Change (% chg)

$0.16 (+0.93%)
Prev Close
$17.13
Open
$17.36
Day's High
$17.54
Day's Low
$17.26
Volume
495,429
Avg. Vol
978,452
52-wk High
$19.06
52-wk Low
$6.33

Latest Key Developments (Source: Significant Developments)

Kirkland Lake Gold Announces Sale Of Stawell Gold Mines
Monday, 11 Dec 2017 09:30am EST 

Dec 11 (Reuters) - Kirkland Lake Gold Ltd ::KIRKLAND LAKE GOLD ANNOUNCES SALE OF STAWELL GOLD MINES.ENTERED INTO SHARE SALE AGREEMENT WITH AN AFFILIATE OF ARETE CAPITAL PARTNERS.ARETE TO BUY ALL ISSUED, OUTSTANDING SHARES OF STAWELL GOLD MINES.CO TO RECEIVE $6.25 MILLION IN CASH CONSIDERATION, WILL RETAIN A 2.5 PCT NET SMELTER RETURN ROYALTY ON STAWELL MINE.  Full Article

Kirkland Lake Gold reports qtrly earnings per share $‍0.20​
Thursday, 2 Nov 2017 06:01am EDT 

Nov 2 (Reuters) - Kirkland Lake Gold Ltd :Kirkland Lake Gold reports solid third quarter 2017 results, company improves full-year 2017 guidance, increases dividends.Kirkland Lake Gold - Production 139,091 ounces in Q3, 429,822 ounces in YTD 2017, representing increases of 80% and 107% from comparable 2016 levels​.Kirkland Lake Gold Ltd - Sees full-year 2017 consolidated production of 580,000 ounces - 595,000 ounces​.Kirkland Lake Gold Ltd qtrly earnings per share $‍0.20​.Kirkland Lake Gold Ltd qtrly ‍revenue $176.7 million versus$100.8 million.Kirkland Lake Gold Ltd - Sees ‍FY 2017 all-in sustaining cost per ounce sold of $800 - $825​‍​.Q3 earnings per share view $0.19 -- Thomson Reuters I/B/E/S.  Full Article

Kirkland Lake Gold says Q3 ‍gold production rose 4 pct to 139,100 ounces
Wednesday, 11 Oct 2017 06:25pm EDT 

Oct 11 (Reuters) - Kirkland Lake Gold Ltd :Kirkland lake gold reports strong third quarter 2017 operating results.Kirkland lake gold ltd - ‍on track to achieve improved full-year 2017 guidance of 570,000 - 590,000 ounces​.Kirkland lake gold ltd - ‍gold production of 139,100 ounces in q3 2017, an increase of 4% from q3 2016​.Kirkland lake gold ltd - ‍grades at fosterville doubled from q3 2016 and are expected to increase in q4 and to improve further over next year​.  Full Article

Kirkland Lake Gold announces agreement for strategic investment in Novo Resources
Tuesday, 5 Sep 2017 07:00am EDT 

Sept 5 (Reuters) - Kirkland Lake Gold Ltd :Kirkland Lake Gold announces agreement for strategic investment in Novo Resources .Co has entered into a term sheet agreement with Novo Resources to acquire 14 mln units at a price of c$4.00 per unit.Following recent block purchase of novo common shares, co currently owns approximately 9.2 pct common shares of Novo.Upon closing of financing, company is expected to own approximately 18.2 pct of Novo's issued and outstanding common shares.  Full Article

Kirkland Lake Gold enters into term sheet agreement with Novo Resources
Tuesday, 5 Sep 2017 07:00am EDT 

Sept 5 (Reuters) - Kirkland Lake Gold Ltd :Kirkland Lake Gold announces agreement for strategic investment in Novo Resources Corp..Kirkland Lake Gold Ltd- has entered into a term sheet agreement with Novo Resources Corp. To acquire 14 million units at a price of C$4.00 per unit.Kirkland Lake Gold Ltd -upon closing of financing, company is expected to own approximately 18.2% of Novo's issued and outstanding common shares.  Full Article

Resolute Performance Fund reports 7.8 pct passive stake in Kirkland Lake Gold
Wednesday, 23 Aug 2017 05:55pm EDT 

Aug 23 (Reuters) - Resolute Performance Fund::Resolute Performance Fund reports a 7.8 pct passive stake in Kirkland Lake Gold Ltd <<>> as of August 16 - SEC filing‍​.  Full Article

Kirkland Lake Gold reports Q2 revenue $189.9 million
Wednesday, 2 Aug 2017 03:14am EDT 

Aug 2 (Reuters) - Kirkland Lake Gold Ltd - :Qtrly revenue $189.9 million versus $91.7 million (adds currency symbol).Kirkland Lake Gold reports strong financial results in second quarter 2017.Q2 earnings $0.17 per basic share.Full-Year production guidance increased to 570,000 - 590,000 ounces, production and cost guidance for fosterville improved.Initial quarterly dividend paid ($0.01 per share) aggregating $1.6 million on July 14, 2017.  Full Article

Kirkland Lake Gold says Fosterville mine is projected to produce between 70,000- 80,000 ounces of gold during Q2 2017
Tuesday, 23 May 2017 05:24pm EDT 

May 23 (Reuters) - Kirkland Lake Gold Ltd ::Kirkland lake gold ltd - Fosterville mine is projected to produce between 70,000 and 80,000 ounces of gold during Q2 2017.Kirkland lake gold - Fosterville mine is well-positioned to deliver recently increased annual production guidance of 200,000 - 225,000 ounces of gold for 2017.  Full Article

Kirkland Lake Gold reports Q1 revenue $168.5 million
Thursday, 4 May 2017 08:40am EDT 

May 4 (Reuters) - Kirkland Lake Gold Ltd : :Kirkland lake gold reports strong financial results in q1 2017; improves 2017 outlook with increased production and reduced costs.Kirkland Lake Gold Ltd - revised 2017 outlook.Kirkland Lake Gold Ltd - increasing fy production to 530,000 - 570,000 ounces.Q1 adjusted earnings per share $0.08.Q1 revenue $168.5 million.Kirkland Lake Gold Ltd- Kirkland Lake Gold will suspend production at cosmo mine, effective June 30, 2017.Kirkland Lake Gold - reducing guidance for operating cost per ounce sold to $475 - $525 and all-in sustaining cost per ounce sold to $850 - $900 for fy.Q1 earnings per share $0.06.Qtrly revenue $168.5 million versus $79.9 million.Kirkland Lake Gold Ltd - qtrly free cash flow was $0.18 per share.Q1 earnings per share view $0.16 -- Thomson Reuters I/B/E/S.Kirkland Lake Gold-cosmo mine to be maintained in state of readiness to allow operations to recommence when exploration,development planning phase completed.Kirkland Lake Gold Ltd - qtrly gold produced was 130,425 oz versus 62,275 oz.  Full Article

Kirkland Lake announces acquisition of securities of Metanor Resources
Monday, 24 Apr 2017 08:30am EDT 

April 24 (Reuters) - Kirkland Lake Gold Ltd :Kirkland lake gold announces acquisition of securities of metanor resources inc..Kirkland lake gold ltd - deal for purchase price of $7,250,000.10.Kirkland lake gold ltd - it has acquired 10,357,143 units of metanor resources inc.  Full Article

BRIEF-Kirkland Lake Gold reports qtrly earnings per share $‍0.20​

* Kirkland Lake Gold reports solid third quarter 2017 results, company improves full-year 2017 guidance, increases dividends