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Kirkland Lake Gold Ltd (KL.TO)

KL.TO on Toronto Stock Exchange

17.13CAD
15 Dec 2017
Change (% chg)

$-0.37 (-2.11%)
Prev Close
$17.50
Open
$17.58
Day's High
$17.75
Day's Low
$17.04
Volume
3,006,064
Avg. Vol
977,376
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 

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 

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 

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 says Q2 consolidated gold production was 160,156 ounces
Monday, 10 Jul 2017 

July 10 (Reuters) - Kirkland Lake Gold Ltd ::Kirkland lake gold achieves record gold production in second quarter 2017.First half 2017 consolidated production of 290,583 ounces, company on track to achieve full-year guidance of 530,000 - 570,000 ounces.Consolidated gold production in Q2 2017 was a quarterly record totaling 160,156 ounces, a 24% increase from Q2 2016.Well positioned to achieve revised full-year 2017 production guidance.  Full Article

Eskay Mining to proceed with LOI with Silver Standard Resources
Monday, 13 Feb 2017 

Eskay Mining Corp : Eskay Mining - St Andrew Goldfields, unit of Kirkland Lake Gold, which holds a 20% undivided interest SIB property, has waived right of first refusal .Eskay - will proceed to negotiate terms of formal deal for option of up to 60% undivided interest in part of SIB property to Silver Standard Resources.  Full Article

Newmarket Gold reports quarterly consolidated gold production of 55,794 ounces
Thursday, 13 Oct 2016 

Newmarket Gold Inc : Says quarterly Newmarket Gold consolidated gold production of 55,794 ounces .Says on track to deliver full year production guidance between 225,000 - 235,000 ounces.  Full Article

Kirkland Lake Gold and Newmarket Gold to combine to create a new mid-tier gold company
Thursday, 29 Sep 2016 

Kirkland Lake Gold Inc : Kirkland Lake Gold and Newmarket Gold to combine to create a new mid-tier gold company . Existing Kirkland Lake Gold and Newmarket shareholders will own about 57% and 43%, respectively of combined co on fully-diluted in money basis . Implied equity value of deal is equal to C$1.01 billion . Shareholders of Newmarket will receive 0.475 of a post consolidation share for every 1 pre-consolidation share of Newmarket . Under terms of deal, shareholders of Newmarket to receive 0.475 of post consolidation earnings per share for every 1 pre-consolidation earnings per share of Newmarket . Combined company will have a market capitalization of approximately C$2.4 billion and produce over 500 koz of gold annually .Exchange ratio implies consideration of C$5.28 per newmarket common share.  Full Article

Newmarket Gold Inc posts earnings per share $0.09
Friday, 29 Jul 2016 

Newmarket Gold Inc : Newmarket Gold reports strong second quarter results; increases 2016 production guidance on record quarterly production of 61,191 oz . Qtrly earnings per share $0.09 . Increased full year 2016 consolidated production guidance to 225,000 - 235,000 ounces . Revenue for Q2 was $78 million versus $66 million .Q2 earnings per share view $0.08, revenue view $65.0 million -- Thomson Reuters I/B/E/S.  Full Article

Newmarket Gold posts Q2 net income of $0.09/share
Friday, 29 Jul 2016 

Newmarket Gold Inc: Newmarket Gold reports strong Q2 results; increases 2016 production guidance on record quarterly production of 61,191 oz . Qtrly net income per share $0.09 . Increased full year 2016 consolidated production guidance to 225,000 - 235,000 ounces .Qtrly revenue of $78.0 million from 62,223 ounces sold.  Full Article

Newmarket Gold quarterly consolidated gold production of 61,191 ounces
Tuesday, 12 Jul 2016 

Newmarket Gold Inc :Quarterly consolidated gold production of 61,191 ounces, up 9%.  Full Article

CANADA STOCKS-TSX inches up with fertilizer company gains, railways weigh

TORONTO, Dec 11 Canada's main stock index inched higher in morning trade on Monday, boosted by gains for materials stocks including fertilizer companies, while gold miners moved in both directions and railway stocks weighed.