Okayirkland Lake Gold (KL) closed at $45.72 within the newest buying and selling session, marking a
Okayirkland Lake Gold (KL) closed at $45.72 within the newest buying and selling session, marking a -1.02% transfer from the prior day. This alteration lagged the S&P 500’s 0.41% achieve on the day. On the similar time, the Dow added 0.57%, and the tech-heavy Nasdaq gained 0.7%.
Heading into immediately, shares of the gold producer had misplaced 2.53% over the previous month, lagging the Fundamental Supplies sector’s lack of 0.84% and the S&P 500’s achieve of two.04% in that point.
KL might be seeking to show power because it nears its subsequent earnings launch, which is anticipated to be November 6, 2019. In that report, analysts count on KL to publish earnings of $0.76 per share. This may mark year-over-year progress of 171.43%. In the meantime, our newest consensus estimate is looking for income of $371.18 million, up 66.67% from the prior-year quarter.
Trying on the full yr, our Zacks Consensus Estimates recommend analysts predict earnings of $2.63 per share and income of $1.31 billion. These totals would mark modifications of +93.38% and +43.52%, respectively, from final yr.
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