Kirkland Lake reports 7th consecutive quarter of profit and free cash flow

March 10, 2016

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Mid-tier gold miner Kirkland Lake Gold has delivered its seventh consecutive quarter of profits and free cash flow, when it on Thursday reported net income of C$1-million, or $0.01 a diluted share.
For the third-quarter (November 1 to December 31) reporting period of stub year 2015, revenue was C$37.6-million, derived from the sale of 25 284 oz of gold at an average realised price of C$1 486/oz.

Category: General