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Kirkland Lake Gold: Pros And Cons of Detour Gold Takeover Data by YCharts Former top gold stock pick and portfolio holding Kirkland Lake Gold ( KL ) has agreed to acquire Detour Gold ( OTCPK:DRGDF ) in one of the biggest takeovers of 2019. The deal values Detour Gold at C$27.50 per...
Day two of this year’s Mines and Money London event wrapped up on Tuesday (November 26), and it brought a slew of companies and investors together to connect. The scone day featured discussions on M&A activity in the gold space, what’s ahead for gold and silver and what t...
Kirkland Lake Gold (NYSE: KL ) extended yesterday's steep loss, as CEO Tony Makuch faces an uphill battle in persuading investors that he made the right move in the $4.9B purchase of higher cost producer Detour Gold. More news on: Kirkland Lake Gold Ltd., Commodities news, Read mor...
Source: Detour Lake A Conflicting Interest: Owning the company versus controlling it The Toronto-based Kirkland Lake Gold (KL) is possibly the most compelling mid-tier gold miner that we can find in the gold industry. Some will call the miner an incredible growth stock, and it is easy to...
International miner Kirkland Lake Gold (TSX: KL ,NYSE:KL,ASX:KLA) will fork over C$4.9 billion to acquire Canadian producer Detour Gold’s (TSX: DGC ,OTC Pink:DRGDF) cornerstone asset the Detour Lake mine in Ontario. The merger will help Kirkland retain its position as one of the larg...
Kirkland Lake Gold (NYSE: KL ) CEO Tony Makuch sought to assure investors today that the company's planned C$4.9B acquisition of Detour Gold ( OTCPK:DRGDF ) would not increase its costs, but shares sank 17.2% in today's trade. More news on: Kirkland Lake Gold Ltd., Detour Gold Corporat...
Wall Street had a good session on Monday, celebrating a more optimistic view on trade and general economic prospects. Major merger and acquisition activity was also a highlight of the day. Yet some stocks ended up getting left out of the party and saw their shares sink precipitously. Aurora Can...
It's been a relatively quiet couple of months on the M&A front in the resource sector, given the excitement around precious metals prices since rate-cut season started in July. The most recent two acquisitions were a takeover of private Russian company N-Mining by Kinross Gold and the B...
Gainers: JanOne (NASDAQ: JAN ) +103% . More news on: JanOne Inc., Sorrento Therapeutics, Inc., The Peck Company Holdings, Inc., Stocks on the move, Read more ...
Shares of Kirkland Lake Gold (NYSE: KL) tumbled more than 15% by 10:30 a.m. EST on Monday. Driving down the gold mining stock was the announcement that it's buying fellow Canadian gold miner Detour Gold (OTC: DRGDF) . That news, on the other hand, sent Detour's shares up almost 10% at o...
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Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...
Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes tradi...