Currently viewing Global edition

RBC sees Fosterville upside

RBC Capital Markets doesn’t see the massive outperformance of Kirkland Lake Gold’s (CN:KL) Fosterville mine continuing indefinitely but, following a site visit, it does still see “upside optionality for investors”.

RBC sees Fosterville upside RBC sees Fosterville upside RBC sees Fosterville upside RBC sees Fosterville upside RBC sees Fosterville upside

Kirkland Lake is investing 50% of its group exploration budget at Fosterville

The Toronto-based company reported its quarterly numbers earlier in the week and shocked the market with a 67% production beat at Fosterville, in Victoria, Australia, as mined grades rose to 17.