Kirkland Lake Gold Reports Rose In Q2 Profit

Kirkland Lake Gold Inc

reported a rise in its second-quarter profit. Kirkland Lake Gold projects gold production for fiscal years 2014 to 2016 of 210,000 to 250,000 ounces per year. Kirkland Lake Gold's quarterly gold production climbed to 24,478 ounces. Kirkland Lake Gold's net and comprehensive income rose to C$9.2 million, from $C8.5 million, in the year-ago period. Its revenue surged to C$40.3 million. Kirkland Lake Gold shares closed at $17.69 yesterday.