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

Midtier 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