Investors in Kirkland Lake Gold Inc. can be forgiven for chewing on one or two of their nails lately. Shares in the company – which is working on increasing production at its Macassa Mine in the historic Ontario mining town of Kirkland Lake – have dropped 68% in the past year to trade at $4.31, worse than the 34% decline in the S&P/TSX Global Gold Index. The stock slid almost 8% on Wednesday as investors wagered that the Fed’s bullion-friendly bond buying will soon start winding down.
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