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Friday’s analyst upgrades and downgrades Add to ...

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Inside the Market’s roundup of some of today’s key analyst actions

Raymond James analyst Chris Thompson downgraded Newmarket Gold Inc. (NMI-T) in reaction to the announcement from Kirkland Lake Gold Inc. (KLG-T) that it has struck an all-stock $1.01-billion deal to buy the company.

The combined company will be called Kirkland Lake Gold and be based in Toronto.

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