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NYSE:KL

Kirkland Lake Gold Stock Forecast, Price & News

$52.35
-1.01 (-1.89 %)
(As of 09/17/2020 12:00 AM ET)
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Today's Range
$51.29
Now: $52.35
$52.80
50-Day Range
$48.16
MA: $52.55
$55.60
52-Week Range
$18.02
Now: $52.35
$57.69
Volume1.54 million shs
Average Volume2.18 million shs
Market Capitalization$14.44 billion
P/E Ratio17.81
Dividend Yield0.94%
Beta0.87
Kirkland Lake Gold Ltd. engages in the acquisition, exploration, development, and operation of gold properties. It owns and operates four underground gold mines, including the Macassa, Holt, and Taylor mines located in northeastern Ontario, Canada; and the Fosterville Mine located in Victoria, Australia, as well as three milling facilities in Canada and Australia. The company was formerly known as Newmarket Gold Inc. and changed its name to Kirkland Lake Gold Ltd. in December 2016. Kirkland Lake Gold Ltd. is headquartered in Toronto, Canada.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.4Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

2.17 out of 5 stars


Industry, Sector and Symbol

Industry Gold & silver ores
Sub-IndustryN/A
CUSIPN/A
Phone416-840-7884

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.38 billion
Cash Flow$3.54 per share
Book Value$8.67 per share

Profitability

Net Income$560.08 million

Miscellaneous

Employees1,981
Market Cap$14.44 billion
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$52.35
-1.01 (-1.89 %)
(As of 09/17/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Kirkland Lake Gold (NYSE:KL) Frequently Asked Questions

How has Kirkland Lake Gold's stock been impacted by Coronavirus?

Kirkland Lake Gold's stock was trading at $30.31 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, KL shares have increased by 72.7% and is now trading at $52.35.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Kirkland Lake Gold?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kirkland Lake Gold in the last year. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Kirkland Lake Gold
.

When is Kirkland Lake Gold's next earnings date?

Kirkland Lake Gold is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Kirkland Lake Gold
.

How were Kirkland Lake Gold's earnings last quarter?

Kirkland Lake Gold Ltd (NYSE:KL) issued its earnings results on Thursday, July, 30th. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.74 by $0.05. The company earned $580.98 million during the quarter, compared to the consensus estimate of $566.08 million. Kirkland Lake Gold had a return on equity of 24.32% and a net margin of 36.22%.
View Kirkland Lake Gold's earnings history
.

How often does Kirkland Lake Gold pay dividends? What is the dividend yield for Kirkland Lake Gold?

Kirkland Lake Gold announced a quarterly dividend on Wednesday, June 17th. Investors of record on Tuesday, June 30th will be given a dividend of $0.125 per share on Monday, July 13th. This represents a $0.50 annualized dividend and a dividend yield of 0.96%. The ex-dividend date is Monday, June 29th. This is a boost from Kirkland Lake Gold's previous quarterly dividend of $0.06.
View Kirkland Lake Gold's dividend history
.

What price target have analysts set for KL?

10 equities research analysts have issued 12 month price targets for Kirkland Lake Gold's shares. Their forecasts range from $37.00 to $95.50. On average, they anticipate Kirkland Lake Gold's share price to reach $60.72 in the next year. This suggests a possible upside of 16.0% from the stock's current price.
View analysts' price targets for Kirkland Lake Gold
.

Are investors shorting Kirkland Lake Gold?

Kirkland Lake Gold saw a increase in short interest in the month of August. As of August 31st, there was short interest totaling 3,740,000 shares, an increase of 10.3% from the August 15th total of 3,390,000 shares. Based on an average daily trading volume, of 1,950,000 shares, the days-to-cover ratio is presently 1.9 days. Currently, 1.4% of the company's stock are short sold.
View Kirkland Lake Gold's Short Interest
.

Who are some of Kirkland Lake Gold's key competitors?

What other stocks do shareholders of Kirkland Lake Gold own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Kirkland Lake Gold investors own include NVIDIA (NVDA), Intel (INTC), Advanced Micro Devices (AMD), Alibaba Group (BABA), Cisco Systems (CSCO), AbbVie (ABBV), Barrick Gold (GOLD), Newmont Goldcorp (NEM), QUALCOMM (QCOM) and Walt Disney (DIS).

Who are Kirkland Lake Gold's key executives?

Kirkland Lake Gold's management team includes the following people:
  • Mr. Anthony Paul Makuch B.Sc., M.Sc., M.B.A., P.Eng., Pres, CEO & Director (Age 61)
  • Mr. David Soares, Chief Financial Officer
  • Ms. Christina Sylvia Jean Ouellette CHRP, Exec. VP of HR (Age 66)
  • Henry Heidrich, Director of Technical Services
  • Mr. Mark E. F. Utting CFA, VP of Investor Relations

What is Kirkland Lake Gold's stock symbol?

Kirkland Lake Gold trades on the New York Stock Exchange (NYSE) under the ticker symbol "KL."

Who are Kirkland Lake Gold's major shareholders?

Kirkland Lake Gold's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (2.91%), CIBC Asset Management Inc (1.42%), FIL Ltd (1.36%), FMR LLC (1.08%), Ninety One UK Ltd (1.06%) and Swiss National Bank (0.79%).

Which institutional investors are selling Kirkland Lake Gold stock?

KL stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Alberta Investment Management Corp, Man Group plc, Bank of America Corp DE, Two Sigma Advisers LP, APG Asset Management N.V., Russell Investments Group Ltd., and Intact Investment Management Inc..

Which institutional investors are buying Kirkland Lake Gold stock?

KL stock was purchased by a variety of institutional investors in the last quarter, including FIL Ltd, CIBC Asset Management Inc, Gabelli Funds LLC, MERIAN GLOBAL INVESTORS UK Ltd, Addenda Capital Inc., Zweig DiMenna Associates LLC, Galibier Capital Management Ltd., and Canada Pension Plan Investment Board.

How do I buy shares of Kirkland Lake Gold?

Shares of KL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Kirkland Lake Gold's stock price today?

One share of KL stock can currently be purchased for approximately $52.35.

How big of a company is Kirkland Lake Gold?

Kirkland Lake Gold has a market capitalization of $14.44 billion and generates $1.38 billion in revenue each year. The company earns $560.08 million in net income (profit) each year or $2.74 on an earnings per share basis. Kirkland Lake Gold employs 1,981 workers across the globe.

What is Kirkland Lake Gold's official website?

The official website for Kirkland Lake Gold is www.klgold.com.

How can I contact Kirkland Lake Gold?

Kirkland Lake Gold's mailing address is 200 BAY STREET SUITE 3120, TORONTO A6, M5J 2J1. The company can be reached via phone at 416-840-7884 or via email at [email protected]

This page was last updated on 9/18/2020 by MarketBeat.com Staff

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