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Kirkland Lake Gold Stock Forecast, Price & News

+1.71 (+4.12 %)
(As of 05/17/2021 12:03 PM ET)
Today's Range
50-Day Range
52-Week Range
Volume96,744 shs
Average Volume1.96 million shs
Market Capitalization$11.53 billion
P/E Ratio15.20
Dividend Yield1.81%
30 days | 90 days | 365 days | Advanced Chart
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About Kirkland Lake Gold

Kirkland Lake Gold Ltd. engages in the acquisition, production, and operation of gold properties. The company holds interest in the Fosterville Mine located in the State of Victoria, Australia; and the Macassa Mine situated in the Municipality of Kirkland Lake, Ontario, Canada, as well as the Detour Lake Mine located in northeastern Ontario, Canada. It has a strategic alliance agreement with Newmont Corporation. 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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Industry, Sector and Symbol

Industry Gold & silver ores
Phone(416) 840-7884
Year FoundedN/A

Sales & Book Value

Annual Sales$1.38 billion
Cash Flow$3.77 per share
Book Value$8.67 per share


Net Income$560.08 million




Market Cap$11.53 billion
Next Earnings Date7/29/2021 (Estimated)


Overall MarketRank

2.44 out of 5 stars

Basic Materials Sector

7th out of 862 stocks

Gold & Silver Ores Industry

4th out of 77 stocks

Analyst Opinion: 3.4Community Rank: 2.4Dividend Strength: 2.5Insider Behavior: 0.8Valuation: 3.1 5 -4 -3 -2 -1 -
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Kirkland Lake Gold (NYSE:KL) Frequently Asked Questions

Is Kirkland Lake Gold a buy right now?

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kirkland Lake Gold in the last year. There are currently 1 sell rating, 1 hold rating and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Kirkland Lake Gold stock.
View analyst ratings for Kirkland Lake Gold
or view top-rated stocks.

What stocks does MarketBeat like better than Kirkland Lake Gold?

Wall Street analysts have given Kirkland Lake Gold a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Kirkland Lake Gold wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Kirkland Lake Gold?

Kirkland Lake Gold saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 1,770,000 shares, a drop of 31.4% from the March 15th total of 2,580,000 shares. Based on an average daily trading volume, of 1,980,000 shares, the short-interest ratio is presently 0.9 days. Currently, 0.7% of the shares of the stock are short sold.
View Kirkland Lake Gold's Short Interest

When is Kirkland Lake Gold's next earnings date?

Kirkland Lake Gold is scheduled to release its next quarterly earnings announcement on Thursday, July 29th 2021.
View our earnings forecast for Kirkland Lake Gold

How were Kirkland Lake Gold's earnings last quarter?

Kirkland Lake Gold Ltd. (NYSE:KL) posted its quarterly earnings data on Thursday, May, 6th. The company reported $0.63 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.67 by $0.04. The company had revenue of $551.80 million for the quarter, compared to the consensus estimate of $662.39 million. Kirkland Lake Gold had a trailing twelve-month return on equity of 21.03% and a net margin of 33.21%. The firm's revenue was down .5% on a year-over-year basis. During the same quarter last year, the company earned $0.70 EPS.
View Kirkland Lake Gold's earnings history

How has Kirkland Lake Gold's stock been impacted by COVID-19?

Kirkland Lake Gold's stock was trading at $30.31 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, KL shares have increased by 41.6% and is now trading at $42.93.
View which stocks have been most impacted by COVID-19

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

Kirkland Lake Gold declared a quarterly dividend on Friday, March 19th. Shareholders of record on Wednesday, March 31st will be paid a dividend of $0.1875 per share on Wednesday, April 14th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.75%. The ex-dividend date of this dividend is Tuesday, March 30th. This is a positive change from Kirkland Lake Gold's previous quarterly dividend of $0.02.
View Kirkland Lake Gold's dividend history

Is Kirkland Lake Gold a good dividend stock?

Kirkland Lake Gold pays an annual dividend of $0.75 per share and currently has a dividend yield of 1.81%. Kirkland Lake Gold has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strock track record of dividend growth. The dividend payout ratio of Kirkland Lake Gold is 27.37%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Kirkland Lake Gold will have a dividend payout ratio of 19.43% next year. This indicates that Kirkland Lake Gold will be able to sustain or increase its dividend.
View Kirkland Lake Gold's dividend history.

What price target have analysts set for KL?

10 brokerages have issued 12 month target prices for Kirkland Lake Gold's shares. Their forecasts range from $55.00 to $85.00. On average, they expect Kirkland Lake Gold's share price to reach $70.00 in the next twelve months. This suggests a possible upside of 63.1% from the stock's current price.
View analysts' price targets for Kirkland Lake Gold
or view top-rated stocks among Wall Street analysts.

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 63, Pay $4.04M)
  • Mr. David Soares, Chief Financial Officer
  • Ms. Natasha Nella Dominica Vaz P. Eng., MBA, Chief Operating Officer
  • Ms. Jennifer Laura Wagner L.L.B., Exec. VP of Corp. Affairs & Sustainability (Age 44, Pay $894.59k)
  • Mr. Eric A. Kallio P.Geo., Sr. VP of Exploration
  • Mr. Mark E. F. Utting CFA, Sr. VP of Investor Relations
  • Mr. Darin Matthew Smith, VP of Corp. Devel.
  • Dr. Merushe Verli CPA, C.A., CPA, CPA, -CA, CA, Sr. VP of Bus. Operation Management Systems (Age 58)
  • Mr. Alasdair Federico, Exec. VP of Corp. Affairs & Corp. Social Responsibility
  • Mr. Jason R. Neal, Exec. VP (Age 47)

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 (NEM), Square (SQ) and Micron Technology (MU).

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 variety of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (6.29%), Flossbach Von Storch AG (1.66%), CIBC Asset Management Inc (1.45%), Renaissance Technologies LLC (1.21%), Ninety One UK Ltd (1.16%) and First Eagle Investment Management LLC (1.02%).

Which major investors are selling Kirkland Lake Gold stock?

KL stock was sold by a variety of institutional investors in the last quarter, including Van ECK Associates Corp, AGF Investments Inc., Toronto Dominion Bank, The Manufacturers Life Insurance Company, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp, CIBC Asset Management Inc, Renaissance Technologies LLC, and Alberta Investment Management Corp.

Which major investors are buying Kirkland Lake Gold stock?

KL stock was acquired by a variety of institutional investors in the last quarter, including Flossbach Von Storch AG, Galibier Capital Management Ltd., Russell Investments Group Ltd., Jupiter Asset Management Ltd., Crossmark Global Holdings Inc., Goldman Sachs Group Inc., Ninety One UK Ltd, and Rovida Advisors Inc..

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Kirkland Lake Gold's stock price today?

One share of KL stock can currently be purchased for approximately $42.93.

How much money does Kirkland Lake Gold make?

Kirkland Lake Gold has a market capitalization of $11.46 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.

How many employees does Kirkland Lake Gold have?

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

Where are Kirkland Lake Gold's headquarters?

Kirkland Lake Gold is headquartered at 200 BAY STREET SUITE 3120, TORONTO A6, M5J 2J1.

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 5/17/2021 by Staff
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