NYSE:KL

Kirkland Lake Gold Stock Forecast, Price & News

$42.74
+0.07 (+0.16 %)
(As of 07/30/2021 12:00 AM ET)
Add
Compare
Today's Range
$42.40
$43.53
50-Day Range
$38.08
$44.06
52-Week Range
$31.72
$57.69
Volume1.60 million shs
Average Volume1.55 million shs
Market Capitalization$11.36 billion
P/E Ratio13.88
Dividend Yield0.73%
Beta0.69
30 days | 90 days | 365 days | Advanced Chart
Receive KL News and Ratings via Email

Sign-up to receive the latest news and ratings for Kirkland Lake Gold and its competitors with MarketBeat's FREE daily newsletter.


Kirkland Lake Gold logo

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.

Headlines

See More Headlines

Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.35 out of 5 stars

Basic Materials Sector

42nd out of 919 stocks

Gold & Silver Ores Industry

13th out of 93 stocks

Analyst Opinion: 3.3Community Rank: 3.2Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
speech bubbles
speech bubbles











Kirkland Lake Gold (NYSE:KL) Frequently Asked Questions

Is Kirkland Lake Gold a buy right now?

9 Wall Street 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 7 buy ratings for the stock. The consensus among Wall Street 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 decline in short interest during the month of June. As of June 15th, there was short interest totaling 2,350,000 shares, a decline of 24.4% from the May 31st total of 3,110,000 shares. Based on an average trading volume of 1,740,000 shares, the short-interest ratio is presently 1.4 days. Currently, 0.9% of the company's 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, November 4th 2021.
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 quarterly earnings results on Wednesday, July, 28th. The company reported $0.92 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.85 by $0.07. Kirkland Lake Gold had a trailing twelve-month return on equity of 18.41% and a net margin of 33.08%.
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. Since then, KL stock has increased by 41.0% and is now trading at $42.74.
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 announced a quarterly dividend on Saturday, June 19th. Stockholders of record on Wednesday, June 30th will be paid a dividend of $0.1875 per share on Wednesday, July 14th. This represents a $0.75 dividend on an annualized basis and a yield of 1.75%. The ex-dividend date is Tuesday, June 29th. This is an increase 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 $0.31 per share and currently has a dividend yield of 0.73%. Kirkland Lake Gold has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio of Kirkland Lake Gold is 9.09%. 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 9.66% 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?

9 equities research analysts have issued twelve-month price objectives for Kirkland Lake Gold's shares. Their forecasts range from $55.00 to $85.00. On average, they anticipate Kirkland Lake Gold's stock price to reach $68.00 in the next twelve months. This suggests a possible upside of 59.1% 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, Sr. VP of Corp. Devel.
  • Dr. Merushe Verli CPA, C.A., CPA, CPA, -CA, CA, Sr. VP of Bus. Operation Management Systems (Age 58)
  • Mr. John Landmark, Sr. VP of Corp. Affairs - Australia
  • 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 many different retail and institutional investors. Top institutional shareholders include Scout Investments Inc. (0.35%), DORCHESTER WEALTH MANAGEMENT Co (0.05%), Alliancebernstein L.P. (0.02%), Confluence Investment Management LLC (0.01%), Camelot Portfolios LLC (0.01%) and First Interstate Bank (0.00%).

Which institutional investors are selling Kirkland Lake Gold stock?

KL stock was sold by a variety of institutional investors in the last quarter, including Clean Yield Group, Alliancebernstein L.P., Salvus Wealth Management LLC, and LaFleur & Godfrey LLC.

Which institutional investors are buying Kirkland Lake Gold stock?

KL stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Camelot Portfolios LLC, First Interstate Bank, DORCHESTER WEALTH MANAGEMENT Co, Tectonic Advisors LLC, and Confluence Investment Management LLC.

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 $42.74.

How much money does Kirkland Lake Gold make?

Kirkland Lake Gold has a market capitalization of $11.36 billion and generates $2.46 billion in revenue each year. The company earns $787.71 million in net income (profit) each year or $3.41 on an earnings per share basis.

How many employees does Kirkland Lake Gold have?

Kirkland Lake Gold employs 2,878 workers across the globe.

What is Kirkland Lake Gold's official website?

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

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 7/31/2021 by MarketBeat.com Staff
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.