Kirkland Lake Gold Ltd. engages in the exploration and development of gold properties. The company owns and operates four underground gold mines, including the Macassa mine, the Holt mine, and the Taylor mine in Ontario, Canada; and the Fosterville Mine 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. was founded in 1983 and is headquartered in Toronto, Canada.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Gold & silver ores
Sub-IndustryN/A
SectorBasic Materials
SymbolNYSE:KL
CUSIPN/A
Phone416-840-7884
Debt
Debt-to-Equity Ratio0.01
Current Ratio2.74
Quick Ratio2.46
Price-To-Earnings
Trailing P/E Ratio27.94
Forward P/E Ratio17.21
P/E GrowthN/A
Sales & Book Value
Annual Sales$747.49 million
Price / Sales5.50
Cash Flow$1.2492 per share
Price / Cash15.57
Book Value$5.49 per share
Price / Book3.54
Profitability
EPS (Most Recent Fiscal Year)$0.71
Net Income$132.42 million
Net Margins24.94%
Return on Equity18.54%
Return on Assets14.20%
Miscellaneous
Employees2,000
Outstanding Shares211,200,000
Market Cap$4.64 billion
Kirkland Lake Gold (NYSE:KL) Frequently Asked Questions
What is Kirkland Lake Gold's stock symbol?
Kirkland Lake Gold trades on the New York Stock Exchange (NYSE) under the ticker symbol "KL."
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 Monday, June 18th. Stockholders of record on Friday, June 29th will be given a dividend of $0.023 per share on Friday, July 13th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 0.47%. The ex-dividend date is Thursday, June 28th. This is a boost from Kirkland Lake Gold's previous quarterly dividend of $0.02. View Kirkland Lake Gold's Dividend History.
How were Kirkland Lake Gold's earnings last quarter?
Kirkland Lake Gold Ltd (NYSE:KL) announced its earnings results on Wednesday, August, 1st. The company reported $0.30 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.31 by $0.01. The firm earned $214.65 million during the quarter. Kirkland Lake Gold had a net margin of 24.94% and a return on equity of 18.54%. View Kirkland Lake Gold's Earnings History.
When is Kirkland Lake Gold's next earnings date?
What is the consensus analysts' recommendation for Kirkland Lake Gold?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Kirkland Lake Gold in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Kirkland Lake Gold.
Who are some of Kirkland Lake Gold's key competitors?
Some companies that are related to Kirkland Lake Gold include Franco Nevada (FNV), Barrick Gold (ABX), Goldcorp (GG), Agnico Eagle Mines (AEM), Wheaton Precious Metals (WPM), Randgold Resources (GOLD), Kinross Gold (KGC), AngloGold Ashanti (AU), Gold Fields (GFI), Yamana Gold (AUY), Pan American Silver (PAAS), IAMGOLD (IAG), Alamos Gold (AGI), Osisko gold royalties (OR) and Tahoe Resources (TAHO).
Who are Kirkland Lake Gold's key executives?
Kirkland Lake Gold's management team includes the folowing people:
- Mr. Anthony Paul Makuch B.Sc., M.Sc., M.B.A., P.Eng., Pres, CEO & Director (Age 60)
- Mr. Philip Chow Yee CA, Exec. VP & CFO
- Ms. Christina Sylvia Jean Ouellette CHRP, Exec. VP of HR (Age 65)
- Mr. Pierre Rocque, VP of Canadian Operations
- Mr. Ian Holland, VP of Australian Operations
Has Kirkland Lake Gold been receiving favorable news coverage?
News stories about KL stock have trended somewhat negative recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Kirkland Lake Gold earned a media and rumor sentiment score of -0.11 on Accern's scale. They also assigned headlines about the company an impact score of 47.02 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Kirkland Lake Gold.
Who are Kirkland Lake Gold's major shareholders?
Kirkland Lake Gold's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Van ECK Associates Corp (12.92%), FMR LLC (5.16%), Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp (1.69%), American Century Companies Inc. (0.94%), Connor Clark & Lunn Investment Management Ltd. (0.90%) and Spark Investment Management LLC (0.46%).
Which major investors are selling Kirkland Lake Gold stock?
KL stock was sold by a variety of institutional investors in the last quarter, including Toronto Dominion Bank, Investec Asset Management LTD, CIBC Asset Management Inc, Russell Investments Group Ltd., Global X Management Co LLC, Renaissance Technologies LLC, TD Asset Management Inc. and American Century Companies Inc..
Which major investors are buying Kirkland Lake Gold stock?
KL stock was acquired by a variety of institutional investors in the last quarter, including FMR LLC, Van ECK Associates Corp, Spark Investment Management LLC, Hexavest Inc., CIBC World Markets Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp, Canada Pension Plan Investment Board and BlackRock 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Kirkland Lake Gold's stock price today?
One share of KL stock can currently be purchased for approximately $19.45.
How big of a company is Kirkland Lake Gold?
Kirkland Lake Gold has a market capitalization of $4.64 billion and generates $747.49 million in revenue each year. The company earns $132.42 million in net income (profit) each year or $0.71 on an earnings per share basis. Kirkland Lake Gold employs 2,000 workers across the globe.
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]
MarketBeat Community Rating for Kirkland Lake Gold (NYSE KL)
MarketBeat's community ratings are surveys of what our community members think about Kirkland Lake Gold and other stocks. Vote "Outperform" if you believe KL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe KL will underperform the S&P 500 over the long term. You may vote once every thirty days.
