NYSE:KL

Kirkland Lake Gold Stock Forecast, Price & News

$38.73
-1.33 (-3.32 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$38.71
$40.32
50-Day Range
$35.93
$44.06
52-Week Range
$31.72
$57.69
Volume2.35 million shs
Average Volume1.89 million shs
Market Capitalization$10.34 billion
P/E Ratio14.29
Dividend Yield1.10%
Beta0.71
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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.

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MarketRank

Overall MarketRank

2.02 out of 5 stars

Basic Materials Sector

52nd out of 887 stocks

Gold & Silver Ores Industry

11th out of 91 stocks

Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 1.9 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?

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.

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) released its quarterly earnings results on Thursday, May, 6th. The company reported $0.63 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.67 by $0.04. The business earned $551.80 million during the quarter, compared to analysts' expectations of $662.39 million. Kirkland Lake Gold had a trailing twelve-month return on equity of 18.12% and a net margin of 30.36%. Kirkland Lake Gold's revenue was down .5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.70 earnings per share.
View Kirkland Lake Gold's earnings history
.

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

Kirkland Lake Gold's stock was trading at $30.31 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, KL shares have increased by 27.8% and is now trading at $38.73.
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 dividend on Saturday, June 19th. Investors of record on Wednesday, June 30th will be given a dividend of $0.1875 per share on Wednesday, July 14th. This represents a yield of 1.87%. The ex-dividend date of this dividend is Tuesday, June 29th. This is a boost from Kirkland Lake Gold's previous 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 $0.44 per share and currently has a dividend yield of 1.10%. 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 12.90%. 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 13.71% 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 brokers have issued twelve-month price objectives for Kirkland Lake Gold's stock. Their forecasts range from $55.00 to $85.00. On average, they expect Kirkland Lake Gold's stock price to reach $70.00 in the next twelve months. This suggests a possible upside of 80.7% 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 number of institutional and retail investors. Top institutional investors include Van ECK Associates Corp (6.29%), Price T Rowe Associates Inc. MD (4.15%), Flossbach Von Storch AG (1.66%), CIBC Asset Management Inc (1.45%), Renaissance Technologies LLC (1.21%) and Ninety One UK Ltd (1.16%).

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, Greenhouse Funds LLLP, CIBC Asset Management Inc, and Renaissance Technologies LLC.

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, Canada Pension Plan Investment Board, Morgan Stanley, Galibier Capital Management Ltd., Russell Investments Group Ltd., Jupiter Asset Management Ltd., Crossmark Global Holdings Inc., and Goldman Sachs Group 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 $38.73.

How much money does Kirkland Lake Gold make?

Kirkland Lake Gold has a market capitalization of $10.34 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 6/19/2021 by MarketBeat.com Staff
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