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NYSE:KL - Kirkland Lake Gold Stock Price, Forecast & News

$31.99
-0.89 (-2.71 %)
(As of 03/30/2020 03:44 AM ET)
Today's Range
$29.95
Now: $31.99
$32.92
50-Day Range
$23.10
MA: $32.73
$38.10
52-Week Range
$18.02
Now: $31.99
$51.08
Volume2.64 million shs
Average Volume3.26 million shs
Market Capitalization$6.71 billion
P/E Ratio12.12
Dividend Yield0.73%
Beta0.32
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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Kirkland Lake Gold logo

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.38 billion
Cash Flow$3.46 per share
Book Value$8.67 per share

Profitability

Net Income$560.08 million

Miscellaneous

Employees1,729
Market Cap$6.71 billion
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

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Kirkland Lake Gold (NYSE:KL) Frequently Asked Questions

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 reached pandemic status according to the World Health Organization. Since then, KL shares have increased by 5.5% and is now trading at $31.99. View which stocks have been mosted impacted by Coronavirus.

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 5 hold ratings and 5 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 Tuesday, May 5th 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 quarterly earnings data on Wednesday, February, 19th. The company reported $0.88 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.89 by $0.01. The business had revenue of $412.38 million for the quarter, compared to analysts' expectations of $414.47 million. Kirkland Lake Gold had a net margin of 40.59% and a return on equity of 36.90%. 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, December 18th. Shareholders of record on Tuesday, December 31st will be given a dividend of $0.06 per share on Monday, January 13th. This represents a $0.24 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date is Monday, December 30th. This is a positive change from Kirkland Lake Gold's previous quarterly dividend of $0.03. 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 stock. Their forecasts range from $37.00 to $61.00. On average, they anticipate Kirkland Lake Gold's share price to reach $51.31 in the next year. This suggests a possible upside of 60.4% from the stock's current price. View analysts' price targets for Kirkland Lake Gold.

Has Kirkland Lake Gold been receiving favorable news coverage?

News coverage about KL stock has been trending somewhat negative this week, according to InfoTrie. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Kirkland Lake Gold earned a daily sentiment score of -1.8 on InfoTrie's scale. They also gave media headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next several days. View the latest news aboutKirkland Lake Gold.

Are investors shorting Kirkland Lake Gold?

Kirkland Lake Gold saw a decrease in short interest during the month of March. As of March 13th, there was short interest totaling 3,161,700 shares, a decrease of 18.5% from the February 27th total of 3,880,000 shares. Based on an average daily trading volume, of 1,860,000 shares, the days-to-cover ratio is presently 1.7 days. Approximately 1.2% of the shares of the stock are sold short. View Kirkland Lake Gold's Current Options Chain.

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), Alibaba Group (BABA), Walt Disney (DIS), Mastercard (MA), Square (SQ), Cronos Group (CRON), Micron Technology (MU), Visa (V), Verizon Communications (VZ) and Fortinet (FTNT).

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 many different institutional and retail investors. Top institutional shareholders include Van ECK Associates Corp (7.07%), FMR LLC (6.87%), Connor Clark & Lunn Investment Management Ltd. (1.27%), Alberta Investment Management Corp (1.25%), Renaissance Technologies LLC (1.19%) and Norges Bank (0.96%).

Which major investors are selling Kirkland Lake Gold stock?

KL stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Connor Clark & Lunn Investment Management Ltd., Scout Investments Inc., Goldman Sachs Group Inc., 1832 Asset Management L.P., Toronto Dominion Bank, Hexavest Inc., and Spark Investment Management LLC.

Which major investors are buying Kirkland Lake Gold stock?

KL stock was purchased by a variety of institutional investors in the last quarter, including Norges Bank, Van ECK Associates Corp, Guardian Capital LP, TIG Advisors LLC, Renaissance Technologies LLC, Segantii Capital Management Ltd, Alberta Investment Management Corp, and BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp.

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 $31.99.

How big of a company is Kirkland Lake Gold?

Kirkland Lake Gold has a market capitalization of $6.71 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 1,729 workers across the globe. View additional information about Kirkland Lake Gold.

What is Kirkland Lake Gold's official website?

The official website for Kirkland Lake Gold is http://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]


MarketBeat Community Rating for Kirkland Lake Gold (NYSE KL)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  331 (Vote Outperform)
Underperform Votes:  393 (Vote Underperform)
Total Votes:  724
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.
This page was last updated on 3/30/2020 by MarketBeat.com Staff

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