TSE:KL

Kirkland Lake Gold - KL Stock Forecast, Price & News

C$49.71

+1.01 (+2.07%)

(As of 02/9/2022)

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Today's Range: C$49.09
▼
C$50.66
50-Day Range: C$49.71
▼
C$49.71
52-Week Range: C$40.07
▼
C$58.43

Volume: 2.99 million shs
Average Volume: 1.28 million shs
Market Capitalization: C$13.11 billion

P/E Ratio: 11.76
Dividend Yield: 1.89%
Price Target: C$52.06

About Kirkland Lake Gold (TSE:KL) Stock

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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KL Stock News Headlines

September 21, 2022 | finance.yahoo.com

Exploration Plan for Grenfell Gold Property Begins

September 13, 2022 | investing.com

Kirkland Lake Gold Ltd (KL)

September 10, 2022 | reuters.com

Warrior Gold Inc

September 8, 2022 | nz.finance.yahoo.com

Tri Pointe Homes’ New Kirkland Community Hits Market with Designs by Queer Eye Designer Bobby Berk

August 26, 2022 | seekingalpha.com

Wesdome Gold Mines: A Kitchen Sink Quarter

August 22, 2022 | reuters.com

Canoe Mining Ventures Corp

June 24, 2022 | ca.finance.yahoo.com

Stocks in play: Warrior Gold Inc.

May 26, 2022 | finanznachrichten.de

Tarku Resources ltd: Tarku's Generates 5.35km of Targets for Drilling its 3As Projects, Quebec

April 12, 2022 | finance.yahoo.com

Discovery Announces Appointment of Tony Makuch to Board

April 1, 2022 | nasdaq.com

Gold miner Agnico Eagle upbeat on Australia growth prospects

March 14, 2022 | finance.yahoo.com

Mistango Updates on Kirkland West and Omega's Ongoing Drilling

March 4, 2022 | theglobeandmail.com

The bulldozer versus the diplomat: Inside the power struggle at Agnico Eagle that led to the exit of CEO Tony Makuch after 16 days

March 1, 2022 | fool.ca

2 Top Gold Miners to Back Up the Truck on

February 16, 2022 | finance.yahoo.com

Warrior Gold Increases Land Holdings in Kirkland Lake, Ontario

February 8, 2022 | finance.yahoo.com

Agnico Eagle and Kirkland Lake Gold Complete Merger Transaction

February 4, 2022 | finance.yahoo.com

Mint Tower Capital Management B.V. Buys Global SPAC Partners Co, IHS Markit, CyrusOne Inc, ...

January 26, 2022 | finance.yahoo.com

Kirkland Lake Gold and Rogers Business Launch 5G Wireless Private Network at Detour Lake Mine

January 21, 2022 | nasdaq.com

First Week of March 18th Options Trading For Kirkland Lake Gold

January 6, 2022 | ca.finance.yahoo.com

Northstar Surface Sampling Expands Allied Syenite Gold Zone at Miller Gold Property (Includes 14.79 g/t Au over 7m)

January 5, 2022 | marketwatch.com

Kirkland Lake Gold Ltd. stock falls Wednesday, underperforms market

December 24, 2021 | finance.yahoo.com

Warrior Gold Closes Private Placement

November 18, 2021 | finance.yahoo.com

Warrior Gold Completes Drilling at Goodfish-Kirana in Kirkland Lake, Intersects Visible Gold and Provides Exploration Update

November 14, 2021 | ca.finance.yahoo.com

Why Kirkland Lake Stock Is a Screaming Buy Ahead of Merger

October 29, 2021 | msn.com

Mark Bennett’s S2 Resources wins exploration block next to Fosterville gold mine, gains 90pc

October 28, 2021 | finance.yahoo.com

‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Gold
Sub-Industry: N/A
Sector: Basic Materials
Current Symbol: TSE:KL
Previous Symbol: TSE:NMI
CUSIP: N/A
CIK: N/A
Web: www.klgold.com
Phone: 416-840-7884
Fax: N/A
Employees: 2,878
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: C$52.06
High Stock Price Forecast: C$56.00
Low Stock Price Forecast: C$50.00
Forecasted Upside/Downside: +4.7%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.50
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: 11.76
Forward P/E Ratio: N/A
P/E Growth: 2.5
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 0.43
Current Ratio: 3.04
Quick Ratio: 2.46

Sales & Book Value

Annual Sales: C$2.57 billion
Price / Sales: 5.09
Cash Flow: C$3.17 per share
Price / Cash Flow: 15.66
Book Value: C$20.23 per share
Price / Book: 2.46

Miscellaneous

Outstanding Shares: 263,697,000
Free Float: N/A
Market Cap: C$13.11 billion
Optionable: Optionable
Beta: N/A

Key Executives

Mr. Anthony Paul Makuch B.Sc. (Age 63)
M.Sc., M.B.A., P.Eng., Pres, CEO & Director
Comp: $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. (Age 44)
Exec. VP of Corp. Affairs & Sustainability
Comp: $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 (Age 58)
C.A., CPA, CPA, -CA, CA, Sr. VP of Bus. Operation Management Systems

Mr. Jason R. Neal (Age 47)
Exec. VP

Mr. Stewart J. Carmichael P.Geo.
Regional Mang. of Exploration

Key Competitors

View All Competitors

KL Stock - Frequently Asked Questions

Should I buy or sell Kirkland Lake Gold stock right now?: 2 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 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" KL shares.
View KL analyst ratings or view top-rated stocks.
What is Kirkland Lake Gold's stock price forecast for 2022?: 2 Wall Street research analysts have issued twelve-month target prices for Kirkland Lake Gold's stock. Their KL share price forecasts range from C$50.00 to C$56.00. On average, they anticipate the company's stock price to reach C$52.06 in the next year. This suggests a possible upside of 4.7% from the stock's current price.
View analysts price targets for KL or view top-rated stocks among Wall Street analysts.
How have KL shares performed in 2022?: Kirkland Lake Gold's stock was trading at C$53.01 at the beginning of 2022. Since then, KL shares have decreased by 6.2% and is now trading at C$49.71.
View the best growth stocks for 2022 here.
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, December 17th. Investors of record on Friday, December 31st will be paid a dividend of 0.24 per share on Friday, January 14th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date is Thursday, December 30th. This is a positive change from the stock's previous quarterly dividend of C$0.24.
Read our dividend analysis for KL.
Is Kirkland Lake Gold a good dividend stock?: Kirkland Lake Gold (TSE:KL) pays an annual dividend of C$0.75 per share and currently has a dividend yield of 1.89%. The dividend payout ratio is 17.74%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for KL.

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 Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), Toronto-Dominion Bank (TD), AbbVie (ABBV), Enbridge (ENB), Vermilion Energy (VET), Wheaton Precious Metals (WPM) and Aurora Cannabis (ACB).
What is Kirkland Lake Gold's stock symbol?: Kirkland Lake Gold trades on the Toronto Stock Exchange (TSX) under the ticker symbol "KL."
How do I buy shares of Kirkland Lake Gold?: Shares of KL stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.
What is Kirkland Lake Gold's stock price today?: One share of KL stock can currently be purchased for approximately C$49.71.
How much money does Kirkland Lake Gold make?: Kirkland Lake Gold (TSE:KL) has a market capitalization of C$13.11 billion and generates C$2.57 billion in revenue each year.
How many employees does Kirkland Lake Gold have?: The company employs 2,878 workers across the globe.
How can I contact Kirkland Lake Gold?: The official website for the company is www.klgold.com. The company can be reached via phone at 416-840-7884.

This page (TSE:KL) was last updated on 9/28/2022 by MarketBeat.com Staff

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