TSE:KL

Kirkland Lake Gold Stock Forecast, Price & News

C$52.67

-2.15 (-3.92 %)

(As of 09/16/2021 04:00 PM ET)

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Today's Range

C$52.06

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C$53.60

50-Day Range

C$48.20

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C$54.64

52-Week Range

C$40.07

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C$69.93

Volume1.20 million shs

Average Volume929,333 shs

Market CapitalizationC$14.00 billion

P/E Ratio13.41

Dividend Yield1.71%

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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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.

National Bankshares Lowers Kirkland Lake Gold (TSE:KL) Price Target to C$58.00
September 10, 2021 | americanbankingnews.com

Kirkland Lake Gold (TSE:KL) PT Lowered to C$58.00 at National Bank Financial
September 10, 2021 | americanbankingnews.com

Kirkland Lake Gold (TSE:KL) Given "Outperform" Rating at Royal Bank of Canada
September 3, 2021 | americanbankingnews.com

Kirkland Lake Gold Ltd. Buys 50,000 Shares of Kirkland Lake Gold Ltd. (TSE:KL) Stock
September 1, 2021 | americanbankingnews.com

Insider Buying: Kirkland Lake Gold Ltd. (TSE:KL) Insider Purchases 50,000 Shares of Stock
September 1, 2021 | americanbankingnews.com

Kirkland Lake Gold (TSE:KL) shareholders have earned a 28% CAGR over the last three years
September 1, 2021 | finance.yahoo.com

Kirkland Lake Gold (KL) Down 10.9% Since Last Earnings Report: Can It Rebound?
August 27, 2021 | finance.yahoo.com

Kirkland Lake Gold Ltd. (TSE:KL) Insider Kirkland Lake Gold Ltd. Buys 50,000 Shares
August 24, 2021 | americanbankingnews.com

Kirkland Lake Gold Ltd. (TSE:KL) Insider Buys C$2,491,000.00 in Stock
August 24, 2021 | americanbankingnews.com

Insider Buying: Kirkland Lake Gold Ltd. (TSE:KL) Insider Buys 50,000 Shares of Stock
August 24, 2021 | americanbankingnews.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Gold
Sub-IndustryN/A
SectorBasic Materials
Current SymbolTSE:KL
Previous SymbolTSE:NMI
CUSIPN/A
CIKN/A
Webwww.klgold.com
Phone416-840-7884
Employees1,981
Year FoundedN/A

Sales & Book Value

Annual SalesC$2.54 billion
Price / Sales5.51
Cash FlowC$3.23 per share
Price / Cash Flow16.30
Book ValueC$19.82 per share
Price / Book2.66

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares265,840,000
Market CapC$14.00 billion
Next Earnings Date11/4/2021 (Estimated)
OptionableOptionable

MarketRank^™

Overall MarketRank^™

2.66 out of 5 stars

4.3 Analyst's Opinion

Consensus Rating
Kirkland Lake Gold has received a consensus rating of Buy. The company's average rating score is 2.63, and is based on 4 buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of C$67.67, Kirkland Lake Gold has a forecasted upside of 28.4% from its current price of C$52.72.
Amount of Analyst Coverage
Kirkland Lake Gold has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.4 Community Rank

Outperform Votes
Kirkland Lake Gold has received 317 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Kirkland Lake Gold has received 170 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Kirkland Lake Gold has received 65.09% “outperform” votes from our community.

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.

1.7 Dividend Strength

Dividend Yield
Kirkland Lake Gold pays a meaningful dividend of 1.71%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Kirkland Lake Gold does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Kirkland Lake Gold is 17.50%. This payout ratio is at a healthy, sustainable level, below 75%.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Kirkland Lake Gold insiders have bought more of their company's stock than they have sold. Specifically, they have bought C$22,337,420.00 in company stock and sold C$0.00 in company stock.

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Kirkland Lake Gold is 13.42, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.63.
Price to Earnings Ratio vs. Sector
The P/E ratio of Kirkland Lake Gold is 13.42, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 15.94.
Price to Earnings Growth Ratio
Kirkland Lake Gold has a PEG Ratio of 4.19. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Kirkland Lake Gold has a P/B Ratio of 2.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Kirkland Lake Gold (TSE:KL) Frequently Asked Questions

Is Kirkland Lake Gold a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Kirkland Lake Gold in the last year. There are currently 1 sell rating, 2 hold ratings, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research 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, November 4th 2021.
View our earnings forecast for Kirkland Lake Gold.

How were Kirkland Lake Gold's earnings last quarter?

Kirkland Lake Gold Ltd. (TSE:KL) announced its quarterly earnings results on Wednesday, July, 28th. The company reported $1.13 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $1.06 by $0.07. The company had revenue of $814.29 million for the quarter, compared to analyst estimates of $825.98 million.
View Kirkland Lake Gold's earnings history.

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

Kirkland Lake Gold's stock was trading at C$41.68 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, KL shares have increased by 26.5% and is now trading at C$52.72.
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 quarterly dividend on Thursday, June 17th. Stockholders of record on Wednesday, June 30th will be given a dividend of 0.226 per share on Wednesday, July 14th. This represents a $0.90 annualized dividend and a yield of 1.71%. The ex-dividend date of this dividend is Tuesday, June 29th.
View Kirkland Lake Gold's dividend history.

Is Kirkland Lake Gold a good dividend stock?

Kirkland Lake Gold pays an annual dividend of C$0.69 per share and currently has a dividend yield of 1.71%. The dividend payout ratio of Kirkland Lake Gold is 17.50%. This payout ratio is at a healthy, sustainable level, below 75%.
View Kirkland Lake Gold's dividend history.

What price target have analysts set for KL?

8 brokers have issued twelve-month target prices for Kirkland Lake Gold's shares. Their forecasts range from C$50.00 to C$85.00. On average, they anticipate Kirkland Lake Gold's stock price to reach C$67.67 in the next twelve months. This suggests a possible upside of 28.4% 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. Jason R. Neal, Exec. VP (Age 47)
Mr. Stewart J. Carmichael P.Geo., Regional Mang. of Exploration

Who are some of Kirkland Lake Gold's key competitors?

Some companies that are related to Kirkland Lake Gold include Franco-Nevada (FNV), Agnico Eagle Mines (AEM), Wheaton Precious Metals (WPM), Canadian Utilities (CU), Kinross Gold (K), Endeavour Mining (EDV), West Fraser Timber Co. Ltd. (WFT.TO) (WFT), Yamana Gold (YRI), B2Gold (BTO), SSR Mining (SSRM), Alamos Gold (AGI), Yamana Gold (AUY), Alacer Gold (ASR), Centerra Gold (CG) and Equinox Gold (EQX).
View all of KL's 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 Intact Financial (IFC), Constellation Software (CSU), Alimentation Couche-Tard (ATD.B), AutoCanada (ACQ), The 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 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$52.72.

How much money does Kirkland Lake Gold make?

Kirkland Lake Gold has a market capitalization of C$14.02 billion and generates C$2.54 billion in revenue each year.

How many employees does Kirkland Lake Gold have?

Kirkland Lake Gold employs 1,981 workers across the globe.

What is Kirkland Lake Gold's official website?

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

How can I contact Kirkland Lake Gold?

The company can be reached via phone at 416-840-7884.

This page was last updated on 9/16/2021 by MarketBeat.com Staff

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