Kirkland Lake Gold Ltd. Common Shares (KL): Price and Financial Metrics


Kirkland Lake Gold Ltd. Common Shares (KL)

Today's Latest Price: $48.00 USD

0.58 (-1.19%)

Updated Sep 25 12:18pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 30 in Miners - Gold

See all "A" rated Strong Buy stocks

KL Stock Summary

  • With a one year PEG ratio of 0.16, Kirkland Lake Gold Ltd is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than merely 3.89% of US stocks.
  • With a year-over-year growth in debt of -60.3%, Kirkland Lake Gold Ltd's debt growth rate surpasses only 4.22% of about US stocks.
  • Over the past twelve months, KL has reported earnings growth of 336.5%, putting it ahead of 95.6% of US stocks in our set.
  • If you're looking for stocks that are quantitatively similar to Kirkland Lake Gold Ltd, a group of peers worth examining would be JNPR, IPGP, ALKS, MRCY, and INSM.
  • KL's SEC filings can be seen here. And to visit Kirkland Lake Gold Ltd's official web site, go to www.klgold.com.
KL Daily Price Range
KL 52-Week Price Range

KL Stock Price Chart Technical Analysis Charts


KL Price/Volume Stats

Current price $48.00 52-week high $57.69
Prev. close $48.58 52-week low $18.02
Day low $47.31 Volume 723,333
Day high $48.23 Avg. volume 2,162,663
50-day MA $51.44 Dividend yield 1.03%
200-day MA $41.80 Market Cap 13.20B

Kirkland Lake Gold Ltd. Common Shares (KL) Company Bio


Kirkland Lake Gold Ltd. engages in the exploration and development of gold properties. The company owns and operates five underground gold mines, including the Macassa mine, the Holt mine, and the Taylor mine in Ontario, Canada; and the Fosterville Mine in Victoria and the Cosmo Mine in Northern Territory, Australia, as well as four milling facilities in Canada and Australia. The company was founded in 1983 and is based in Toronto, Canada.

KL Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$48.00$230.63 375%

Below please find a table outlining a discounted cash flow forecast for KL, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Kirkland Lake Gold Ltd ranked in the 74th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. As for the metrics that stood out in our discounted cash flow analysis of Kirkland Lake Gold Ltd, consider:

  • The stock's equity weight, or the proportion of capital from equity relative to debt, is 100. Notably, its equity weight is greater than 98.91% of US equities in the Basic Materials sector yielding a positive free cash flow.
  • The business' balance sheet reveals debt to be 0% of the company's capital (with equity being the remaining amount). Approximately merely 2.14% of US stocks with free cash flow have a lower reliance on debt in their capital structure.
  • KL's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 2%; for context, that number is higher than 58.79% of tickers in our DCF set.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%365%
1%370%
2%375%
3%379%
4%384%
5%389%

SID, UFPI, PATK, BCC, and NUE can be thought of as valuation peers to KL, in the sense that they are in the Basic Materials sector and have a similar price forecast based on DCF valuation.


KL Latest News Stream


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Latest KL News From Around the Web

Below are the latest news stories about Kirkland Lake Gold Ltd that investors may wish to consider to help them evaluate KL as an investment opportunity.

Conquest Closes Over Subscribed $3,110,000 Subscription Receipt Financing and $1,300,000 Strategic Investment by Kirkland Lake Gold

Toronto, Ontario--(Newsfile Corp. - September 16, 2020) - Conquest Resources Limited (TSXV: CQR) ("Conquest" or the "Company") is pleased to announce that it has closed its previously announced non-brokered subscription receipt financing to raise gross proceeds of $3,110,000 (the "Non-Brokered Financing"), and a separate concurrent subscription receipt financing with Kirkland Lake Gold Ltd. (TSX: KL) (NYSE: KL) (ASX: KLA) to raise gross proceeds of $1,300,000 (the "KL Financing").John Kearney, Chairman of Conquest stated, "We ...

Yahoo | September 16, 2020

Scotts Miracle-Gro Issues Fiscal 2020 Update on Strong Demand

For fiscal 2020, Scotts Miracle-Gro (SMG) now projects adjusted EPS to be around $7.25 compared with previous guidance of $6.65-$6.85.

Yahoo | September 16, 2020

Wallbridge Enters into Term Sheet with Kirkland Lake Gold on Joint Venture of the Detour East Property

Company to Focus on Expanding Fenelon Gold System Figure 1 Regional Map of Wallbridge’s Land Package on the Detour-Fenelon Gold TrendTORONTO, Sept. 14, 2020 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM) (“Wallbridge” or the “Company”) today announced that it has entered into a non-binding term sheet (the “Term Sheet”) with respect to a joint venture of its Detour East gold property (“Detour East” or the “Property”) with Kirkland Lake Gold Ltd. (TSX:KL) (“Kirkland”). Under terms of this joint venture, Kirkland can earn a 75% interest in Detour East by making expenditures totalling $35 million on the Property, as described below. “This Term Sheet, and ultimate joint venture agreement, is strategic for Wallbridge as it allows the Company to focus on fully-defining the siz...

Yahoo | September 15, 2020

IBD Stock Of The Day: Gold Stock Agnico Eagle Breaks Out On Fed Hopes

Agnico Eagle Mines is the IBD Stock Of The Day, as the Canadian gold stock hit a buy zone ahead of this week's potentially pivotal Federal Reserve meeting.

Yahoo | September 14, 2020

3 Gold Stocks to Buy Right Now

For investors willing to broaden their investing horizons -- or to increase their existing exposure -- there are several opportunities which are worthy options this month: Barrick Gold (NYSE: GOLD), Kirkland Lake (NYSE: KL), and the VanEck Vectors Gold Miners ETF (NYSEMKT: GDX). While Barrick Gold, the second-largest publicly traded gold mining company by market cap, gained popularity last month when news broke that Berkshire Hathaway had built a position in the company totaling nearly $564 million, it's hardly the only reason why Barrick is a lustrous opportunity right now.

Yahoo | September 8, 2020

Read More 'KL' Stories Here

KL Price Returns

1-mo -9.09%
3-mo 24.37%
6-mo 51.12%
1-year 2.24%
3-year 279.82%
5-year 2,009.20%
YTD 9.70%
2019 69.61%
2018 70.63%
2017 191.95%
2016 153.88%
2015 N/A

KL Dividends

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Continue Researching KL

Want to see what other sources are saying about Kirkland Lake Gold Ltd's financials and stock price? Try the links below:

Kirkland Lake Gold Ltd (KL) Stock Price | Nasdaq
Kirkland Lake Gold Ltd (KL) Stock Quote, History and News - Yahoo Finance
Kirkland Lake Gold Ltd (KL) Stock Price and Basic Information | MarketWatch


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