Kirkland Lake Gold (KL) Stock Price, News & Analysis

Company Overview

Kirkland Lake Gold Ltd. engages in the mining, development, and exploration of gold properties. The firms projects include Holt Mine, Macassa Mine, and Detour Lake Mine. The company was founded on June 29, 1983 and is headquartered in Toronto, Canada.

Key Stats

• Today's Range: $38.38 to $39.52
• 50-Day Range: $36.49 to $42.75
• 52-Week Range: $31.72 to $46.98
• Volume: 2.33 million shs
• Average Volume: 1.78 million shs
• Market Capitalization: $10.26 billion
• P/E Ratio: 11.76
• Dividend Yield: 1.93%
• Price Target: N/A
• Consensus Rating: N/A

Kirkland Lake Gold Stock Analysis - MarketRank™

Kirkland Lake Gold scored higher than 6% of companies evaluated by MarketBeat, and ranked 187th out of 193 stocks in the basic materials sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Kirkland Lake Gold.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: -2.11%

Earnings Growth

Earnings for Kirkland Lake Gold are expected to decrease by -2.11% in the coming year, from $3.31 to $3.24 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Kirkland Lake Gold is 11.76, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 113.18.

Price to Earnings Ratio vs. Sector

The P/E ratio of Kirkland Lake Gold is 11.76, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 110.09.

Price to Earnings Growth Ratio

Kirkland Lake Gold has a PEG Ratio of 3.93. 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 2.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for KL.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Kirkland Lake Gold pays a meaningful dividend of 1.93%, 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 22.66%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Kirkland Lake Gold will have a dividend payout ratio of 23.15% next year. This indicates that Kirkland Lake Gold will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -3.83

Short Interest

There is no current short interest data available for KL.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Kirkland Lake Gold this week, compared to 0 articles on an average week.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Kirkland Lake Gold insiders have not sold or bought any company stock.

Percentage Held by Institutions

51.38% of the stock of Kirkland Lake Gold is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

KL Stock Analysis - Frequently Asked Questions

How were Kirkland Lake Gold's earnings last quarter?

Kirkland Lake Gold Ltd. (NYSE:KL) announced its quarterly earnings data on Wednesday, November, 3rd. The company reported $0.91 EPS for the quarter, beating analysts' consensus estimates of $0.81 by $0.10. The company's quarterly revenue was up 5.4% compared to the same quarter last year.

What other stocks do shareholders of Kirkland Lake Gold own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Kirkland Lake Gold investors own include NVIDIA (NVDA), Meta Platforms (META), Barrick Gold (GOLD), Tesla (TSLA), Alibaba Group (BABA), Advanced Micro Devices (AMD) and Block (SQ).

Company Calendar

• Last Earnings: 11/03/2021
• Today: 12/24/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Basic Materials
• Industry: Gold & Silver Ores
• Sub-Industry: N/A
• Current Symbol: NYSE:KL
• CUSIP: N/A
• CIK: 1713443
• Web: www.klgold.com
• Phone: (416) 840-7884
• Fax: N/A
• Employees: 2,878
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $3.31
• Trailing P/E Ratio: 11.76
• Forward P/E Ratio: 11.76
• P/E Growth: 3.93
• Net Income: $787.71 million
• Net Margins: 34.70%
• Pretax Margin: 48.74%
• Return on Equity: 17.70%
• Return on Assets: 12.88%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.04
• Quick Ratio: 2.52

Sales & Book Value

• Annual Sales: $2.46 billion
• Price / Sales: 4.17
• Cash Flow: $4.98 per share
• Price / Cash Flow: 7.81
• Book Value: $19.04 per share
• Price / Book: 2.04

Miscellaneous

• Outstanding Shares: 263,711,000
• Free Float: N/A
• Market Cap: $10.26 billion
• Optionable: Optionable
• Beta: 0.70