How to buy Kirkland Lake Gold stock

Kirkland Lake Gold Ltd is a gold business based in the US. Kirkland Lake Gold shares (KL) are listed on the NYSE and all prices are listed in US Dollars.

Kirkland Lake Gold share price

Use our graph to track the performance of KL stocks over time.

Kirkland Lake Gold shares at a glance

• Key figures

Information last updated 2021-04-30.

52-week range	$31.72 - $56.96
50-day moving average	$35.69
200-day moving average	$39.89
Wall St. target price	N/A
PE ratio	12.8993
Dividend yield	$0.562 (1.48%)
Earnings per share (TTM)	$2.91

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Is it a good time to buy Kirkland Lake Gold stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Kirkland Lake Gold Ltd by TradingView

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Kirkland Lake Gold under- or over-valued?

Valuing Kirkland Lake Gold stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Kirkland Lake Gold's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Kirkland Lake Gold's P/E ratio

Kirkland Lake Gold's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 13x. In other words, Kirkland Lake Gold shares trade at around 13x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Kirkland Lake Gold's EBITDA

Kirkland Lake Gold's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.7 billion.

The EBITDA is a measure of a Kirkland Lake Gold's overall financial performance and is widely used to measure a its profitability.

Kirkland Lake Gold financials

Revenue TTM	$2.5 billion
Operating margin TTM	52.81%
Gross profit TTM	$1.8 billion
Return on assets TTM	16.85%
Return on equity TTM	22.83%
Profit margin	32.02%
Book value	$18.97
Market capitalisation	$9.9 billion

TTM: trailing 12 months

Shorting Kirkland Lake Gold shares

There are currently 2.1 million Kirkland Lake Gold shares held short by investors – that's known as Kirkland Lake Gold's "short interest". This figure is 19.8% down from 2.6 million last month.

There are a few different ways that this level of interest in shorting Kirkland Lake Gold shares can be evaluated.

Kirkland Lake Gold's "short interest ratio" (SIR)

Kirkland Lake Gold's "short interest ratio" (SIR) is the quantity of Kirkland Lake Gold shares currently shorted divided by the average quantity of Kirkland Lake Gold shares traded daily (recently around 2.0 million). Kirkland Lake Gold's SIR currently stands at 1.05. In other words for every 100,000 Kirkland Lake Gold shares traded daily on the market, roughly 1050 shares are currently held short.

However Kirkland Lake Gold's short interest can also be evaluated against the total number of Kirkland Lake Gold shares, or, against the total number of tradable Kirkland Lake Gold shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Kirkland Lake Gold's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Kirkland Lake Gold shares in existence, roughly 10 shares are currently held short) or 0% of the tradable shares (for every 100,000 tradable Kirkland Lake Gold shares, roughly 0 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Kirkland Lake Gold.

Find out more about how you can short Kirkland Lake Gold stock.

Kirkland Lake Gold share dividends

Dividend payout ratio: 18.49% of net profits

Recently Kirkland Lake Gold has paid out, on average, around 18.49% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.98% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Kirkland Lake Gold shareholders could enjoy a 1.98% return on their shares, in the form of dividend payments. In Kirkland Lake Gold's case, that would currently equate to about $0.562 per share.

While Kirkland Lake Gold's payout ratio might seem low, this can signify that Kirkland Lake Gold is investing more in its future growth.

Kirkland Lake Gold's most recent dividend payout was on 13 April 2021. The latest dividend was paid out to all shareholders who bought their shares by 29 March 2021 (the "ex-dividend date").

Kirkland Lake Gold share price volatility

Over the last 12 months, Kirkland Lake Gold's shares have ranged in value from as little as $31.721 up to $56.9645. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Kirkland Lake Gold's is 0.546. This would suggest that Kirkland Lake Gold's shares are less volatile than average (for this exchange).

Kirkland Lake Gold overview

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.

Frequently asked questions

• What percentage of Kirkland Lake Gold is owned by insiders or institutions?

  Currently 4.052% of Kirkland Lake Gold shares are held by insiders and 62.894% by institutions.

• When does the fiscal year end for Kirkland Lake Gold?

  Kirkland Lake Gold's fiscal year ends in December.

• Where is Kirkland Lake Gold based?

  Kirkland Lake Gold's address is: Royal Bank Plaza, Toronto, ON, Canada, M5J 2J1

• What is Kirkland Lake Gold's ISIN number?

  Kirkland Lake Gold's international securities identification number is: CA49741E1007

• What is Kirkland Lake Gold's CUSIP number?

  Kirkland Lake Gold's Committee on Uniform Securities Identification Procedures number is: 49740P106