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How to buy Kirkland Lake Gold stock | $40.61

Own Kirkland Lake Gold stock in just a few minutes.

Fact checked

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 employs 1,981 staff and has a trailing 12-month revenue of around USD$2.2 billion.

How to buy shares in Kirkland Lake Gold

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Kirkland Lake Gold. Find the stock by name or ticker symbol: KL. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Kirkland Lake Gold reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$40.61, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Kirkland Lake Gold, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Kirkland Lake Gold. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Kirkland Lake Gold share price

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

Kirkland Lake Gold shares at a glance

Information last updated 2020-12-26.
Latest market closeUSD$40.61
52-week rangeUSD$17.8506 - USD$57.5419
50-day moving average USD$41.8553
200-day moving average USD$46.3776
Wall St. target priceN/A
PE ratio 14.8217
Dividend yield USD$0.75 (1.79%)
Earnings per share (TTM) USD$2.833

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

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.

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.

Kirkland Lake Gold price performance over time

Historical closes compared with the close of $40.61 from 2021-01-11

1 week (2021-01-13) -0.27%
1 month (2020-12-21) -1.96%
3 months (2020-10-21) -15.47%
6 months (2020-07-21) -15.62%
1 year (2020-01-21) -7.03%
2 years (2019-01-19) N/A
3 years (2018-01-19) 154.93%
5 years (2016-01-21) 4,132.85%

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 15x. In other words, Kirkland Lake Gold shares trade at around 15x 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 USD$1.5 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 USD$2.2 billion
Operating margin TTM 53.75%
Gross profit TTM USD$1.1 billion
Return on assets TTM 16.14%
Return on equity TTM 22.1%
Profit margin 33.21%
Book value $18.057
Market capitalisation USD$11.4 billion

TTM: trailing 12 months

Shorting Kirkland Lake Gold shares

There are currently 2.6 million Kirkland Lake Gold shares held short by investors – that's known as Kirkland Lake Gold's "short interest". This figure is 21.4% down from 3.3 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 1.31. In other words for every 100,000 Kirkland Lake Gold shares traded daily on the market, roughly 1310 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

17%

Dividend payout ratio: 17.15% of net profits

Recently Kirkland Lake Gold has paid out, on average, around 17.15% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.79% 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 1.79% return on their shares, in the form of dividend payments. In Kirkland Lake Gold's case, that would currently equate to about $0.75 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 14 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 30 December 2020 (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 $17.8506 up to $57.5419. A popular way to gauge a stock's volatility is its "beta".

KL.US volatility(beta: 0.65)Avg. volatility(beta: 1.00)LowHigh

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 0.6543. 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, exploration, development, and operation of gold properties. The company's principal properties include the Fosterville Mine located in the State of Victoria, Australia; and Macassa Mine situated in the Municipality of Kirkland Lake, Ontario, Canada. It has a strategic alliance agreement with Newmont Corporation to assess regional exploration opportunities around Newmont's Timmins properties and the company's Holt Complex in Ontario, Canada. 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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