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How to buy Kirkland Lake Gold stock in Canada | $53.89
Own Kirkland Lake Gold shares in just a few minutes.
Kirkland Lake Gold is a gold business based in Canada. Kirkland Lake Gold stocks (KL.TO) are listed on the TO and all prices are listed in Canadian Dollars. Its last market close was C$48.2 – an increase of 2.57% over the previous week. Kirkland Lake Gold employs 0 staff and has a trailing 12-month revenue of around C$2.5 billion.
How to buy Kirkland Lake Gold stock in Canada
- Choose a platform. If you're a beginner, our stock trading table below can help you choose.
- Open your account. You'll need your ID, bank details and national insurance number.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: KL in this case.
- Research Kirkland Lake Gold stocks. The platform should provide the latest information available.
- Buy your Kirkland Lake Gold stocks. It's that simple.
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.
What's in this guide?
- Can I buy shares in Kirkland Lake Gold?
- Has coronavirus impacted Kirkland Lake Gold shares?
- Kirkland Lake Gold shares summary
- Compare share dealing platforms
- Is Kirkland Lake Gold stock a buy or sell?
- Kirkland Lake Gold performance over time
- Can I short Kirkland Lake Gold shares?
- Are Kirkland Lake Gold shares over-valued?
- Kirkland Lake Gold's financials
- How volatile are Kirkland Lake Gold shares?
- Does Kirkland Lake Gold pay a dividend?
- Have Kirkland Lake Gold shares ever split?
- Other common questions
How has Coronavirus impacted Kirkland Lake Gold's stock price?
Since the stock market crash in March caused by coronavirus, Kirkland Lake Gold's stock price has had significant positive movement.
Its last market close was C$53.89, which is 10.60% up on its pre-crash value of C$48.18 and 109.93% up on the lowest point reached during the March crash when the stocks fell as low as C$25.67.
If you had bought C$1,000 worth of Kirkland Lake Gold stocks at the start of February 2020, those stocks would have been worth C$745.52 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth C$999.66.
Kirkland Lake Gold stock priceUse our graph to track the performance of KL stocks over time.
Kirkland Lake Gold stocks at a glance
|Latest market close||C$53.89|
|52-week range||C$39.8769 - C$66.9838|
|50-day moving average||C$51.1447|
|200-day moving average||C$49.2157|
|Wall St. target price||C$65.36|
|Dividend yield||C$0.688 (1.29%)|
|Earnings per share (TTM)||C$3.919|
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Note: The dollar amounts in the table below are in Canadian dollars.
Kirkland Lake Gold price performance over time
|1 week (2021-09-16)||2.32%|
|1 month (2021-08-25)||11.39%|
|3 months (2021-06-25)||10.16%|
|6 months (2021-03-26)||28.10%|
|1 year (2020-09-25)||-17.09%|
|2 years (2019-09-25)||-14.57%|
|3 years (2018-09-25)||114.10%|
|5 years (2016-09-23)||429.98%|
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 14x. In other words, Kirkland Lake Gold stocks trade at around 14x recent earnings.
Kirkland Lake Gold's EBITDA
Kirkland Lake Gold's EBITDA (earnings before interest, taxes, depreciation and amortisation) is CADC$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||CADC$2.5 billion|
|Operating margin TTM||50.88%|
|Gross profit TTM||CADC$1.8 billion|
|Return on assets TTM||11.86%|
|Return on equity TTM||16.72%|
|Market capitalisation||CADC$14.3 billion|
TTM: trailing 12 months
How to short and sell Kirkland Lake Gold stocks
- Create a CFD or spread betting account.
- Search for the stock code. E.g. "KL.TO"
- Choose your position size.
- Select "sell" rather than "buy".
- Confirm your position and keep tabs on it. You may wish to set limits on your position.
There are currently 2.5 million Kirkland Lake Gold stocks held short by investors – that's known as Kirkland Lake Gold's "short interest". This figure is 29.5% up from 1.9 million last month.
There are a few different ways that this level of interest in shorting Kirkland Lake Gold stocks 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 stocks currently shorted divided by the average quantity of Kirkland Lake Gold stocks traded daily (recently around 867308.12720848). Kirkland Lake Gold's SIR currently stands at 2.83. In other words for every 100,000 Kirkland Lake Gold stocks traded daily on the market, roughly 2830 stocks are currently held short.
However Kirkland Lake Gold's short interest can also be evaluated against the total number of Kirkland Lake Gold stocks, or, against the total number of tradable Kirkland Lake Gold stocks (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 stocks (for every 100,000 Kirkland Lake Gold stocks in existence, roughly 10 stocks are currently held short) or 0.0092% of the tradable stocks (for every 100,000 tradable Kirkland Lake Gold stocks, roughly 9 stocks are currently held short).
Such a low SIR usually points to an optimistic outlook for the stock 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 stock dividends
Dividend payout ratio: 27.48% of net profits
Recently Kirkland Lake Gold has paid out, on average, around 27.48% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.76% 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 1.76% return on their shares, in the form of dividend payments. In Kirkland Lake Gold's case, that would currently equate to about C$0.688 per share.
While Kirkland Lake Gold's payout ratio might seem fairly standard, it's worth remembering that Kirkland Lake Gold may be investing much of the rest of its net profits in future growth.
Kirkland Lake Gold's most recent dividend payout was on 14 July 2021. The latest dividend was paid out to all shareholders who bought their stocks by 28 September 2021 (the "ex-dividend date").
Have Kirkland Lake Gold stocks ever split?
Kirkland Lake Gold stocks were split on a 475:1000 basis on 6 December 2016. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 475 shares. This wouldn't directly have changed the overall worth of your Kirkland Lake Gold stocks – just the quantity. However, indirectly, the new 110.5% higher stock price could have impacted the market appetite for Kirkland Lake Gold stocks which in turn could have impacted Kirkland Lake Gold's stock price.
Kirkland Lake Gold stock price volatility
Over the last 12 months, Kirkland Lake Gold's stocks have ranged in value from as little as C$39.8769 up to C$66.9838. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Kirkland Lake Gold's is 0.5395. This would suggest that Kirkland Lake Gold's stocks 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. Kirkland Lake Gold Ltd. is headquartered in Toronto, Canada.
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Kirkland Lake Gold in the news
Kirkland Lake Gold Ltd. (TSE:KL) Looks Interesting, And It's About To Pay A Dividend
KIRKLAND LAKE GOLD : DECLARES QUARTERLY DIVIDEND PAYMENT (Form 6-K)
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