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How to buy Kirkland Lake Gold (KL) stocks

Kirkland Lake Gold stock has moved 2.07% from yesterday's closing price. Learn how to easily invest in Kirkland Lake Gold stock.

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$48.7 – the same closing value as a week prior. Kirkland Lake Gold employs 0 staff and has a trailing 12-month revenue of around C$2.6 billion.

How to buy stocks in Kirkland Lake Gold

  1. Compare stock trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – KL – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of stocks with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Kirkland Lake Gold stock price (TO:KL)

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

Kirkland Lake Gold shares at a glance

Information last updated 2022-03-08.
Latest market closeC$49.71
52-week rangeC$45.73 - C$57.91
50-day moving average C$50.45
200-day moving average C$51.47
Wall St. target priceC$66.71
PE ratio 11.7601
Dividend yield C$0.75 (1.93%)
Earnings per share (TTM) C$4.23

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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.

Kirkland Lake Gold price performance over time

Historical closes compared with the close of C$49.71 from 2022-02-09

1 week (2022-06-14) N/A
1 month (2022-05-21) N/A
3 months (2022-03-21) N/A
6 months (2021-12-24) -5.44%
1 year (2021-06-25) 1.61%
2 years (2020-06-25) -6.47%
3 years (2019-06-25) 56.43
5 years (2017-06-23) 334.53%

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 12x. In other words, Kirkland Lake Gold shares trade at around 12x recent earnings.

Kirkland Lake Gold's EBITDA

Kirkland Lake Gold's EBITDA (earnings before interest, taxes, depreciation and amortisation) is C$1.8 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 C$2.6 billion
Operating margin TTM 51.07%
Gross profit TTM C$1.8 billion
Return on assets TTM 11.66%
Return on equity TTM 17.37%
Profit margin 34.7%
Book value C$20.23
Market capitalisation C$13.1 billion

TTM: trailing 12 months

Kirkland Lake Gold share dividends

39%

Dividend payout ratio: 38.59% of net profits

Recently Kirkland Lake Gold has paid out, on average, around 38.59% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 1.93% 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 1.93% return on their shares, in the form of dividend payments. In Kirkland Lake Gold's case, that would currently equate to about C$0.75 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 January 2022. The latest dividend was paid out to all shareholders who bought their shares by 30 December 2021 (the "ex-dividend date").

Have Kirkland Lake Gold's shares ever split?

Kirkland Lake Gold's shares were split on a 1415:2979 basis on 6 December 2016. So if you had owned 2979 shares the day before before the split, the next day you'd have owned 1415 shares. This wouldn't directly have changed the overall worth of your Kirkland Lake Gold shares – just the quantity. However, indirectly, the new 110.5% higher share price could have impacted the market appetite for Kirkland Lake Gold shares which in turn could have impacted Kirkland Lake Gold's share price.

Kirkland Lake Gold share price volatility

Over the last 12 months, Kirkland Lake Gold's shares have ranged in value from as little as C$45.73 up to C$57.9125. A popular way to gauge a stock's volatility is its "beta".

KL.TO volatility(beta: 0.53)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (TO average) beta is 1, while Kirkland Lake Gold's is 0.5278. 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.

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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