Kirkland Lake Gold Ltd. engages in the acquisition, production, and operation of gold properties. More Details
Excellent balance sheet and fair value.
Share Price & News
How has Kirkland Lake Gold's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KL is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: KL's weekly volatility (4%) has been stable over the past year.
7 Day Return
CA Metals and Mining
1 Year Return
CA Metals and Mining
Return vs Industry: KL underperformed the Canadian Metals and Mining industry which returned 27.9% over the past year.
Return vs Market: KL underperformed the Canadian Market which returned 37.2% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Kirkland Lake Gold's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StDid Kirkland Lake Gold Ltd. (TSE:KL) Insiders Buy Up More Shares?
1 month ago | Simply Wall StWe Take A Look At Why Kirkland Lake Gold Ltd.'s (TSE:KL) CEO Compensation Is Well Earned
2 months ago | Simply Wall StI Built A List Of Growing Companies And Kirkland Lake Gold (TSE:KL) Made The Cut
Is Kirkland Lake Gold undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KL (CA$52.43) is trading below our estimate of fair value (CA$119.86)
Significantly Below Fair Value: KL is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KL's PE Ratio (15.8x) is in line with the Canadian Metals and Mining industry average.
PE vs Market: KL is poor value based on its PE Ratio (15.8x) compared to the Canadian market (15.2x).
Price to Earnings Growth Ratio
PEG Ratio: KL is poor value based on its PEG Ratio (1.9x)
Price to Book Ratio
PB vs Industry: KL is good value based on its PB Ratio (2.2x) compared to the CA Metals and Mining industry average (3x).
How is Kirkland Lake Gold forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KL's forecast earnings growth (8.1% per year) is above the savings rate (1.5%).
Earnings vs Market: KL's earnings (8.1% per year) are forecast to grow slower than the Canadian market (13.5% per year).
High Growth Earnings: KL's earnings are forecast to grow, but not significantly.
Revenue vs Market: KL's revenue (3.9% per year) is forecast to grow slower than the Canadian market (5.7% per year).
High Growth Revenue: KL's revenue (3.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: KL's Return on Equity is forecast to be low in 3 years time (15.6%).
How has Kirkland Lake Gold performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KL has high quality earnings.
Growing Profit Margin: KL's current net profit margins (30.4%) are lower than last year (40.1%).
Past Earnings Growth Analysis
Earnings Trend: KL's earnings have grown significantly by 51.6% per year over the past 5 years.
Accelerating Growth: KL's earnings growth over the past year (14.3%) is below its 5-year average (51.6% per year).
Earnings vs Industry: KL earnings growth over the past year (14.3%) underperformed the Metals and Mining industry 214.7%.
Return on Equity
High ROE: KL's Return on Equity (14.6%) is considered low.
How is Kirkland Lake Gold's financial position?
Financial Position Analysis
Short Term Liabilities: KL's short term assets ($1.0B) exceed its short term liabilities ($453.8M).
Long Term Liabilities: KL's short term assets ($1.0B) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: KL is debt free.
Reducing Debt: KL has no debt compared to 5 years ago when its debt to equity ratio was 20.3%.
Debt Coverage: KL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: KL has no debt, therefore coverage of interest payments is not a concern.
What is Kirkland Lake Gold current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: KL's dividend (1.74%) is higher than the bottom 25% of dividend payers in the Canadian market (1.53%).
High Dividend: KL's dividend (1.74%) is low compared to the top 25% of dividend payers in the Canadian market (4.45%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, KL has been paying a dividend for less than 10 years.
Growing Dividend: KL's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (22.9%), KL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KL's dividends in 3 years are forecast to be well covered by earnings (19.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tony Makuch (62 yo)
Mr. Anthony Paul Makuch, also known as Tony, B.Sc., M.Sc., M.B.A., P.Eng., has been the Chief Executive Officer, President and Director of Kirkland Lake Gold Ltd. since November 30, 2016. Mr. Makuch had be...
CEO Compensation Analysis
Compensation vs Market: Tony's total compensation ($USD5.46M) is about average for companies of similar size in the Canadian market ($USD6.56M).
Compensation vs Earnings: Tony's compensation has increased by more than 20% in the past year.
Experienced Management: KL's management team is considered experienced (2.8 years average tenure).
Experienced Board: KL's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KL insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kirkland Lake Gold Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Kirkland Lake Gold Ltd.
- Ticker: KL
- Exchange: TSX
- Founded: NaN
- Industry: Gold
- Sector: Materials
- Market Cap: CA$13.942b
- Shares outstanding: 267.08m
- Website: https://www.klgold.com
Number of Employees
- Kirkland Lake Gold Ltd.
- Royal Bank Plaza
- Suite 2800
- M5J 2J1
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 Mac...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/06/15 07:16|
|End of Day Share Price||2021/06/14 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.