How to buy Kirkland Lake Gold (KL) stocks

Learn how to buy Kirkland Lake Gold stock in 6 easy steps.

Kirkland Lake Gold is a gold business based in Canada. Kirkland Lake Gold shares (KL) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian Dollars.

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How to buy Kirkland Lake Gold stock

  1. Choose a stock trading platform. Compare investment platforms.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – KL. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

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Note: The dollar amounts in the table below are in Canadian dollars.

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Kirkland Lake Gold stock price (Toronto Stock Exchange (TSX): KL)

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

Kirkland Lake Gold stocks at a glance

Information last updated 2023-08-26.
52-week rangeC$0.00 - C$0.00
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

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.

Is Kirkland Lake Gold stock undervalued or overvalued?

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 Capitalization C$13.1 billion
EBITDA C$1.8 billion

TTM: trailing 12 months

Kirkland Lake Gold stock dividends

39%

Dividend payout ratio: 38.59% of net profits

Recently Kirkland Lake Gold has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% 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 0% 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 13 January 2022. The latest dividend was paid out to all shareholders who bought their stocks by 29 December 2021 (the "ex-dividend date").

Have Kirkland Lake Gold's stocks ever split?

Kirkland Lake Gold's stocks were split on a 1415:2979 basis on 5 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 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$0 up to C$0. 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 stocks 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 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.

Frequently asked questions

What percentage of Kirkland Lake Gold is owned by insiders or institutions?
Currently 0.053% of Kirkland Lake Gold stocks are held by insiders and 63.825% 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
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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