Kirkland Lake Gold Ltd trades with the ticker KL on the TSX and is in the Gold industry.
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. As of February 8, 2022, Kirkland Lake Gold Ltd. operates as a subsidiary of Agnico Eagle Mines Limited.
Looking to invest in Kirkland Lake Gold Ltd? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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KL.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $13108.378MM
PE Ratio: 11.76
Price: #N/A (Updated: 3/12/2024 0:47:16)
Kirkland Lake Gold Ltd (KL) vs Competitors in Gold
Lets see how KL.TO stacks up against others in the Gold asset management industry. We have identified its main peers as:Barrick Gold Corporation, Agnico Eagle Mines Limited, Alamos Gold Inc, Galiano Gold Inc, Alio Gold Inc
.Gold Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Barrick Gold Corporation (ABX) | $37,376.086 | 21.948 | 7.456 | 2.6% |
| Agnico Eagle Mines Limited (AEM) | $37,307.372 | 14.049 | 9.752 | 2.9% |
| Alamos Gold Inc (AGI) | $7,157.749 | 25.408 | 14.058 | 0.8% |
| Galiano Gold Inc (AKG) | $353.306 | N/A | 0.0 | 0.0% |
| Alio Gold Inc (ALO) | $168.547 | N/A | 0.0 | 0.0% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Gold
- Kirkland Lake Gold Ltd (KL) vs Barrick Gold Corporation (ABX)
- KL has higher EPS (4.227 vs 0.97). ABX has higher dividend yield (2.6% vs 1.9%). ABX has a higher P/E ratio (21.948 vs 11.76) indicating it’s more expensive.
- Kirkland Lake Gold Ltd (KL) vs Agnico Eagle Mines Limited (AEM)
- AEM has higher EPS (5.34 vs 4.227). AEM has higher dividend yield (2.9% vs 1.9%). AEM has a higher P/E ratio (14.049 vs 11.76) indicating it’s more expensive.
- Kirkland Lake Gold Ltd (KL) vs Alamos Gold Inc (AGI)
- KL has higher EPS (4.227 vs 0.71). KL has higher dividend yield (1.9% vs 0.8%). AGI has a higher P/E ratio (25.408 vs 11.76) indicating it’s more expensive.
- Kirkland Lake Gold Ltd (KL) vs Galiano Gold Inc (AKG)
- KL has higher EPS (4.227 vs -0.003). KL has higher dividend yield (1.9% vs 0.0%). AKG has a P/E under 0, indicating KL (P/E 11.76) is in a better position.
- Kirkland Lake Gold Ltd (KL) vs Alio Gold Inc (ALO)
- KL has higher EPS (4.227 vs -0.274). KL has higher dividend yield (1.9% vs 0.0%). ALO has a P/E under 0, indicating KL (P/E 11.76) is in a better position.
Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (11.76) than the industry average (25.02), indicating potential undervaluation. Features a lower EV/EBITDA ratio (7.12) than the industry average (49.88), indicating attractive valuation.
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