TSE:KL
52.54
0.13
(0.25%)
Analysis and Opinions about KL-T
Signal
Opinion
Expert
Chart
PAST TOP PICK
PAST TOP PICK
(A Top Pick Sep 11/20, Down 25%) Has extremely high amounts of gold in Australia. They bought Detour Gold in Canada which added lots of inventory. Price target of $80. Gold has come off its highs.
DON'T BUY
DON'T BUY
August 13, 2021
Hesitant to hold any commodities. The price of gold has moved up but there is a lot of volatility. It is difficult to set prices. It is at the market's whim. It could be a boom time but we never know when the bust will occur. Would prefer Franco-Nevada for the royalty model.
Show full opinionHide full opinion
Hesitant to hold any commodities. The price of gold has moved up but there is a lot of volatility. It is difficult to set prices. It is at the market's whim. It could be a boom time but we never know when the bust will occur. Would prefer Franco-Nevada for the royalty model.
BUY
BUY
July 6, 2021
A core intermediate gold producer. They own the largest Canadian gold mine and have a reputation for running high-grade mines like Fosterville in Australia. Their Detour acquisition was meant to stabilize their production base. He believes in management. It's about generating strong free cash flow to fund their new shaft, the Macassa Mine, which is on schedule and offsetting production loss from Fosterville through 2023. KL produces 1.4 million ounces per year. It has a solid balance sheet, but is getting over near-term issues from owning the largest Canadian mine. His go-to company in gold.
A core intermediate gold producer. They own the largest Canadian gold mine and have a reputation for running high-grade mines like Fosterville in Australia. Their Detour acquisition was meant to stabilize their production base. He believes in management. It's about generating strong free cash flow to fund their new shaft, the Macassa Mine, which is on schedule and offsetting production loss from Fosterville through 2023. KL produces 1.4 million ounces per year. It has a solid balance sheet, but is getting over near-term issues from owning the largest Canadian mine. His go-to company in gold.
PAST TOP PICK
PAST TOP PICK
June 1, 2021
(A Top Pick Jul 06/20, Up 4%) It's an asset-heavy business which won't fare as well in inflationary times that we are entering. He prefers asset-lite companies and in this space prefers royalty plays like Franco-Nevada. But KL is the best-run gold company out there, with fine managers. His position is smaller now. KL does hold a 7-8% free cash flow yield vs. 2-3% among its peers.
(A Top Pick Jul 06/20, Up 4%) It's an asset-heavy business which won't fare as well in inflationary times that we are entering. He prefers asset-lite companies and in this space prefers royalty plays like Franco-Nevada. But KL is the best-run gold company out there, with fine managers. His position is smaller now. KL does hold a 7-8% free cash flow yield vs. 2-3% among its peers.
STRONG BUY
STRONG BUY
April 29, 2021
A core holding. Gold should be much higher a year from now, so this will be higher. An amazing story. Beautiful entry point. When the storm hits, this will be an amazing lifeboat and move much higher. Happy to hold and wait. Started a dividend. When gold goes up, there will be increasing revenue, value of reserves, and increasing dividend. Price target of $70.
Show full opinionHide full opinionA core holding. Gold should be much higher a year from now, so this will be higher. An amazing story. Beautiful entry point. When the storm hits, this will be an amazing lifeboat and move much higher. Happy to hold and wait. Started a dividend. When gold goes up, there will be increasing revenue, value of reserves, and increasing dividend. Price target of $70.
COMMENT
COMMENT
April 26, 2021
They have a great history of allocating capital efficiency. The market is concerned that gold prices have peaked. It is discounting lower gold prices in the future. If we see rates move lower again, we could see the gold price move back and it would get this stock moving.
Show full opinionHide full opinionThey have a great history of allocating capital efficiency. The market is concerned that gold prices have peaked. It is discounting lower gold prices in the future. If we see rates move lower again, we could see the gold price move back and it would get this stock moving.
WEAK BUY
WEAK BUY
April 21, 2021
Inflation expectations are building. Though the relation between inflation and gold is questionable, people favour hard assets with retention of value. Some exposure to gold is good, usually around 2-3%. KL's purchase of Detour Gold was brilliant. Well managed, but he prefers companies with many different projects.
Inflation expectations are building. Though the relation between inflation and gold is questionable, people favour hard assets with retention of value. Some exposure to gold is good, usually around 2-3%. KL's purchase of Detour Gold was brilliant. Well managed, but he prefers companies with many different projects.
BUY
BUY
April 19, 2021
KL-T vs. ABX-T. He would prefer KL-T as it has been hit so hard. You are getting the cash and the good balance sheet.
KL-T vs. ABX-T. He would prefer KL-T as it has been hit so hard. You are getting the cash and the good balance sheet.
BUY
BUY
April 9, 2021
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. At 12x earnings, it is very cheap. A good risk-reward play. The dividend is growing fast and good growth is expected at 17% EPS growth for this year. 1B in cash and a very strong balance sheet. It has better margins than AEM. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. At 12x earnings, it is very cheap. A good risk-reward play. The dividend is growing fast and good growth is expected at 17% EPS growth for this year. 1B in cash and a very strong balance sheet. It has better margins than AEM. Unlock Premium - Try 5i Free
BUY
BUY
March 26, 2021
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The sector has been weak and the company is very cheap. The balance sheet is very strong and production is set to increase. There is a lot of flexibility for the company if it decides to make acquisitions. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The sector has been weak and the company is very cheap. The balance sheet is very strong and production is set to increase. There is a lot of flexibility for the company if it decides to make acquisitions. Unlock Premium - Try 5i Free
WAIT
WAIT
March 18, 2021
Suffering because of the maladies of the sector as a whole. Good growth. He's underweight gold. Problem for gold is the USD. Rising US dollar is a real headwind for gold. Gold has also suffered from interest in crypto currencies. Exceptional valuation.
Show full opinionHide full opinionSuffering because of the maladies of the sector as a whole. Good growth. He's underweight gold. Problem for gold is the USD. Rising US dollar is a real headwind for gold. Gold has also suffered from interest in crypto currencies. Exceptional valuation.
TOP PICK
TOP PICK
February 25, 2021
Stockchase Research Editor: Michael O'Reilly KL just reported record levels for production, revenue, and earnings -- all while avoiding pandemic related delays. It trades 15x earnings, compared to its peers at 23x. They have repurchased over $700 million of its stock and boosted dividends twice last year. The dividend is reaching attractive levels and is backed by a payout ratio of about 20% of cash flow. We would buy this with a stop-loss at $32, looking to achieve an initial target of $56 -- over 25% short term upside potential. Yield 1.71% (Analysts’ price target is $76.83)
Show full opinionHide full opinionStockchase Research Editor: Michael O'Reilly KL just reported record levels for production, revenue, and earnings -- all while avoiding pandemic related delays. It trades 15x earnings, compared to its peers at 23x. They have repurchased over $700 million of its stock and boosted dividends twice last year. The dividend is reaching attractive levels and is backed by a payout ratio of about 20% of cash flow. We would buy this with a stop-loss at $32, looking to achieve an initial target of $56 -- over 25% short term upside potential. Yield 1.71% (Analysts’ price target is $76.83)
COMMENT
COMMENT
February 22, 2021
The commodity price will be the number one driver. It was a strong performer a year or more ago on their Australian assets. However grades started coming down. The market did not like their acquisition. It has been in the penalty box a little bit. It's coming out of it.
Show full opinionHide full opinionThe commodity price will be the number one driver. It was a strong performer a year or more ago on their Australian assets. However grades started coming down. The market did not like their acquisition. It has been in the penalty box a little bit. It's coming out of it.
HOLD
HOLD
February 17, 2021
Gold mining has been disappointing. He likes KL. Great mine, producers, operators, and cashflow. Detour acquisition raised eyebrows, and so it's underperformed. Stick with it. Lower US dollar means lower gold. Long-term, it will perform well for you.
BUY
BUY
February 10, 2021
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Very cheap and the dividend is growing fast. Growth is expected to be good and it has $800M in cash. The sector has been weak recently. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Very cheap and the dividend is growing fast. Growth is expected to be good and it has $800M in cash. The sector has been weak recently. Unlock Premium - Try 5i Free
Kirkland Lake Gold(KL-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 18
Neutral - Hold Signals / Votes : 1
Bearish - Sell Signals / Votes : 4
Total Signals / Votes : 23
Kirkland Lake Gold(KL-T) Frequently Asked Questions
What is Kirkland Lake Gold stock symbol?
Kirkland Lake Gold is a Canadian stock, trading under the symbol KL-T on the Toronto Stock Exchange (KL-CT). It is usually referred to as TSX:KL or KL-T
Is Kirkland Lake Gold a buy or a sell?
In the last year, 23 stock analysts published opinions about KL-T. 18 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is PAST TOP PICK. Read the latest stock experts' ratings for Kirkland Lake Gold.
Is Kirkland Lake Gold a good investment or a top pick?
Kirkland Lake Gold was recommended as a Top Pick by Robert McWhirter on 2021-09-03. Read the latest stock experts ratings for Kirkland Lake Gold.
Why is Kirkland Lake Gold stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Kirkland Lake Gold worth watching?
23 stock analysts on Stockchase covered Kirkland Lake Gold In the last year. It is a trending stock that is worth watching.
What is Kirkland Lake Gold stock price?
On 2021-09-17, Kirkland Lake Gold (KL-T) stock closed at a price of $52.54.
(A Top Pick Sep 11/20, Down 25%) Has extremely high amounts of gold in Australia. They bought Detour Gold in Canada which added lots of inventory. Price target of $80. Gold has come off its highs.