TSE:KL
43.34
0.67
(1.57%)
Kirkland Lake Gold
KL-T
Analysis and Opinions about KL-T
Signal
Opinion
Expert
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 opinion
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)
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
DON'T BUY
DON'T BUY
February 8, 2021
They bought DGC-T and OSK-T mining in the last couple of years. You are at the mercy of the commodity. It depends what your outlook on the gold price is. He thinks we are not there yet and is not looking at gold companies. He looks to other spaces, but this is a good company if you are looking for a gold miner.
They bought DGC-T and OSK-T mining in the last couple of years. You are at the mercy of the commodity. It depends what your outlook on the gold price is. He thinks we are not there yet and is not looking at gold companies. He looks to other spaces, but this is a good company if you are looking for a gold miner.
BUY WEAKNESS
BUY WEAKNESS
February 5, 2021
It is an example of a good company to buy and to sit tight on it. One of the ultimate vehicle to catch the wave. Management is doing a good job and it is a bargain right now. One of the best companies in the space.
Show full opinionHide full opinionIt is an example of a good company to buy and to sit tight on it. One of the ultimate vehicle to catch the wave. Management is doing a good job and it is a bargain right now. One of the best companies in the space.
BUY
BUY
February 1, 2021
He lightened on golds last August, including this one. There was some disappointment with recent Foster results. Suddenly Detour's looking like a decent asset. This company is probably the most prominent growth seniors out there and he would probably take it again.
He lightened on golds last August, including this one. There was some disappointment with recent Foster results. Suddenly Detour's looking like a decent asset. This company is probably the most prominent growth seniors out there and he would probably take it again.
TOP PICK
TOP PICK
January 26, 2021
Good free cash flow growth. Carries no debt, which is crazy for a gold company. They operate in safe territories. They've been buying back shares. They have a profitable mine in Australia, but will be coming to an end. So, how do they pivot to fill this gap? Super managers. He recently added to his shares. (Analysts’ price target is $77.44)
Show full opinionHide full opinionGood free cash flow growth. Carries no debt, which is crazy for a gold company. They operate in safe territories. They've been buying back shares. They have a profitable mine in Australia, but will be coming to an end. So, how do they pivot to fill this gap? Super managers. He recently added to his shares. (Analysts’ price target is $77.44)
DON'T BUY
DON'T BUY
January 6, 2021
Gold is not a big focus for him. Asset is pretty good. Company is solid. This isn't the seasonal period for gold. Bitcoin is stealing lustre from the gold sector. More stimulus could be another leg to the gold trade. No sustained thesis for putting money in.
Show full opinionHide full opinionGold is not a big focus for him. Asset is pretty good. Company is solid. This isn't the seasonal period for gold. Bitcoin is stealing lustre from the gold sector. More stimulus could be another leg to the gold trade. No sustained thesis for putting money in.
BUY
BUY
December 17, 2020
If central banks continue to print money, bodes well for hard assets. Gold is trending higher again, a hedge against inflation. Jury is still out, as we don't have runaway inflation. He isn't saying there will be, but there is a risk. Fed is willing to let inflation run hot. Don't have all your money in gold, but a percentage in gold or the precious metals (miners) does make sense. He owns Kirkland Lake and Pan American Silver. These two are the top miners based on his metrics.
If central banks continue to print money, bodes well for hard assets. Gold is trending higher again, a hedge against inflation. Jury is still out, as we don't have runaway inflation. He isn't saying there will be, but there is a risk. Fed is willing to let inflation run hot. Don't have all your money in gold, but a percentage in gold or the precious metals (miners) does make sense. He owns Kirkland Lake and Pan American Silver. These two are the top miners based on his metrics.
BUY
BUY
December 15, 2020
While US stimulus was happening this year, the mood was to must-buy gold. And so, all good stocks rose. But the vaccine roll-out is happening faster than expected, so that's now pressuring gold. KL stock has fallen back to support levels, so it's okay as long as gold holds at $1,800/ounce. KL is making alot of money. KL is one of his four gold holdings. It's managed well, and is investing it well in mines. If you want to buy gold, this is it.
Show full opinionHide full opinionWhile US stimulus was happening this year, the mood was to must-buy gold. And so, all good stocks rose. But the vaccine roll-out is happening faster than expected, so that's now pressuring gold. KL stock has fallen back to support levels, so it's okay as long as gold holds at $1,800/ounce. KL is making alot of money. KL is one of his four gold holdings. It's managed well, and is investing it well in mines. If you want to buy gold, this is it.
WAIT
WAIT
November 18, 2020
Looks as though it's heading lower. His downside target is $50. When it got there in June, had a nice rebound. Hang on, and add at those levels. In 2021, US deficit is going to be something else, and Fed will have to bail them out. More stimulus is good for gold.
Show full opinionHide full opinionLooks as though it's heading lower. His downside target is $50. When it got there in June, had a nice rebound. Hang on, and add at those levels. In 2021, US deficit is going to be something else, and Fed will have to bail them out. More stimulus is good for gold.
BUY WEAKNESS
BUY WEAKNESS
November 18, 2020
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Q3 reports and the break in their technical levels did not help the stock. However, growth is expected and at these levels it is cheap. It also holds a lot of cash and management is skilled. Unlock Premium - Try 5i Free
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Q3 reports and the break in their technical levels did not help the stock. However, growth is expected and at these levels it is cheap. It also holds a lot of cash and management is skilled. Unlock Premium - Try 5i Free
BUY
BUY
November 13, 2020
One of the only sectors they do not trade because of the difficulty to model for them. In a world where central banks are stimulating like crazy, it is understandable to want gold. Currency devaluation is a real risk. It scores well under their metrics. A value stock. High return on equity, at 24%, 14x earnings and good balance sheet. Their resource life is shorter than others but they have made acquisitions.
Show full opinionHide full opinionOne of the only sectors they do not trade because of the difficulty to model for them. In a world where central banks are stimulating like crazy, it is understandable to want gold. Currency devaluation is a real risk. It scores well under their metrics. A value stock. High return on equity, at 24%, 14x earnings and good balance sheet. Their resource life is shorter than others but they have made acquisitions.
BUY
BUY
November 12, 2020
She doesn't own any gold. This is a good, low cost producer. Global. Where it will be a year from now is predicated on price of gold. Trading at a more attractive valuation than some of the others. If you want exposure to gold, it's a good candidate.
Show full opinionHide full opinionShe doesn't own any gold. This is a good, low cost producer. Global. Where it will be a year from now is predicated on price of gold. Trading at a more attractive valuation than some of the others. If you want exposure to gold, it's a good candidate.
Kirkland Lake Gold(KL-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 15
Neutral - Hold Signals / Votes : 6
Bearish - Sell Signals / Votes : 3
Total Signals / Votes : 24
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, 24 stock analysts published opinions about KL-T. 15 analysts recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is 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 Stockchase Research on 2021-02-25. 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?
24 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 2021-03-05, Kirkland Lake Gold (KL-T) stock closed at a price of $43.34.
