TSE:KL
65.29
0.96
(1.45%)
Kirkland Lake Gold
KL-T
Analysis and Opinions about KL-T
Signal
Opinion
Expert
TOP PICK
TOP PICK
September 11, 2020
$20B market cap that operates in N Ontario and California. A very big free cash flow yield. Earnings, sales are both up nicely. They are undertaking a new drilling program that could potentially offer high grade underground deposits. A potential 10-17% upside. (Analysts’ price target is $79.82)
Show full opinionHide full opinion
$20B market cap that operates in N Ontario and California. A very big free cash flow yield. Earnings, sales are both up nicely. They are undertaking a new drilling program that could potentially offer high grade underground deposits. A potential 10-17% upside. (Analysts’ price target is $79.82)
HOLD
HOLD
August 14, 2020
He still owns it. They have been buying back some shares. He values their leverage on the ground. They have high quality mines. He continues to use an asset allocation model and he has bought some more this year. Nothing has changed fundamentally and the company is in a better position even.
Show full opinionHide full opinionHe still owns it. They have been buying back some shares. He values their leverage on the ground. They have high quality mines. He continues to use an asset allocation model and he has bought some more this year. Nothing has changed fundamentally and the company is in a better position even.
HOLD
HOLD
August 13, 2020
Views the golds as a trade, not a 10-year hold. This one is doing well. Their margins are expanding. So still some upside movement, but we're running out of momentum. If you hold it, hang on.
Show full opinionHide full opinionViews the golds as a trade, not a 10-year hold. This one is doing well. Their margins are expanding. So still some upside movement, but we're running out of momentum. If you hold it, hang on.
TOP PICK
TOP PICK
July 6, 2020
They are hands down the best gold company in the world. They have no debt and low cost of production, which is growing. They are a nice size position for him. (Analysts’ price target is $66.70)
Show full opinionHide full opinionThey are hands down the best gold company in the world. They have no debt and low cost of production, which is growing. They are a nice size position for him. (Analysts’ price target is $66.70)
PAST TOP PICK
PAST TOP PICK
July 2, 2020
(A Top Pick Jun 27/19, Up 2%) Their Australian mine was their gem. The detour mine acquisition – people on the street felt they overpaid. But now it looks like it is starting to accelerate again and gold has a tail wind behind it. It could do well going forward.
Show full opinionHide full opinion(A Top Pick Jun 27/19, Up 2%) Their Australian mine was their gem. The detour mine acquisition – people on the street felt they overpaid. But now it looks like it is starting to accelerate again and gold has a tail wind behind it. It could do well going forward.
HOLD
HOLD
June 29, 2020
They have excellent mines and grades. Gold should continue doing well for some time. It has good prospects.
Show full opinionHide full opinionThey have excellent mines and grades. Gold should continue doing well for some time. It has good prospects.
BUY
BUY
June 19, 2020
There were forced lows from a massive liquidation from parity funds. The trend has been up, up, up and he still sees a lot of upside.
Show full opinionHide full opinionThere were forced lows from a massive liquidation from parity funds. The trend has been up, up, up and he still sees a lot of upside.
BUY
BUY
June 3, 2020
He thinks gold will likely go higher. NMC is one of the largest miners in Canada. He has been favoring KL for his clients as well.
He thinks gold will likely go higher. NMC is one of the largest miners in Canada. He has been favoring KL for his clients as well.
PAST TOP PICK
PAST TOP PICK
April 24, 2020
(A Top Pick Apr 29/19, Up 40%) Their production of 40-60 grams per tonne in Australia, is multiples higher than most. They are seeing improving results in their Northern Ontario mining operations as well. He is very bullish on gold going forward.
Show full opinionHide full opinion(A Top Pick Apr 29/19, Up 40%) Their production of 40-60 grams per tonne in Australia, is multiples higher than most. They are seeing improving results in their Northern Ontario mining operations as well. He is very bullish on gold going forward.
PAST TOP PICK
PAST TOP PICK
March 27, 2020
(A Top Pick Mar 15/19, Down 1%) He was taking profit on the way up. They recently merged with another producer and has since shut that mine due to COVID-19. He still has it as a buy with a $53 target.
Show full opinionHide full opinion(A Top Pick Mar 15/19, Down 1%) He was taking profit on the way up. They recently merged with another producer and has since shut that mine due to COVID-19. He still has it as a buy with a $53 target.
HOLD
HOLD
March 13, 2020
They closed on an acquisition in November. The open pit, above ground operation they bought is not being well received and they have also had to take a reserve write-down on their existing mines. If you own it, keep holding it. She is not a buyer or gold stocks -- she prefers to own a royalty company instead.
Show full opinionHide full opinionThey closed on an acquisition in November. The open pit, above ground operation they bought is not being well received and they have also had to take a reserve write-down on their existing mines. If you own it, keep holding it. She is not a buyer or gold stocks -- she prefers to own a royalty company instead.
COMMENT
COMMENT
March 11, 2020
Gold? He likes gold as a safe haven. He thinks it could head to $2000 per oz, especially if interest rates continue to fall. He prefers owning the GLD ETF -- why take unforseen operational risk? He also holds Kirkland Lake.
Gold? He likes gold as a safe haven. He thinks it could head to $2000 per oz, especially if interest rates continue to fall. He prefers owning the GLD ETF -- why take unforseen operational risk? He also holds Kirkland Lake.
HOLD
HOLD
March 2, 2020
Did problems with their Fosterville mine prompt Kl to buy Detour Gold? Yes, there's speculation about those reserves. Detour shareholders complain they didn't get paid enough while KL shareholders object to the low quality of Detour mines. He believes bigger companies are better--they're more liquid with lower cost of capital in a capital-intense business. KL will go through some rocky times until the market adjusts to the new reality of KI. !2-18 months from now, will be forgiven and KL will be a darling again.
Did problems with their Fosterville mine prompt Kl to buy Detour Gold? Yes, there's speculation about those reserves. Detour shareholders complain they didn't get paid enough while KL shareholders object to the low quality of Detour mines. He believes bigger companies are better--they're more liquid with lower cost of capital in a capital-intense business. KL will go through some rocky times until the market adjusts to the new reality of KI. !2-18 months from now, will be forgiven and KL will be a darling again.
HOLD
HOLD
February 21, 2020
It's sold off recently and they lowered their target to hold. However, he's held it for a long time. He likes it for the leverage to earnings. Financially, the leverage is good going forward. Price appreciation and the price of gold has created opportunity. It is a core position. They also pay a dividend. Every time they sell-off, management has done a good job to bring back value. (Analysts’ price target is $55.00)
Show full opinionHide full opinionIt's sold off recently and they lowered their target to hold. However, he's held it for a long time. He likes it for the leverage to earnings. Financially, the leverage is good going forward. Price appreciation and the price of gold has created opportunity. It is a core position. They also pay a dividend. Every time they sell-off, management has done a good job to bring back value. (Analysts’ price target is $55.00)
DON'T BUY
DON'T BUY
February 20, 2020
We just finished seasonality on Gold. We had a rising trend line that broke in 2019. He is not sure that this is the opportunity even though we are in the period of seasonal strength.
Show full opinionHide full opinionWe just finished seasonality on Gold. We had a rising trend line that broke in 2019. He is not sure that this is the opportunity even though we are in the period of seasonal strength.
Kirkland Lake Gold(KL-T) Rating
Ranking : 5 out of 5
Bullish - Buy Signals / Votes : 11
Neutral - Hold Signals / Votes : 7
Bearish - Sell Signals / Votes : 2
Total Signals / Votes : 20
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, 20 stock analysts published opinions about KL-T. 11 analysts recommended to BUY the stock. 2 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 Robert McWhirter on 2020-09-11. 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?
20 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 2020-09-22, Kirkland Lake Gold (KL-T) stock closed at a price of $65.29.
