Kirkland Lake Gold

KL-T

Analysis and Opinions about KL-T

Signal
Opinion
Expert
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)
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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)
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.
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(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.
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They 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.
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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.
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.

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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.
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(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.
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(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.
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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.
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.

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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.

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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)
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Kirkland Lake Gold (KL-T)
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)
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.
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Kirkland Lake Gold (KL-T)
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.
BUY
BUY
February 10, 2020
Does the deal with Detour Gold make this attractive now? It was the top performing gold stock in recent years, but investors are disappointed with this deal. The deal makes sense, though. This initial sell-off creates an opportunity. KL is more reasonably valued now. Gold will continue to rise, but the stronger USD needs to weaken for gold and commodities to take off.
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Kirkland Lake Gold (KL-T)
February 10, 2020
Does the deal with Detour Gold make this attractive now? It was the top performing gold stock in recent years, but investors are disappointed with this deal. The deal makes sense, though. This initial sell-off creates an opportunity. KL is more reasonably valued now. Gold will continue to rise, but the stronger USD needs to weaken for gold and commodities to take off.
PAST TOP PICK
PAST TOP PICK
January 23, 2020

(A Top Pick Mar 15/19, Up 26%) Merger with Detour Gold is creating a better entity. Longer streamed production, better leverage on the balance sheet. It will be 10% of his portfolio.

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Kirkland Lake Gold (KL-T)
January 23, 2020

(A Top Pick Mar 15/19, Up 26%) Merger with Detour Gold is creating a better entity. Longer streamed production, better leverage on the balance sheet. It will be 10% of his portfolio.

PAST TOP PICK
PAST TOP PICK
January 20, 2020

(A Top Pick Jan 21/19, Up 61%) They dropped 17% in November on the announcement of DGC-T. He will continue to hold them.

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Kirkland Lake Gold (KL-T)
January 20, 2020

(A Top Pick Jan 21/19, Up 61%) They dropped 17% in November on the announcement of DGC-T. He will continue to hold them.

Showing 1 to 15 of 113 entries

Kirkland Lake Gold(KL-T) Rating

Ranking : 5 out of 5

Bullish - Buy Signals / Votes : 12

Neutral - Hold Signals / Votes : 5

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 19

Stockchase rating for Kirkland Lake Gold is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

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, 19 stock analysts published opinions about KL-T. 12 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 Jason Del Vicario on 2020-07-06. 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?

19 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 2020-07-08, Kirkland Lake Gold (KL-T) stock closed at a price of $64.23.