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MarketScreener Homepage  >  Equities  >  Toronto Stock Exchange  >  Kirkland Lake Gold Ltd.    KL   CA49741E1007

KIRKLAND LAKE GOLD LTD.

(KL)
  Report
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SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Kirkland Lake Gold Ltd. : Underpinned by a support level

10/23/2020 | 04:03am EST
10/23/2020 | 04:03am EST
long trade
Stop-loss triggered
Entry price : 61.86CAD | Target : 73.5CAD | Stop-loss : 58.5CAD | Potential : 18.82%
The recent downward movement has sent Kirkland Lake Gold Ltd. shares back to attractive levels situated around 61.23 CAD. This zone could put an end to the downward movement and offers a good timing for new long positions.
Investors have an opportunity to buy the stock and target the CAD 73.5.
Kirkland Lake Gold Ltd. : Kirkland Lake Gold Ltd. : Underpinned by a support level
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

Strengths
  • Graphically speaking, the timing seems perfect for purchasing the stock close to the CAD 61.23 support.
  • According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
  • Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • Sales forecast by analysts have been recently revised upwards.
  • Over the last twelve months, the sales forecast has been frequently revised upwards.
  • For the last week, the earnings per share forecast has been revised upwards. According to recent estimates, analysts give a positive overview of the stock
  • For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
  • The stock is in a well-established, long-term rising trend above the technical support level at 48.45 CAD

Weaknesses
  • Financial statements have repeatedly disappointed market stakeholders. Most often, they were below expectations.
  • The company's enterprise value to sales, at 4.81 times its current sales, is high.
  • The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.

© Zonebourse.com 2020

Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials
Sales 2020 3 226 M 2 481 M 2 481 M
Net income 2020 1 118 M 860 M 860 M
Net cash 2020 1 362 M 1 047 M 1 047 M
P/E ratio 2020 13,1x
Yield 2020 1,21%
Capitalization 14 250 M 10 947 M 10 960 M
EV / Sales 2020 4,00x
EV / Sales 2021 2,89x
Nbr of Employees -
Free-Float 96,0%
Upcoming event on KIRKLAND LAKE GOLD LTD.
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 12
Average target price 83,25 CAD
Last Close Price 52,20 CAD
Spread / Highest target 91,6%
Spread / Average Target 59,5%
Spread / Lowest Target 34,1%
EPS Revisions
Managers
NameTitle
Anthony P. Makuch President, Chief Executive Officer & Director
Jeffrey Scott Parr Chairman
David Soares Chief Financial Officer
Natasha Vaz Senior VP-Technical Services & Innovation
Arnold Klassen Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
KIRKLAND LAKE GOLD LTD.-10.06%10 947
NEWMONT CORPORATION32.98%46 597
BARRICK GOLD CORPORATION23.55%41 323
POLYUS110.58%26 755
WHEATON PRECIOUS METALS CORP.33.75%17 838
NEWCREST MINING LIMITED-11.07%16 123