Kirkland Lake Gold is in the metals and mining industry and is in the basic materials sector. The company CEO is Anthony Makuch. Kirkland Lake Gold is a Canada-based gold producer. The company operates in one segment consisting of a mining and milling operation. The principal product from the mining operations of the company is the sale of gold dore bars.



Previous Intraday Performance:

The KL shares had a previous change of -0.77% which opened at 34.92 and closed at 34.90. It moved to an intraday high of 35.02 and a low of 34.23.

SeekingAlpha:  Kirkland Lake Gold Ltd. (KL) CEO Tony Makuch on Q1 2019 Results – Earnings Call Transcript

Historical Performance:

Over the last five trading days, KL shares returned 3.99% and in the past 30 trading days it returned 12.54%. Over three months, it changed 7.38%. In one year it has changed 83.04% and within that year its 52-week high was 36.74 and its 52-week low was 17.26. KL stock is 102.20% above its 52 Week Low.

Our calculations result in a 200 day moving average of 25.71 and a 50 day moving average of 32.60. Right now, KL stock is trading 35.74% above its 200 day moving average.

SeekingAlpha:  Best Drill Interceptions In The Metals Mining Sector For The Week Ended May 5, 2019

Liquidity:

The company has a market cap of $7.3b with 209.9m shares outstanding and a float of 209.9m shares. Trading volume was 1,277,751 shares and has experienced an average volume of 1,313,700 shares. Our calculation, using the current average volume and close price, leads me to believe that the liquidity is good.

Earnings:

The last annual reported EPS for Kirkland Lake Gold was 0 which ended on 31st of December 2018. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.55. The trailing twelve month EPS is 1.35, which comes to a trailing twelve month PE of 25.85.

The dividend per share is currently 0.12, which is a dividend yield of 0.34%. Also, the payout ratio is 8.81%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 21.00, which means it might overvalued by -66.22%

The next earnings report will be: 06-17-2019



The long-term trend of the EPS is an important number as it indicates the present value of Kirkland Lake Gold; the EPS growth rate, as it is typically called, is usually expressed as a percentage, which at this time is hard to estimate, but revenue growth has been 35.80% over the last twelve months.

Indicators Also to Watch:

Based on the latest filings, there is 72.40% of institutional ownership. Short-interest was 2,521,416, which was 1.20% of shares outstanding. The short-interest ratio or days-to-cover ratio was 1.75. This stock has some short interest, but it might be normal and no need to worry if long the position.

I calculated the beta to be -0.38

SeekingAlpha:  Kirkland Lake Gold Ltd. 2019 Q1 – Results – Earnings Call Slides

Fundamental Numbers:

Based on last reported financials, the company’s return on equity is 27.07%, return on assets is 20.37%, profit margin is 32.68%, price-to-sales is 5.28 and price-to-book is 5.36.

Company Score Card:

Results are out of six:
 0  : Growth Expectations Result
 6  : Financial Safety Result
 6  : Past Performance Result
 0  : Valuation Result
 0  : Dividend Safety Result
 3  : Overall Result

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Jake McWilliams
I am an independent trader, analyst and algorithmic trading expert, having worked both for the sell side (brokerage) and the buy side (fund administration). I have been trading professionally for about 20 years. I trade stocks and forex and I play both long and short positions in underlying asset or through options. I have experience with discretionary and fully automated systems (Metatrader and Quantshare).

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