finder.com.au

How to buy Kirkland Lake Gold shares

Own Kirkland Lake Gold shares in just a few minutes.

Updated

Fact checked

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Kirkland Lake Gold Ltd is a gold business based in Australia. Kirkland Lake Gold shares (KLA) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Kirkland Lake Gold has a trailing 12-month revenue of around $1.9 billion.

How to buy shares in Kirkland Lake Gold

  1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
  3. Search for Kirkland Lake Gold . Find the share by name or ticker symbol: KLA. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Kirkland Lake Gold reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At today's price of $68, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
  6. Check in on your investment. Congratulations, you own a part of Kirkland Lake Gold . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

🧪How we chose these brokers

For our Top Picks, we compared our Finder partners using a proprietary algorithm in August 2020. Keep in mind that our top picks may not always be the best for you, and you're encouraged to compare for yourself to find one that works for you. Read our full methodology here to find out more.

What's in this guide?

  1. Kirkland Lake Gold key stats
  2. Compare share trading platforms
  3. Is Kirkland Lake Gold stock a buy or sell?
  4. Kirkland Lake Gold performance over time
  5. Are Kirkland Lake Gold shares over-valued?
  6. Kirkland Lake Gold 's financials
  7. How volatile are Kirkland Lake Gold shares?
  8. Does Kirkland Lake Gold pay a dividend?
  9. Other common questions

How has coronavirus impacted Kirkland Lake Gold 's share price?

Since the stock market crash in March caused by coronavirus, Kirkland Lake Gold 's share price has had significant positive movement.

Its last market close was $68, which is 22.03% up on its pre-crash value of $53.02 and 76.90% up on the lowest point reached during the March crash when the shares fell as low as $38.44.

If you had bought $1,000 worth of Kirkland Lake Gold shares at the start of February 2020, those shares would have been worth $757.49 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,107.72.

Kirkland Lake Gold share price

Use our graph to track the performance of KLA stocks over time.

Kirkland Lake Gold shares at a glance

Information last updated 2020-10-20.
52-week range$38.44 - $80.5
50-day moving average $70.2422
200-day moving average $65.0406
Target priceN/A
PE ratio 17.1834
Dividend yield $0.58 (0.83%)
Earnings per share (TTM) $2.926

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

  • Brokerage - AU shares: From AUD 5 or 0.05%
  • Brokerage - US shares: USD 0
  • Sign-up process: Instant
  • Support - After hours: Yes
Go to site
More info

Important: Share trading carries risk of capital loss.

Promoted

Compare share trading platforms

The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.
Data indicated here is updated regularly
Name Product Standard brokerage fee Inactivity fee Markets
IG Share Trading
Finder Award
IG Share Trading
AUD 8 or 0.1%
AUD 50 per quarter if you make fewer than three trades in that period
ASX shares, Global shares, Forex, CFDs, Margin trading
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, forex and CFDs, plus get access to 24-hour customer support.
Go to site
More Info
Bell Direct Share Trading
Finder Award
Bell Direct Share Trading
AUD 15 or 0.1%
No
ASX shares, mFunds
Invest in Australian shares, options and managed funds from the one account with no inactivity fee.
Bell Direct offers a one-second placement guarantee on market-to-limit ASX orders or your trade is free, plus enjoy extensive free research reports from top financial experts.
Go to site
More Info
Superhero share trading
Superhero share trading
AUD 5
No
ASX shares
Pay zero brokerage on all Australian ETFs.
Trade ASX stocks with a flat $5 commission fee and a low minimum investment of just $100.
Go to site
More Info
CMC Markets Stockbroking
Finder Award
CMC Markets Stockbroking
AUD 11 or 0.1%
No
ASX shares, Global shares, Forex, CFDs, Margin trading, Options trading, mFunds
$0 brokerage on global shares including US, UK and Japan markets.
Trade up to 9,000 products, including shares, managed funds, forex, commodities and cryptocurrencies, plus access up to 15 major global and Australian stock exchanges.
Go to site
More Info
ANZ Share Investing
ANZ Share Investing
AUD 19.95
No
ASX shares, Global shares, Options trading, mFunds, ETFs, Warrants
Earn 1 Qantas Point per AU$3 spent on brokerage fees on certain instruments.
Access Morningstar reports, company announcements and and live pricing via ANZ’s share investing platform. Available for desktop and mobile.
More Info
Westpac Online Investing Account
Westpac Online Investing Account
AUD 19.95 or 0.11%
AUD 63.50 per year on the global markets account
ASX shares, Global shares, Options trading, US shares
More Info
loading

Compare up to 4 providers

Is it a good time to buy Kirkland Lake Gold stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Kirkland Lake Gold Ltd by TradingView

Kirkland Lake Gold price performance over time

Historical closes compared with the close of A$68 on 2020-10-22

1 week (2021-01-07) 21.26%
1 month (2020-12-17) 21.43%
3 months (2020-10-16) -4.28%
6 months (2020-07-17) 7.22%
1 year (2020-01-16) 4.13%
2 years (2019-01-16) 81.82%
3 years (2018-01-16) 191.85%
5 years (2016-01-13) N/A

Is Kirkland Lake Gold under- or over-valued?

Valuing Kirkland Lake Gold stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Kirkland Lake Gold 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Kirkland Lake Gold 's P/E ratio

Kirkland Lake Gold 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 17x. In other words, Kirkland Lake Gold shares trade at around 17x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Kirkland Lake Gold 's EBITDA

Kirkland Lake Gold 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.3 billion (£0.0 million).

The EBITDA is a measure of a Kirkland Lake Gold 's overall financial performance and is widely used to measure a its profitability.

Kirkland Lake Gold financials

Revenue TTM $1.9 billion
Operating margin TTM 56.29%
Gross profit TTM $1.1 billion
Return on assets TTM 16.14%
Return on equity TTM 22.43%
Profit margin 36.22%
Book value 17.248
Market capitalisation $18.9 billion

TTM: trailing 12 months

Kirkland Lake Gold share dividends

9%

Dividend payout ratio: 9.31% of net profits

Recently Kirkland Lake Gold has paid out, on average, around 9.31% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.83% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Kirkland Lake Gold shareholders could enjoy a 0.83% return on their shares, in the form of dividend payments. In Kirkland Lake Gold 's case, that would currently equate to about A$0.58 per share.

While Kirkland Lake Gold 's payout ratio might seem low, this can signify that Kirkland Lake Gold is investing more in its future growth.

The latest dividend was paid out to all shareholders who bought their shares by 29 September 2020 (the "ex-dividend date").

Kirkland Lake Gold share price volatility

Over the last 12 months, Kirkland Lake Gold 's shares have ranged in value from as little as $38.44 up to $80.5. A popular way to gauge a stock's volatility is its "beta".

KLA.AU volatility(beta: 0.94)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Kirkland Lake Gold 's is 0.9356. This would suggest that Kirkland Lake Gold 's shares are less volatile than average (for this exchange).

Kirkland Lake Gold overview

Kirkland Lake Gold Ltd. engages in the acquisition, exploration, development, and operation of gold properties. The company's principal properties include the Fosterville Mine located in the State of Victoria, Australia; and Macassa Mine situated in the Municipality of Kirkland Lake, Ontario, Canada. It has a strategic alliance agreement with Newmont Corporation to assess regional exploration opportunities around Newmont's Timmins properties and the company's Holt Complex in Ontario, Canada. The company was formerly known as Newmarket Gold Inc. and changed its name to Kirkland Lake Gold Ltd. in December 2016. Kirkland Lake Gold Ltd. is headquartered in Toronto, Canada.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs comes with a higher risk of losing money rapidly due to leverage. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More guides on Finder

Ask an Expert

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site