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Kirkland Lake Gold Ltd. T.KGI


Primary Symbol: T.KL

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.


TSX:KL - Post by User

Bullboard Posts
Comment by PeterHHon Oct 13, 2018 2:07pm
91 Views
Post# 28794890

RE:Use PEG Ratio as Best Gauge to show How Undervalued

RE:Use PEG Ratio as Best Gauge to show How UndervaluedJIN,

Great stat but I believe you mixed up USD and CAD in your calculation.   I would also use the $0.76 EPS figure from 2017 as it was the number for continuing operations (the $0.64 included a loss from discontinued operations). 

So your EPS estimate for 2018 of $1.17 is in USD but you use the CAD stock price.  You should be using the USD stock price, which today is $21.14.

Thus, $1.17 USD EPS to $21.14 gives a PE of 18.

The YoY earnings growth is 55.2% ($1.18 / $0.76)

The PEG ratio is 0.32 (18 / 55.2).  These are incredible numbers.  The most important item is this is going to keep going big time.

2016 EPS  $0.35
2017 EPS  $0.76 
2018 EPS ~$1.18 (PE 18)
2019 EPS ~$ 1.83 (assuming they keep up this type of growth - 2019 PE would be 11.5)

This is incredible.

Bullboard Posts