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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

Post by PulpCutteron Sep 02, 2021 10:14am
309 Views
Post# 33800262

You can buy KL for the dividends and share buybacks. KL is

You can buy KL for the dividends and share buybacks. KL is

more like stocks used to be: you owned them because you got better returns than you could get from the bank.  Today, we sometimes buy shares because we think we can sell them for more to some bigger fool, later.

KL's enterprise value/annual AISC margin is just under 7.  And, as far as I can tell, it should continue to improve.  That strong operating cash flow is the source that can provide dividends and buybacks.

All IMO. I am not an investment professional, and this is not investing advice. Do your own due diligence.

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