Kirkland Lake Gold Ltd. (NYSE:KL) went up by 2.47% from its latest closing price compared to the recent 1-year high of $57.69. The company’s stock price has collected 3.66% of gains in the last five trading sessions. Press Release reported on 06/07/21 that Kirkland Lake Gold Renews Normal Course Issuer Bid
Is It Worth Investing in Kirkland Lake Gold Ltd. (NYSE :KL) Right Now?
Kirkland Lake Gold Ltd. (NYSE:KL) scored a price-to-earnings ratio above its average ratio, recording 15.08 x from its present earnings ratio. Opinions of the stock are interesting as 3 analysts out of 5 who provided ratings for Kirkland Lake Gold Ltd. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $43.75. KL currently public float of 266.90M and currently shorts hold a 0.77% ratio of that float. Today, the average trading volume of KL was 1.81M shares.
KL’s Market Performance
KL stocks went up by 3.66% for the week, with a monthly jump of 5.63% and a quarterly performance of 26.67%, while its annual performance rate touched 11.48%. The volatility ratio for the week stands at 1.79% while the volatility levels for the past 30 days are set at 2.39% for Kirkland Lake Gold Ltd.. The simple moving average for the period of the last 20 days is 2.03% for KL stocks with a simple moving average of 4.38% for the last 200 days.
KL Trading at 10.65% from the 50-Day Moving Average
After a stumble in the market that brought KL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.92% of loss for the given period.
Volatility was left at 2.39%, however, over the last 30 days, the volatility rate increased by 1.79%, as shares surge +7.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +37.67% upper at present.
During the last 5 trading sessions, KL rose by +3.66%, which changed the moving average for the period of 200-days by -16.02% in comparison to the 20-day moving average, which settled at $43.17. In addition, Kirkland Lake Gold Ltd. saw 6.35% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for KL
Current profitability levels for the company are sitting at:
- +51.94 for the present operating margin
- +56.48 for the gross margin
The net margin for Kirkland Lake Gold Ltd. stands at +32.02. The total capital return value is set at 38.57, while invested capital returns managed to touch 23.84.
Based on Kirkland Lake Gold Ltd. (KL), the company’s capital structure generated 0.51 points at debt to equity in total, while total debt to capital is 0.51. Total debt to assets is 0.37, with long-term debt to equity ratio resting at 0.38. Finally, the long-term debt to capital ratio is 0.38.
When we switch over and look at the enterprise to sales, we see a ratio of 4.01, with the company’s debt to enterprise value settled at 0.00. The receivables turnover for the company is 96.20 and the total asset turnover is 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.95.