Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Kirkland Lake Gold Ltd. (T:KL)

Business Focus: Gold Mining

Log in or join to add this stock to your watch list.
Sector:  Basic Materials Industry:  Gold
 
See Regulatory Filings on SEDAR
Company Contact
Address: 200 Bay Street, Suite 3120
TORONTO ON M5J 2J1
Tel: 1-4168-407884
Website: www.klgold.com
IR: See website
Key People
Jeffrey Scott Parr
Interim Chairman of the Board
Duncan King
Vice President - Mining (Kirkland Lake)
Anthony P. Makuch
President, Chief Executive Officer, Director
David S. G. Soares
Chief Financial Officer
Alasdair James Federico
Executive Vice President - Corporate Affairs and CSR
Eric A. Kallio
Senior Vice President - Exploration
John Landmark
Vice President of Human Resources
Jennifer Wagner
Vice President, Legal Counsel and Corporate Secretary
Brian John Hagan
Vice President - Health, Safety and Environment
Ian Holland
Vice President - Australian Operations
   
Business Overview
Kirkland Lake Gold Ltd, formerly Newmarket Gold Inc, is a Canada-based mid tier gold mining, development and exploration company. It has a diversified portfolio of assets located in the stable mining jurisdictions of Canada and Australia. The Company's main gold mines are: the Macassa Mine located in northeastern Ontario and the Fosterville Gold Mine located in the State of Victoria, Australia. In addition, the Company owns the Holt Mine and the Taylor Mine, which are situated along the Porcupine-Destor Fault Zone, in northeastern Ontario, the Cosmo Gold Mine located in the Northern Territory, Australia and the Stawell Gold Mine located in the State of Victoria, Australia. The Company's subsidiaries are: Crocodile Gold Inc and Franc-Or Resources Peru SA, among others.
Financial Overview
For the six months ended 30 June 2019, Kirkland Lake Gold Ltd revenues increased 42% to $586.2M. Net income increased 92% to $214.3M. Revenues reflect Fosterville segment increase of 95% to $351.4M, Macassa mine segment increase of 4% to $159.9M. Net income benefited from Fosterville segment income increase from $98.3M to $258.3M, Macassa mine segment income increase of 18% to $85.9M, Northern Territory segment loss decrease of 55% to $7.1M.
Employees: 1,729 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $12,300M as of Jun 30, 2019
Annual revenue (TTM): $1,449M as of Jun 30, 2019
EBITDA (TTM): $931.08M as of Jun 30, 2019
Net annual income (TTM): $501.17M as of Jun 30, 2019
Free cash flow (TTM): $349.07M as of Jun 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 210,188,008 as of Jul 31, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization