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Kirkland Lake Gold Ltd. (T:KL)

Business Focus: Gold Mining

Sector:  Basic Materials Industry:  Gold
See Regulatory Filings on SEDAR
Company Contact
Address: 200 Bay Street, Suite 3120
Tel: 1-4168-407884
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 nine months ended 30 September 2019, Kirkland Lake Gold Ltd revenues increased 52% to $967.6M. Net income increased from $167.4M to $390.9M. Revenues reflect Fosterville segment increase from $297.3M to $600.4M, Macassa mine segment increase of 15% to $252.6M. Net income benefited from Fosterville segment income increase from $169.1M to $457.9M, Macassa mine segment income increase of 35% to $136M.
Employees: 1,729 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $11,436M as of Sep 30, 2019
Annual revenue (TTM): $1,646M as of Sep 30, 2019
EBITDA (TTM): $1,129M as of Sep 30, 2019
Net annual income (TTM): $656.28M as of Sep 30, 2019
Free cash flow (TTM): $515.45M as of Sep 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 209,624,480 as of Dec 19, 2019
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization