Kirkland Lake Gold Ltd.

Kirkland Lake Gold Ltd.

Kirkland Lake Gold Ltd.

Overview
Date Founded

2015

Headquarters

Royal Bank Plaza, South Tower,200 Bay Street,Suite 3120,Toronto, ON M5J 2J1

Type of Company

Public

Employees (Worldwide)

2,250

Industries

Non-Energy Mining & Minerals
Metal Manufacturing & Products

Company Description

Kirkland Lake Gold Ltd. engages in mining, development, and exploration of gold properties. It operates through the following projects: Holt Mine, Macassa Mine, and Taylor Mine. The company was founded on July 10, 2015 and is headquartered in Toronto, Canada.

Website
In The News
The Globe and Mail (Canada)
July 19, 2018
EYE ON EQUITIES
News Bites Canadian Markets
July 16, 2018
Metals & mining sector tumbles 89.9 points
News Bites Canadian Markets
July 16, 2018
Bullish Signals: Rises in the baggers
Executives & Employees

President & Chief Executive Officer

Executive Vice President & Chief Financial Officer

Executive Vice President, Corporate Affairs & CSR

Corporate Legal Counsel

Vice President, Exploration-Australia

Vice President, Canadian Operations

Vice President, Exploration-Canada

Vice President, Business Intelligence

Vice President of Health, Safety & Risk

Vice President, Australian Operations

Board of Directors

Founder at Sprott, Inc.

President & Chief Executive Officer at Kirkland Lake Gold Ltd.

Former Vice President & Chief Financial Officer at Centerra Gold Inc.

President at 2127301 Ontario Ltd.

Director, President & Chief Executive Officer at New Gold, Inc.

Former Founding President & Chief Executive Officer at Lithium Americas Corp.

Former Interim Chief Executive Officer at Kirkland Lake Gold, Inc.

Independent Director at Kirkland Lake Gold Ltd.

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Owners & Shareholders
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Van Eck Associates Corp. manages investments in hard assets, emerging markets, precious metals (including gold) and other specialized asset classes. The firm's mutual funds are designed to offer innovative diversification across asset classes with returns that have low correlations to traditional US equity and fixed-income investments. Van Eck also offers ETFs, separate accounts and alternative investments. The firm employs a top-down approach to identify attractive potential markets and sectors and then conducts bottom-up analysis of individual stocks. Their portfolios are benchmarked against indices based on the portfolio's investment types and geographic focus and client preferences.

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Resolute Funds Ltd. takes a contrarian, long-term approach to growth investing. They manage a private mutual fund that is sold on a restricted basis by offering memorandum. The minimum initial purchase is $150,000 and the approved Canadian jurisdictions are Ontario, Alberta, and British Columbia. The Fund is distributed through a limited number of investment advisors and is not available at discount brokers. Resolute Funds does not offer the Performance Fund directly to the public. Resolute Funds invests primarily in the stocks of small-cap and micro-cap Canadian companies in the energy minerals, industrial services and non-energy minerals sectors.

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Sentry Investments seeks to preserve capital, maximize return, minimize risk and manage investment capital to generate a steady stream of income. Sentry Investments' approach is a combination of both a quantitative and a forward-looking intrinsic value approach. Their analysts use a proprietary model to review companies in each target sector and apply specific investment criteria to evaluate each company's historical performance. Sentry Investments then weighs these criteria to select the stocks with proven records of success and the best prospects for capital appreciation, looking forward. The firm's products include TSX-listed closed end funds, closed-end trusts, flow through limited partnerships, mutual funds and principal-protected notes covering a variety of domestic and global strategies.

Recent Transactions
Details Hidden

Arete Capital Partners Pty Ltd. purchases Stawell Gold Mines Pty Ltd. from Kirkland Lake Gold Ltd.

Details Hidden

Kirkland Lake Gold, Inc. purchases Newmarket Gold, Inc. resulting in a new company Kirkland Lake Gold Ltd.

Key Stats and Financials As of 2017
Market Capitalization
$6.38B
Total Enterprise Value
$3.78B
Earnings Per Share
$0.9
Revenue
$970M
Net Profit
$187M
EBITDA
$459M
EBITDAMargin
47.27%
Total Debt
$48.3M
Total Equity
$1.45B
Enterprise Value Sales
3.89x
Enterprise Value EBITDAOperating
8.24x
TEVNet Income
20.21x
Debt TEV
0.01x
Three Year Compounded Annual Growth Rate Of Revenue
45.92%
Five Year Compounded Annual Growth Rate Of Revenue
30.53%
Investors
Details Hidden

Founder at Sprott, Inc.

Suppliers
Sandstorm Gold Ltd. Consumer Finance | Vancouver, BC

Sandstorm Gold finances gold mining projects through an arrangement called gold streaming. A gold stream involves Sandstorm making an upfront payment to a mining partner that is in need of capital to build their mine, refinance their obligations, complete an acquisition or for various other reasons. In exchange for that upfront payment, Sandstorm receives a contract which stipulates the purchase of a certain percentage of the gold produced from the mine, for the life of the mine, at a fixed per unit cost. To give an example, one of Sandstorm’s gold streaming agreements is with a company called Mutiny Gold (ASX-MYG). Mutiny needed capital for the development of its Deflector project in Western Australia. Sandstorm provided US$38 million to Mutiny as an upfront cash payment and in return, received a gold streaming agreement to purchase 15% of the life of mine gold produced from Deflector at US$500 per ounce.