In this article, I analyze Kirkland Lake Gold (OTCPK:KGILF), which is a small gold producing company.
1: About Kirkland Lake Gold
Kirkland Lake Gold is a small gold producer with a sizeable property in Ontario, Canada, and (as of the end of January) $83 million in cash and cash equivalents. It currently has a market capitalization of approximately $293 million, or $330 million fully diluted.
The company has been producing on its Kirkland Lake property for many years, and it has been profitable in the fiscal years ending 4/30/2011 and 4/30/2012. In fact in the latter year, during which the price of gold hit its $1,900 peak, the company turned a profit of over $41 million, which is...
Only subscribers can access this article, which is part of the PRO research library covering 3,559 different stocks.
Growing numbers of fund managers and other investment professionals subscribe to Seeking Alpha PRO for equity research that is unavailable elsewhere, so they can: