David Soares - Kirkland Lake Chief Financial Officer
CFO
Mr. David S. G. Soares is Chief Financial Officer of the Company. Mr. Soares has over 15 years of finance and management experience reflecting progressively senior leadership roles with multinational mining companies, including Xstrata, Glencore and Barrick. Prior to joining Kirkland Lake Gold, Mr. Soares served as Chief Financial Officer of Baffinland Iron Mines Corporationrationration, a joint venture between Arcelor Mittal and Nunavut Iron Ore. He has international governance experience having served as a director of national level organizations representing industry and the private sector since 2018.
| Tenure | 6 years |
| Professional Marks | CPA |
| Phone | 416 840 7884 |
| Web | https://www.klgold.com |
Kirkland Lake Management Efficiency
The company has Return on Asset (ROA) of 11.66 % which means that for every $100 of assets, it generated a profit of $11.66. This is typical in the industry. Likewise, it shows a return on total equity (ROE) of 17.37 %, which means that it produced $17.37 on every 100 dollars invested by current stockholders. Kirkland Lake's management efficiency ratios could be used to measure how well Kirkland Lake manages its routine affairs as well as how well it operates its assets and liabilities.The company reports 22.78 M of total liabilities with total debt to equity ratio (D/E) of 0.0, which may suggest the company is not taking enough advantage from financial leverage. Kirkland Lake Gold has a current ratio of 2.98, indicating that it is in good position to pay out its debt commitments in time. Debt can assist Kirkland Lake until it has trouble settling it off, either with new capital or with free cash flow. So, Kirkland Lake's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Kirkland Lake Gold sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Kirkland to invest in growth at high rates of return. When we think about Kirkland Lake's use of debt, we should always consider it together with cash and equity.
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| William Thalman | LB Foster | 57 | |
Management Performance
| Return On Equity | 17.37 | |||
| Return On Asset | 11.66 |
Kirkland Lake Gold Leadership Team
Elected by the shareholders, the Kirkland Lake's board of directors comprises two types of representatives: Kirkland Lake inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Kirkland. The board's role is to monitor Kirkland Lake's management team and ensure that shareholders' interests are well served. Kirkland Lake's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Kirkland Lake's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Duncan King, Vice President - Mining (Kirkland Lake) | ||
| Anthony Makuch, President, Chief Executive Officer, Director | ||
| John Landmark, Vice President - Exploration, Australian Operations | ||
| Marika Klugt, Vice President Health and Safety | ||
| David Soares, Chief Financial Officer | ||
| Barry Olson, Independent Director | ||
| Jonathan Gill, Independent Director | ||
| Brian Hagan, Vice President - Health, Safety and Environment | ||
| Meri Verli, Senior Vice President, Business Operation Management Systems | ||
| Ingrid Hibbard, Independent Director | ||
| Mark Utting, Senior Vice President of Investor Relations | ||
| Elizabeth LewisGray, Independent Director | ||
| Arnold Klassen, Independent Director | ||
| David Londono, Vice President - Special Projects | ||
| Raymond Yip, Vice President - Business Intelligence Systems | ||
| Jason Neal, Executive Vice President | ||
| Darin Smith, Vice President - Corporate Development | ||
| Evan Pelletier, Vice President - Mining (Kirkland Lake) | ||
| Alasdair Federico, Executive Vice President - Corporate Affairs and CSR | ||
| Peter Grosskopf, Independent Director | ||
| Jennifer Wagner, Senior Vice President, Corporate Affairs, Legal Counsel, Corporate Secretary | ||
| Ion Hann, Vice President Co-Leads of Australian Operations | ||
| Mohammed Ali, Vice President - Environment | ||
| Gord Leavoy, Vice President Mineral Processing | ||
| Natasha Vaz, Senior Vice President - Technical Services and Innovation | ||
| Jeffrey Parr, Non-Executive Independent Chairman of the Board | ||
| Greg Rooney, Vice President of Human Resources | ||
| Eric Kallio, Senior Vice President - Exploration |
Kirkland Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Kirkland Lake a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 17.37 | |||
| Return On Asset | 11.66 | |||
| Profit Margin | 34.70 % | |||
| Operating Margin | 51.07 % | |||
| Current Valuation | 10.21 B | |||
| Shares Outstanding | 263.7 M | |||
| Shares Owned By Insiders | 0.05 % | |||
| Shares Owned By Institutions | 65.17 % | |||
| Number Of Shares Shorted | 2.08 M | |||
| Price To Earning | 11.70 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Kirkland Lake in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Kirkland Lake's short interest history, or implied volatility extrapolated from Kirkland Lake options trading.
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Other Consideration for investing in Kirkland Stock
If you are still planning to invest in Kirkland Lake Gold check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Kirkland Lake's history and understand the potential risks before investing.
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