Could somebody post a link to KL accounting information (balance
sheet, cash flows, etc.)? The equity to debt ratio is of primary
interest to me. Investor's Business Daily ranked KL highly before,
as I remember. KL might have done its first consolidation in
its bull run. 2 to 3 more are to follow, usually. I view this as an
excellent long-term hold stock.
Yes junkie KL was #1 on IBD recently but that didn't help with
today's news - many now trapped near highs. Let's see if some
analysts defend the stock on this news
Acquisitions are an inevitable part of bull market. The
biggest threat is over-leveraging at this point. Companies with no
debt are the real deal, and will attract a lot of capital. There
are only a few of them around.
PAAS used to be one of them, and the stock defended its lows
from 2015-early 2016 this year. I expect KL to do likewise.
Miner News
Posted by steve on 25th of Nov 2019 at 08:15 am
Kirkland Lake Gold Reports Purchase Of Detour Gold; Exchange Ratio Implies C$27.50/Detour Gold Share, Or Implied Equity Value ~C$4.9B
KL down 11 pct, pre.....
Posted by retirefire on 25th of Nov 2019 at 08:41 am
KL down 11 pct, pre..... on my watch list
Could somebody post a link
Posted by junkie on 25th of Nov 2019 at 10:48 am
Could somebody post a link to KL accounting information (balance sheet, cash flows, etc.)? The equity to debt ratio is of primary interest to me. Investor's Business Daily ranked KL highly before, as I remember. KL might have done its first consolidation in its bull run. 2 to 3 more are to follow, usually. I view this as an excellent long-term hold stock.
Yes junkie KL was #1
Posted by steve on 25th of Nov 2019 at 11:38 am
Yes junkie KL was #1 on IBD recently but that didn't help with today's news - many now trapped near highs. Let's see if some analysts defend the stock on this news
Acquisitions are an inevitable part
Posted by junkie on 25th of Nov 2019 at 02:01 pm
Acquisitions are an inevitable part of bull market. The biggest threat is over-leveraging at this point. Companies with no debt are the real deal, and will attract a lot of capital. There are only a few of them around.
PAAS used to be one of them, and the stock defended its lows from 2015-early 2016 this year. I expect KL to do likewise.
Yes - it may be
Posted by steve on 25th of Nov 2019 at 02:03 pm
Yes - it may be an opportunity with today's dip - do your homework and trade your plan
0.45, pretty good. https://www.zacks.com/stock/chart/KL/fundamental/debt-equity-ratio-quarterly
Posted by junkie on 25th of Nov 2019 at 11:20 am
0.45, pretty good. https://www.zacks.com/stock/chart/KL/fundamental/debt-equity-ratio-quarterly
buy the open? or wait?
Posted by mshokry on 25th of Nov 2019 at 08:51 am
buy the open? or wait? (They're buying DGC.to / DRDGF)