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To: Goose94 who wrote (52615)	12/7/2018 5:40:53 PM
From: Goose94	Read Replies (1) \| Respond to of 202843

Kirkland Lake Gold (KL-T) star performer with new 52 week high, $31.43

To: Goose94 who wrote (52615)	12/28/2018 8:41:00 PM
From: Goose94	Read Replies (2) \| Respond to of 202843

Kirkland Lake Gold (KL-T) star performer top pick from Robert McWhirter Market Call on Dec 28th @ 1300ET Kirkland Lake Gold has a $7.4 billion market cap and is a Canadian based gold company with mines in Canada and Australia. It has a 0.5 per cent yield, a modest four per cent payout ratio of four quarter trailing cash flow. The company reported on Oct. 30, 2018 that year-over-year sales per share grew 29 per cent, while earnings per share grew 97 per cent. Kirkland Lake has a 6.0 per cent trailing 12 months (TTM) free cash flow yield ($412 million TTM). Earnings per share are forecasted to grow 56 per cent in calendar 2018, 13 per cent in 2019 resulting in a 23 per cent return on equity (ROE) and price-earnings (P/E) multiple of 19.8 times with 28 per cent further earnings per share growth forecast for 2020. Kirkland Lake is expected to report earnings on Feb. 20, 2019 with a forecast of $0.53 versus $0.44, a 22 per cent increase. Gold production is forecasted to be 620,000 ounces in 2018, rising 24 per cent in 2019 to 770,000 ounces (the mid-point of management’s guidance) with attractive All-In Sustainable Costs (ASIC) of $630 to $680 an ounce. While Kirkland Lake’s earnings estimates have increased nine per cent in the past 60 days based on this guidance analysts’ estimates of 2019 earnings per share (EPS) growth of 13 per cent are expected to be revised upwards again. Positive estimate revision has historically been a strong factor in rising stock price.