| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -4.39K | -5.82K | -2.04K | -6.96K | -6.96K |
| EBITDA | -1.95M | -2.78M | -3.78M | -1.03M | -1.46M |
| Net Income | -1.72M | -2.79M | -3.80M | -1.04M | -1.47M |
Balance Sheet | |||||
| Total Assets | 11.55M | 11.73M | 13.48M | 5.42M | 5.90M |
| Cash, Cash Equivalents and Short-Term Investments | 1.15M | 1.55M | 3.25M | 70.63K | 251.71K |
| Total Debt | 0.00 | 0.00 | 0.00 | 4.56K | 17.80K |
| Total Liabilities | 404.67K | 322.08K | 417.24K | 504.41K | 381.85K |
| Stockholders Equity | 11.15M | 11.41M | 13.07M | 4.92M | 5.52M |
Cash Flow | |||||
| Free Cash Flow | -1.70M | -2.94M | -3.87M | -679.65K | -1.75M |
| Operating Cash Flow | -1.66M | -2.91M | -3.73M | -657.13K | -1.73M |
| Investing Cash Flow | -33.22K | -37.09K | -135.27K | -22.52K | -25.75K |
| Financing Cash Flow | 1.34M | 1.25M | 7.04M | 498.58K | 1.60M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | C$79.15M | -27.12 | -13.12% | ― | ― | 74.95% | |
51 Neutral | C$51.95M | 19.84 | 4.26% | ― | ― | ― | |
48 Neutral | C$48.36M | -17.65 | -16.97% | ― | ― | ― | |
47 Neutral | C$44.13M | -8.80 | -30.23% | ― | ― | 41.41% | |
44 Neutral | C$49.62M | -23.24 | -141.64% | ― | ― | 35.45% | |
43 Neutral | C$58.98M | -4.66 | -38.12% | ― | ― | -592.74% |
Kirkland Lake Discoveries has signed a definitive all-share agreement to acquire the 2,500-hectare Mirado Gold Project from Orecap Invest Corp., adding a historical inferred resource of about 10.6 million tonnes grading 1.29 grams per tonne gold, or roughly 442,000 ounces, to its portfolio. Located approximately 15 kilometres south of its core KL West land package, Mirado is described as a potential starter-scale asset with district-scale exploration upside, supported by limited historic drilling below 150 metres, untested geophysical anomalies, and high-grade surface samples. The deal is structured to preserve cash for ongoing drilling at KL West, where a second drill rig has been mobilized, while giving Orecap a significant equity stake in Kirkland Lake Discoveries, aligning both parties around unlocking value from Mirado and the broader regional exploration portfolio. Historical resource estimates and a prior preliminary economic assessment suggest potential for shallow open-pit development, though the company emphasizes that these figures are not current and that further drilling and updated technical work will be required to confirm and expand mineralization, potentially enhancing the company’s resource base and strategic positioning in a strong gold price environment.
Kirkland Lake Discoveries has signed a definitive all-share agreement to acquire the 2,500-hectare Mirado Gold Project from Orecap Invest Corp., adding a historical inferred resource of about 442,000 ounces of gold (10.6 million tonnes at 1.29 g/t) to its portfolio. The Mirado property, located roughly 15 km south of the company’s flagship KL West project, offers near-resource expansion potential, untested targets at depth and encouraging high-grade surface samples, enhancing KLDC’s exploration pipeline while allowing it to conserve cash and stay focused on drilling at KL West; Orecap, in turn, gains a significant equity stake in KLDC, aligning both parties around unlocking value in a high-gold-price environment.
Kirkland Lake Discoveries has commenced a fully funded 25,000-meter diamond drilling program aimed at exploring gold and polymetallic targets in the Kirkland Lake region. The program is expected to enhance the company’s discovery potential with the confirmation of two coexisting mineralizing systems, a Copper-Rich Massive Sulphide system and an Intrusion-Related Gold System. The addition of a new Vice-President of Exploration and a Technical Advisor is set to accelerate discovery efforts, positioning the company for potential new discoveries that could benefit shareholders and the region.
Kirkland Lake Discoveries announced a 25,000-metre diamond drill program targeting high-priority zones in Ontario’s Kirkland Lake area, following promising geophysical and geochemical findings. The company also granted 5,500,000 stock options to its management, aligning with its strategic exploration efforts to enhance its position in the mining industry.
Kirkland Lake Discoveries, a company focused on mineral exploration, announced significant results from its initial drilling program at the KL West Property in the Abitibi Greenstone Belt near Kirkland Lake, Ontario. The program revealed high-grade copper sulphides from surface and led to new gold and critical mineral discoveries, indicating a new mineralizing system around the Winnie Pluton. These findings suggest a district-scale exploration opportunity, with the company planning an expanded drilling program supported by over $12 million in secured capital.
Kirkland Lake Discoveries Corp. has successfully closed a non-brokered private placement, raising over $12 million. This funding will enable the company to advance its exploration projects in Kirkland Lake, demonstrating confidence in its vision and potential. Additionally, the company has engaged Revolution Small Cap Marketing for a year-long advertising and e-marketing campaign to enhance its market presence.
Kirkland Lake Discoveries has completed a 2,000 line-kilometre helicopter-borne magnetotelluric survey over its KL West Project in Ontario, using advanced MobileMT technology to enhance subsurface imaging. This survey aims to accelerate the understanding of the Winnie Pluton and its mineralization role, with plans to integrate findings into future drill campaigns, potentially impacting the company’s exploration strategy and stakeholder interests.