Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:
Kirkland Lake Gold Ltd (NYSE: KL)
Kirkland Lake Gold Ltd is a Canada-based gold mining, development and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. In addition, the company owns the Holt mine and the Taylor mine. The company’s mines and material mineral projects are located in Canada and Australia.
A quick look at the price chart below for Kirkland Lake Gold shows us that the stock is down 6.35% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 9.09, which means that it remains undervalued.
(Source: Morningstar)
Superinvestors who currently hold positions in Kirkland Lake Gold include:
Jim Simons – 4,228,934 shares
Jean-Marie Eveillard – 1,651,804 shares
Eric Sprott – 1,623,817 shares
John Paulson – 1,502,853 shares
Ken Griffin – 487,233 shares
Israel Englander – 143,444 shares
Joel Greenblatt – 14,220 shares
Jim O’Shaughnessy – 1,617 shares
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