Based in Ontario, Kirkland Lake Gold is one of the oldest gold mining companies engaged in the acquisition, production, and operation of gold properties. The company carries out its mining operations from three high-quality mines namely the Macassa Mine, Detour Lake Mine, and Fosterville Mine that are located in Canada and Australia respectively.
In the past five years, Kirkland Lake Gold stock has gained more than 500%. However, the stock has taken a beating over the past year and is down by 23.62% since last year and by almost 8% so far this year. That said, it looks like a decent entry at this price point, and the stock looks like it is in recovery mode.