ASX:KCNMetals and Mining
Kingsgate Consolidated (ASX:KCN) Shares Rally On Profits With A Cash Catch
Investors came into this Kingsgate Consolidated result with a stock that had already surged about 38% over the past month, only to be met with earnings that turn heads for a very different reason. The company has reported very large profit growth over the past year and a net margin of 46.6%, eye catching numbers for a gold and silver producer.
The twist is in the quality of those profits. A high share of earnings is non cash, which raises questions about how much of this headline result...

