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Updated 4h ago
KAN logo

Kantra Copper LtdASX:KAN Stock Report

Market Cap AU$293.8m
Updated 4h ago
Share Price
n/a
1Y121.3%
7D9.6%
1D-4.0%
Portfolio Value
​
View

Kantra Copper Ltd

ASX:KAN Stock Report

Market Cap: AU$293.8m

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

Kantra Copper (KAN) Stock Overview

Engages in the operation, exploration, and development of mineral properties in Australia. More details

KAN fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 77.2% below our estimate of its fair value

Earnings are forecast to grow 22.43% per year

Became profitable this year

Analysts in good agreement that stock price will rise by 24.7%

Risk Analysis

Shareholders have been substantially diluted in the past year

High level of non-cash earnings


KAN Community Fair Values

Create Narrative

See what 54 others think this stock is worth. Follow their fair value or set your own to get alerts.

Analyst Price Targets

AN
AnalystConsensusTarget
19.8% undervalued intrinsic discount
AnalystConsensusTarget
•7d ago

HGO: Copper Production Gains Will Drive Sustained Value Creation

424
1
25
AN
AnalystHighTarget
1.1k% overvalued intrinsic discount
AnalystHighTarget
•23d ago

Global Electrification And Decarbonization Will Drive Kanmantoo Copper Demand

271
0
5
AN
AnalystLowTarget
1.2k% overvalued intrinsic discount
AnalystLowTarget
•1mo ago

Kanmantoo Reliance Will Challenge Earnings While Copper Tailwinds Lift Prospects

109
0
1

Top Analyst Narratives

AN
AnalystConsensusTarget
19.8% undervalued intrinsic discount
AnalystConsensusTarget
•7d ago

HGO: Copper Production Gains Will Drive Sustained Value Creation

424
1
25
AN
AnalystHighTarget
1.1k% overvalued intrinsic discount
AnalystHighTarget
•23d ago

Global Electrification And Decarbonization Will Drive Kanmantoo Copper Demand

271
0
5
AN
AnalystLowTarget
1.2k% overvalued intrinsic discount
AnalystLowTarget
•1mo ago

Kanmantoo Reliance Will Challenge Earnings While Copper Tailwinds Lift Prospects

109
0
1
View all narratives

Kantra Copper Ltd Competitors

Aeris Resources

Symbol: ASX:AIS
Market cap: AU$616.5m

Strickland Metals

Symbol: ASX:STK
Market cap: AU$184.5m

Renascor Resources

Symbol: ASX:RNU
Market cap: AU$145.1m

Focus Minerals

Symbol: ASX:FML
Market cap: AU$682.0m

Price History & Performance

Summary of share price highs, lows and changes for Kantra Copper
Historical stock prices
Current Share PriceAU$1.20
52 Week HighAU$1.25
52 Week LowAU$0.45
Beta1.36
1 Month Change20.71%
3 Month Change56.21%
1 Year Change121.30%
3 Year Change24.48%
5 Year Change30.60%
Change since IPO-99.90%

Recent News & Updates

User avatar
Narrative Update • Sep 03

KAN: Higher Projected Margins And Future P/E Will Support Upside

Analysts have updated their view on Kantra Copper, lifting the fair value estimate from A$0.10 to A$1.49 as they factor in revised assumptions for revenue growth, profit margins and a much higher future P/E expectation. What's in the News Hillgrove Resources Limited changed its name to Kantra Copper Limited on 17 August 2026.
User avatar
Narrative Update • Aug 18

HGO: Lower Forward P/E And Margin Assumptions Will Pressure Future Returns

Analysts have raised their fair value estimate for Hillgrove Resources from A$0.09 to A$0.10, following updated assumptions for revenue growth, profit margins and a lower forward P/E multiple. What’s in the News for Hillgrove Resources Hillgrove Resources has scheduled a Special and Extraordinary Shareholders Meeting for 17 August 2026 at 09:31 AUS Central Standard Time in Dulwich, South Australia.

Recent updates

User avatar
Narrative Update • Sep 03

KAN: Higher Projected Margins And Future P/E Will Support Upside

Analysts have updated their view on Kantra Copper, lifting the fair value estimate from A$0.10 to A$1.49 as they factor in revised assumptions for revenue growth, profit margins and a much higher future P/E expectation. What's in the News Hillgrove Resources Limited changed its name to Kantra Copper Limited on 17 August 2026.
User avatar
Narrative Update • Aug 18

HGO: Lower Forward P/E And Margin Assumptions Will Pressure Future Returns

Analysts have raised their fair value estimate for Hillgrove Resources from A$0.09 to A$0.10, following updated assumptions for revenue growth, profit margins and a lower forward P/E multiple. What’s in the News for Hillgrove Resources Hillgrove Resources has scheduled a Special and Extraordinary Shareholders Meeting for 17 August 2026 at 09:31 AUS Central Standard Time in Dulwich, South Australia.
User avatar
Narrative Update • Jul 23

HGO: Emily Star Development Will Support Future Upside While Keeping Risks Balanced

Analysts have lifted their fair value estimate for Hillgrove Resources from A$0.05 to A$0.09, citing updated assumptions that include revised revenue growth, profit margin forecasts and a higher future P/E multiple. What’s in the News for Hillgrove Resources Hillgrove Resources has approved the development of Emily Star as a third underground mining front at its Kanmantoo Copper Mine in South Australia, according to recent company news.
User avatar
Narrative Update • Jul 09

HGO: Higher Projected Margins And P/E Multiple Will Support Future Upside

Analysts have raised their fair value estimate for Hillgrove Resources from A$0.07 to A$0.10, citing updated assumptions for revenue growth, profit margins and future P/E, which increase the implied valuation range. What's in the News No recent news items for Hillgrove Resources were identified from the provided sources.
User avatar
Narrative Update • Jun 17

HGO: Modest Assumption Shifts Will Keep Future Upside And Risks Balanced

Analysts have maintained their Hillgrove Resources fair value at A$0.05, making only marginal adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions that support this unchanged price target. What’s in the News for Hillgrove Resources No recent Hillgrove Resources company announcements or news stories are available from the provided sources.
User avatar
Narrative Update • Jun 02

HGO: Higher Assumed Revenue And Risks Will Keep Future Upside Balanced

Analysts have adjusted their A$ price target for Hillgrove Resources to reflect updated assumptions for revenue growth, profit margins and future P/E. This has resulted in a revised valuation framework that keeps fair value around A$0.05 while incorporating a higher discount rate.
User avatar
Narrative Update • May 16

HGO: Steady Intrinsic Value And Higher P/E Assumptions Will Support Upside

Analysts have kept their A$0.07 price target on Hillgrove Resources broadly steady, with only small adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions. Valuation Changes Fair Value: A$0.07167 is unchanged, indicating no adjustment to the modelled intrinsic value per share.
User avatar
Narrative Update • Apr 28

HGO: Higher Future P/E Assumptions Will Support Stronger Copper Opportunity

Analysts have trimmed Hillgrove Resources' fair value estimate slightly from A$0.073 to A$0.072, reflecting updated assumptions that combine a higher discount rate and higher revenue growth with lower projected profit margins and a higher future P/E multiple. Valuation Changes Fair Value: trimmed slightly from A$0.07333 to A$0.07167.
User avatar
Narrative Update • Apr 13

HGO: Steady Fair Value And Improving Revenue Outlook Will Support Share Price

Analysts have kept their A$ price target on Hillgrove Resources steady, pointing to a similar fair value of A$0.09 while modestly adjusting assumptions around discount rate, revenue growth, profit margin and future P/E to reflect updated expectations for the business mix and risk profile. Valuation Changes Fair Value: A$0.09 is unchanged, indicating no adjustment to the central valuation estimate.
User avatar
Narrative Update • Mar 30

HGO: Stable Fair Value And Margins Will Support Future Share Price Upside

Analysts have kept Hillgrove Resources' fair value estimate steady at A$0.09, with only small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions guiding this price target update. Valuation Changes Fair Value: A$0.09 per share remains unchanged in the latest update.
User avatar
Narrative Update • Mar 16

HGO: Higher Forward P/E Multiple Will Support Future Share Price Upside

Analysts have adjusted their price target on Hillgrove Resources to A$0.09, highlighting updated expectations for revenue growth, profit margins, and a higher forward P/E multiple as key factors in their revised outlook. Valuation Changes Fair Value: A$0.09 is unchanged.
User avatar
Narrative Update • Mar 02

HGO: Future Earnings Multiple Repricing Will Support Stronger Copper Opportunity

Analysts have raised their fair value estimate for Hillgrove Resources from A$0.06 to about A$0.07, citing updated assumptions for the discount rate, revenue growth, profit margins and future P/E as the key drivers of the change. Valuation Changes Fair Value: Updated from A$0.06 to about A$0.07, reflecting a slightly higher assessed value per share.
User avatar
Narrative Update • Feb 16

HGO: Higher Expected Margins Will Support Future Share Price Upside

Analysts have kept their A$ price target for Hillgrove Resources unchanged, citing only small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions as the basis for maintaining their view. Valuation Changes Fair Value: A$0.09 is unchanged, indicating no revision to the headline valuation estimate.
User avatar
Narrative Update • Feb 02

HGO: Higher Expected Margins Will Drive Future Share Price Upside

The analyst price target for Hillgrove Resources has been revised from A$0.08 to A$0.09 as analysts factor in updated assumptions for discount rates, revenue growth, profit margins and future P/E multiples. Valuation Changes Fair Value: revised from A$0.08 to A$0.09 per share, reflecting a slightly higher implied valuation.
User avatar
Narrative Update • Jan 19

HGO: Future Copper Volumes And Lower Costs Will Drive Share Upside

Analysts have kept their fair value estimate for Hillgrove Resources flat at A$0.08. The updated target is shaped by small tweaks to the discount rate and assumed revenue growth, as well as a higher profit margin outlook and a lower future P/E assumption, which together refine their valuation case rather than reset it.
User avatar
Narrative Update • Jan 05

HGO: Future Copper Production And Cost Discipline Will Drive Share Upside

Analysts have lowered their price target on Hillgrove Resources from $0.10 to $0.08 per share, reflecting expectations for slower revenue growth, reduced profit margins, and a higher future price-to-earnings multiple, all discounted at a slightly higher rate. What's in the News Issued new guidance for the fourth quarter of fiscal 2025, flagging improved sales volumes as Nugent stoping ramps up and inventory becomes available for shipment (Corporate guidance) Reaffirmed full year 2025 copper production guidance of 11,000 to 11,500 tonnes, underscoring confidence in mine performance and throughput (Corporate guidance) Reported third quarter 2025 operating results with copper production up 8% to 2,808 tonnes and an average realized copper price of $14,447 per tonne (Operating results) Reduced gross all in sustaining costs by 10% quarter on quarter, keeping year to date all in costs at USD 4.24 per pound, in line with guidance of USD 4.2 to USD 4.45 per pound (Operating results) Completed an equity placement of AUD 28 million at AUD 0.035 per share and called a special shareholders meeting on November 25, 2025 to ratify tranche 1 and approve tranche 2 and director participation (Capital raising and shareholder meeting) Valuation Changes The fair value estimate has decreased moderately from A$0.10 to A$0.08 per share, indicating a lower intrinsic valuation for Hillgrove Resources.
User avatar
Narrative Update • Dec 14

HGO: Future Copper Output And Lower Costs May Support Strong Upside

Analysts have trimmed their price target for Hillgrove Resources from A$0.06 to A$0.05, reflecting a slightly higher discount rate, despite upgraded expectations for revenue growth, profit margins, and a lower future price to earnings multiple. What's in the News Issued new guidance indicating improved fourth quarter 2025 sales volumes, supported by Nugent stoping and available inventory, and reaffirmed full year 2025 copper production guidance of 11,000 to 11,500 tonnes (Corporate Guidance) Reported third quarter 2025 operating results with copper production up 8% to 2,808 tonnes, an average realized copper price of $14,447 per tonne, and a 10% reduction in gross all in sustaining costs versus the prior quarter (Operating Results) Maintained year to date all in costs at USD 4.24 per pound, in line with the guided range of USD 4.2 to USD 4.45 per pound (Operating Results) Completed an AUD 28 million follow on equity offering at AUD 0.035 per share, issuing a combined 800 million ordinary shares at a small discount to the offer price (Follow on Equity Offering) Called a special shareholders meeting on November 25, 2025 to ratify tranche 1 shares and approve tranche 2 placement and director participation in the placement (Special Shareholders Meeting) Valuation Changes Fair Value: trimmed from A$0.06 to A$0.05, reflecting a moderate downward revision to the implied share valuation.
User avatar
Narrative Update • Nov 29

HGO: Copper Production Set To Rise With Strong Sales And Lower Costs

Analysts have reaffirmed their price target for Hillgrove Resources at $0.06, citing minimal changes in underlying financial metrics and maintaining their outlook on the company's future prospects. What's in the News Hillgrove Resources provided sales guidance for the fourth quarter of fiscal 2025, expecting improved sales volume as Nugent stoping is underway and inventory is available for shipment.
User avatar
Narrative Update • Nov 15

HGO: Future Copper Production Expected To Increase As Inventory Readies For Shipment

Analysts have raised their price target for Hillgrove Resources from $0.058 to $0.06, citing updated fair value estimates and a modest adjustment in the discount rate as key factors driving their renewed optimism. What's in the News Hillgrove Resources provided sales guidance for the fourth quarter of fiscal 2025, expecting improved sales volume as Nugent stoping progresses and inventory is readied for shipment.
User avatar
Narrative Update • Oct 31

HGO: Copper Production Gains Will Drive Sustained Value Creation

Analysts have maintained their price target for Hillgrove Resources at $0.06. They explained that their forecasts and assumptions remain largely unchanged, despite minor adjustments to inputs such as discount rates and future price-to-earnings estimates.
User avatar
Narrative Update • Oct 17

Nugent Copper Ramp-Up Will Unlock Sustainable Value

Narrative Update on Hillgrove Resources Analysts have lowered their price target for Hillgrove Resources from $0.0717 to $0.0583. This adjustment is based on revised growth assumptions and updated forecasts.
User avatar
Narrative Update • Oct 03

Nugent Copper Ramp-Up Will Unlock Sustainable Value

Analysts have lowered their price target for Hillgrove Resources from $0.08 to $0.07167, citing slightly reduced revenue growth expectations and profit margins, as well as a modest uptick in the discount rate. What's in the News Hillgrove Resources Limited has completed a follow-on equity offering totaling AUD 28 million.
User avatar
New Narrative • May 01

Nugent And Valentine's Drilling Will Yield 25% More Production

Operational and exploration enhancements aim to boost copper production and revenue, leveraging efficiencies and increased reserves.
Analysis Article • Sep 22

Companies Like Hillgrove Resources (ASX:HGO) Are In A Position To Invest In Growth

Even when a business is losing money, it's possible for shareholders to make money if they buy a good business at the...
Analysis Article • May 26

Is Hillgrove Resources (ASX:HGO) In A Good Position To Invest In Growth?

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article • Sep 13

Is Hillgrove Resources (ASX:HGO) In A Good Position To Deliver On Growth Plans?

We can readily understand why investors are attracted to unprofitable companies. For example, biotech and mining...
Analysis Article • Apr 11

Is Hillgrove Resources (ASX:HGO) In A Good Position To Invest In Growth?

There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Analysis Article • Feb 17

Murray Boyte Is The Non Executive Director of Hillgrove Resources Limited (ASX:HGO) And Just Spent AU$100k On Shares

Whilst it may not be a huge deal, we thought it was good to see that the Hillgrove Resources Limited ( ASX:HGO ) Non...
Analysis Article • Dec 26

Estimating The Fair Value Of Hillgrove Resources Limited (ASX:HGO)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Hillgrove Resources...

Shareholder Returns

KANAU Metals and MiningAU Market
7D9.6%1.2%-0.6%
1Y121.3%44.8%-0.3%

Return vs Industry: KAN exceeded the Australian Metals and Mining industry which returned 44.8% over the past year.

Return vs Market: KAN exceeded the Australian Market which returned -0.3% over the past year.

Price Volatility

Is KAN's price volatile compared to industry and market?
KAN volatility
KAN Average Weekly Movement9.7%
Metals and Mining Industry Average Movement11.2%
Market Average Movement9.7%
10% most volatile stocks in AU Market16.9%
10% least volatile stocks in AU Market4.0%

Stable Share Price: KAN has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: KAN's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2000n/aBob Fulkerkantra.com

Kantra Copper Ltd engages in the operation, exploration, and development of mineral properties in Australia. It primarily explores for copper, gold, and silver deposits. The company’s project is the Kanmantoo Copper mine located approximately 55 kilometres from Adelaide, South Australia; and owns an 80% interest in the Mutooroo Copper Project in South Australia’s Curnamona Province.

Kantra Copper Ltd Fundamentals Summary

How do Kantra Copper's earnings and revenue compare to its market cap?
KAN fundamental statistics
Market capAU$293.76m
Earnings (TTM)AU$18.72m
Revenue (TTM)AU$203.03m
15.1x
P/E Ratio
1.4x
P/S Ratio

Is KAN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KAN income statement (TTM)
RevenueAU$203.03m
Cost of RevenueAU$130.43m
Gross ProfitAU$72.61m
Other ExpensesAU$53.89m
EarningsAU$18.72m

Last Reported Earnings

Jun 30, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.079
Gross Margin35.76%
Net Profit Margin9.22%
Debt/Equity Ratio0%

How did KAN perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 16:09
End of Day Share Price 2026/09/10 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kantra Copper Ltd is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Timothy HoffCanaccord Genuity
David ThompsonCLSA
Luke NelsonJ.P. Morgan

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