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KGD

Kula GoldASX:KGD Stock Report

Market Cap

AU$11.0m

7D

-3.8%

1Y

34.2%

Updated

26 Oct, 2021

Data

Company Financials
KGD fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

KGD Overview

Kula Gold Limited identifies and explores for metals in Western Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Kula Gold
Historical stock prices
Current Share PriceAU$0.051
52 Week HighAU$0.032
52 Week LowAU$0.073
Beta0.75
1 Month Change2.00%
3 Month Change2.00%
1 Year Change34.21%
3 Year Change155.00%
5 Year Change88.89%
Change since IPO-97.17%

Recent News & Updates

Shareholder Returns

KGDAU Metals and MiningAU Market
7D-3.8%-0.4%0.8%
1Y34.2%15.6%24.4%

Return vs Industry: KGD exceeded the Australian Metals and Mining industry which returned 15.6% over the past year.

Return vs Market: KGD exceeded the Australian Market which returned 24.4% over the past year.

Price Volatility

Is KGD's price volatile compared to industry and market?
KGD volatility
KGD Beta0.75
Industry Beta0.97
Market Beta1

Stable Share Price: KGD is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: KGD's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
20072n/ahttps://www.kulagold.com.au

Kula Gold Limited identifies and explores for metals in Western Australia. The company primarily explores for gold, nickel, and copper deposits, as well as platinum group elements. It holds 100% interests in the Airfield gold project covering an area of approximately 120 km2 located to the east of the town of Marvel Loch, Western Australia; the Rankin Dome gold and nickel project situated to west and north west of the town of Southern Cross, Western Australia; the Brunswick PGE-AU project covering an area of 240 km2 located in the southwest region of western Australia; and the Lake Rebecca gold project covering an area of approximately 150 km2 situated in Kalgoorlie, Western Australia.

Kula Gold Fundamentals Summary

How do Kula Gold's earnings and revenue compare to its market cap?
KGD fundamental statistics
Market CapAU$10.97m
Earnings (TTM)-AU$1.21m
Revenue (TTM)n/a

0x

P/S Ratio

-9.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KGD income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.21m
Earnings-AU$1.21m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0056
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.7%

How did KGD perform over the long term?

See historical performance and comparison

Valuation

Is Kula Gold undervalued compared to its fair value and its price relative to the market?

8.78x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate KGD's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate KGD's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: KGD is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: KGD is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate KGD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KGD is overvalued based on its PB Ratio (8.8x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

How is Kula Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-0.5%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kula Gold has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Kula Gold performed over the past 5 years?

78.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KGD is currently unprofitable.

Growing Profit Margin: KGD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KGD is unprofitable, but has reduced losses over the past 5 years at a rate of 78.4% per year.

Accelerating Growth: Unable to compare KGD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: KGD is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).


Return on Equity

High ROE: KGD has a negative Return on Equity (-96.39%), as it is currently unprofitable.


Financial Health

How is Kula Gold's financial position?


Financial Position Analysis

Short Term Liabilities: KGD's short term assets (A$1.4M) exceed its short term liabilities (A$146.7K).

Long Term Liabilities: KGD's short term assets (A$1.4M) exceed its long term liabilities (A$19.5K).


Debt to Equity History and Analysis

Debt Level: KGD's debt to equity ratio (0.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if KGD's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: KGD has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: KGD has less than a year of cash runway if free cash flow continues to grow at historical rates of 38.9% each year.


Dividend

What is Kula Gold current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate KGD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KGD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KGD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KGD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KGD's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Kula Gold has no CEO, or we have no data on them.


Leadership Team

Experienced Management: KGD's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: KGD's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 38.1%.


Top Shareholders

Company Information

Kula Gold Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Kula Gold Limited
  • Ticker: KGD
  • Exchange: ASX
  • Founded: 2007
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$10.974m
  • Shares outstanding: 215.18m
  • Website: https://www.kulagold.com.au

Number of Employees


Location

  • Kula Gold Limited
  • 20 Howard Street
  • Suite 2
  • Perth
  • Western Australia
  • 6000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:26
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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 here.