Kula Gold Limited identifies and explores for metals in Western Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.051|
|52 Week High||AU$0.032|
|52 Week Low||AU$0.073|
|1 Month Change||2.00%|
|3 Month Change||2.00%|
|1 Year Change||34.21%|
|3 Year Change||155.00%|
|5 Year Change||88.89%|
|Change since IPO||-97.17%|
Recent News & Updates
|KGD||AU Metals and Mining||AU Market|
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.
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
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
|KGD fundamental statistics|
Is KGD overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KGD income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0056|
|Net Profit Margin||0.00%|
How did KGD perform over the long term?See historical performance and comparison
Is Kula Gold undervalued compared to its fair value and its price relative to the market?
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).
How is Kula Gold forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Kula Gold performed over the past 5 years?
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.
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Kula Gold has no CEO, or we have no data on them.
Experienced Management: KGD's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: KGD's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 38.1%.
Kula Gold Limited's employee growth, exchange listings and data sources
- 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
- Kula Gold Limited
- 20 Howard Street
- Suite 2
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 16:26|
|End of Day Share Price||2021/10/26 00:00|
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.