Executive Summary
KGL Resources Limited develops and explores for mineral properties.
Risk Analysis
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 2 more risks
Snowflake Analysis
Adequate balance sheet and overvalued.
Similar Companies
Share Price & News
How has KGL Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KGL's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
KGL
11.0%
AU Metals and Mining
13.4%
AU Market
1 Year Return
-62.1%
KGL
-19.1%
AU Metals and Mining
-18.8%
AU Market
Return vs Industry: KGL underperformed the Australian Metals and Mining industry which returned -19.1% over the past year.
Return vs Market: KGL underperformed the Australian Market which returned -18.8% over the past year.
Shareholder returns
| KGL | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 11.0% | 13.4% |
| 30 Day | -42.1% | -11.6% | -20.7% |
| 90 Day | -52.2% | -21.4% | -24.4% |
| 1 Year | -61.7%-62.1% | -14.6%-19.1% | -15.2%-18.8% |
| 3 Year | -73.1%-73.8% | 28.6%12.3% | -2.8%-15.9% |
| 5 Year | -21.6%-24.1% | 61.1%22.9% | 9.3%-15.3% |
Price Volatility Vs. Market
How volatile is KGL Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall St
The KGL Resources (ASX:KGL) Share Price Is Down 37% So Some Shareholders Are Getting Worried2 months ago | Simply Wall St
What Kind Of Shareholder Owns Most KGL Resources Limited (ASX:KGL) Stock?3 months ago | Simply Wall St
Need To Know: KGL Resources Limited (ASX:KGL) Insiders Have Been Buying SharesValuation
Is KGL Resources undervalued compared to its fair value and its price relative to the market?
0.51x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate KGL's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate KGL's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: KGL is unprofitable, so we can't compare its PE Ratio to the Metals and Mining industry average.
PE vs Market: KGL 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 KGL's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KGL is good value based on its PB Ratio (0.5x) compared to the AU Metals and Mining industry average (1x).
Next Steps
Future Growth
How is KGL Resources 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 KGL Resources 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.
Next Steps
- Examine KGL Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- KGL Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
Past Performance
How has KGL Resources performed over the past 5 years?
15.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KGL is currently unprofitable.
Growing Profit Margin: KGL is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KGL is unprofitable, but has reduced losses over the past 5 years at a rate of 15.1% per year.
Accelerating Growth: Unable to compare KGL's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KGL is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (-7%).
Return on Equity
High ROE: KGL has a negative Return on Equity (-3.46%), as it is currently unprofitable.
Next Steps
Financial Health
How is KGL Resources's financial position?
Financial Position Analysis
Short Term Liabilities: KGL's short term assets (A$7.5M) exceed its short term liabilities (A$837.4K).
Long Term Liabilities: KGL's short term assets (A$7.5M) exceed its long term liabilities (A$71.7K).
Debt to Equity History and Analysis
Debt Level: KGL is debt free.
Reducing Debt: KGL has not had any debt for past 5 years.
Balance Sheet
Inventory Level: KGL has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if KGL's debt is covered by short term assets.
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: KGL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KGL has less than a year of cash runway if free cash flow continues to reduce at historical rates of -2% each year
Next Steps
Dividend
What is KGL Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KGL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate KGL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KGL's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KGL'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 KGL'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?
2.3yrs
Average board tenure
CEO
KGL Resources has no CEO, or we have no data on them.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 4.25yrs | AU$1.05m | 8.39% A$2.9m | |
| Independent & Non-Executive Director | 1.67yrs | AU$51.74k | 0.0032% A$1.1k | |
| Independent & Non-Executive Director | 2.25yrs | AU$51.74k | 0.76% A$262.1k | |
| Non-Executive Director | 3.83yrs | AU$51.74k | 0.19% A$66.0k | |
| Independent & Non-Executive Director | 1.67yrs | AU$51.74k | 0.023% A$7.9k |
2.3yrs
Average Tenure
66yo
Average Age
Experienced Board: KGL's board of directors are not considered experienced ( 2.3 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 13.8%.
Top Shareholders
Company Information
KGL Resources Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: KGL Resources Limited
- Ticker: KGL
- Exchange: ASX
- Founded: 1998
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$34.300m
- Shares outstanding: 311.82m
- Website: https://www.kglresources.com.au
Number of Employees
Location
- KGL Resources Limited
- 167 Eagle Street
- Level 7
- Brisbane
- Queensland
- 4000
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| KGLNC | ASX (Australian Securities Exchange) | NPV DFD 17/12/19(EX-RIGHTS) | AU | AUD | No data | |
| KGL | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Mar 2005 |
| KN6 | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Mar 2005 |
| KGL | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Mar 2005 |
Biography
KGL Resources Limited develops and explores for mineral properties. The company primarily explores copper, silver, gold, lead, and zinc deposits. It focuses on the development of Jervois multi-metal project located in the Northern Territory, Australia. The company was formerly known as Kentor Gold Limited and changed its name to KGL Resources Limited in August 2013. KGL Resources Limited was founded in 1998 and is based in Brisbane, Australia.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 10:36 |
| End of Day Share Price | 2020/03/30 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.