ASX:KGL

Stock Analysis Report

Executive Summary

KGL Resources Limited develops and explores for mineral properties.


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

KGLIndustryMarket
7 Day0%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

Valuation

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

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

NamePositionTenureCompensationOwnership
Denis Wood
Executive Chairman of the Board4.25yrsAU$1.05m8.39% A$2.9m
John Gooding
Independent & Non-Executive Director1.67yrsAU$51.74k0.0032% A$1.1k
Peter Hay
Independent & Non-Executive Director2.25yrsAU$51.74k0.76% A$262.1k
Ferdian Purnamasidi
Non-Executive Director3.83yrsAU$51.74k0.19% A$66.0k
Fiona Murdoch
Independent & Non-Executive Director1.67yrsAU$51.74k0.023% 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KGLNCASX (Australian Securities Exchange)NPV DFD 17/12/19(EX-RIGHTS)AUAUDNo data
KGLASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMar 2005
KN6DB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2005
KGLCHIA (Chi-X Australia)YesOrdinary SharesAUAUDMar 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 10:36
End of Day Share Price2020/03/30 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.