company background image
KGL

KGL ResourcesASX:KGL Stock Report

Market Cap

AU$253.0m

7D

15.7%

1Y

131.5%

Updated

09 Dec, 2021

Data

Company Financials
KGL fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

KGL Stock Overview

KGL Resources Limited develops and explores for mineral properties.

KGL Resources Competitors

Western Areas

ASX:WSA

AU$1.0b

Jervois Global

ASX:JRV

AU$796.8m

Neometals

ASX:NMT

AU$589.5m

Mincor Resources

ASX:MCR

AU$581.2m

Price History & Performance

Summary of all time highs, changes and price drops for KGL Resources
Historical stock prices
Current Share PriceAU$0.63
52 Week HighAU$0.84
52 Week LowAU$0.26
Beta1.34
1 Month Change4.17%
3 Month Change15.74%
1 Year Change131.48%
3 Year Change89.39%
5 Year Change140.39%
Change since IPO-87.74%

Recent News & Updates

Oct 08
We're Interested To See How KGL Resources (ASX:KGL) Uses Its Cash Hoard To Grow

We're Interested To See How KGL Resources (ASX:KGL) Uses Its Cash Hoard To Grow

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

Shareholder Returns

KGLAU Metals and MiningAU Market
7D15.7%2.1%2.1%
1Y131.5%4.0%10.7%

Return vs Industry: KGL exceeded the Australian Metals and Mining industry which returned 4% over the past year.

Return vs Market: KGL exceeded the Australian Market which returned 10.7% over the past year.

Price Volatility

Is KGL's price volatile compared to industry and market?
KGL volatility
KGL Average Weekly Movement15.3%
Metals and Mining Industry Average Movement10.5%
Market Average Movement8.3%
10% most volatile stocks in AU Market15.6%
10% least volatile stocks in AU Market3.7%

Stable Share Price: KGL is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: KGL's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Australian stocks.

About the Company

FoundedEmployeesCEOWebsite
19989Simon Finnishttps://www.kglresources.com.au

KGL Resources Limited develops and explores for mineral properties. It explores copper, silver, gold, lead, and zinc deposits. The company’s principal activity is the exploration and development of the Jervois multi-metal project located in the Northern Territory, Australia.

KGL Resources Fundamentals Summary

How do KGL Resources's earnings and revenue compare to its market cap?
KGL fundamental statistics
Market CapAU$253.04m
Earnings (TTM)-AU$1.33m
Revenue (TTM)n/a

0.0x

P/S Ratio

-183.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KGL income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.33m
Earnings-AU$1.33m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0034
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0%

How did KGL perform over the long term?

See historical performance and comparison

Valuation

Is KGL Resources undervalued compared to its fair value and its price relative to the market?

2.63x

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 Australian 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 overvalued based on its PB Ratio (2.6x) compared to the AU Metals and Mining industry average (2.4x).


Future Growth

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

1.0%

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.


Past Performance

How has KGL Resources performed over the past 5 years?

5.8%

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 5.8% 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 (35.3%).


Return on Equity

High ROE: KGL has a negative Return on Equity (-1.43%), as it is currently unprofitable.


Financial Health

How is KGL Resources's financial position?


Financial Position Analysis

Short Term Liabilities: KGL's short term assets (A$25.4M) exceed its short term liabilities (A$2.4M).

Long Term Liabilities: KGL's short term assets (A$25.4M) exceed its long term liabilities (A$154.2K).


Debt to Equity History and Analysis

Debt Level: KGL has more cash than its total debt.

Reducing Debt: Insufficient data to determine if KGL'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: KGL has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: KGL has sufficient cash runway for 2.7 years if free cash flow continues to reduce at historical rates of 8.7% each year.


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 recent payouts.

High Dividend: Unable to evaluate KGL'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 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?

6.3yrs

Average management tenure


CEO

Simon Finnis (55 yo)

0.42

Tenure

Mr. Simon Finnis is Chief Executive Officer at KGL Resources Limited since July 5, 2021 and serves as its Managing Director as well as Director since August 04, 2021. He has been Chief Executive Officer at...


Leadership Team

Experienced Management: KGL's management team is seasoned and experienced (6.3 years average tenure).


Board Members

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 16.8%.


Top Shareholders

Company Information

KGL Resources Limited's 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$253.043m
  • Shares outstanding: 392.32m
  • Website: https://www.kglresources.com.au

Number of Employees


Location

  • KGL Resources Limited
  • 167 Eagle Street
  • Level 7
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/09 07:02
End of Day Share Price2021/12/09 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.