company background image
KIN

Kin Mining ASX:KIN Stock Report

Last Price

AU$0.078

Market Cap

AU$67.6m

7D

0%

1Y

-29.1%

Updated

17 May, 2022

Data

Company Financials
KIN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

KIN Stock Overview

Kin Mining NL engages in the development and exploration of gold and base metal properties in Australia.

Kin Mining Peers

Price History & Performance

Summary of all time highs, changes and price drops for Kin Mining
Historical stock prices
Current Share PriceAU$0.078
52 Week HighAU$0.16
52 Week LowAU$0.078
Beta-0.32
1 Month Change-17.02%
3 Month Change-25.71%
1 Year Change-29.09%
3 Year Change18.18%
5 Year Change-78.92%
Change since IPO-71.64%

Recent News & Updates

Mar 02
Companies Like Kin Mining (ASX:KIN) Could Be Quite Risky

Companies Like Kin Mining (ASX:KIN) Could Be Quite Risky

We can readily understand why investors are attracted to unprofitable companies. For example, although...

Shareholder Returns

KINAU Metals and MiningAU Market
7D0%-0.03%0.5%
1Y-29.1%-4.8%-0.2%

Return vs Industry: KIN underperformed the Australian Metals and Mining industry which returned -4.8% over the past year.

Return vs Market: KIN underperformed the Australian Market which returned -0.2% over the past year.

Price Volatility

Is KIN's price volatile compared to industry and market?
KIN volatility
KIN Average Weekly Movement6.7%
Metals and Mining Industry Average Movement11.1%
Market Average Movement9.4%
10% most volatile stocks in AU Market16.4%
10% least volatile stocks in AU Market4.3%

Stable Share Price: KIN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: KIN's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011n/aAndrew Muncktonhttps://www.kinmining.com.au

Kin Mining NL engages in the development and exploration of gold and base metal properties in Australia. Its flagship project is the Cardinia Gold Project, which covers an area of approximately 285 square kilometers comprises 139 tenements located in the North-Eastern Goldfields region of Western Australia. The company holds 100% interest in nine project areas comprising Cardinia, Raeside, Randwick, Mt Flora, Murrin Murrin, Redcastle, Desdemona, Iron King Group, and Mt Fouracre.

Kin Mining Fundamentals Summary

How do Kin Mining's earnings and revenue compare to its market cap?
KIN fundamental statistics
Market CapAU$67.56m
Earnings (TTM)-AU$15.76m
Revenue (TTM)n/a

0.0x

P/S Ratio

-4.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KIN income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
Other ExpensesAU$15.76m
Earnings-AU$15.76m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.018
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did KIN perform over the long term?

See historical performance and comparison
New valuation analysis is now available for all ASX stocks. This is in beta.

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-6.9%

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 Kin Mining 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 Kin Mining performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-5.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KIN is currently unprofitable.

Growing Profit Margin: KIN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KIN is unprofitable, and losses have increased over the past 5 years at a rate of 5.3% per year.

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

Earnings vs Industry: KIN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (57.8%).


Return on Equity

High ROE: KIN has a negative Return on Equity (-110.17%), as it is currently unprofitable.


Financial Health

How is Kin Mining's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: KIN's short term assets (A$7.5M) exceed its short term liabilities (A$547.6K).

Long Term Liabilities: KIN's short term assets (A$7.5M) exceed its long term liabilities (A$2.9M).


Debt to Equity History and Analysis

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

Reducing Debt: Insufficient data to determine if KIN'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: KIN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: KIN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.1% each year


Dividend

What is Kin Mining current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate KIN'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 KIN's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as KIN has not reported any payouts.


Next Steps

Management

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

4.2yrs

Average management tenure


CEO

Andrew Munckton

4.08yrs

Tenure

AU$471,213

Compensation

Mr. Andrew Timothy Munckton, BSc (Mining Geology), MAusIMM, MAICD, has been the Chief Executive Officer of Kin Mining NL since April 26, 2018 and serves as its Managing Director. Mr. Munckton was the Manag...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD330.58K) is about average for companies of similar size in the Australian market ($USD283.77K).

Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: KIN's management team is considered experienced (4.2 years average tenure).


Board Members

Experienced Board: KIN's board of directors are considered experienced (3.8 years average tenure).


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 8.4%.


Top Shareholders

Company Information

Kin Mining NL's employee growth, exchange listings and data sources


Key Information

  • Name: Kin Mining NL
  • Ticker: KIN
  • Exchange: ASX
  • Founded: 2011
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: AU$67.558m
  • Shares outstanding: 866.13m
  • Website: https://www.kinmining.com.au

Location

  • Kin Mining NL
  • 342 Scarborough Beach Road
  • First Floor
  • Osborne Park
  • Western Australia
  • 6017
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


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.