Korab Resources
Korab Resources Limited engages in the exploration and evaluation of mineral properties. The last earnings update was 68 days ago. More info.
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- Korab Resources has significant price volatility in the past 3 months.
KOR Share Price and Events
7 Day Returns
1 Year Returns
KOR Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Korab Resources (KOR) | -6.9% | -22.9% | -10% | -22.9% | -28.9% | -6.9% |
| AU Metals and Mining | -0.4% | -0.4% | 0.1% | 5.6% | 76.8% | 10.5% |
| AU Market | 2.5% | 2.4% | 4.8% | 5% | 19.3% | 8.7% |
1 Year Return vs Industry and Market
- KOR underperformed the Metals and Mining industry which returned 5.6% over the past year.
- KOR underperformed the Market in Australia which returned 5% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
- It is not possible to calculate the future cash flow value for Korab Resources. This is due to cash flow or dividend data being unavailable. The share price is A$0.027.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Korab Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Korab Resources's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in AUD | A$0.00 |
| ASX:KOR Share Price ** | ASX (2019-05-24) in AUD | A$0.03 |
| Australia Metals and Mining Industry PE Ratio | Median Figure of 78 Publicly-Listed Metals and Mining Companies | 12.1x |
| Australia Market PE Ratio | Median Figure of 542 Publicly-Listed Companies | 16.39x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Korab Resources.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = ASX:KOR Share Price ÷ EPS (both in AUD) = 0.03 ÷ 0.00 |
-15.03x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Korab Resources is loss making, we can't compare its value to the AU Metals and Mining industry average.
- Korab Resources is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does
Korab Resources's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -15.03x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
Not available |
| Australia Metals and Mining Industry PEG Ratio | Median Figure of 38 Publicly-Listed Metals and Mining Companies | 0.8x |
| Australia Market PEG Ratio | Median Figure of 358 Publicly-Listed Companies | 1.43x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for Korab Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Korab Resources's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in AUD | A$0.01 |
| ASX:KOR Share Price * | ASX (2019-05-24) in AUD | A$0.03 |
| Australia Metals and Mining Industry PB Ratio | Median Figure of 585 Publicly-Listed Metals and Mining Companies | 1.48x |
| Australia Market PB Ratio | Median Figure of 1,680 Publicly-Listed Companies | 1.66x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = ASX:KOR Share Price ÷ Book Value per Share (both in AUD) = 0.03 ÷ 0.01 |
4.52x |
* Primary Listing of Korab Resources.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Korab Resources is overvalued based on assets compared to the AU Metals and Mining industry average.
Value checks
We assess Korab Resources's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check) Korab Resources has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
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 Korab 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Unable to compare Korab Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
- Unable to compare Korab Resources's earnings growth to the Australia market average as no estimate data is available.
- Unable to compare Korab Resources's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| Australia Metals and Mining Industry Earnings Growth Rate | Market Cap Weighted Average | 2.4% |
| Australia Metals and Mining Industry Revenue Growth Rate | Market Cap Weighted Average | 1% |
| Australia Market Earnings Growth Rate | Market Cap Weighted Average | 6.9% |
| Australia Market Revenue Growth Rate | Market Cap Weighted Average | 3.2% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in AUD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 0 | 0 | -1 |
| 2018-09-30 | 0 | 0 | -1 |
| 2018-06-30 | 0 | 0 | |
| 2018-03-31 | 0 | 0 | |
| 2017-12-31 | 0 | -1 | |
| 2017-09-30 | 0 | -1 | |
| 2017-06-30 | 0 | -1 | |
| 2017-03-31 | 0 | -1 | |
| 2016-12-31 | 0 | -1 | |
| 2016-09-30 | 0 | -1 | |
| 2016-06-30 | -1 | -1 | |
| 2016-03-31 | 0 | -1 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from Korab Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in AUD Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.00 |
| 2018-09-30 | 0.00 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 0.00 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
| 2016-12-31 | 0.00 |
| 2016-09-30 | 0.00 |
| 2016-06-30 | -0.01 |
| 2016-03-31 | -0.01 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Korab Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Korab Resources's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Korab Resources has a total score of 0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Korab Resources performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Korab Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
- Unable to compare Korab Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Korab Resources's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
All data from Korab Resources Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in AUD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 0.05 | -0.56 | -0.24 | |
| 2018-09-30 | 0.03 | -0.53 | -0.24 | |
| 2018-06-30 | -0.49 | -0.24 | ||
| 2018-03-31 | -0.50 | -0.21 | ||
| 2017-12-31 | -0.51 | -0.17 | ||
| 2017-09-30 | -0.56 | -0.19 | ||
| 2017-06-30 | -0.60 | -0.21 | ||
| 2017-03-31 | -0.61 | -0.21 | ||
| 2016-12-31 | -0.62 | -0.21 | ||
| 2016-09-30 | -0.87 | -0.19 | ||
| 2016-06-30 | -1.11 | -0.17 | ||
| 2016-03-31 | -1.16 | -0.18 | ||
| 2015-12-31 | -1.21 | -0.19 | ||
| 2015-09-30 | -1.03 | -0.13 | ||
| 2015-06-30 | -0.85 | -0.07 | ||
| 2015-03-31 | -2.18 | -0.01 | ||
| 2014-12-31 | -3.50 | 0.05 | ||
| 2014-09-30 | -3.51 | 0.18 | ||
| 2014-06-30 | -3.52 | 0.30 | ||
| 2014-03-31 | -2.41 | 0.37 | ||
| 2013-12-31 | -1.31 | 0.43 | ||
| 2013-09-30 | -1.55 | 0.42 | ||
| 2013-06-30 | -1.78 | 0.41 | ||
| 2013-03-31 | -1.75 | 0.44 | ||
| 2012-12-31 | -1.71 | 0.47 | ||
| 2012-09-30 | -1.57 | 0.42 | ||
| 2012-06-30 | -1.43 | 0.37 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- It is difficult to establish if Korab Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
- It is difficult to establish if Korab Resources has efficiently used its assets last year compared to the AU Metals and Mining industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if Korab Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Korab Resources's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Korab Resources has a total score of 0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Korab Resources's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Korab Resources's finances.
The net worth of a company is the difference between its assets and liabilities.
- Korab Resources's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
- Korab Resources's long term commitments exceed its cash and other short term assets.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Korab Resources Company Filings, last reported 4 months ago.
| Date (Data in AUD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 1.83 | 1.60 | 0.03 |
| 2018-09-30 | 1.83 | 1.60 | 0.03 |
| 2018-06-30 | 1.99 | 1.47 | 0.02 |
| 2018-03-31 | 1.99 | 1.47 | 0.02 |
| 2017-12-31 | 2.02 | 1.34 | 0.13 |
| 2017-09-30 | 2.02 | 1.34 | 0.13 |
| 2017-06-30 | 1.97 | 1.28 | 0.30 |
| 2017-03-31 | 1.97 | 1.28 | 0.30 |
| 2016-12-31 | 1.02 | 1.70 | 0.11 |
| 2016-09-30 | 1.02 | 1.70 | 0.11 |
| 2016-06-30 | 0.96 | 1.50 | 0.05 |
| 2016-03-31 | 0.96 | 1.50 | 0.05 |
| 2015-12-31 | 0.89 | 1.16 | 0.26 |
| 2015-09-30 | 0.89 | 1.16 | 0.26 |
| 2015-06-30 | 1.08 | 1.12 | 0.22 |
| 2015-03-31 | 1.08 | 1.12 | 0.22 |
| 2014-12-31 | 0.47 | 1.23 | 0.15 |
| 2014-09-30 | 0.47 | 1.23 | 0.15 |
| 2014-06-30 | 0.81 | 0.92 | 0.15 |
| 2014-03-31 | 0.81 | 0.92 | 0.15 |
| 2013-12-31 | 4.91 | 0.94 | 0.12 |
| 2013-09-30 | 4.91 | 0.94 | 0.12 |
| 2013-06-30 | 5.06 | 0.42 | 0.12 |
| 2013-03-31 | 5.06 | 0.42 | 0.12 |
| 2012-12-31 | 4.63 | 0.30 | 0.12 |
| 2012-09-30 | 4.63 | 0.30 | 0.12 |
| 2012-06-30 | 5.04 | 0.50 | 0.94 |
- Korab Resources's level of debt (87.3%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has increased over the past 5 years (19.3% vs 87.3% today).
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.
- Korab Resources has less than a year of cash runway based on current free cash flow.
- Korab Resources has less than a year of cash runway if free cash flow continues to reduce at historical rates of -23.3% each year.
Financial health checks
We assess Korab Resources's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Korab Resources has a total score of 0/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Korab Resources's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
A$2,000 of
Korab Resources
shares you are expected to receive
A$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Korab Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Korab Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Australia Metals and Mining Industry Average Dividend Yield | Market Cap Weighted Average of 36 Stocks | 3.8% |
| Australia Market Average Dividend Yield | Market Cap Weighted Average of 414 Stocks | 4.2% |
| Australia Minimum Threshold Dividend Yield | 10th Percentile | 1.5% |
| Australia Bottom 25% Dividend Yield | 25th Percentile | 2.6% |
| Australia Top 25% Dividend Yield | 75th Percentile | 5.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Korab Resources has not reported any payouts.
- Unable to verify if Korab Resources's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Korab Resources's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.5%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Korab Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Korab Resources has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
- Korab Resources has no CEO, or we have no data on them.
Management Team
Andrej Karpinski
Executive Chairman & Company Secretary
A$327K
61
Board of Directors Tenure
Average tenure and age of the Korab Resources board of directors in years:
- The average tenure for the Korab Resources board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors
Andrej Karpinski
Executive Chairman & Company Secretary
A$327K
61
21.2 yrs
Rodney Henry Skeet
Non-Executive Independent Director
A$26K
76
16.5 yrs
Dan Smetana
Non-Executive Independent Director
A$28K
74
5.6 yrs
Anthony Wills
Non-Executive Independent Director
A$28K
58
4 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (A$) | Value (A$) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess Korab Resources's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Korab Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
Do Directors Own Korab Resources Limited (ASX:KOR) Shares?
Every investor in Korab Resources Limited (ASX:KOR) should be aware of the most powerful shareholder groups. … Korab Resources is not a large company by global standards. … See our latest analysis for Korab Resources
Simply Wall St - – Full articleShould You Be Concerned About Korab Resources Limited's (ASX:KOR) Shareholders?
I am going to take a deep dive into Korab Resources Limited’s (ASX:KOR) most recent ownership structure, not a frequent subject of discussion among individual investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Therefore, it is beneficial for us to examine KOR's ownership structure in more detail.
Simply Wall St - – Full articleKorab Resources Limited (ASX:KOR): Time For A Financial Health Check
Investors are always looking for growth in small-cap stocks like Korab Resources Limited (ASX:KOR), with a market cap of AU$8.80m. … However, an important fact which most ignore is: how financially healthy is the business?
Simply Wall St - – Full articleKorab Resources Limited (ASX:KOR): Time For A Financial Health Check
How does KOR’s operating cash flow stack up against its debt? … With this debt payback, the current cash and short-term investment levels stands at AU$299.05K for investing into the business. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: KOR’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.
Simply Wall St - – Full articleIs Korab Resources Limited's (ASX:KOR) CEO Paid Enough To Stay Motivated?
Usually I would look at market cap and earnings as a proxy for performance, however, KOR's negative earnings reduces the effectiveness of this method. … Next Steps: Hopefully this article has given you insight on how shareholders should think about KOR's governance policies such as CEO pay. … If you have not done so already, I highly recommend you to complete your research by taking a look at the following: Governance: To find out more about KOR's governance, look through our infographic report of the company's board and management.
Simply Wall St - – Full articleWho Are Korab Resources Limited's (ASX:KOR) Major Shareholders?
In this article, I'm going to take a look at Korab Resources Limited’s (ASX:KOR) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … View our latest analysis for Korab Resources ASX:KOR Ownership_summary Mar 15th 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … As a result, potential investors should further explore the company's business relations with these companies and find out if they can affect shareholder returns in the long-term.Next Steps: Institutional ownership level and composition in KOR is not high nor active enough to significantly impact its investment thesis.
Simply Wall St - – Full articleShould You Have Korab Resources Limited's (ASX:KOR) In Your Portfolio?
Korab Resources has a beta of 2.41, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … KOR, with its market capitalisation of AU$8.91M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.
Simply Wall St - – Full articleWhat You Must Know About Korab Resources Limited's (ASX:KOR) Financial Strength
How does KOR’s operating cash flow stack up against its debt? … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: KOR’s debt and cash flow levels indicate room for improvement. … Its cash flow coverage of less than a quarter of debt means that operating efficiency could be an issue.
Simply Wall St - – Full articleDoes Korab Resources Limited's (ASX:KOR) 53% EPS Growth Reflect The Long-Term Trend?
When Korab Resources Limited (ASX:KOR) released its most recent earnings update (30 June 2017), I wanted to understand how these figures stacked up against its past performance. … The two benchmarks I used were Korab Resources's average earnings over the past couple of years, and its industry performance. … See our latest analysis for KOR How KOR fared against its long-term earnings performance and its industry To account for any quarterly or half-yearly updates, I use the ‘latest twelve-month’ data, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data.
Simply Wall St - – Full articleHave Investors Already Priced In Basic Materials Growth For Korab Resources Limited (ASX:KOR)?
Moreover, the basic materials sector can be affected by shifts in the housing market, as many produced raw materials are components of construction projects. … ASX:KOR PE PEG Gauge Nov 13th 17 The metals and mining industry is trading at a PE ratio of 14x, in-line with the Australian stock market PE of 17x. … If KOR has been on your watchlist for a while, now may be the time to enter into the stock, if you like its ability to deliver growth and are not highly concentrated in the metals and mining industry.
Simply Wall St - – Full articleCompany Info
Description
Korab Resources Limited engages in the exploration and evaluation of mineral properties. The company explores for gold, silver, phosphate rock, magnesium, tin, iron ore, copper, nickel, cobalt, lead, zinc, lithium, and rare earth metals. Its projects include the Bobrikovo project located in Ukraine; the Winchester magnesium and the Geolsec Phosphate projects situated in Darwin, Northern Territory; the Batchelor and the Green Alligator projects located in Darwin, Northern Territory; and the Mt. Elephant project situated in Western Australia. The company was founded in 1998 and is based in West Perth, Australia.
Details
| Name: | Korab Resources Limited |
| KOR | |
| Exchange: | ASX |
| Founded: | 1998 |
| A$8,402,368 | |
| 311,198,838 | |
| Website: | http://www.korabresources.com.au |
| Address: |
Korab Resources Limited 20 Prowse Street, West Perth, Western Australia, 6005, Australia |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| ASX | KOR | Ordinary Shares | Australian Securities Exchange | AU | AUD | 31. Aug 2005 | |
| CHIA | KOR | Ordinary Shares | Chi-X Australia | AU | AUD | 31. Aug 2005 |
Number of employees
Current staff
Industry
| Diversified Metals and Mining | |
| Materials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/24 10:33 |
| End of day share price update: | 2019/05/24 00:00 |
| Last earnings filing: | 2019/03/17 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/06/30 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
