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KRM

Kingsrose MiningASX:KRM Stock Report

Market Cap

AU$37.2m

7D

4.0%

1Y

52.9%

Updated

20 Oct, 2021

Data

Company Financials
KRM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

KRM Overview

Kingsrose Mining Limited engages in the production, exploration, and development of gold and silver properties.

Kingsrose Mining Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kingsrose Mining
Historical stock prices
Current Share PriceAU$0.052
52 Week HighAU$0.031
52 Week LowAU$0.064
Beta0.48
1 Month Change15.56%
3 Month Change-5.46%
1 Year Change52.94%
3 Year Change20.93%
5 Year Change-62.86%
Change since IPO-82.67%

Recent News & Updates

Aug 10
Why The 32% Return On Capital At Kingsrose Mining (ASX:KRM) Should Have Your Attention

Why The 32% Return On Capital At Kingsrose Mining (ASX:KRM) Should Have Your Attention

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...

May 06
Should You Be Adding Kingsrose Mining (ASX:KRM) To Your Watchlist Today?

Should You Be Adding Kingsrose Mining (ASX:KRM) To Your Watchlist Today?

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Mar 17
What Do The Returns At Kingsrose Mining (ASX:KRM) Mean Going Forward?

What Do The Returns At Kingsrose Mining (ASX:KRM) Mean Going Forward?

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'll want to see a proven...

Shareholder Returns

KRMAU Metals and MiningAU Market
7D4.0%3.6%1.7%
1Y52.9%11.3%20.2%

Return vs Industry: KRM exceeded the Australian Metals and Mining industry which returned 11.3% over the past year.

Return vs Market: KRM exceeded the Australian Market which returned 20.2% over the past year.

Price Volatility

Is KRM's price volatile compared to industry and market?
KRM volatility
KRM Beta0.48
Industry Beta0.97
Market Beta1

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

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

About the Company

FoundedEmployeesCEOWebsite
2005n/aFabian Bakerhttps://www.kingsrosemining.com.au

Kingsrose Mining Limited engages in the production, exploration, and development of gold and silver properties. The company holds an 85% interest in the Way Linggo project located in South Sumatra, Indonesia. Kingsrose Mining Limited was incorporated in 2005 and is based in West Perth, Australia.

Kingsrose Mining Fundamentals Summary

How do Kingsrose Mining's earnings and revenue compare to its market cap?
KRM fundamental statistics
Market CapAU$37.23m
Earnings (TTM)-AU$6.61m
Revenue (TTM)AU$18.38m

2.1x

P/S Ratio

-5.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KRM income statement (TTM)
RevenueAU$18.38m
Cost of RevenueAU$12.23m
Gross ProfitAU$6.15m
ExpensesAU$12.76m
Earnings-AU$6.61m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0091
Gross Margin33.45%
Net Profit Margin-35.98%
Debt/Equity Ratio0%

How did KRM perform over the long term?

See historical performance and comparison

Valuation

Is Kingsrose Mining undervalued compared to its fair value and its price relative to the market?

13.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: KRM (A$0.05) is trading below our estimate of fair value (A$0.06)

Significantly Below Fair Value: KRM is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: KRM is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.

PE vs Market: KRM 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 KRM's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KRM is good value based on its PB Ratio (0.8x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

0.7%

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 Kingsrose 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 Kingsrose Mining performed over the past 5 years?

47.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KRM is currently unprofitable.

Growing Profit Margin: KRM is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KRM is unprofitable, but has reduced losses over the past 5 years at a rate of 47.5% per year.

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

Earnings vs Industry: KRM 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: KRM has a negative Return on Equity (-13.21%), as it is currently unprofitable.


Financial Health

How is Kingsrose Mining's financial position?


Financial Position Analysis

Short Term Liabilities: KRM's short term assets (A$33.0M) exceed its short term liabilities (A$1.0M).

Long Term Liabilities: KRM's short term assets (A$33.0M) exceed its long term liabilities (A$1.7M).


Debt to Equity History and Analysis

Debt Level: KRM is debt free.

Reducing Debt: KRM has no debt compared to 5 years ago when its debt to equity ratio was 11.5%.


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: Whilst unprofitable KRM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: KRM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 46.7% per year.


Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: KRM is not paying a notable dividend for the Australian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KRM'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?

0.8yrs

Average management tenure


CEO

Fabian Baker (34 yo)

0.67

Tenure

AU$277,151

Compensation

Mr. Fabian Nikolaus Baker, BSc Applied Geology has been Managing Director and Director at Kingsrose Mining Limited since June 25, 2021 and as its Chief Executive Officer since February 08, 2021. Mr. Baker...


Leadership Team

Experienced Management: KRM's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: KRM's board of directors are not considered experienced ( 0.9 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Kingsrose Mining Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Kingsrose Mining Limited
  • Ticker: KRM
  • Exchange: ASX
  • Founded: 2005
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$37.230m
  • Shares outstanding: 730.01m
  • Website: https://www.kingsrosemining.com.au

Number of Employees


Location

  • Kingsrose Mining Limited
  • 45 Ventnor Avenue
  • West Perth
  • Western Australia
  • 6005
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 07:04
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
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.