King River Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral resources in Australia. More Details
Adequate balance sheet and overvalued.
Share Price & News
How has King River Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KRR is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: KRR's weekly volatility has decreased from 15% to 8% over the past year.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: KRR underperformed the Australian Metals and Mining industry which returned 13% over the past year.
Return vs Market: KRR underperformed the Australian Market which returned -1% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is King River Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall StWe Think King River Resources (ASX:KRR) Needs To Drive Business Growth Carefully
6 months ago | Simply Wall StIf You Had Bought King River Resources (ASX:KRR) Shares Three Years Ago You'd Have Made 680%
8 months ago | Simply Wall StWhat Kind Of Shareholders Own King River Resources Limited (ASX:KRR)?
Is King River Resources undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate KRR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate KRR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: KRR is unprofitable, so we can't compare its PE Ratio to the AU Metals and Mining industry average.
PE vs Market: KRR 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 KRR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KRR is good value based on its PB Ratio (1.8x) compared to the AU Metals and Mining industry average (2.6x).
How is King River Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 King River 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.
- Examine King River Resources's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- King River Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has King River Resources performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KRR is currently unprofitable.
Growing Profit Margin: KRR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KRR is unprofitable, and losses have increased over the past 5 years at a rate of 35.2% per year.
Accelerating Growth: Unable to compare KRR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KRR is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (38%).
Return on Equity
High ROE: KRR has a negative Return on Equity (-6.34%), as it is currently unprofitable.
How is King River Resources's financial position?
Financial Position Analysis
Short Term Liabilities: KRR's short term assets (A$635.9K) do not cover its short term liabilities (A$852.3K).
Long Term Liabilities: KRR's short term assets (A$635.9K) exceed its long term liabilities (A$55.3K).
Debt to Equity History and Analysis
Debt Level: KRR's debt to equity ratio (2.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if KRR's debt to equity ratio has reduced over the past 5 years.
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: KRR has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: KRR is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.
What is King River Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KRR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KRR'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 KRR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KRR'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 KRR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
King River Resources has no CEO, or we have no data on them.
|Joint Company Secretary & Non-Executive Director||6.33yrs||AU$43.80k||2.29% |
|Non-Executive Chairman||13.5yrs||AU$43.80k||6.74% |
|Independent Non-Executive Director||8.92yrs||AU$43.80k||1.17% |
Experienced Board: KRR's board of directors are considered experienced (8.9 years average tenure).
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 24.4%.
King River Resources Limited's company bio, employee growth, exchange listings and data sources
- Name: King River Resources Limited
- Ticker: KRR
- Exchange: ASX
- Founded: 2002
- Industry: Diversified Metals and Mining
- Sector: Materials
- Market Cap: AU$38.838m
- Shares outstanding: 1.55b
- Website: https://kingriverresources.com.au
- King River Resources Limited
- 254 Adelaide Tce
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KRR||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Sep 2007|
|KRR||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Sep 2007|
King River Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral resources in Australia. The company primarily explores for gold, alumina, vanadium, titan...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/25 10:40|
|End of Day Share Price||2020/11/25 00:00|
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.