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King River Resources

ASX:KRR
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KRR
ASX
A$37M
Market Cap
  1. Home
  2. AU
  3. Materials
Company description

King River Resources Limited engages in the exploration and development of mineral resources in Australia. The last earnings update was 98 days ago. More info.


Add to Portfolio Compare Print
  • King River Resources has significant price volatility in the past 3 months.
KRR Share Price and Events
7 Day Returns
-3.2%
ASX:KRR
3.5%
AU Metals and Mining
-0.1%
AU Market
1 Year Returns
-68.8%
ASX:KRR
13.3%
AU Metals and Mining
5.1%
AU Market
KRR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
King River Resources (KRR) -3.2% -9.1% 3.4% -68.8% 328.6% -77.8%
AU Metals and Mining 3.5% 2.3% 6% 13.3% 81.8% 17.8%
AU Market -0.1% 2.5% 5.5% 5.1% 22.3% 12.3%
1 Year Return vs Industry and Market
  • KRR underperformed the Metals and Mining industry which returned 13.3% over the past year.
  • KRR underperformed the Market in Australia which returned 5.1% over the past year.
Price Volatility
KRR
Industry
5yr Volatility vs Market

Value

 Is King River Resources undervalued based on future cash flows and its price relative to the stock market?

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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for King River Resources. This is due to cash flow or dividend data being unavailable. The share price is A$0.03.
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 King River Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are King River Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
ASX:KRR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in AUD A$0.00
ASX:KRR Share Price ** ASX (2019-06-18) in AUD A$0.03
Australia Metals and Mining Industry PE Ratio Median Figure of 78 Publicly-Listed Metals and Mining Companies 10.65x
Australia Market PE Ratio Median Figure of 545 Publicly-Listed Companies 16.14x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of King River Resources.

ASX:KRR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= ASX:KRR Share Price ÷ EPS (both in AUD)

= 0.03 ÷ 0.00

-27.03x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • King River Resources is loss making, we can't compare its value to the AU Metals and Mining industry average.
  • King River Resources is loss making, we can't compare the value of its earnings to the Australia market.
Price based on expected Growth
Does King River Resources's expected growth come at a high price?
Raw Data
ASX:KRR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -27.03x
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 39 Publicly-Listed Metals and Mining Companies 0.84x
Australia Market PEG Ratio Median Figure of 359 Publicly-Listed Companies 1.4x

*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 King River Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on King River Resources's assets?
Raw Data
ASX:KRR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in AUD A$0.02
ASX:KRR Share Price * ASX (2019-06-18) in AUD A$0.03
Australia Metals and Mining Industry PB Ratio Median Figure of 588 Publicly-Listed Metals and Mining Companies 1.46x
Australia Market PB Ratio Median Figure of 1,688 Publicly-Listed Companies 1.64x
ASX:KRR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= ASX:KRR Share Price ÷ Book Value per Share (both in AUD)

= 0.03 ÷ 0.02

1.89x

* Primary Listing of King River Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • King River Resources is overvalued based on assets compared to the AU Metals and Mining industry average.
X
Value checks
We assess King River Resources's value by looking at:
  1. 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. )
  2. 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)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. King River 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

 How is King River Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 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!
Annual Growth Rate
2%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is King River Resources expected to grow at an attractive rate?
  • Unable to compare King River Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare King River Resources's earnings growth to the Australia market average as no estimate data is available.
  • Unable to compare King River Resources's revenue growth to the Australia market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
ASX:KRR Future Growth Rates Data Sources
Data Point Source Value (per year)
Australia Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 2%
Australia Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.1%
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
Raw Data
ASX:KRR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in AUD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
ASX:KRR Past Financials Data
Date (Data in AUD Millions) Revenue Cash Flow Net Income *
2018-12-31 0 -1 -1
2018-09-30 0 -1 -1
2018-06-30 0 0 -1
2018-03-31 0 0 -1
2017-12-31 0 0 0
2017-09-30 0 0 0
2017-06-30 0 0 0
2017-03-31 0 0 0
2016-12-31 0 0 0
2016-09-30 0 0 0
2016-06-30 0 0 0
2016-03-31 0 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if King River Resources is high growth as no earnings estimate data is available.
  • Unable to determine if King River Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
ASX:KRR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from King River Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:KRR Past Financials Data
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 0.00
2016-03-31 0.00

*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 King River Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. King River Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. King River Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess King River Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Australia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Australia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
King River 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 King River 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
Below we compare King River Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • King River 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 King River Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare King River Resources's 1-year growth to the AU Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
King River Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from King River Resources Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

ASX:KRR Past Revenue, Cash Flow and Net Income Data
Date (Data in AUD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 0.00 -1.20 0.84
2018-09-30 0.00 -1.03 0.77
2018-06-30 0.00 -0.87 0.70
2018-03-31 0.00 -0.64 0.57
2017-12-31 0.00 -0.41 0.44
2017-09-30 0.00 -0.42 0.44
2017-06-30 0.00 -0.42 0.44
2017-03-31 0.00 -0.30 0.43
2016-12-31 0.00 -0.18 0.43
2016-09-30 0.00 -0.19 0.42
2016-06-30 0.00 -0.19 0.42
2016-03-31 0.00 -0.24 0.43
2015-12-31 0.00 -0.29 0.44
2015-09-30 0.00 -0.27 0.44
2015-06-30 0.00 -0.25 0.44
2015-03-31 0.01 -0.48 0.62
2014-12-31 0.01 -0.71 0.81
2014-09-30 0.01 -0.71 0.75
2014-06-30 0.02 -0.72 0.70
2014-03-31 0.02 -9.20 0.68
2013-12-31 0.02 -17.69 0.66
2013-09-30 0.02 -17.58 0.68
2013-06-30 0.01 -17.47 0.71
2013-03-31 0.03 -8.81 0.81
2012-12-31 0.04 -0.16 0.91
2012-09-30 0.17 -0.40 1.08
2012-06-30 0.30 -0.64 1.25

*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 King River 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 King River 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 King River Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess King River Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
King River 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 King River 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 King River Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • King River Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • King River Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of King River Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • King River Resources has no debt, it does not need to be covered by short term assets.
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.
Raw Data

All data from King River Resources Company Filings, last reported 5 months ago.

ASX:KRR Past Debt and Equity Data
Date (Data in AUD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 18.70 0.00 4.15
2018-09-30 18.70 0.00 4.15
2018-06-30 19.21 0.00 4.62
2018-03-31 19.21 0.00 4.62
2017-12-31 12.10 0.00 0.78
2017-09-30 12.10 0.00 0.78
2017-06-30 10.86 0.00 0.72
2017-03-31 10.86 0.00 0.72
2016-12-31 9.86 0.00 0.14
2016-09-30 9.86 0.00 0.14
2016-06-30 9.09 0.00 0.47
2016-03-31 9.09 0.00 0.47
2015-12-31 8.94 0.00 0.61
2015-09-30 8.94 0.00 0.61
2015-06-30 8.16 0.00 0.88
2015-03-31 8.16 0.00 0.88
2014-12-31 6.79 0.00 0.28
2014-09-30 6.79 0.00 0.28
2014-06-30 6.10 0.00 1.24
2014-03-31 6.10 0.00 1.24
2013-12-31 5.11 0.00 0.63
2013-09-30 5.11 0.00 0.63
2013-06-30 5.40 0.00 1.76
2013-03-31 5.40 0.00 1.76
2012-12-31 23.04 0.00 1.13
2012-09-30 23.04 0.00 1.13
2012-06-30 22.03 0.00 0.89
  • King River Resources has no debt.
  • King River Resources has not taken on any debt in 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.

  • King River Resources has less than a year of cash runway based on current free cash flow.
  • King River Resources has less than a year of cash runway if free cash flow continues to grow at historical rates of 27.9% each year.
X
Financial health checks
We assess King River Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. King River Resources has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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 King River 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
Dividend payments
0%
Current annual income from King River Resources dividends.
If you bought A$2,000 of King River Resources shares you are expected to receive A$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate King River Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate King River 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.
Raw Data
ASX:KRR Annualized Past and Future Dividends
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 37 Stocks 3.7%
Australia Market Average Dividend Yield Market Cap Weighted Average of 415 Stocks 4.2%
Australia Minimum Threshold Dividend Yield 10th Percentile 1.6%
Australia Bottom 25% Dividend Yield 25th Percentile 2.6%
Australia Top 25% Dividend Yield 75th Percentile 5.8%

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 King River Resources has not reported any payouts.
  • Unable to verify if King River Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of King River Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as King River Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess King River Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can King River Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. King River 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

 What is the CEO of King River Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • King River Resources has no CEO, or we have no data on them.
Management Team

Greg MacMillan

TITLE
Company Secretary & Non-Executive Director
COMPENSATION
A$59K
AGE
59
TENURE
6.8 yrs

Andrew Chapman

TITLE
Project Geologist
COMPENSATION
A$203K

Kathrin Gerstmayr

TITLE
Joint Company Secretary
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the King River Resources board of directors in years:

7.5
Average Tenure
61
Average Age
  • The tenure for the King River Resources board of directors is about average.
Board of Directors

Anthony Barton

TITLE
Non Executive Chairman
COMPENSATION
A$59K
AGE
61
TENURE
12.1 yrs

Greg MacMillan

TITLE
Company Secretary & Non-Executive Director
COMPENSATION
A$59K
AGE
59
TENURE
4.9 yrs

Leon Charuckyj

TITLE
Non-Executive Director
COMPENSATION
A$59K
AGE
71
TENURE
7.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (A$) Value (A$)
23. Jul 18 Sell Australian Heritage Funds Pty Ltd. Company 19. Jul 18 19. Jul 18 -22,072,885 A$0.12 A$-2,648,737
23. Jul 18 Buy Gregory MacMillan Individual 19. Jul 18 19. Jul 18 10,768,318 A$0.12 A$1,292,194
23. Jul 18 Sell Anthony Barton Individual 19. Jul 18 19. Jul 18 -20,000,000 A$0.12 A$-2,399,992
23. Jul 18 Sell Australian Heritage Funds Pty Ltd. Company 23. Jul 18 23. Jul 18 -22,072,885 A$0.12 A$-2,648,738
23. Jul 18 Sell Anthony Barton Individual 23. Jul 18 23. Jul 18 -20,000,000 A$0.12 A$-2,399,992
X
Management checks
We assess King River Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. King River 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

Read This Before Buying King River Resources Limited (ASX:KRR) Shares

So shareholders might well want to know whether insiders have been buying or selling shares in King River Resources Limited (ASX:KRR). … Check out our latest analysis for King River Resources King River Resources Insider Transactions Over The Last Year Over the last year, we can see that the biggest insider sale was by the Non Executive Chairman, Anthony Barton, for AU$2.4m worth of shares, at about AU$0.12 per share. … From our data, it seems that King River Resources insiders own 14% of the company, worth about AU$5.2m.

Simply Wall St -

Do Institutions Own King River Resources Limited (ASX:KRR) Shares?

Our analysis of the ownership of the company, below, shows that institutions don't own many shares in the company. … Insider Ownership Of King River Resources The definition of company insiders can be subjective, and does vary between jurisdictions. … Private Company Ownership We can see that Private Companies own 4.1%, of the shares on issue.

Simply Wall St -

King River Resources Limited (ASX:KRR): Time For A Financial Health Check

The direct benefit for King River Resources Limited (ASX:KRR), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is KRR will have to adhere to stricter debt covenants and have less financial flexibility. … Does KRR's growth rate justify its decision for financial flexibility over lower cost of capital.

Simply Wall St -

What Kind Of Investor Owns Most Of King River Resources Limited (ASX:KRR)?

If you want to know who really controls King River Resources Limited (ASX:KRR), then you'll have to look at the makeup of its share registry. … With a market capitalization of AU$47m, King River Resources is a small cap stock, so it might not be well known by many institutional investors. … institutions are not really that prevalent on the share registry

Simply Wall St -

Company Info

Description

King River Resources Limited engages in the exploration and development of mineral resources in Australia. The company primarily explores for gold, silver, and copper deposits. It owns a 100% interest in tenements covering approximately 640 square kilometers in the East Kimberley region of Western Australia. The company was formerly known as King River Copper Limited. King River Resources Limited was incorporated in 2002 and is based in Perth, Australia.

Details
Name: King River Resources Limited
KRR
Exchange: ASX
Founded: 2002
A$37,159,156
1,238,638,553
Website: http://kingriverresources.com.au
Address: King River Resources Limited
254 Adelaide Tce,
Perth,
Western Australia, 6000,
Australia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
ASX KRR Ordinary Shares Australian Securities Exchange AU AUD 21. Sep 2007
Number of employees
Current staff
Staff numbers
0
King River Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/19 10:40
End of day share price update: 2019/06/18 00:00
Last earnings filing: 2019/03/13
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.