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KSN

Kingston ResourcesASX:KSN Stock Report

Market Cap

AU$57.2m

7D

7.5%

1Y

-20.4%

Updated

26 Oct, 2021

Data

Company Financials
KSN fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

KSN Overview

Kingston Resources Limited engages in the exploration and evaluation of mineral properties in Australia.

Price History & Performance

Summary of all time highs, changes and price drops for Kingston Resources
Historical stock prices
Current Share PriceAU$0.21
52 Week HighAU$0.17
52 Week LowAU$0.33
Beta1.61
1 Month Change10.26%
3 Month Change4.88%
1 Year Change-20.37%
3 Year Change7.50%
5 Year Change7.50%
Change since IPO-99.63%

Recent News & Updates

Feb 04
Michael Wilkes Is The Non-Executive Chairman of Kingston Resources Limited (ASX:KSN) And They Just Picked Up 318% More Shares

Michael Wilkes Is The Non-Executive Chairman of Kingston Resources Limited (ASX:KSN) And They Just Picked Up 318% More Shares

Investors who take an interest in Kingston Resources Limited ( ASX:KSN ) should definitely note that the Non-Executive...

Shareholder Returns

KSNAU Metals and MiningAU Market
7D7.5%-0.4%0.8%
1Y-20.4%15.6%24.4%

Return vs Industry: KSN underperformed the Australian Metals and Mining industry which returned 15.6% over the past year.

Return vs Market: KSN underperformed the Australian Market which returned 24.4% over the past year.

Price Volatility

Is KSN's price volatile compared to industry and market?
KSN volatility
KSN Beta1.61
Industry Beta0.97
Market Beta1

Stable Share Price: KSN is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: KSN's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985n/aAndrew Corbetthttps://www.kingstonresources.com.au

Kingston Resources Limited engages in the exploration and evaluation of mineral properties in Australia. The company’s flagship project is the Misima gold project located in the Solomon Sea. The company was formerly known as NuWorld Solutions Limited and changed its name to Kingston Resources Limited in October 2012.

Kingston Resources Fundamentals Summary

How do Kingston Resources's earnings and revenue compare to its market cap?
KSN fundamental statistics
Market CapAU$57.23m
Earnings (TTM)-AU$1.95m
Revenue (TTM)n/a

0x

P/S Ratio

-31.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KSN income statement (TTM)
RevenueAU$0
Cost of RevenueAU$0
Gross ProfitAU$0
ExpensesAU$1.95m
Earnings-AU$1.95m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0068
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.1%

How did KSN perform over the long term?

See historical performance and comparison

Valuation

Is Kingston Resources undervalued compared to its fair value and its price relative to the market?

1.51x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate KSN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate KSN's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

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


Price to Book Ratio

PB vs Industry: KSN is good value based on its PB Ratio (1.5x) compared to the AU Metals and Mining industry average (2.6x).


Future Growth

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

-0.5%

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 Kingston 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.


Past Performance

How has Kingston Resources performed over the past 5 years?

22.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KSN is currently unprofitable.

Growing Profit Margin: KSN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KSN is unprofitable, but has reduced losses over the past 5 years at a rate of 22.8% per year.

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

Earnings vs Industry: KSN 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: KSN has a negative Return on Equity (-4.8%), as it is currently unprofitable.


Financial Health

How is Kingston Resources's financial position?


Financial Position Analysis

Short Term Liabilities: KSN's short term assets (A$12.1M) exceed its short term liabilities (A$1.6M).

Long Term Liabilities: KSN's short term assets (A$12.1M) exceed its long term liabilities (A$34.8K).


Debt to Equity History and Analysis

Debt Level: KSN's debt to equity ratio (0.1%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if KSN'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: KSN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: KSN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.3% each year


Dividend

What is Kingston Resources's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if KSN'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 KSN'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?

3.3yrs

Average management tenure


CEO

Andrew Corbett

5.25yrs

Tenure

AU$471,164

Compensation

Mr. Andrew Corbett, B Eng (Mining, Hons), MBA, has been the Chief Executive Officer, Managing Director and Director at Kingston Resources Limited since July 4, 2016. Mr. Corbett has been an Analyst at Perp...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD353.20K) is about average for companies of similar size in the Australian market ($USD301.38K).

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


Leadership Team

Experienced Management: KSN's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: KSN's board of directors are considered experienced (5.3 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 24.1%.


Top Shareholders

Company Information

Kingston Resources Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Kingston Resources Limited
  • Ticker: KSN
  • Exchange: ASX
  • Founded: 1985
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Market Cap: AU$57.231m
  • Shares outstanding: 286.15m
  • Website: https://www.kingstonresources.com.au

Location

  • Kingston Resources Limited
  • 201/110 Pacific Highway
  • North Sydney
  • New South Wales
  • 2060
  • Australia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 07:02
End of Day Share Price2021/10/26 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.