Kingwest Resources Limited, together with its subsidiaries, engages in the acquisition and exploration gold deposits in Western Australia.
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.14|
|52 Week High||AU$0.063|
|52 Week Low||AU$0.25|
|1 Month Change||0%|
|3 Month Change||58.82%|
|1 Year Change||-41.30%|
|3 Year Change||-22.86%|
|5 Year Change||n/a|
|Change since IPO||-27.03%|
Recent News & Updates
|KWR||AU Metals and Mining||AU Market|
Return vs Industry: KWR underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: KWR underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: KWR is more volatile than 90% of Australian stocks over the past 3 months, typically moving +/- 17% a week.
Volatility Over Time: KWR's weekly volatility has increased from 12% to 17% over the past year.
About the Company
Kingwest Resources Limited, together with its subsidiaries, engages in the acquisition and exploration gold deposits in Western Australia. It holds interest in the Menzies Gold Project and the Goongarrie Gold Project located in Kalgoorlie, Western Australia. The company was incorporated in 2018 and is based in Subiaco, Australia.
Kingwest Resources Fundamentals Summary
|KWR fundamental statistics|
Is KWR overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KWR income statement (TTM)|
|Cost of Revenue||AU$0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0092|
|Net Profit Margin||-7,237.89%|
How did KWR perform over the long term?See historical performance and comparison
Is Kingwest 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 KWR's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate KWR's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: KWR is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: KWR 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 KWR's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KWR is good value based on its PB Ratio (1.4x) compared to the AU Metals and Mining industry average (2.6x).
How is Kingwest 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 Kingwest 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.
How has Kingwest Resources performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: KWR is currently unprofitable.
Growing Profit Margin: KWR is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if KWR's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare KWR's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KWR 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: KWR has a negative Return on Equity (-9.72%), as it is currently unprofitable.
How is Kingwest Resources's financial position?
Financial Position Analysis
Short Term Liabilities: KWR's short term assets (A$3.2M) exceed its short term liabilities (A$783.4K).
Long Term Liabilities: KWR's short term assets (A$3.2M) exceed its long term liabilities (A$3.3K).
Debt to Equity History and Analysis
Debt Level: KWR is debt free.
Reducing Debt: KWR had no debt 5 years ago.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: KWR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KWR has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.6% each year
What is Kingwest Resources's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KWR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KWR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KWR's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KWR's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KWR's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Edward James Turner, also known as Ed, B App Sc (Geol), MAIG, serves as Chief Executive Officer at Kingwest Resources Limited since September 18, 2019. He had been General Manager of Geology & Explorat...
CEO Compensation Analysis
Compensation vs Market: Ed's total compensation ($USD252.42K) is about average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Ed's compensation has increased whilst the company is unprofitable.
Experienced Management: KWR's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Experienced Board: KWR's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KWR insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 35.5%.
Kingwest Resources Limited's employee growth, exchange listings and data sources
- Name: Kingwest Resources Limited
- Ticker: KWR
- Exchange: ASX
- Founded: 2018
- Industry: Gold
- Sector: Materials
- Market Cap: AU$28.117m
- Shares outstanding: 208.28m
- Website: https://www.kingwestresources.com.au
- Kingwest Resources Limited
- Churchill Court
- Unit 3
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:38|
|End of Day Share Price||2021/10/18 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.