Karora Resources Future Growth

Future criteria checks 4/6

Karora Resources is forecast to grow earnings and revenue by 81.3% and 17.8% per annum respectively while EPS is expected to grow by 86.6% per annum.

Key information

81.3%

Earnings growth rate

86.6%

EPS growth rate

Metals and Mining earnings growth	36.0%
Revenue growth rate	17.8%
Future return on equity	n/a
Analyst coverage	Low
Last updated	10 Jun 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

TSX:KRR - Analysts future estimates and past financials data (CAD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	611	167	211	222	4
12/31/2024	590	131	103	213	3
3/31/2024	435	14	40	154	N/A
12/31/2023	416	9	30	133	N/A
9/30/2023	411	20	45	137	N/A
6/30/2023	386	18	-35	120	N/A
3/31/2023	349	11	-69	97	N/A
12/31/2022	317	10	-83	88	N/A
9/30/2022	287	6	-90	85	N/A
6/30/2022	274	12	-32	85	N/A
3/31/2022	270	18	1	100	N/A
12/31/2021	264	27	14	106	N/A
9/30/2021	267	64	23	111	N/A
6/30/2021	258	89	16	105	N/A
3/31/2021	244	93	18	101	N/A
12/31/2020	239	88	22	94	N/A
9/30/2020	227	56	19	78	N/A
6/30/2020	210	19	28	58	N/A
3/31/2020	171	-5	6	31	N/A
12/31/2019	128	-7	-10	15	N/A
9/30/2019	103	-5	-32	-5	N/A
6/30/2019	104	-11	-27	-3	N/A
3/31/2019	118	3	-28	-8	N/A
12/31/2018	129	-8	-21	-8	N/A
9/30/2018	126	-100	-18	-10	N/A
6/30/2018	108	-104	-33	-17	N/A
3/31/2018	88	-99	-43	-16	N/A
12/31/2017	73	-90	N/A	-2	N/A
9/30/2017	53	-28	N/A	37	N/A
6/30/2017	39	-21	N/A	39	N/A
3/31/2017	37	-30	N/A	50	N/A
12/31/2016	33	-29	N/A	38	N/A
9/30/2016	23	-15	N/A	-3	N/A
6/30/2016	13	-11	N/A	-3	N/A
3/31/2016	1	-7	N/A	-6	N/A
12/31/2015	N/A	-5	N/A	-6	N/A
9/30/2015	N/A	-6	N/A	-5	N/A
6/30/2015	N/A	-6	N/A	-6	N/A
3/31/2015	N/A	-8	N/A	-6	N/A
12/31/2014	N/A	-10	N/A	-7	N/A
9/30/2014	N/A	-8	N/A	-7	N/A
6/30/2014	N/A	-8	N/A	-6	N/A
3/31/2014	N/A	-7	N/A	-6	N/A
12/31/2013	N/A	-7	N/A	-5	N/A
9/30/2013	N/A	-7	N/A	-5	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: KRR's forecast earnings growth (81.3% per year) is above the savings rate (2.1%).

Earnings vs Market: KRR's earnings (81.3% per year) are forecast to grow faster than the Canadian market (14.6% per year).

High Growth Earnings: KRR's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: KRR's revenue (17.8% per year) is forecast to grow faster than the Canadian market (7.1% per year).

High Growth Revenue: KRR's revenue (17.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if KRR's Return on Equity is forecast to be high in 3 years time

Karora Resources Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target decreased by 9.8% to CA$6.32

Karora Resources Inc. Provides Production Guidance for the Full Year 2024

Karora Resources Inc. Updates Production Guidance for the Full Year 2024

Consensus EPS estimates increase by 13%

Consensus EPS estimates increase by 12%

Consensus EPS estimates fall by 23%

Recent updates

Karora Resources Inc., Annual General Meeting, Jul 19, 2024

Director exercised options to buy CA$134k worth of stock.

First quarter 2024 earnings released: EPS: CA$0.012 (vs CA$0.017 loss in 1Q 2023)

Karora Resources Inc. to Report Q1, 2024 Results on May 13, 2024

Price target decreased by 9.8% to CA$6.32

Westgold Resources Limited (ASX:WGX) agreed to acquire Karora Resources Inc. (TSX:KRR).

Karora Resources Inc. Provides Production Guidance for the Full Year 2024

Ramelius Resources Ends Buyout Talks with Karora Resources

New minor risk - Profit margin trend

Karora Resources Inc. Updates Production Guidance for the Full Year 2024

Investor sentiment improves as stock rises 16%

Karora Resources (TSE:KRR) Seems To Use Debt Quite Sensibly

Karora Resources Inc. Drills 13.7% Ni over 2.6 Metres, and 15.4% Ni over 0.6 Metres Further Demonstrating the High-Grade Potential of the Open-Ended 50C Nickel Trough

Karora Resources Inc. Announces New Fletcher Zone Gold Drilling Results of 3.8 G/T over 33.0 Metres and 34.6 G/T over 2.0 Metres At Beta Hunt

Karora Resources Inc. to Report Q4, 2023 Results on Mar 22, 2024

Lead Independent Director exercised options and sold CA$203k worth of stock

Insider exercised options to buy CA$434k worth of stock.

Insider recently sold CA$376k worth of stock

Executive Chairman & CEO recently sold CA$100k worth of stock

Consensus EPS estimates increase by 13%

Consensus EPS estimates increase by 12%

Insider recently sold CA$82k worth of stock

Karora Resources Inc. Announces Strong Increases in Beta Hunt Gold Mineral Resources, Grades and Gold Mineral Reserves

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 23%

Karora Resources Inc. Provides Production Guidance for the Year 2023 and 2024

Karora Resources Inc. to Report Q3, 2023 Results on Nov 10, 2023

Consensus EPS estimates fall by 23%

Consensus EPS estimates fall by 13%

Is Karora Resources (TSE:KRR) A Risky Investment?

Karora Resources Inc. Announces Further Significant Results from Gold Exploration and Infill Drilling At the Beta Hunt Mine and Spargos Mine

Karora Resources Inc. Reports Results from Fletcher South Infill Drill Program Showing Strong Continuity with Intersections of 15.9 g/t Over 6.0 Metres and 4.8 g/t Over 32.0 Metres

Executive Chairman & CEO exercised options to buy CA$671k worth of stock.

Executive Chairman & CEO recently sold CA$374k worth of stock

Executive Chairman & CEO exercised options to buy CA$515k worth of stock.

Karora Resources Appoints Tony Makuch to the Board of Directors

Karora Resources Inc. Provides Production Guidance for the Year Ending December 31, 2023 and Year Ending December 31, 2024

Second quarter 2023 earnings: EPS misses analyst expectations

Karora Resources Inc. Announces Additional Significant Results from Gold Exploration Drilling Targeting the Fletcher Zone At the Beta Hunt Mine

Karora Resources Inc. to Report Q2, 2023 Results on Aug 14, 2023

Karora Resources Inc. Provides Production Guidance for the Full Year 2023

Consensus EPS estimates increase by 32%, revenue downgraded

Karora Resources (TSE:KRR) Takes On Some Risk With Its Use Of Debt

Independent Director exercised options to buy CA$584k worth of stock.

Insider exercised options to buy CA$72k worth of stock.

Consensus EPS estimates increase by 38%, revenue downgraded

First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Karora Resources Inc., Annual General Meeting, Jun 22, 2023

Executive Chairman & CEO recently sold CA$854k worth of stock

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates fall by 44%

Consensus EPS estimates increase by 131%

Are Investors Undervaluing Karora Resources Inc. (TSE:KRR) By 43%?

Karora Resources Inc. Announces Significant Increases in Beta Hunt Gold Mineral Resources and Gold Mineral Reserves

Karora Resources (TSE:KRR) Takes On Some Risk With Its Use Of Debt

Price target increased by 8.1% to CA$6.50

Karora Resources Inc. Drills 9.5 g/t Over 7.1 metres at Western Flanks Deeps and Extends Potential Mineralized Strike at New Mason Zone to 700 metres

Consensus EPS estimates have been upgraded.

Insider recently sold CA$81k worth of stock

Insider recently sold CA$81k worth of stock

Lead Independent Director exercised options to buy CA$496k worth of stock.

Executive Chairman & CEO recently sold CA$422k worth of stock

Consensus EPS estimates increase by 45%

Karora Resources (TSE:KRR) Might Have The Makings Of A Multi-Bagger

Third quarter 2022 earnings released: EPS: CA$0.025 (vs CA$0.07 in 3Q 2021)

Karora Resources Inc. Provides Consolidated Production Guidance for the Full Year of 2022, 2023 and 2024

Karora Resources Inc. to Report Q3, 2022 Results on Nov 07, 2022

Investor sentiment improved over the past week

Karora Resources Drills 12.0 G/T over 17.0 Metres in New Mason Zone and Extends Western Flanks Mineralization to 250 Metres Below Current Mineral Resource