| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 0/6 |
KRR Stock Overview
Karora Resources Inc. operates as a multi-operational mineral resource company in Australia.
Karora Resources Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CA$4.80 |
| 52 Week High | CA$7.55 |
| 52 Week Low | CA$3.03 |
| Beta | 0.21 |
| 1 Month Change | -28.14% |
| 3 Month Change | -8.75% |
| 1 Year Change | 11.37% |
| 3 Year Change | 177.06% |
| 5 Year Change | 407.94% |
| Change since IPO | -46.67% |
Recent News & Updates
Downgrade: Here's How Analysts See Karora Resources Inc. (TSE:KRR) Performing In The Near Term
The analysts covering Karora Resources Inc. ( TSE:KRR ) delivered a dose of negativity to shareholders today, by making...
Shareholder Returns
| KRR | CA Metals and Mining | CA Market | |
|---|---|---|---|
| 7D | -5.9% | 4.0% | 0.8% |
| 1Y | 11.4% | -7.4% | 4.9% |
Return vs Industry: KRR exceeded the Canadian Metals and Mining industry which returned -7.4% over the past year.
Return vs Market: KRR exceeded the Canadian Market which returned 4.8% over the past year.
Price Volatility
| KRR volatility | |
|---|---|
| KRR Average Weekly Movement | 8.1% |
| Metals and Mining Industry Average Movement | 10.8% |
| Market Average Movement | 9.9% |
| 10% most volatile stocks in CA Market | 16.9% |
| 10% least volatile stocks in CA Market | 4.3% |
Stable Share Price: KRR is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: KRR's weekly volatility (8%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2006 | 210 | Paul Huet | https://www.karoraresources.com |
Karora Resources Inc. operates as a multi-operational mineral resource company in Australia. The company explores for gold and nickel deposits. It holds 100% interests in the Beta Hunt Gold Mine; the Higginsville Gold Operations; and Spargos Reward Gold Project located in Western Australia.
Karora Resources Fundamentals Summary
| KRR fundamental statistics | |
|---|---|
| Market Cap | CA$745.25m |
| Earnings (TTM) | CA$18.13m |
| Revenue (TTM) | CA$270.17m |
41.1x
P/E Ratio2.8x
P/S RatioIs KRR overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| KRR income statement (TTM) | |
|---|---|
| Revenue | CA$270.17m |
| Cost of Revenue | CA$151.33m |
| Gross Profit | CA$118.85m |
| Other Expenses | CA$100.72m |
| Earnings | CA$18.13m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.12 |
| Gross Margin | 43.99% |
| Net Profit Margin | 6.71% |
| Debt/Equity Ratio | 12.9% |
How did KRR perform over the long term?
See historical performance and comparisonValuation
Is Karora Resources undervalued compared to its fair value and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KRR (CA$4.8) is trading below our estimate of fair value (CA$34.7)
Significantly Below Fair Value: KRR is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KRR is poor value based on its PE Ratio (41.1x) compared to the Canadian Metals and Mining industry average (11x).
PE vs Market: KRR is poor value based on its PE Ratio (41.1x) compared to the Canadian market (11.5x).
Price to Earnings Growth Ratio
PEG Ratio: KRR is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: KRR is overvalued based on its PB Ratio (2.9x) compared to the CA Metals and Mining industry average (2x).
Future Growth
How is Karora Resources forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Future Growth Score
4/6Future Growth Score 4/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
40.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: KRR's forecast earnings growth (40.6% per year) is above the savings rate (1.6%).
Earnings vs Market: KRR's earnings (40.6% per year) are forecast to grow faster than the Canadian market (7.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: KRR's revenue (16.2% per year) is forecast to grow faster than the Canadian market (6.4% per year).
High Growth Revenue: KRR's revenue (16.2% 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
Past Performance
How has Karora Resources performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
64.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KRR has high quality earnings.
Growing Profit Margin: KRR's current net profit margins (6.7%) are lower than last year (38.2%).
Past Earnings Growth Analysis
Earnings Trend: KRR has become profitable over the past 5 years, growing earnings by 64.6% per year.
Accelerating Growth: KRR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KRR had negative earnings growth (-80.5%) over the past year, making it difficult to compare to the Metals and Mining industry average (-3.8%).
Return on Equity
High ROE: KRR's Return on Equity (7.1%) is considered low.
Financial Health
How is Karora Resources's financial position?
Financial Health Score
5/6Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: KRR's short term assets (CA$126.6M) exceed its short term liabilities (CA$72.8M).
Long Term Liabilities: KRR's short term assets (CA$126.6M) exceed its long term liabilities (CA$114.7M).
Debt to Equity History and Analysis
Debt Level: KRR has more cash than its total debt.
Reducing Debt: KRR's debt to equity ratio has increased from 4.6% to 12.9% over the past 5 years.
Debt Coverage: KRR's debt is well covered by operating cash flow (305.3%).
Interest Coverage: KRR's interest payments on its debt are well covered by EBIT (13.9x coverage).
Balance Sheet
Dividend
What is Karora Resources's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
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.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as KRR has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
2.1yrs
Average management tenure
CEO
Paul Huet (52 yo)
2.83yrs
Tenure
CA$2,809,611
Compensation
Mr. Paul Andre Huet, Acc Dir., has been the Chief Executive Officer of Karora Resources Inc. (formerly, Royal Nickel Corporation) since August 2019 and served as its Interim Chief Executive Officer since J...
CEO Compensation Analysis
Compensation vs Market: Paul's total compensation ($USD2.19M) is above average for companies of similar size in the Canadian market ($USD974.36K).
Compensation vs Earnings: Paul's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
Experienced Management: KRR's management team is considered experienced (2.1 years average tenure).
Board Members
Experienced Board: KRR's board of directors are considered experienced (3.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KRR insiders have only sold shares 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 5.8%.
Top Shareholders
Company Information
Karora Resources Inc.'s employee growth, exchange listings and data sources
Key Information
- Name: Karora Resources Inc.
- Ticker: KRR
- Exchange: TSX
- Founded: 2006
- Industry: Gold
- Sector: Materials
- Implied Market Cap: CA$745.250m
- Shares outstanding: 155.26m
- Website: https://www.karoraresources.com
Number of Employees
Location
- Karora Resources Inc.
- Ground Floor
- 15 Altona Street
- West Perth
- Western Australia
- 6005
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/05/21 00:00 |
| End of Day Share Price | 2022/05/20 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.