TSXV:KEN

Stock Analysis Report

Kenadyr Mining (Holdings)

Executive Summary

Kenadyr Mining (Holdings) Corp. investigates, evaluates, explores for, and develops mineral properties.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Kenadyr Mining (Holdings)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KEN's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-14.3%

KEN

-6.0%

CA Metals and Mining

-6.2%

CA Market


1 Year Return

-29.4%

KEN

2.2%

CA Metals and Mining

-2.0%

CA Market

Return vs Industry: KEN underperformed the Canadian Metals and Mining industry which returned 6.3% over the past year.

Return vs Market: KEN underperformed the Canadian Market which returned 0.1% over the past year.


Shareholder returns

KENIndustryMarket
7 Day-14.3%-6.0%-6.2%
30 Day-20.0%-1.0%-5.0%
90 Day33.3%4.9%-2.8%
1 Year-29.4%-29.4%2.9%2.2%1.1%-2.0%
3 Yearn/a-2.8%-4.5%10.7%0.6%
5 Yearn/a25.0%21.4%27.6%8.9%

Price Volatility Vs. Market

How volatile is Kenadyr Mining (Holdings)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Kenadyr Mining (Holdings) undervalued compared to its fair value and its price relative to the market?

1.03x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: KEN is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate KEN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: KEN is good value based on its PB Ratio (1.1x) compared to the CA Metals and Mining industry average (1.5x).


Next Steps

Future Growth

How is Kenadyr Mining (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.0%

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 Kenadyr Mining (Holdings) 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.


Next Steps

Past Performance

How has Kenadyr Mining (Holdings) performed over the past 5 years?

-16.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KEN is currently unprofitable.

Growing Profit Margin: KEN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KEN is unprofitable, and losses have increased over the past 5 years at a rate of -16.9% per year.

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

Earnings vs Industry: KEN is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (11.8%).


Return on Equity

High ROE: KEN has a negative Return on Equity (-28.37%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Kenadyr Mining (Holdings)'s financial position?


Financial Position Analysis

Short Term Liabilities: KEN's short term assets (CA$1.3M) exceed its short term liabilities (CA$273.4K).

Long Term Liabilities: KEN has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: KEN is debt free.

Reducing Debt: KEN has not had any debt for past 5 years.


Balance Sheet

Inventory Level: KEN has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if KEN's debt is covered by short term assets.


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: KEN has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: KEN has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of -13.4% each year.


Next Steps

Dividend

What is Kenadyr Mining (Holdings)'s current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.1%markettop25%5.9%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate KEN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KEN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KEN'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 KEN's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.3yrs

Average board tenure


CEO

Tim McCutcheon (46yo)

0.2yrs

Tenure

0

Mr. Timothy Rand McCutcheon, also known as Tim, has been Chief Executive Officer and Director of Ashanti Gold Corp. since August 01, 2016. He has been Chief Executive Officer and Director at Kenadyr Minin ...


Board Members

NamePositionTenureCompensationOwnership
Timothy McCutcheon
CEO & Director0.2yrsno datano data
Robert Angus
Chairman of the Board2.9yrsno data1.23% CA$75.0k
Michael Velletta
Independent Director2.3yrsno data0.49% CA$30.0k

2.3yrs

Average Tenure

Experienced Board: KEN's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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 8.3%.


Top Shareholders

Company Information

Kenadyr Mining (Holdings) Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kenadyr Mining (Holdings) Corp.
  • Ticker: KEN
  • Exchange: TSXV
  • Founded: 2010
  • Industry: Gold
  • Sector: Materials
  • Market Cap: CA$6.099m
  • Shares outstanding: 101.64m
  • Website: https://www.kenadyr.com

Location

  • Kenadyr Mining (Holdings) Corp.
  • 1090 West Georgia Street
  • Suite 488
  • Vancouver
  • British Columbia
  • V6E 3V7
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KM0DB (Deutsche Boerse AG)YesNew Common SharesDEEURMar 2017
KENTSXV (TSX Venture Exchange)YesNew Common SharesCACADMar 2017
KNDY.FOTCPK (Pink Sheets LLC)YesNew Common SharesUSUSDMar 2017

Biography

Kenadyr Mining (Holdings) Corp. investigates, evaluates, explores for, and develops mineral properties. It primarily explores for gold. The company holds a 100% exploration license in the Borubai gold project that covers an area of 164 square kilometers located in the Chuy Region, the Kyrgyz Republic. Kenadyr Mining (Holdings) Corp. is headquartered in Vancouver, Canada. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 01:59
End of Day Share Price2020/02/27 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.