Kobo Resources (TSXV:KRI) - Stock Price, News & Analysis

KRI Stock Overview

Engages in the acquisition, exploration, and development of gold property assets in Côte d’Ivoire.

KRI fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Rewards

Risk Analysis

Earnings have declined by 45% per year over past 5 years

Makes less than USD$1m in revenue (CA$0)

Does not have a meaningful market cap (CA$27M)

Shareholders have been diluted in the past year

+ 1 more risk

Kobo Resources Inc. Competitors

South Pacific Metals

TSXV:SPMC

CA$29.8m

Grande Portage Resources

TSXV:GPG

CA$25.1m

Gold Springs Resource

TSX:GRC

CA$25.5m

Cerrado Gold

TSXV:CERT

CA$24.7m

Price History & Performance

Summary of all time highs, changes and price drops for Kobo Resources
Historical stock prices
Current Share Price	CA$0.28
52 Week High	CA$0.53
52 Week Low	CA$0.22
Beta	-0.16
11 Month Change	-12.50%
3 Month Change	-36.36%
1 Year Change	-5.08%
33 Year Change	n/a
5 Year Change	-62.67%
Change since IPO	-62.67%

Recent updates

Will Kobo Resources (CVE:KRI) Spend Its Cash Wisely?

Dec 23

Is Kobo Resources (CVE:KRI) In A Good Position To Invest In Growth?

Sep 08

Shareholder Returns

	KRI	CA Metals and Mining	CA Market
7D	3.7%	-0.1%	1.1%
1Y	-5.1%	12.7%	13.4%

Return vs Industry: KRI underperformed the Canadian Metals and Mining industry which returned 12.7% over the past year.

Return vs Market: KRI underperformed the Canadian Market which returned 13.4% over the past year.

Price Volatility

Is KRI's price volatile compared to industry and market?
KRI volatility
KRI Average Weekly Movement	13.4%
Metals and Mining Industry Average Movement	10.0%
Market Average Movement	8.1%
10% most volatile stocks in CA Market	16.9%
10% least volatile stocks in CA Market	3.1%

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

Volatility Over Time: KRI's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Canadian stocks.

About the Company

Founded	Employees	CEO	Website
n/a	n/a	Edward Gosselin	www.koboresources.com

Kobo Resources Inc. engages in the acquisition, exploration, and development of gold property assets in Côte d’Ivoire. It holds 100% interest in Kossou Gold project covering 147.365 square kilometers located in the Yamoussoukro, Côte d’Ivoire; and Bongouanou area project covering 301.75 square kilometers located in the Birimian Dimbokro-Abengourou belt. The company was formerly known as 9333-9141 Québec Inc. and changed its name to Kobo Resources Inc. in March 2016.

Kobo Resources Inc. Fundamentals Summary

How do Kobo Resources's earnings and revenue compare to its market cap?
KRI fundamental statistics
Market cap	CA$26.61m
Earnings (TTM)	-CA$3.85m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-7.5x

P/E Ratio

Is KRI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KRI income statement (TTM)
Revenue	CA$0
Cost of Revenue	CA$0
Gross Profit	CA$0
Other Expenses	CA$3.85m
Earnings	-CA$3.85m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.038
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0%

How did KRI perform over the long term?

See historical performance and comparison

KRI Stock Overview

Rewards

Risk Analysis

Kobo Resources Inc. Competitors

TSXV:SPMC

CA$29.8m

TSXV:GPG

CA$25.1m

TSX:GRC

CA$25.5m

TSXV:CERT

CA$24.7m

Price History & Performance

Recent News & Updates

Kobo Resources Inc. Reports Final Gold Assay Results from its Initial Diamond Drill Program

Kobo Resources Inc. Reports Significant Gold Intersections of 5.0 Metres at 4.30 g/t Au, including 1.0 Metre at 20.00 g/t Au and 2.0 Metres at 7.26 g/t Au at its Kossou Gold Project

Kobo Resources Inc. Reports Significant Gold Intersections At Its Kossou Gold Project with 9.0 Metres At 23.89 G/T Au, Including 1.0 Metre At 210.0 Metre At 4.27 G/T Au

Kobo Resources Inc. Reports Significant Gold Intersections At Its Kossou Gold Project with 9.0 Metres At 23.89 G/T Au, Including 1.0 Metre At 210.0 Metre At 4.27 G/T Au

Kobo Resources Inc., Annual General Meeting, Aug 29, 2024

Kobo Resources Inc. announced that it expects to receive CAD 7 million in funding

Recent updates

Kobo Resources Inc. Reports Final Gold Assay Results from its Initial Diamond Drill Program

Kobo Resources Inc. Reports Significant Gold Intersections of 5.0 Metres at 4.30 g/t Au, including 1.0 Metre at 20.00 g/t Au and 2.0 Metres at 7.26 g/t Au at its Kossou Gold Project

Kobo Resources Inc. Reports Significant Gold Intersections At Its Kossou Gold Project with 9.0 Metres At 23.89 G/T Au, Including 1.0 Metre At 210.0 Metre At 4.27 G/T Au

Kobo Resources Inc. Reports Significant Gold Intersections At Its Kossou Gold Project with 9.0 Metres At 23.89 G/T Au, Including 1.0 Metre At 210.0 Metre At 4.27 G/T Au

Kobo Resources Inc., Annual General Meeting, Aug 29, 2024

Kobo Resources Inc. announced that it expects to receive CAD 7 million in funding

Kobo Resources Continues to Intersect High-Grade Gold Mineralisation At Its Kossou Gold Project with 19.0 Metres At 2.82 g/t Au, Including 3.7 Metres At 11.82 g/t Au

Kobo Resources Inc. Commences 2024 Diamond Drill Program at its 100%-Owned Kossou Gold Project

Kobo Resources Inc. Announces Board Changes

Insufficient new directors

Kobo Resources Discovers New High-Grade Mineralisation from Trenching At Its Kossou Gold Project, Including 8.56 G/T Au over 5 m and 2.76 G/T Au over 22 m; Strong Soil Geochemical Results of Up to 104 G/T Au At the Kadie Zone

Will Kobo Resources (CVE:KRI) Spend Its Cash Wisely?

Kobo Resources Inc. Supports the Structural Interpretation of Mineralisation at Kossou with Strong Gold Results of 2.67 g/t Au over 14 M and 1.68 g/t Au over 13 M at the Jagger Zone

Kobo Resources Inc. Supports the Structural Interpretation of Mineralisation at Kossou with Strong Gold Results of 2.67 g/t Au over 14 M and 1.68 g/t Au over 13 M at the Jagger Zone

New major risk - Financial position

Kobo Resources Inc. Reports Strong Gold Results from Trenching At Its Road Cut Zone with 47 M At 3.92 G/T Au and 33 M At 4.68 G/T Au; Structural Study Provides Greater Understanding of the Geology At Kossou Gold Project

Kobo Resources Inc. Confirms Significant Gold in Trenching At Its Kadie Zone with 2.27 G/T Au over 10 Metres and Elevates Target to Drill-Ready Status

Kobo Resources Inc. Reports New High-Grade Gold Intersections from Initial Trenching at its Kadie Zone with 5.16 g/t Au over 11 Metres, Including 12.92 g/t Au over 4 Metres

Is Kobo Resources (CVE:KRI) In A Good Position To Invest In Growth?

Kobo Resources Inc. Completes Initial Drilling at its Kossou Gold Project Located in Cote D'ivoire, West Africa

Kobo Resources Inc. Announces Drill Results from the First 11 Drill Holes as Part of Its Ongoing 8,000 Metre Reverse Circulation Drilling Program At the 100% Owned Kossou Gold Project Located in Cote d'Ivoire, West Africa

Kobo Resources Begins 2023 Drill Program At Its 100%-Owned Kossou Gold Project

Less than half of directors are independent

Shareholder Returns

Price Volatility

About the Company

Kobo Resources Inc. Fundamentals Summary

0.0x

-7.5x

Earnings & Revenue