KP1 Stock Overview
Kore Potash plc, together with its subsidiaries, engages in the exploration and development of potash minerals in the Republic of Congo.
Kore Potash Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||UK£0.009|
|52 Week High||UK£0.025|
|52 Week Low||UK£0.001|
|1 Month Change||-10.00%|
|3 Month Change||-10.00%|
|1 Year Change||50.00%|
|3 Year Change||20.00%|
|5 Year Change||n/a|
|Change since IPO||-91.18%|
Recent News & Updates
|KP1||DE Metals and Mining||DE Market|
Return vs Industry: KP1 exceeded the German Metals and Mining industry which returned -23.9% over the past year.
Return vs Market: KP1 exceeded the German Market which returned -19.7% over the past year.
|KP1 Average Weekly Movement||15.2%|
|Metals and Mining Industry Average Movement||8.0%|
|Market Average Movement||5.7%|
|10% most volatile stocks in DE Market||10.5%|
|10% least volatile stocks in DE Market||2.9%|
Stable Share Price: KP1 is more volatile than 90% of German stocks over the past 3 months, typically moving +/- 15% a week.
Volatility Over Time: KP1's weekly volatility has decreased from 193% to 15% over the past year, but is still higher than 75% of German stocks.
About the Company
Kore Potash plc, together with its subsidiaries, engages in the exploration and development of potash minerals in the Republic of Congo. The company focuses on its 97%-owned Sintoukola potash project that comprises the Kola sylvinite and carnallite deposits located to the north of the city of Pointe Noire. Kore Potash plc was incorporated in 2017 and is based in London, the United Kingdom.
Kore Potash Fundamentals Summary
|KP1 fundamental statistics|
Is KP1 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|KP1 income statement (TTM)|
|Cost of Revenue||US$0|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.00056|
|Net Profit Margin||0.00%|
How did KP1 perform over the long term?See historical performance and comparison
Is KP1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for KP1?
Other financial metrics that can be useful for relative valuation.
|What is KP1's n/a Ratio?|
Price to Book Ratio vs Peers
How does KP1's PB Ratio compare to its peers?
|KP1 PB Ratio vs Peers|
|Company||PB||Estimated Growth||Market Cap|
2LF Greenland Resources
PNX Pasinex Resources
02P Pearl Gold
KP1 Kore Potash
Price-To-Book vs Peers: KP1 is good value based on its Price-To-Book Ratio (0.3x) compared to the peer average (6.5x).
Price to Earnings Ratio vs Industry
How does KP1's PE Ratio compare vs other companies in the European Metals and Mining Industry?
Price-To-Book vs Industry: KP1 is good value based on its Price-To-Book Ratio (0.3x) compared to the German Metals and Mining industry average (1.3x)
Price to Book Ratio vs Fair Ratio
What is KP1's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PB Ratio||0.3x|
|Fair PB Ratio||n/a|
Price-To-Book vs Fair Ratio: Insufficient data to calculate KP1's Price-To-Book Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of KP1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate KP1's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate KP1's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Kore Potash forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Kore Potash 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.
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- Examine Kore Potash's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Kore Potash competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Kore Potash performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KP1 is currently unprofitable.
Growing Profit Margin: KP1 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: KP1 is unprofitable, but has reduced losses over the past 5 years at a rate of 10.4% per year.
Accelerating Growth: Unable to compare KP1's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: KP1 is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (99%).
Return on Equity
High ROE: KP1 has a negative Return on Equity (-1.09%), as it is currently unprofitable.
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How is Kore Potash's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: KP1's short term assets ($11.3M) exceed its short term liabilities ($1.1M).
Long Term Liabilities: KP1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: KP1 is debt free.
Reducing Debt: KP1 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: KP1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KP1 has sufficient cash runway for 1.3 years if free cash flow continues to grow at historical rates of 6.2% each year.
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What is Kore Potash current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KP1's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate KP1'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 KP1's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KP1'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 KP1 has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Brad Sampson (56 yo)
Mr. Stuart Bradley Sampson, also known as Brad, B.E. (Hons) Mining, MBA, AMP, MAusIMM, serves as an Independent Non-Executive Director at Metallica Minerals Limited since May 13, 2021. He is an experienced...
CEO Compensation Analysis
Compensation vs Market: Brad's total compensation ($USD612.19K) is above average for companies of similar size in the German market ($USD417.90K).
Compensation vs Earnings: Brad's compensation has been consistent with company performance over the past year.
Experienced Management: KP1's management team is considered experienced (4.4 years average tenure).
Experienced Board: KP1's board of directors are considered experienced (4.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kore Potash plc's employee growth, exchange listings and data sources
- Name: Kore Potash plc
- Ticker: KP1
- Exchange: DB
- Founded: 2017
- Industry: Diversified Metals and Mining
- Sector: Materials
- Implied Market Cap: UK£37.622m
- Listing Market Cap: UK£44.879m
- Shares outstanding: 3.42b
- Website: https://korepotash.com
Number of Employees
- Kore Potash plc
- 45 Gresham Street
- Greater London
- EC2V 7BG
- United Kingdom
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/07/30 00:00|
|End of Day Share Price||2022/07/29 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.