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Keras Resources

AIM:KRS
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KRS
AIM
£7M
Market Cap
  1. Home
  2. GB
  3. Materials
Company description

Keras Resources Plc engages in the exploration, evaluation, and development of mineral properties in West Africa. The last earnings update was 72 days ago. More info.


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KRS Share Price and Events
7 Day Returns
0%
AIM:KRS
0.7%
GB Metals and Mining
0.5%
GB Market
1 Year Returns
4.8%
AIM:KRS
-5.2%
GB Metals and Mining
-5.4%
GB Market
KRS Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Keras Resources (KRS) 0% -3% -8.5% 4.8% -71.7% -80.9%
GB Metals and Mining 0.7% -7.3% -2.3% -5.2% 90.3% 21.9%
GB Market 0.5% -1.7% 2.1% -5.4% 13.8% 1.8%
1 Year Return vs Industry and Market
  • KRS outperformed the Metals and Mining industry which returned -5.2% over the past year.
  • KRS outperformed the Market in United Kingdom of Great Britain and Northern Ireland which returned -5.4% over the past year.
Price Volatility
KRS
Industry
5yr Volatility vs Market

KRS Value

 Is Keras Resources undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Keras Resources. This is due to cash flow or dividend data being unavailable. The share price is £0.00325.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Keras Resources's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Keras Resources's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
AIM:KRS PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in GBP £0.00
AIM:KRS Share Price ** AIM (2019-05-23) in GBP £0
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry PE Ratio Median Figure of 38 Publicly-Listed Metals and Mining Companies 10.01x
United Kingdom of Great Britain and Northern Ireland Market PE Ratio Median Figure of 789 Publicly-Listed Companies 16.47x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Keras Resources.

AIM:KRS PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= AIM:KRS Share Price ÷ EPS (both in GBP)

= 0 ÷ 0.00

-18.26x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Keras Resources is loss making, we can't compare its value to the GB Metals and Mining industry average.
  • Keras Resources is loss making, we can't compare the value of its earnings to the United Kingdom of Great Britain and Northern Ireland market.
Price based on expected Growth
Does Keras Resources's expected growth come at a high price?
Raw Data
AIM:KRS PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -18.26x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry PEG Ratio Median Figure of 30 Publicly-Listed Metals and Mining Companies 0.61x
United Kingdom of Great Britain and Northern Ireland Market PEG Ratio Median Figure of 574 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Keras Resources, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Keras Resources's assets?
Raw Data
AIM:KRS PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in GBP £0.01
AIM:KRS Share Price * AIM (2019-05-23) in GBP £0
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry PB Ratio Median Figure of 118 Publicly-Listed Metals and Mining Companies 0.94x
United Kingdom of Great Britain and Northern Ireland Market PB Ratio Median Figure of 1,369 Publicly-Listed Companies 1.5x
AIM:KRS PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= AIM:KRS Share Price ÷ Book Value per Share (both in GBP)

= 0 ÷ 0.01

0.59x

* Primary Listing of Keras Resources.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Keras Resources is good value based on assets compared to the GB Metals and Mining industry average.
X
Value checks
We assess Keras Resources's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. Keras Resources has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

KRS Future Performance

 How is Keras Resources expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Keras Resources 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
0.7%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Keras Resources expected to grow at an attractive rate?
  • Unable to compare Keras Resources's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Keras Resources's earnings growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
  • Unable to compare Keras Resources's revenue growth to the United Kingdom of Great Britain and Northern Ireland market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
AIM:KRS Future Growth Rates Data Sources
Data Point Source Value (per year)
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 0.7%
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 1.4%
United Kingdom of Great Britain and Northern Ireland Market Earnings Growth Rate Market Cap Weighted Average 10.9%
United Kingdom of Great Britain and Northern Ireland Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
AIM:KRS Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in GBP Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
AIM:KRS Future Estimates Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
AIM:KRS Past Financials Data
Date (Data in GBP Millions) Revenue Cash Flow Net Income *
2018-09-30 0 0
2018-03-31 0 0
2017-12-31 0 -1
2017-09-30 -1 -2
2017-06-30 -2
2017-03-31 -3 -2
2016-12-31 -2 -2
2016-09-30 -2 -1
2016-06-30 -3
2016-03-31 -1 -6
2015-12-31 -1 -6

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Keras Resources is high growth as no earnings estimate data is available.
  • Unable to determine if Keras Resources is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
AIM:KRS Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Keras Resources Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:KRS Future Estimates Data
Date (Data in GBP Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
AIM:KRS Past Financials Data
Date (Data in GBP Millions) EPS *
2018-09-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00
2016-03-31 -0.01
2015-12-31 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Keras Resources will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Keras Resources'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.
  2. Keras Resources's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. Keras Resources's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Keras Resources's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United Kingdom of Great Britain and Northern Ireland market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Keras Resources has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

KRS Past Performance

  How has Keras Resources performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Keras Resources's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Keras Resources does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Keras Resources's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Keras Resources's 1-year growth to the GB Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
Keras Resources's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Keras Resources Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

AIM:KRS Past Revenue, Cash Flow and Net Income Data
Date (Data in GBP Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 -0.40 0.41
2018-03-31 -0.40 0.67
2017-12-31 -1.12 0.81
2017-09-30 -1.84 0.94
2017-06-30 -1.92 0.77
2017-03-31 -2.00 0.60
2016-12-31 -1.61 0.69
2016-09-30 -1.22 0.78
2016-06-30 -3.44 1.00
2016-03-31 -5.65 1.23
2015-12-31 -5.55 1.20
2015-09-30 -5.45 1.18
2015-06-30 -3.53 1.25
2015-03-31 -1.62 1.31
2014-12-31 -1.65 1.40
2014-09-30 -1.69 1.49
2014-06-30 -1.60 1.56
2014-03-31 -1.52 1.64
2013-12-31 -1.54 1.66
2013-09-30 -1.56 1.67
2013-06-30 -1.50 1.58
2013-03-31 -1.45 1.49
2012-12-31 -1.44 1.49
2012-09-30 -1.43 1.50

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Keras Resources has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Keras Resources has efficiently used its assets last year compared to the GB Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Keras Resources improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Keras Resources's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Keras Resources has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

KRS Health

 How is Keras Resources's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Keras Resources's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Keras Resources is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Keras Resources has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Keras Resources's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Keras Resources has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Keras Resources Company Filings, last reported 7 months ago.

AIM:KRS Past Debt and Equity Data
Date (Data in GBP Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 12.43 0.00 11.74
2018-03-31 16.82 0.00 0.12
2017-12-31 16.82 0.00 0.12
2017-09-30 21.29 0.00 0.06
2017-06-30 21.29 0.00 0.06
2017-03-31 0.58 2.01 0.14
2016-12-31 0.58 2.01 0.14
2016-09-30 0.33 1.14 0.13
2016-06-30 0.33 1.14 0.13
2016-03-31 0.38 1.04 0.16
2015-12-31 0.38 1.04 0.16
2015-09-30 0.46 0.38 0.06
2015-06-30 0.46 0.38 0.06
2015-03-31 5.45 0.30 0.45
2014-12-31 5.45 0.30 0.45
2014-09-30 5.37 0.00 0.11
2014-06-30 5.37 0.00 0.11
2014-03-31 6.49 0.00 0.93
2013-12-31 6.49 0.00 0.93
2013-09-30 5.15 0.00 0.23
2013-06-30 5.15 0.00 0.23
2013-03-31 4.95 0.00 1.42
2012-12-31 4.95 0.00 1.42
2012-09-30 3.14 0.00 0.13
  • Keras Resources has no debt.
  • Keras Resources 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.

  • Keras Resources has sufficient cash runway for more than 3 years based on current free cash flow.
  • Keras Resources has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -15.2% each year.
X
Financial health checks
We assess Keras Resources's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Keras Resources has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

KRS Dividends

 What is Keras Resources's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Keras Resources dividends.
If you bought £2,000 of Keras Resources shares you are expected to receive £0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Keras Resources's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Keras Resources's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
AIM:KRS Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United Kingdom of Great Britain and Northern Ireland Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 23 Stocks 6.9%
United Kingdom of Great Britain and Northern Ireland Market Average Dividend Yield Market Cap Weighted Average of 706 Stocks 4.3%
United Kingdom of Great Britain and Northern Ireland Minimum Threshold Dividend Yield 10th Percentile 1%
United Kingdom of Great Britain and Northern Ireland Bottom 25% Dividend Yield 25th Percentile 2%
United Kingdom of Great Britain and Northern Ireland Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

AIM:KRS Future Dividends Estimate Data
Date (Data in £) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Keras Resources has not reported any payouts.
  • Unable to verify if Keras Resources's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Keras Resources's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Keras Resources has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Keras Resources's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Keras Resources afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Keras Resources has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

KRS Management

 What is the CEO of Keras Resources's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Russell Lamming
COMPENSATION £82,000
AGE 48
TENURE AS CEO 1.2 years
CEO Bio

Mr. Russell John Lamming is a Founder of Keras Resources Plc and has been a Director since August 23, 2010. He serves as CEO of Keras Resources Plc since March 12, 2018. He serves as a New Business Manager of African Platinum Limited. Mr. Lamming served as the Chief Executive Officer of Goldplat PLC from September 1, 2012 to September 13, 2013. He has a broad range of experience including directorship of a South African mining consultancy and Precious Metals Analyst for a leading international broker. He served as the Chief Executive of Chromex Mining PLC since May 2008. He served as an Equity Analyst of Deutsche Bank AG, Research Division. He is a Mining Consultant and his experience includes independent technical and valuation competent persons reports, the valuation and strategic analysis of mineral projects, technical due dilgeneces on resource projects and bankable feasibility studies. He serves as an Executive Director of Chromex Mining PLC. He serves as Director of Sabi Gold Ltd., Southern Minerals Limited, Dunrose Investments 193 (Pty) Ltd. and Mkhombi Stellite Pty Ltd. He served as a Director of African Platinum Ltd.; Inkosi Platinum (Pty) Ltd.; Imbasa Platinum (Pty) Ltd.; Islandsite 225 (Pty) Ltd.; Islandsite 216 (Pty) Ltd.; Serwalo Platinum (Pty) Ltd.; Serwalo Resources (Pty) Ltd.; Serwalo Coal (Pty) Ltd.; Serwalo Ferrous Metals (Pty) Ltd.; Ndoro Mining (Pty) Ltd. and Venmyn Rand (Pty) Ltd. He served as Director of Goldplat PLC until September 13, 2013. Mr. Lamming is a Qualified Geologist with a Honours Degree in Goelogy from University of Witwatersr and Bachelor of Commerce in Economics from University of Natal.

CEO Compensation
  • Russell's compensation has increased whilst company is loss making.
  • Russell's remuneration is lower than average for companies of similar size in United Kingdom of Great Britain and Northern Ireland.
Management Team

Russell Lamming

TITLE
Founder
COMPENSATION
£82K
AGE
48
TENURE
1.2 yrs

Graham Stacey

TITLE
Chief Operating Officer
AGE
45
TENURE
0.1 yrs
Board of Directors Tenure

Average tenure and age of the Keras Resources board of directors in years:

8.8
Average Tenure
49
Average Age
  • The tenure for the Keras Resources board of directors is about average.
Board of Directors

Brian Moritz

TITLE
Non-Executive Chairman of the Board
COMPENSATION
£15K
AGE
82
TENURE
8.8 yrs

Russell Lamming

TITLE
Founder
COMPENSATION
£82K
AGE
48
TENURE
8.8 yrs

Dave Reeves

TITLE
Non-Executive Director
COMPENSATION
£12K
AGE
49
TENURE
8.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (£) Value (£)
30. Aug 18 Buy David Russell Reeves Individual 04. Jun 18 04. Jun 18 28,972,663 £0.00 £107,209
04. Jun 18 Buy Russell Lamming Individual 01. Jun 18 04. Jun 18 8,000,000 £0.00 £29,613
04. Jun 18 Buy Brian Moritz Individual 04. Jun 18 04. Jun 18 7,000,000 £0.00 £25,902
31. May 18 Buy Russell Lamming Individual 30. May 18 31. May 18 4,000,000 £0.00 £13,997
X
Management checks
We assess Keras Resources's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Keras Resources has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

KRS News

Simply Wall St News

Did Keras Resources Plc (LON:KRS) Insiders Buy Up More Shares?

So we'll take a look at whether insiders have been buying or selling shares in Keras Resources Plc (LON:KRS). … In the last twelve months, the biggest single purchase by an insider was when Non-Executive Director David Russell Reeves bought UK£107k worth of shares at a price of UK£0.0037 per share. … Over the last year, we can see that insiders have bought 48.0m shares worth UK£177k

Simply Wall St -

Is Keras Resources Plc (LON:KRS) A Volatile Stock?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

Simply Wall St -

Have Insiders Been Buying Keras Resources Plc (LON:KRS) Shares?

So we'll take a look at whether insiders have been buying or selling shares in Keras Resources Plc (LON:KRS). … We generally consider it a positive if insiders have been buying on market, even above the current price. … These transactions suggest that insiders have considered the current price of UK£0.0034 attractive.

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Why Keras Resources Plc's (LON:KRS) Ownership Structure Is Important

I am going to take a deep dive into Keras Resources Plc’s (LON:KRS) most recent ownership structure, not a frequent subject of discussion among individual investors. … A company's ownership structure is often linked to its share performance in both the long- and short-term. … Therefore, it is beneficial for us to examine KRS's ownership structure in more detail.

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How Does Keras Resources Plc (LON:KRS) Affect Your Portfolio Returns?

If you are looking to invest in Keras Resources Plc’s (LON:KRS), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … Broadly speaking, there are two types of risk you should consider when investing in stocks such as KRS. … The second risk is market-wide, which arises from investing in the stock market.

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Why You Need To Look At This Factor Before Buying Keras Resources Plc (LON:KRS)

See our latest analysis for Keras Resources An interpretation of KRS's beta With a beta of 1.11, Keras Resources is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … KRS, with its market capitalisation of UK£9.16M, is a small-cap stock, which generally have higher beta than similar companies of larger size. … Thus, we can expect KRS to be more stable in the face of market movements, relative to its peers of similar size but with a higher portion of fixed assets on their books.

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With A -51.11% Earnings Drop, Did Keras Resources Plc (LON:KRS) Really Underperform?

When Keras Resources Plc (AIM:KRS) announced its most recent earnings (30 September 2017), I did two things: looked at its past earnings track record, then look at what is happening in the industry. … See our latest analysis for Keras Resources Commentary On KRS's Past Performance For the purpose of this commentary, I like to use data from the most recent 12 months, which annualizes the most recent half-year data, or in some cases, the latest annual report is already the most recent financial year data. … Each year, for the past five years Keras Resources's top-line has grown by 72.28% on average, implying that the company is in a high-growth phase with expenses shooting ahead of revenues, leading to annual losses.

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Why Keras Resources Plc's (LON:KRS) Ownership Structure Is Important

Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … Private Company Ownership Potential investors in KRS should also look at another important group of investors: private companies, with a stake of 5.83%, who are primarily invested because of strategic and capital gain interests. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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Keras Resources Plc (LON:KRS): Risks You Need To Consider Before Buying

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … With a beta of 1.04, Keras Resources is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … How KRS's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

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Has Keras Resources Plc (LON:KRS) Improved Earnings Growth In Recent Times?

See our latest analysis for Keras Resources Could KRS beat the long-term trend and outperform its industry? … AIM:KRS Income Statement Feb 14th 18 We can further examine Keras Resources's loss by looking at what the industry has been experiencing over the past few years. … This suggests that, while Keras Resources is presently running a loss, it may have only just gained from the recent industry expansion, moving earnings into a more favorable position.What does this mean?

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KRS Company Info

Description

Keras Resources Plc engages in the exploration, evaluation, and development of mineral properties in West Africa. The company holds an 85% interest in the Nayega manganese project, which covers an area of 92,390 hectares in northern Togo. It also explores for cobalt and nickel deposits. The company was formerly known as Ferrex PLC and changed its name to Keras Resources Plc in December 2015. Keras Resources Plc was incorporated in 2010 and is based in London, the United Kingdom.

Details
Name: Keras Resources Plc
KRS
Exchange: AIM
Founded: 2010
£7,439,683
2,289,133,439
Website: http://www.kerasplc.com
Address: Keras Resources Plc
27/28 Eastcastle Street,
London,
Greater London, W1W 8DH,
United Kingdom
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
AIM KRS Ordinary Shares London Stock Exchange AIM Market GB GBP 18. Jul 2011
Number of employees
Current staff
Staff numbers
6
Keras Resources employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 21:52
End of day share price update: 2019/05/23 00:00
Last estimates confirmation: 2019/03/12
Last earnings filing: 2019/03/12
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/09/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.