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KAV

Kavango Resources LSE:KAV Stock Report

Last Price

UK£0.022

Market Cap

UK£9.8m

7D

-6.3%

1Y

-61.2%

Updated

03 Jul, 2022

Data

Company Financials
KAV fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

KAV Stock Overview

Kavango Resources Plc, together with its subsidiaries, engages in the exploration of base and precious metals in Botswana.

Kavango Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kavango Resources
Historical stock prices
Current Share PriceUK£0.022
52 Week HighUK£0.065
52 Week LowUK£0.02
Beta1.5
1 Month Change-11.77%
3 Month Change-19.64%
1 Year Change-61.21%
3 Year Change-37.50%
5 Year Changen/a
Change since IPO-30.77%

Recent News & Updates

Shareholder Returns

KAVGB Metals and MiningGB Market
7D-6.3%-4.4%-1.1%
1Y-61.2%-13.2%-9.7%

Return vs Industry: KAV underperformed the UK Metals and Mining industry which returned -13.2% over the past year.

Return vs Market: KAV underperformed the UK Market which returned -9.7% over the past year.

Price Volatility

Is KAV's price volatile compared to industry and market?
KAV volatility
KAV Average Weekly Movement13.0%
Metals and Mining Industry Average Movement7.7%
Market Average Movement5.4%
10% most volatile stocks in GB Market10.6%
10% least volatile stocks in GB Market2.8%

Stable Share Price: KAV is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 13% a week.

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

About the Company

FoundedEmployeesCEOWebsite
n/a17Ben Turneyhttps://www.kavangoresources.com

Kavango Resources Plc, together with its subsidiaries, engages in the exploration of base and precious metals in Botswana. The company explores for nickel, copper, platinum group metals, silver, and rare earth deposits. Its projects include the Kalahari Suture Zone project that consists of 12 prospecting licenses, which covers an area of 7,554 square kilometers located in the southwest of Botswana; the kalahari copper belt project, which comprise of 4 prospecting licenses covering an area of 2,385 square kilometers situated in Botswana; and the Ditau project consists of 2 prospecting licenses that covers an area of 1,386 square kilometers.

Kavango Resources Fundamentals Summary

How do Kavango Resources's earnings and revenue compare to its market cap?
KAV fundamental statistics
Market CapUS$11.79m
Earnings (TTM)-US$1.74m
Revenue (TTM)n/a

0.0x

P/S Ratio

-6.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
KAV income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$1.74m
Earnings-US$1.74m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.004
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did KAV perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is KAV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KAV?

Other financial metrics that can be useful for relative valuation.

KAV key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

How does KAV's PB Ratio compare to its peers?

KAV PB Ratio vs Peers
The above table shows the PB ratio for KAV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1.7x
AMC Amur Minerals
0.4xn/aUK£9.8m
COBR Cobra Resources
4.7xn/aUK£9.7m
GLR Galileo Resources
0.9xn/aUK£9.9m
THR Thor Mining
0.7xn/aUK£10.1m
KAV Kavango Resources
1.5xn/aUK£9.8m

Price-To-Book vs Peers: KAV is good value based on its Price-To-Book Ratio (1.5x) compared to the peer average (1.7x).


Price to Earnings Ratio vs Industry

How does KAV's PE Ratio compare vs other companies in the GB Metals and Mining Industry?

Price-To-Book vs Industry: KAV is expensive based on its Price-To-Book Ratio (1.5x) compared to the UK Metals and Mining industry average (1.2x)


Price to Book Ratio vs Fair Ratio

What is KAV'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.

KAV PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio1.5x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate KAV's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of KAV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate KAV's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate KAV's fair value for valuation analysis.


Price to Earnings Growth Ratio

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


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


-10.8%

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 Kavango 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 SimplyWall St do have past financial data.


Discover growth companies

  • Examine Kavango 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.
  • Kavango Resources competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Kavango Resources performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-42.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KAV is currently unprofitable.

Growing Profit Margin: KAV is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: KAV is unprofitable, and losses have increased over the past 5 years at a rate of 42.6% per year.

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

Earnings vs Industry: KAV is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (42.5%).


Return on Equity

High ROE: KAV has a negative Return on Equity (-22.37%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Kavango Resources's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: KAV's short term assets ($2.8M) exceed its short term liabilities ($299.0K).

Long Term Liabilities: KAV has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: KAV is debt free.

Reducing Debt: KAV had no debt 5 years ago.


Balance Sheet


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: KAV has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: KAV has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 46.1% each year.


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Dividend

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

Dividend Score

0/6

Dividend 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 KAV's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KAV'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 KAV's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KAV'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 KAV has not reported any payouts.


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Management

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

1.5yrs

Average board tenure


CEO

Ben Turney (43 yo)

1.08yrs

Tenure

US$91,833

Compensation

Mr. Matthew Benjamin Turney, also known as Ben, serves as Executive Director at Kavango Resources Plc since January 08, 2021 and serves as Chief Executive Officer since June 2021. He has successfully insti...


CEO Compensation Analysis

Compensation vs Market: Ben's total compensation ($USD91.83K) is below average for companies of similar size in the UK market ($USD344.95K).

Compensation vs Earnings: Insufficient data to compare Ben's compensation with company performance.


Board Members

Experienced Board: KAV's board of directors are not considered experienced ( 1.5 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 19.3%.


Top Shareholders

Company Information

Kavango Resources Plc's employee growth, exchange listings and data sources


Key Information

  • Name: Kavango Resources Plc
  • Ticker: KAV
  • Exchange: LSE
  • Founded: NaN
  • Industry: Diversified Metals and Mining
  • Sector: Materials
  • Implied Market Cap: UK£9.798m
  • Shares outstanding: 435.46m
  • Website: https://www.kavangoresources.com

Number of Employees


Location

  • Kavango Resources Plc
  • Salisbury House
  • Suite 425
  • London
  • Greater London
  • EC2M 5PS
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/03 00:00
End of Day Share Price2022/07/01 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.