Kavango Resources (LSE:KAV) - Share price, News & Analysis

KAV fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

KAV Stock Overview

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

Risk Analysis

Earnings have declined by 46.8% per year over past 5 years

Highly volatile share price over the past 3 months

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

Latest financial reports are more than 6 months old

+ 2 more risks

Kavango Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kavango Resources
Historical stock prices
Current Share Price	UK£0.028
52 Week High	UK£0.065
52 Week Low	UK£0.024
Beta	1.5
1 Month Change	-5.17%
3 Month Change	-45.55%
1 Year Change	-40.22%
3 Year Change	-32.93%
5 Year Change	n/a
Change since IPO	-15.38%

Shareholder Returns

	KAV	GB Metals and Mining	GB Market
7D	-6.8%	5.6%	0.8%
1Y	-40.2%	-3.1%	-5.0%

Return vs Industry: KAV underperformed the UK Metals and Mining industry which returned -3.1% over the past year.

Return vs Market: KAV underperformed the UK Market which returned -5% over the past year.

Price Volatility

Is KAV's price volatile compared to industry and market?
KAV volatility
KAV Average Weekly Movement	16.0%
Metals and Mining Industry Average Movement	8.6%
Market Average Movement	6.1%
10% most volatile stocks in GB Market	11.6%
10% least volatile stocks in GB Market	3.2%

Stable Share Price: KAV is more volatile than 90% of UK stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: KAV's weekly volatility has increased from 11% to 16% over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	8	Ben Turney	https://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 Cap	US$14.07m
Earnings (TTM)	-US$1.23m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-11.5x

P/E Ratio

Is KAV overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
KAV income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$1.23m
Earnings	-US$1.23m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	-0.003
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	0.0%

How did KAV perform over the long term?

See historical performance and comparison

Valuation

Is Kavango Resources undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

2.44x

Price to Book (PB) ratio

Share Price vs. Fair Value

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 Ratio

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

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

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: KAV is overvalued based on its PB Ratio (2.4x) compared to the GB Metals and Mining industry average (1.4x).

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

-10.9%

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.

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

-46.8%

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 46.8% 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 (-21.36%), as it is currently unprofitable.

Financial Health

How is Kavango Resources's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

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 ($2.9M) exceed its short term liabilities ($243.0K).

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: Insufficient data to determine if KAV has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if KAV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.

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.

Discover strong dividend paying companies

Management

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

1.3yrs

Average board tenure

CEO

Ben Turney (42 yo)

0.92

Tenure

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...

Board Members

Experienced Board: KAV's board of directors are not considered experienced ( 1.3 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 16.8%.

Data	Last Updated (UTC time)
Company Analysis	2022/05/20 00:00
End of Day Share Price	2022/05/20 00:00
Earnings	2021/06/30
Annual Earnings	2020/12/31