Karora Resources (OTCPK:KRRG.F) - Stock Price, News & Analysis

KRRG.F Stock Overview

Karora Resources Inc. operates as a multi-asset mineral resource company in Australia.

KRRG.F fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	2/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 84.1% below our estimate of its fair value

Earnings are forecast to grow 81.66% per year

Risk Analysis

Profit margins (2.1%) are lower than last year (3.1%)

Shareholders have been diluted in the past year

Karora Resources Inc. Competitors

DRDGOLD

NYSE:DRD

US$717.6m

McEwen Mining

NYSE:MUX

US$605.8m

Polymetal International

OTCPK:AUCO.Y

US$899.9m

Fortitude Gold

OTCPK:FTCO

US$121.0m

Price History & Performance

Summary of all time highs, changes and price drops for Karora Resources
Historical stock prices
Current Share Price	CA$4.03
52 Week High	CA$4.20
52 Week Low	CA$2.62
Beta	2.08
1 Month Change	7.47%
3 Month Change	27.13%
1 Year Change	15.94%
3 Year Change	27.94%
5 Year Change	202.65%
Change since IPO	51.02%

Recent updates

Shareholder Returns

	KRRG.F	US Metals and Mining	US Market
7D	0.1%	2.2%	2.0%
1Y	15.9%	21.6%	22.3%

Return vs Industry: KRRG.F underperformed the US Metals and Mining industry which returned 21.6% over the past year.

Return vs Market: KRRG.F underperformed the US Market which returned 22.3% over the past year.

Price Volatility

Is KRRG.F's price volatile compared to industry and market?
KRRG.F volatility
KRRG.F Average Weekly Movement	6.5%
Metals and Mining Industry Average Movement	8.2%
Market Average Movement	6.0%
10% most volatile stocks in US Market	16.6%
10% least volatile stocks in US Market	3.0%

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

Volatility Over Time: KRRG.F's weekly volatility (7%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2006	n/a	Paul Huet	www.karoraresources.com

Karora Resources Inc. operates as a multi-asset mineral resource company in Australia. The company explores for gold, silver, and nickel deposits. It holds 100% interests in the Beta Hunt mine; the Higginsville Gold operations; and Spargos Reward Gold project located in Western Australia.

Karora Resources Inc. Fundamentals Summary

How do Karora Resources's earnings and revenue compare to its market cap?
KRRG.F fundamental statistics
Market cap	US$725.73m
Earnings (TTM)	US$6.53m
Revenue (TTM)	US$304.71m

110.4x

P/E Ratio

2.4x

P/S Ratio

Is KRRG.F overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KRRG.F income statement (TTM)
Revenue	CA$416.32m
Cost of Revenue	CA$252.11m
Gross Profit	CA$164.21m
Other Expenses	CA$155.29m
Earnings	CA$8.92m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.05
Gross Margin	39.44%
Net Profit Margin	2.14%
Debt/Equity Ratio	10.6%

How did KRRG.F perform over the long term?

See historical performance and comparison

KRRG.F Stock Overview

Rewards

Risk Analysis

Karora Resources Inc. Competitors

NYSE:DRD

US$717.6m

NYSE:MUX

US$605.8m

OTCPK:AUCO.Y

US$899.9m

OTCPK:FTCO

US$121.0m

Price History & Performance

Recent News & Updates

Westgold Resources Limited (ASX:WGX) agreed to acquire Karora Resources Inc. (TSX:KRR).

Karora Resources Inc. Provides Production Guidance for the Full Year 2024

Ramelius Resources Ends Buyout Talks with Karora Resources

Karora Resources Inc. Updates Production Guidance for the Full Year 2024

Karora Resources Inc. Drills 13.7% Ni over 2.6 Metres, and 15.4% Ni over 0.6 Metres Further Demonstrating the High-Grade Potential of the Open-Ended 50C Nickel Trough

Karora Resources Inc. Announces New Fletcher Zone Gold Drilling Results of 3.8 G/T over 33.0 Metres and 34.6 G/T over 2.0 Metres At Beta Hunt

Recent updates

Westgold Resources Limited (ASX:WGX) agreed to acquire Karora Resources Inc. (TSX:KRR).

Karora Resources Inc. Provides Production Guidance for the Full Year 2024

Ramelius Resources Ends Buyout Talks with Karora Resources

Karora Resources Inc. Updates Production Guidance for the Full Year 2024

Karora Resources Inc. Drills 13.7% Ni over 2.6 Metres, and 15.4% Ni over 0.6 Metres Further Demonstrating the High-Grade Potential of the Open-Ended 50C Nickel Trough

Karora Resources Inc. Announces New Fletcher Zone Gold Drilling Results of 3.8 G/T over 33.0 Metres and 34.6 G/T over 2.0 Metres At Beta Hunt

Karora Resources Inc. to Report Q4, 2023 Results on Mar 22, 2024

Karora Resources Inc. Announces Strong Increases in Beta Hunt Gold Mineral Resources, Grades and Gold Mineral Reserves

Karora Resources Inc. Provides Production Guidance for the Year 2023 and 2024

Karora Resources Inc. to Report Q3, 2023 Results on Nov 10, 2023

Karora Resources Inc. Announces Further Significant Results from Gold Exploration and Infill Drilling At the Beta Hunt Mine and Spargos Mine

Karora Resources Inc. Reports Results from Fletcher South Infill Drill Program Showing Strong Continuity with Intersections of 15.9 g/t Over 6.0 Metres and 4.8 g/t Over 32.0 Metres

Karora Resources Appoints Tony Makuch to the Board of Directors

Karora Resources Inc. Provides Production Guidance for the Year Ending December 31, 2023 and Year Ending December 31, 2024

Karora Resources Inc. Announces Additional Significant Results from Gold Exploration Drilling Targeting the Fletcher Zone At the Beta Hunt Mine

Karora Resources Inc. to Report Q2, 2023 Results on Aug 14, 2023

Karora Resources Inc. Provides Production Guidance for the Full Year 2023

Karora Resources Inc., Annual General Meeting, Jun 22, 2023

Karora Resources Inc. Announces Significant Increases in Beta Hunt Gold Mineral Resources and Gold Mineral Reserves

Karora Resources Inc. Drills 9.5 g/t Over 7.1 metres at Western Flanks Deeps and Extends Potential Mineralized Strike at New Mason Zone to 700 metres

Karora Resources Inc. Provides Consolidated Production Guidance for the Full Year of 2022, 2023 and 2024

Karora Resources Inc. to Report Q3, 2022 Results on Nov 07, 2022

Karora Resources Drills 12.0 G/T over 17.0 Metres in New Mason Zone and Extends Western Flanks Mineralization to 250 Metres Below Current Mineral Resource

Karora Resources Inc. Provides Production Guidance for 2024

Karora Resources Inc. Drills 6.0 g/t Au over 13.0 metres in New Mason Zone and Provides Beta Hunt Development Update

Karora Resources Inc. Appoints Bevan Jones as Chief Operating Officer, Australia

Karora Resources Announces Positive Nickel Pea for Beta Hunt Mine Producing 9,400 Payable Nickel Tonnes and Base Case Pre-Tax Irr of 105%

Karora Resources Inc Announces Drill Results from Beta Hunt

Karora Resources Inc. to Report Q2, 2022 Results on Aug 12, 2022

Karora Resources Inc. (TSX:KRR) completed the acquisition of 1.0 Mtpa Lakewood Mill gold processing facility located near Kalgoorlie for AUD 81 million.

Karora Resources Inc. Announces High-Grade Drill Results from the Larkin Zone

Karora Resources Inc. announced that it has received $0.2595 million in funding

Karora Resources Inc. has completed a Follow-on Equity Offering in the amount of CAD 60 million.

Karora Resources Inc.:VVV) has entered into a binding agreement to acquire 1.0 Mtpa Lakewood Mill gold processing facility located near Kalgoorlie for AUD 80 million.

Karora Resources Inc. Announces Discovery of New Shear Zone and New Drilling Results

Karora Resources Inc. Appoints Meri Verli to Board of Directors, Effective May 16, 2022

Karora Resources Inc. Announces Its Updated Nickel Measured and Indicated Mineral Resource Estimate for the Beta Hunt Mine

Karora Resources Inc. Appoints Tony Makuch to the Role of Special Advisor to the Corporation

Karora Resources Inc., Annual General Meeting, Jun 16, 2022

Karora Resources Inc. Provides Production Guidance for the Full Year 2022

Karora Resources Inc. Announces its Consolidated Gold Measured and Indicated Mineral Resource, Net of Depletions, Has Increased

Karora Resources Inc. to Report Q4, 2021 Results on Mar 14, 2022

Karora Resources Inc. Announces High Grade Nickel Drill Results Including 3.8% over 10.9 Metres and 4.2% over 3.0 Metres 50C Nickel Zone Mineralized Strike Length Now Extended to over 200 Metres

Karora Resources Inc. Provides Production Guidance for the Fiscal Year 2022

Karora Resources Inc. Announces New Exploration Drilling Results from the Beta Hunt Mine

Karora Resources Inc. Announces New Exploration Drilling Results from Lake Cowan at its Higginsville Greater Project Area

Karora Announces Major Extension of Beta Hunt Larkin Zone to over 1,000 Metres of Strike, Including 9.4 g/t over 11.0 Metres and Provides Beta Hunt Exploration Update

Karora Resources Inc. Announces Strong Drill Results from the New Larkin Zone At Its Beta Hunt Mine

Karora Resources Inc. Provides Production Guidance for 2021

Karora Resources Inc. Announces Drilling At Spargos Reward Extends High Grade Gold Plunging Shoot to over 300 Metres Down-Plunge with Intersection of 6.1 G/T over 14 Metres as Resource Definition Drilling Completed Ahead of Resource Update

Karora Resources Inc. to Report Q4, 2020 Results on Mar 19, 2021

Karora Resources Inc. Announces Executive Changes

Karora Resources Inc. Intersects 19.0 g/t Gold Over 9.0 metres including 542 g/t over 0.3 metres with Visible Gold Mineralization Observed in Larkin Zone Drill Core at Beta Hunt

Karora Resources Inc. Provides Production Guidance for the Full Year 2021

Karora Resources Inc. Provides Update on Beta Hunt and Higginsville Operations in Western Australia

Karora Resources Inc. Intersects 29.8 G/T Gold over 19.0 Metres and 27.3 G/T Gold over 15.0 Metres from Initial Drilling At Spargos Project

Karora Resources Inc. Provides Update on 2020 Drilling Program

Karora Resources Inc. Announces New Coarse Gold Occurrence at Beta Hunt

Karora Resources Inc. to Report Q3, 2020 Results on Nov 12, 2020