Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to AU$5.48, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 3x in the Metals and Mining industry in Australia. Total returns to shareholders of 332% over the past three years. Recent Insider Transactions • May 06
Independent Non-Executive Director recently sold AU$318k worth of stock On the 1st of May, Peter Warren sold around 50k shares on-market at roughly AU$6.37 per share. This transaction amounted to 25% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth AU$420k. Insiders have been net sellers, collectively disposing of AU$809k more than they bought in the last 12 months. Duyuru • Feb 25
Kingsgate Consolidated Limited Declares an Interim Dividend for the Half Year Ended 31 December 2025, Payable on 10 April 2026 Kingsgate Consolidated Limited advised that the Board has declared an interim dividend of 10 cents per share (unfranked) for the half-year ended 31 December 2025, payable to all shareholders. Record date (Books close): 17 March 2026. Ex-dividend date:16 March 2026. Payment date: 10 April 2026. Board Change • Dec 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Non-Executive Director Peter Warren was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Oct 03
Kingsgate Consolidated Limited, Annual General Meeting, Nov 27, 2025 Kingsgate Consolidated Limited, Annual General Meeting, Nov 27, 2025. Reported Earnings • Aug 29
Full year 2025 earnings released: EPS: AU$0.11 (vs AU$0.78 in FY 2024) Full year 2025 results: EPS: AU$0.11 (down from AU$0.78 in FY 2024). Revenue: AU$336.7m (up 153% from FY 2024). Net income: AU$29.5m (down 85% from FY 2024). Profit margin: 8.7% (down from 150% in FY 2024). Production and reserves: Gold Production: 74.661 troy koz (37.015 troy koz in FY 2024) Silver Production: 625.7 troy koz (460.36 troy koz in FY 2024) Revenue is forecast to grow 28% p.a. on average during the next 2 years, compared to a 5.3% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 90% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Board Change • Aug 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Peter Warren was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 04
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Peter Warren was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 24
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Peter Warren was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Duyuru • Oct 04
Kingsgate Consolidated Limited, Annual General Meeting, Nov 26, 2024 Kingsgate Consolidated Limited, Annual General Meeting, Nov 26, 2024. Recent Insider Transactions • Sep 23
Independent Non-Executive Director recently bought AU$50k worth of stock On the 19th of September, Peter Warren bought around 40k shares on-market at roughly AU$1.25 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$82k more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • May 10
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$1.78, the stock trades at a forward P/E ratio of 115x. Average forward P/E is 2x in the Metals and Mining industry in Australia. Total returns to shareholders of 116% over the past three years. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$1.34, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 13x in the Metals and Mining industry in Australia. Total returns to shareholders of 50% over the past three years. New Risk • Mar 16
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risk Shareholders have been diluted in the past year (16% increase in shares outstanding). Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to AU$1.39, the stock trades at a trailing P/E ratio of 75.6x. Average trailing P/E is 12x in the Metals and Mining industry in Australia. Total returns to shareholders of 56% over the past three years. Valuation Update With 7 Day Price Move • Jan 29
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to AU$1.41, the stock trades at a trailing P/E ratio of 78.9x. Average trailing P/E is 12x in the Metals and Mining industry in Australia. Total returns to shareholders of 46% over the past three years. Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to AU$1.39, the stock trades at a trailing P/E ratio of 74.8x. Average trailing P/E is 11x in the Metals and Mining industry in Australia. Total returns to shareholders of 75% over the past three years. Duyuru • Oct 16
Kingsgate Consolidated Limited Announces Mining Operations Have Started in the A Pit West At the Chatree Gold Mine Kingsgate Consolidated Limited announced that mining operations have started in the A Pit West at the Chatree Gold Mine ("Chatree"). Initial works are focussing on mining approximately 200,000 tonnes of broken waste rock and ore that remained when Chatree was closed at the end of 2016. There are approximately 40,000 tonnes of ore that can be mined without blasting. Kingsgate is also pleased to advise that the first of five new Epiroc T45 drill rigs has arrived at Chatree, with the four remaining rigs expected to arrive shortly (See ASX:KCN release titled "Mining Operations and New Near-Surface Grade Control Drilling Update", dated 18 September 2023). Operator training for the drill rigs has initially commenced on a simulator and will be completed on the rigs themselves to ensure the drilling teams can hit the ground running and maintain continuity with the ongoing grade control drilling program. Pleasingly, the first shipment of explosives has now arrived in preparation for blasting, and works have also commenced on the first of a series of blast holes that will be ready to charge in November. Kingsgate continues to work closely with its mining contractor LotusHall Mining, to ensure the right mix of mining equipment is available as the mining schedule ramps up in the coming months, with the first new Caterpillar 395 excavator and five new Caterpillar 777 dump trucks arriving in mid-November. Duyuru • Oct 05
Kingsgate Consolidated Limited, Annual General Meeting, Nov 30, 2023 Kingsgate Consolidated Limited, Annual General Meeting, Nov 30, 2023, at 14:00 AUS Eastern Standard Time. Duyuru • May 25
Kingsgate Consolidated Limited Announces Chatree Gold Mine Delivering Good Ounces Kingsgate Consolidated Limited advised that the third shipment of doré bars from the Chatree Gold Mine has been refined and sold, yielding 1,074 ounces of gold, and 9,067 ounces of silver, netting the Company more than $4 million. This is another excellent result, and confirms the earlier estimates that ounces refined will trend upwards as the refining process continues to be fine-tuned. Plant #2 continues to perform above expectations and is continuing to run above nameplate capacity at an average of 370 dry tonnes throughput per hour, with an average head grade of 0.52 g/t Au, and recoveries remain above 85%. The first doré bar #00001 poured at Chatree earlier this year (which is silver in colour given its composition consists of both gold and silver) and the corresponding first gold bar #M23E001 produced by the PMR refinery. Akara Resources have been working closely with PMR to produce high quality 1kg cast gold bullion bars at 999.9% purity. The gold refining process is now operating on a consistent and pleasing weekly cycle ofgold pours, shipments to the refiners, and payments to the company. Duyuru • Feb 01
Kingsgate Consolidated Limited Announces Resignation of Peter Alexander from Board Kingsgate Consolidated Limited announced that Non-Executive Director, Peter Alexander, has resigned from the Kingsgate Board, effective 1 February 2023. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. No experienced directors. 3 highly experienced directors. Independent Non-Executive Director Peter Warren was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 01
Full year 2022 earnings released: AU$0.056 loss per share (vs AU$0.04 loss in FY 2021) Full year 2022 results: AU$0.056 loss per share (further deteriorated from AU$0.04 loss in FY 2021). Net loss: AU$12.4m (loss widened 40% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 2 highly experienced directors. Independent Non-Executive Director Peter Warren was the last director to join the board, commencing their role in 2014. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 19
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: AU$0.017 loss per share (up from AU$0.036 loss in 1H 2021). Net loss: AU$3.68m (loss narrowed 53% from 1H 2021). Revenue exceeded analyst estimates by 35%. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 85% per year, which means it is tracking significantly ahead of earnings growth. Is New 90 Day High Low • Jan 22
New 90-day high: AU$1.05 The company is up 23% from its price of AU$0.85 on 23 October 2020. The Australian market is up 12% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Metals and Mining industry, which is up 25% over the same period. Is New 90 Day High Low • Dec 29
New 90-day high: AU$0.94 The company is up 11% from its price of AU$0.85 on 01 October 2020. The Australian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 16% over the same period. 