Kalgoorlie Gold Mining Limited (KAL) AI Stock Analysis

• Market Cap: AU$15.96M
• Dividend Yield: N/A
• Average Volume (3M): 1.96M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.32
• Revenue Growth: N/A
• EPS Growth: 88.21%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 455,870,180
• 10 Day Avg. Volume: 3,166,594
• 30 Day Avg. Volume: 1,957,908
• PEG Ratio: 0.07
• Price to Book (P/B): 0.65
• Price to Sales (P/S): 402.57
• P/FCF Ratio: -2.26
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 42 Neutral
• Price Target: AU$0.03 ▼(-32.00% Downside)
• Action: Reiterated Date: 03/10/26
• Date: Action: Reiterated 03/10/26

The score is driven primarily by weak financial quality (ongoing losses and negative operating cash flow), with technicals also bearish as the stock trades below all key moving averages and MACD is negative. Minimal leverage is a positive, but negative earnings (negative P/E) and lack of dividend data keep valuation support limited.

Positive Factors

Low Leverage

A debt-to-equity ratio of 0.012 signals a very conservative capital structure, reducing interest burden and financial distress risk. Over the medium term this provides flexibility to fund operations or capex from equity or internal cash, supporting resilience during cyclical downswings.

Strong Revenue Growth

A 1642.45% revenue jump indicates meaningful topline traction or new production/contract ramps. If sustained, this expands scale and market presence, enabling operating leverage and potential margin recovery as fixed costs are absorbed and the business converts scale into durable cash generation.

Improving Free Cash Flow

Near-doubling of free cash flow and a positive FCF-to-net-income ratio suggest the company is improving cash conversion or managing capex and working capital more efficiently. Over months this can extend runway and reduce reliance on external funding if the trend continues.

Negative Factors

Deep Negative Profitability

A deeply negative net margin and negative operating profitability indicate the core business is loss-making after costs. Persisting losses will erode equity, limit reinvestment capacity, and require sustained operational turnarounds or external capital to restore long-term viability.

Negative Operating Cash Flow

Negative operating cash flow means core operations do not generate sufficient cash, forcing dependence on financing or asset sales. This structural cash shortfall increases refinancing risk and constrains investment in growth or remediation initiatives over the coming months.

Negative Return on Equity

A negative ROE shows shareholder capital is not producing returns, reducing attractiveness to investors and making future equity raises more dilutive or difficult. Over time this undermines ability to fund growth internally and pressures management to materially improve unit economics.

Kalgoorlie Gold Mining Limited Business Overview & Revenue Model

Company Description

Kalgoorlie Gold Mining Limited (KAL) is an Australian mining company focused on the exploration, extraction, and production of gold. Based in the Kalgoorlie region of Western Australia, which is renowned for its rich gold deposits, KAL operates within the mining and minerals sector. The company’s core products include gold bullion and gold concentrates, which are generated through its mining operations and processing facilities. KAL is dedicated to sustainable mining practices and aims to contribute positively to the local economy and environment.

How the Company Makes Money

Kalgoorlie Gold Mining Limited Financial Statement Overview

Summary

Despite very strong revenue growth, profitability is weak (deeply negative net margin and negative EBIT/EBITDA margins) and operating cash flow remains negative. A very low debt-to-equity ratio supports balance-sheet resilience, but persistent losses and cash flow strain keep the score below average.

Income Statement

Kalgoorlie Gold Mining Limited shows significant revenue growth, with a 1642.45% increase in the latest year. However, the company is struggling with profitability, as indicated by negative net profit and EBIT margins. The gross profit margin is positive, but the net profit margin is deeply negative at -63.62%, reflecting substantial losses. The EBIT and EBITDA margins are also negative, indicating operational challenges.

Balance Sheet

The balance sheet reflects a low debt-to-equity ratio of 0.012, suggesting minimal leverage and a conservative capital structure. However, the return on equity is negative, indicating that the company is not generating profits from its equity base. The equity ratio is relatively stable, showing that the company maintains a strong equity position relative to its assets.

Cash Flow

Cash flow analysis reveals a significant free cash flow growth of 96.22%, yet the company continues to experience negative operating cash flow. The operating cash flow to net income ratio is negative, indicating cash flow challenges. However, the free cash flow to net income ratio is positive, suggesting some ability to cover net losses with free cash flow.

Breakdown	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	26.19K	9.48K	48.00	0.00	0.00
Gross Profit	26.19K	-74.72K	-74.73K	-22.12K	-92.09K
EBITDA	-865.66K	-7.43M	-884.58K	-777.75K	-2.21M
Net Income	-1.67M	-7.51M	-959.36K	-799.87K	-2.30M
Balance Sheet
Total Assets	16.75M	10.73M	16.73M	17.19M	36.10M
Cash, Cash Equivalents and Short-Term Investments	3.79M	603.18K	1.45M	3.66M	5.69M
Total Debt	194.80K	134.18K	68.08K	99.95K	51.79K
Total Liabilities	579.57K	372.73K	364.42K	531.20K	812.07K
Stockholders Equity	16.17M	10.35M	16.36M	16.66M	35.29M
Cash Flow
Free Cash Flow	-4.67M	-2.21M	-2.83M	-3.29M	-10.14M
Operating Cash Flow	-954.85K	-788.43K	-926.42K	-466.51K	-554.67K
Investing Cash Flow	-3.71M	-1.42M	-1.91M	-2.82M	-8.40M
Financing Cash Flow	7.85M	1.36M	624.78K	6.95M	4.64M

Kalgoorlie Gold Mining Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.05
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:KAL, the sentiment is Negative. The current price of 0.05 is above the 20-day moving average (MA) of 0.04, above the 50-day MA of 0.05, and above the 200-day MA of 0.05, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 35.67 is Neutral, neither overbought nor oversold. The STOCH value of 9.85 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:KAL.

Kalgoorlie Gold Mining Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
OZM	54 Neutral	AU$27.18M	-5.41	-77.84%	―	―	28.24%
HMG	53 Neutral	AU$29.75M	-1.48	-37.82%	―	―	-421.43%
BNR	50 Neutral	AU$15.27M	9.41	13.41%	―	―	―
NAG	44 Neutral	AU$10.55M	-3.61	-12.87%	―	12.08%	46.51%
IR1	44 Neutral	AU$33.53M	-1.26	-30.19%	―	―	9.01%
KAL	42 Neutral	AU$15.96M	-6.33	-11.86%	―	―	88.21%

Kalgoorlie Gold Mining Limited Corporate Events

Kalgoorlie Gold Mining Issues New Shares and Confirms Regulatory Compliance

Kalgoorlie Gold Mining Limited has issued 76,923 fully paid ordinary shares and has applied for their quotation on the ASX, advising that the shares were issued without a disclosure document under the Corporations Act. The company confirmed it is compliant with its financial reporting and continuous disclosure obligations and stated there is no excluded information that needs to be disclosed, signalling that the small equity issuance is being conducted within standard regulatory frameworks and without undisclosed material information for investors.

The most recent analyst rating on (AU:KAL) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Kalgoorlie Gold Mining Limited stock, see the AU:KAL Stock Forecast page.

Kalgoorlie Gold Mining Seeks ASX Quotation for 76,923 New Shares

Kalgoorlie Gold Mining Limited has applied for quotation on the ASX of 76,923 new ordinary fully paid shares, following the conversion of options or other convertible securities. The modest new share issuance marginally increases the company’s quoted capital base and may provide additional funding flexibility as it advances its gold exploration and development activities.

The most recent analyst rating on (AU:KAL) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Kalgoorlie Gold Mining Limited stock, see the AU:KAL Stock Forecast page.

Kalgoorlie Gold Mining doubles strike length of primary gold at Lighthorse prospect

Kalgoorlie Gold Mining has reported strong reverse circulation drilling results from its Lighthorse Prospect, nearly doubling the defined strike length of primary orogenic gold mineralisation from less than 600 metres to more than 1,100 metres, with the system remaining open to the north. The new drilling confirms that a previously defined 1,600-metre-long near-surface gold anomaly is sourced from a substantial primary gold system at depth, with thick zones of mineralisation associated with shearing, alteration, sulphides and veining, and closely aligned with a Sub-Audio Magnetic conductivity high. The results, which also include identification of primary gold mineralisation at the Wessex and Providence South prospects, underpin Lighthorse as a high-quality, large-scale target and have prompted plans for further infill and extensional RC drilling in early 2026, along with additional aircore programs to test surrounding targets and enhance KalGold’s discovery pipeline in the Pinjin region.

The most recent analyst rating on (AU:KAL) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Kalgoorlie Gold Mining Limited stock, see the AU:KAL Stock Forecast page.