Kalgoorlie Gold Mining Limited (KAL) AI Stock Analysis

• Market Cap: AU$19.15M
• Dividend Yield: N/A
• Average Volume (3M): 1.96M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.20
• 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: 46 Neutral
• Price Target: AU$0.04 ▼(-18.00% Downside)
• Action: Reiterated Date: 02/14/26
• Date: Action: Reiterated 02/14/26

The score is primarily constrained by weak financial quality—ongoing losses and negative operating cash flow despite rapid revenue growth—partly offset by very low leverage. Technicals are mixed with a negative MACD and price below key longer-term averages, while valuation is also limited by a negative P/E and no dividend support.

Positive Factors

Low leverage / conservative balance sheet

Extremely low debt-to-equity provides durable financial resilience, reducing insolvency risk and giving the company flexibility to fund operations or tolerate cyclical gold prices. A conservative capital structure supports multi-month runway for execution without heavy refinancing.

Rapid revenue growth

Very strong top-line growth indicates accelerating market traction or higher production/sales volumes. If sustained, this expansion can enable operating leverage, better supplier terms and scale benefits that materially improve margins and long-term competitiveness.

Free cash flow improvement

A near-doubling in free cash flow and a positive FCF-to-net-income ratio signal improving ability to generate discretionary cash. This supports funding of capex or working capital internally and reduces dependence on external financing if the trend continues.

Negative Factors

Deeply negative profitability

Very large negative net and operating margins indicate core operations currently destroy value. Persistent unprofitability will erode equity, constrain reinvestment, and delay any sustainable return to investors absent meaningful margin improvement or cost restructuring.

Negative operating cash flow

Sustained negative operating cash flow is a structural weakness: it forces reliance on financing or asset sales to fund operations, undermines self-sustaining growth, and raises execution risk if revenue growth fails to convert into stable operating cash.

Negative return on equity

Negative ROE shows capital deployed is not producing shareholder returns, signaling inefficient use of equity and raising questions about management's ability to convert growth into profitable returns; this hampers long-term capital attraction and value creation.

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 generates revenue primarily through the sale of gold. The company extracts gold ore from its mining sites and processes it to produce gold bullion and concentrates, which are then sold to various markets, including gold refineries and jewelers. Key revenue streams include direct sales of gold products and potential royalties from mining operations. Additionally, KAL may engage in joint ventures or partnerships with other mining companies or stakeholders to enhance its operational capabilities and expand its resource base, thereby increasing its profitability. Fluctuations in global gold prices significantly impact the company's revenue, and effective cost management in mining operations is critical to maintaining profitability.

Kalgoorlie Gold Mining Limited Financial Statement Overview

Summary

Strong revenue growth, but profitability remains weak with deeply negative net and operating margins and negative operating cash flow. Balance sheet leverage is very low, which supports financial resilience, but persistent losses and cash flow strain materially limit the score.

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 -30.36 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$31.47M	-5.41	-74.55%	―	―	28.24%
HMG	53 Neutral	AU$27.76M	-1.48	-34.50%	―	―	-421.43%
BNR	50 Neutral	AU$15.56M	9.41	13.41%	―	―	―
NAG	47 Neutral	AU$13.42M	-6.96	-12.69%	―	12.08%	46.51%
KAL	46 Neutral	AU$19.15M	-6.33	-12.57%	―	―	88.21%
IR1	44 Neutral	AU$31.05M	-1.26	-30.19%	―	―	9.01%

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.

Kalgoorlie Gold Mining Issues New Shares in Compliance with Corporations Act

Kalgoorlie Gold Mining Limited has announced the issuance of 358,209 fully paid ordinary shares without disclosure to investors, in compliance with relevant sections of the Corporations Act 2001. This move signifies the company’s adherence to regulatory requirements and may impact its financial standing and shareholder value.

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.

Kalgoorlie Gold Mining Limited Announces Quotation of New Securities

Kalgoorlie Gold Mining Limited has announced the quotation of 358,209 ordinary fully paid securities on the Australian Securities Exchange (ASX) as part of a previously announced transaction. This move is expected to enhance the company’s liquidity and provide additional capital for its ongoing exploration and development projects, potentially strengthening its position in the gold mining sector.

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.

Kalgoorlie Gold Mining Updates Securities Issue Announcement

Kalgoorlie Gold Mining Limited has updated its previous announcement regarding the proposed issue of securities. The update clarifies that the allotment was mistakenly stated as being issued from 7.1A capacity and should instead be under 7.1 capacity. This correction is important for compliance with the ASX Listing Rules and ensures the proper classification of the non-cash issue, which could impact the company’s financial reporting and stakeholder relations.

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.