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Kingsgate Consolidated Limited (AU:KCN)
:KCN
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Kingsgate Consolidated Limited (KCN) AI Stock Analysis

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AU

Kingsgate Consolidated Limited

(OTC:KCN)

Rating:72Outperform
Price Target:
AU$2.50
▼(-1.96%Downside)
Kingsgate Consolidated Limited's overall stock score of 72 is driven by strong technical analysis, highlighting significant price momentum. Financial performance shows potential with revenue growth and net profitability, though operating challenges and cash flow need improvement. The stock is attractively valued, but overbought indicators suggest caution for short-term investors.

Kingsgate Consolidated Limited (KCN) vs. iShares MSCI Australia ETF (EWA)

Kingsgate Consolidated Limited Business Overview & Revenue Model

Company DescriptionKingsgate Consolidated Limited engages in the exploration, development, and mining of gold and silver mineral properties. It holds a 100% interest in the Nueva Esperanza gold/silver project located in the Atacama region of northern Chile; and Chatree gold mine located in central Thailand. The company was incorporated in 1970 and is based in Sydney, Australia.
How the Company Makes MoneyKingsgate Consolidated Limited generates revenue primarily through the extraction and sale of gold and silver from its mining operations. The company's key revenue streams include the sale of refined gold and silver, which are extracted from its mining sites. Significant factors contributing to its earnings include the market prices of gold and silver, the efficiency and cost-effectiveness of its mining operations, and its ability to manage operational risks. Additionally, the company may engage in strategic partnerships and joint ventures that enhance its exploration and production capabilities, further contributing to its revenue generation.

Kingsgate Consolidated Limited Financial Statement Overview

Summary
Kingsgate Consolidated Limited exhibits strong revenue growth and net profitability, but faces challenges with operating losses and cash flow generation. The balance sheet shows moderate leverage and improved equity returns, though historical equity fluctuations pose risks.
Income Statement
65
Positive
Kingsgate Consolidated Limited has shown significant revenue growth from 2023 to 2024, with an increase from $27.3 million to $133.1 million, indicating a strong upward trajectory in sales. However, the company experienced a negative EBIT margin of -14.64% in 2024, reflecting operating losses, despite a positive EBITDA margin of 160.67%. The net profit margin also improved substantially to 150.11% in 2024 due to high net income, suggesting strong profitability at the net level.
Balance Sheet
55
Neutral
The company's financial leverage is notable, with a debt-to-equity ratio of 0.24 in 2024, indicating moderate leverage. The equity ratio stands at 63.68%, showing a solid proportion of equity financing. Return on equity dramatically improved to 80.65% in 2024, driven by high net income, though potential risks from fluctuating equity levels and historical negative equity should be considered.
Cash Flow
70
Positive
Free cash flow improved from -$46 million in 2023 to -$7.65 million in 2024, indicating progress in cash management. The operating cash flow to net income ratio is relatively low at 0.06, suggesting that net income is not fully supported by operating cash flows. The company needs to enhance cash generation from operations for sustained growth.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue210.69M133.09M27.34M0.0012.34M0.00
Gross Profit24.30M-599.00K-15.05M-101.00K8.99M-214.00K
EBITDA256.53M213.84M22.57M-10.40M-7.38M-22.50M
Net Income218.94M199.76M4.74M-12.42M-8.88M-24.24M
Balance Sheet
Total Assets526.35M388.94M126.72M43.76M44.69M51.55M
Cash, Cash Equivalents and Short-Term Investments15.35M6.98M9.57M7.42M9.98M15.57M
Total Debt127.91M59.41M24.04M19.89M11.15M12.71M
Total Liabilities232.24M141.25M76.67M51.65M36.38M39.23M
Stockholders Equity294.11M247.69M50.05M-7.89M8.30M12.31M
Cash Flow
Free Cash Flow20.68M-7.65M-46.02M-13.80M-4.42M-24.44M
Operating Cash Flow48.04M11.68M-45.26M-13.78M-4.42M-24.44M
Investing Cash Flow-47.29M-24.49M-5.88M1.62M-1.16M-4.00K
Financing Cash Flow4.50M7.86M52.74M9.59M-86.00K-1.93M

Kingsgate Consolidated Limited Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2.55
Price Trends
50DMA
2.17
Positive
100DMA
1.82
Positive
200DMA
1.60
Positive
Market Momentum
MACD
0.10
Negative
RSI
65.12
Neutral
STOCH
81.06
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:KCN, the sentiment is Positive. The current price of 2.55 is above the 20-day moving average (MA) of 2.36, above the 50-day MA of 2.17, and above the 200-day MA of 1.60, indicating a bullish trend. The MACD of 0.10 indicates Negative momentum. The RSI at 65.12 is Neutral, neither overbought nor oversold. The STOCH value of 81.06 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:KCN.

Kingsgate Consolidated Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUKCN
72
Outperform
AU$657.27M3.00140.63%145.50%893.45%
44
Neutral
C$979.29M-6.67-13.73%2.43%17.55%-32.57%
$262.42M22.395.86%
$203.13M-15.72%
€221.62M-7.25%
€293.19M-40.25%
AUBC8
48
Neutral
AU$551.89M-7.78%-875.00%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:KCN
Kingsgate Consolidated Limited
2.55
0.90
54.55%
ALKEF
Alkane Resources Ltd
0.45
0.08
21.62%
STBMF
St. Barbara
0.18
0.02
12.50%
DE:1KX0
Meeka Gold Limited
0.06
0.04
200.00%
DE:MN4A
Turaco Gold Ltd
0.25
0.13
108.33%
AU:BC8
Black Cat Syndicate Ltd.
0.78
0.44
129.41%

Kingsgate Consolidated Limited Corporate Events

Kingsgate Consolidated Updates Director’s Shareholding
Jun 20, 2025

Kingsgate Consolidated Limited has announced a change in the director’s interest notice for Ross Donald Smyth-Kirk, involving an off-market trade of fully paid ordinary shares. The transaction resulted in a reallocation of shares among various entities and individuals associated with Smyth-Kirk, with no net change in the total number of shares held. This adjustment in shareholding is part of routine corporate governance and does not indicate a shift in strategic direction, but stakeholders may view it as a reflection of internal financial management.

The most recent analyst rating on (AU:KCN) stock is a Buy with a A$4.00 price target. To see the full list of analyst forecasts on Kingsgate Consolidated Limited stock, see the AU:KCN Stock Forecast page.

Kingsgate Consolidated Shifts Share Register Management to MUFG
May 30, 2025

Kingsgate Consolidated Limited has announced a change in the management of its share register, transferring responsibility to MUFG Corporate Markets (AU) Limited, effective from June 16, 2025. This change is significant for stakeholders as it involves a new contact point for documentation submissions, potentially impacting how shareholders and interested parties interact with the company.

The most recent analyst rating on (AU:KCN) stock is a Buy with a A$4.00 price target. To see the full list of analyst forecasts on Kingsgate Consolidated Limited stock, see the AU:KCN Stock Forecast page.

Kingsgate Consolidated Updates on Share Buy-Back Progress
May 26, 2025

Kingsgate Consolidated Limited has announced an update regarding its ongoing share buy-back program. The company reported that it bought back 484,500 ordinary fully paid securities on the previous day, adding to a total of 705,620 securities repurchased before that day. This buy-back initiative is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:KCN) stock is a Buy with a A$4.00 price target. To see the full list of analyst forecasts on Kingsgate Consolidated Limited stock, see the AU:KCN Stock Forecast page.

Kingsgate Consolidated Updates on Share Buy-Back Program
May 25, 2025

Kingsgate Consolidated Limited has announced an update on its ongoing on-market buy-back program, where it repurchased 155,959 ordinary fully paid securities on the previous day, bringing the total number of securities bought back to 549,661. This buy-back initiative is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value and reflecting confidence in its financial stability.

The most recent analyst rating on (AU:KCN) stock is a Buy with a A$4.00 price target. To see the full list of analyst forecasts on Kingsgate Consolidated Limited stock, see the AU:KCN Stock Forecast page.

Kingsgate Consolidated Updates on Share Buy-Back Program
May 21, 2025

Kingsgate Consolidated Limited has announced an update regarding its ongoing share buy-back program. As of May 22, 2025, the company has repurchased a total of 549,661 ordinary fully paid securities, with 150,000 bought back on the previous day. This buy-back initiative is part of Kingsgate’s strategy to optimize its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (AU:KCN) stock is a Buy with a A$4.00 price target. To see the full list of analyst forecasts on Kingsgate Consolidated Limited stock, see the AU:KCN Stock Forecast page.

Kingsgate Consolidated Initiates On-Market Buy-Back
May 20, 2025

Kingsgate Consolidated Limited has announced an update regarding its on-market buy-back of ordinary fully paid securities. The company reported that it bought back 153,445 securities on the previous day, marking the first buy-back since the initial notification on May 1, 2025. This buy-back activity could potentially impact the company’s share value and investor confidence as it reflects the company’s strategy to manage its capital and shares in the market.

The most recent analyst rating on (AU:KCN) stock is a Buy with a A$4.00 price target. To see the full list of analyst forecasts on Kingsgate Consolidated Limited stock, see the AU:KCN Stock Forecast page.

Kingsgate Consolidated Reports Minor Ramp Slip at Chatree Mine
May 19, 2025

Kingsgate Consolidated Limited reported a minor slip in the Chatree Gold Mine’s A-West Main Mine Access Ramp, which did not result in any injuries or equipment damage. The company has implemented an updated mine plan to continue operations through an alternative ramp, allowing access to higher-grade ore blocks. This incident may lead to a temporary impact on gold production, with an estimated output of 75,000 ounces for FY25.

The most recent analyst rating on (AU:KCN) stock is a Buy with a A$4.00 price target. To see the full list of analyst forecasts on Kingsgate Consolidated Limited stock, see the AU:KCN Stock Forecast page.

Kingsgate Consolidated Initiates On-Market Buy-Back
May 1, 2025

Kingsgate Consolidated Limited has announced a new on-market buy-back of its ordinary fully paid securities, as indicated by the ASX security code KCN. This move is likely aimed at optimizing the company’s capital structure and potentially enhancing shareholder value, reflecting a strategic decision to manage its equity base effectively.

Kingsgate Consolidated Announces Share Buy-Back to Boost Shareholder Value
May 1, 2025

Kingsgate Consolidated Limited has announced its intention to initiate an on-market share buy-back as part of its capital management strategy aimed at enhancing shareholder value. This decision reflects the company’s assessment of market conditions, liquidity, and compliance factors, and is expected to impact its market positioning and stakeholder interests positively.

Kingsgate Consolidated Reports Strong Quarterly Growth in Gold Production
Apr 30, 2025

Kingsgate Consolidated Limited reported a strong performance for the quarter ending March 2025, with a 15% increase in gold production and a 13% decrease in all-in sustaining costs (AISC), resulting in a record AISC margin of US$1,036. The company also saw a 36% increase in available cash and bullion, and its processing plants are operating above capacity. These achievements, alongside successful exploration and implementation of new ore control technology, position the Chatree Gold Mine favorably for future growth, enhancing Kingsgate’s operational efficiency and market competitiveness.

Kingsgate’s Successful Technology Trial Boosts Chatree Gold Mine Efficiency
Apr 24, 2025

Kingsgate Consolidated Limited has successfully trialed Hexagon Blast Movement Technology at its Chatree Gold Mine, achieving over US$700,000 in value for a cost of US$20,000. The technology, which reduces ore loss and dilution by tracking blast movement with sensor-equipped balls, will now be used continuously at the mine, reflecting the company’s commitment to improving productivity and cost efficiency.

Kingsgate Consolidated to Present at ASX CEO Connect Event
Apr 15, 2025

Kingsgate Consolidated Limited announced its participation in the April ASX CEO Connect event, where it will present alongside other ASX-listed companies. The presentation will primarily cover previously disclosed information as the company prepares to release its March 2025 Quarterly Report. This engagement underscores Kingsgate’s ongoing efforts to maintain transparency with stakeholders and its strategic positioning within the mining sector.

Kingsgate Consolidated Advances Exploration at Key Projects
Apr 14, 2025

Kingsgate Consolidated Limited has announced significant progress in its exploration activities at the Chatree South-East Complex and Chang Puek Prospect, confirming substantial gold and silver continuity. The company has completed 67% of its planned drilling for 2025, with promising results that will inform an inaugural resource estimate. Additionally, Kingsgate is advancing its Nueva Esperanza Development Project in Chile, having completed road repairs and initiated geochemical sampling, which underscores its strategic focus on expanding its resource base and enhancing its market position.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 14, 2025