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Kingfisher Mining Ltd. (AU:KFM)
ASX:KFM
US Market

Kingfisher Mining Ltd. (KFM) AI Stock Analysis

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AU:KFM

Kingfisher Mining Ltd.

(Sydney:KFM)

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Neutral 50 (OpenAI - 5.2)
Rating:50Neutral
Price Target:
AU$0.10
▲(11.11% Upside)
The score is held down primarily by weak financial performance (no meaningful revenue, persistent losses, and ongoing cash burn). Technicals are a supportive offset with the stock trading above major moving averages and positive momentum indicators, while valuation remains unattractive/unclear due to negative earnings and no dividend data.
Positive Factors
Low leverage / financial flexibility
Very low debt reduces solvency and refinancing risk, giving management runway to pursue exploration and development milestones without immediate debt servicing pressure. Over months, a conservative capital structure supports ability to raise capital selectively and preserve optionality.
Reduced cash burn in 2025
A materially smaller cash burn in 2025 versus 2024 indicates improving operational discipline or lower funding needs. Sustained reduction in burn rate extends runway, lowers near-term financing dependence, and improves probability of reaching exploration value inflection points.
Early-stage exploration profile
Being in an early-stage exploration/development phase entails structural upside: successful resource definition or permitting can transform the revenue outlook. This long-term optionality is a core positive for investors focused on resource discovery and mid-term project value creation.
Negative Factors
No meaningful revenue and persistent losses
Absence of meaningful revenue combined with recurring ~A$2.0M losses shows the business is not yet generating operating returns. Over months this sustains reliance on external capital, increases dilution risk, and means fundamentals hinge on exploration success rather than cash-generative operations.
Negative cash flow; not self-funding
Consistent negative operating and free cash flow implies the company must access external financing for continued operations and project work. Structurally, this raises execution risk, potential dilution, and constrains the pace of exploration or development absent committed funding sources.
Eroding equity and sharply negative ROE
Material declines in shareholder equity and a ~-51% ROE reflect persistent value erosion from losses. Over the medium term, deteriorating capital base limits strategic flexibility, worsens leverage metrics under stress, and signals poor capital allocation or insufficient progress toward revenue generation.

Kingfisher Mining Ltd. (KFM) vs. iShares MSCI Australia ETF (EWA)

Kingfisher Mining Ltd. Business Overview & Revenue Model

Company DescriptionKingfisher Mining Limited operates as a copper, gold, and base metals exploration company. It holds interest in the Boolaloo, Kingfisher, Mick Well, and Arthur River projects located in the Northwest of Western Australia. Kingfisher Mining Limited was incorporated in 2018 and is based in Perth, Australia.
How the Company Makes MoneyKingfisher Mining Ltd. makes money primarily through the exploration and development of mineral resources, with a focus on gold and base metals. The company generates revenue by identifying promising mineral deposits and enhancing their value through exploration activities. Once a viable resource is confirmed, Kingfisher may either develop the site into a mining operation, which involves extracting and selling the minerals, or sell the rights to the deposit to other mining companies. Additionally, Kingfisher could engage in joint ventures or partnerships with other companies to share the costs and revenues associated with exploration and development projects. The company's success is largely dependent on its ability to discover economically viable mineral deposits and the prevailing market prices for these commodities.

Kingfisher Mining Ltd. Financial Statement Overview

Summary
Very weak operating profile with effectively no recent revenue, persistent sizable net losses (~2.0M in 2025), and ongoing negative operating results. Cash flows remain negative (not self-funding), though minimal leverage provides some financial flexibility despite declining equity and sharply negative ROE.
Income Statement
12
Very Negative
The company has effectively no revenue in the last two annual periods (down from modest revenue in 2023), while losses remain sizable (net loss of ~2.0M in 2025 vs ~1.9M in 2024). Profitability is consistently weak with negative gross profit in 2024–2025 and deeply negative operating results across the full history provided, indicating the business is still in a heavy investment/early-stage phase with limited operating leverage and high earnings volatility.
Balance Sheet
58
Neutral
Leverage is very low (debt-to-equity ~0.8% in 2025), which provides financial flexibility and lowers solvency risk. However, equity has trended down materially from 2023 to 2025 (likely reflecting ongoing losses), and returns on equity are sharply negative (about -51% in 2025), highlighting continued value erosion despite a conservative capital structure.
Cash Flow
33
Negative
Cash generation remains negative, with both operating cash flow and free cash flow below zero in most years (including 2024–2025), consistent with an exploration/development profile. The 2025 cash burn appears much smaller than 2024, but free cash flow growth is extremely negative and cash flows are not yet self-funding, keeping financing dependence as a key risk.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue0.000.000.0067.10K2.71K319.00
Gross Profit-64.86K-64.86K-65.62K14.53K2.71K319.00
EBITDA-605.57K-605.57K-1.09M-1.96M-848.68K-947.94K
Net Income-2.01M-2.01M-1.86M-2.01M-896.10K-967.00K
Balance Sheet
Total Assets4.04M4.04M5.87M7.86M4.66M5.48M
Cash, Cash Equivalents and Short-Term Investments1.63M1.63M1.96M3.38M2.18M4.33M
Total Debt30.05K30.05K50.34K78.41K98.80K118.47K
Total Liabilities87.66K87.66K115.43K282.65K264.34K184.93K
Stockholders Equity3.95M3.95M5.75M7.58M4.40M5.30M
Cash Flow
Free Cash Flow-971.65K-1.36K-2.01M-3.16M-2.12M-1.49M
Operating Cash Flow-264.90K-554.00-981.38K-1.12M-808.58K-1.39M
Investing Cash Flow701.34K701.00-1.03M-2.04M-1.31M-103.05K
Financing Cash Flow-20.29K-20.00-19.55K4.35M-24.17K5.82M

Kingfisher Mining Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.09
Price Trends
50DMA
0.08
Positive
100DMA
0.08
Positive
200DMA
0.06
Positive
Market Momentum
MACD
<0.01
Negative
RSI
63.86
Neutral
STOCH
100.00
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:KFM, the sentiment is Positive. The current price of 0.09 is below the 20-day moving average (MA) of 0.09, above the 50-day MA of 0.08, and above the 200-day MA of 0.06, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 63.86 is Neutral, neither overbought nor oversold. The STOCH value of 100.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:KFM.

Kingfisher Mining Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
51
Neutral
AU$11.54M-0.39-93.45%27.01%
50
Neutral
AU$10.20M-3.00-41.50%-6.38%
48
Neutral
AU$5.36M-4.65-9.21%54.74%
44
Neutral
AU$10.41M-161.53%
43
Neutral
AU$13.38M-2.80-91.16%56.90%
36
Underperform
AU$8.32M-0.80-145.66%34.61%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:KFM
Kingfisher Mining Ltd.
0.10
0.07
216.67%
AU:AS2
Askari Metals Limited
0.02
<0.01
33.33%
AU:PKO
Peako Limited
AU:MOH
Moho Resources Ltd.
0.01
<0.01
40.00%
AU:RCR
Rincon Resources Ltd.
0.02
<0.01
81.82%
AU:ATT
Copper Search Ltd.
0.03
>-0.01
-10.34%

Kingfisher Mining Ltd. Corporate Events

Kingfisher Mining Accelerates NSW Expansion with Copper Blow Drilling After Strategic Acquisition
Jan 20, 2026

Kingfisher Mining has completed the acquisition of a portfolio of 11 copper-gold and silver-lead-zinc tenements in New South Wales, covering 700km² across the Broken Hill, Cobar and Macquarie Arc regions, and has rapidly initiated work programs including a maiden drilling campaign at the Copper Blow IOCG prospect near Broken Hill. During the quarter, the company drilled six reverse circulation holes totalling 930 metres at Copper Blow as a precursor to a maiden mineral resource estimate, began a systematic review of high-grade historical silver-lead-zinc results at the Allendale and other West Broken Hill prospects, and engaged Terra Resources to run geophysical reviews and airborne surveys over its NSW portfolio, while concurrently reassessing its Gascoyne rare earths assets in Western Australia; it closed the period with $2.411 million in cash and listed investments, underpinning the next phase of exploration and potentially strengthening its position in key Australian metals districts.

The most recent analyst rating on (AU:KFM) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Kingfisher Mining Ltd. stock, see the AU:KFM Stock Forecast page.

Kingfisher Mining Director Warren Hallam Steps Down but Retains Indirect Stake
Jan 1, 2026

Kingfisher Mining Limited has announced that director Warren Hallam has ceased to be a director of the company as of 1 January 2026. According to the final director’s interest notice lodged with the ASX, Hallam holds no securities as a registered holder, but retains indirect interests through the Hallam Superannuation Fund and via his spouse, collectively amounting to a substantial parcel of fully paid ordinary shares and unquoted options, which indicates that he remains financially exposed to the company’s performance despite stepping down from the board.

The most recent analyst rating on (AU:KFM) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Kingfisher Mining Ltd. stock, see the AU:KFM Stock Forecast page.

Kingfisher Mining Founder-Director Warren Hallam to Step Down from Board
Dec 21, 2025

Kingfisher Mining Limited has announced that founding non-executive chair and long-serving non-executive director Warren Hallam will resign from the board effective 1 January 2026 to pursue other interests. Chair Scott Huffadine credited Hallam with playing a pivotal role in guiding the company through its ASX listing, its key rare earths discovery in Western Australia’s Gascoyne region, and its more recent strategic shift towards a significant base and precious metals portfolio in New South Wales, marking a notable leadership transition for the explorer as it advances its diversified asset base.

Kingfisher Mining Begins Drilling at Copper Blow Project
Dec 11, 2025

Kingfisher Mining Ltd. has commenced drilling at its Copper Blow Project in the Broken Hill region, marking a significant step in its exploration strategy. The drilling aims to enhance geological understanding and establish a Mineral Resource Estimate, which could bolster the company’s position in the copper market. The company plans further exploration in 2026, leveraging high-grade historical drill results from various targets, including the Allendale project, to expand its exploration pipeline.

Austin Metals Enhances Focus with Strategic Asset Sale
Dec 10, 2025

Austin Metals Limited has successfully settled a binding agreement with Kingfisher Mining Ltd for the sale of its Broken Hill tenement package in New South Wales, receiving $400,000 in cash and shares. This strategic divestment allows Austin to concentrate on its flagship Austin Gold Project, enhancing its financial position and supporting exploration programs for 2026, which is expected to create significant value for shareholders.

Kingfisher Mining Issues 4 Million Shares to Boost Exploration Efforts
Dec 10, 2025

Kingfisher Mining Limited announced the issuance of 4,000,000 fully paid ordinary shares without disclosure to investors under the Corporations Act. The company has complied with relevant provisions of the Corporations Act and there is no excluded information as of the announcement date. This move is part of Kingfisher’s ongoing efforts to enhance its operations and market positioning, potentially impacting stakeholders by increasing the company’s capital for further exploration and development activities.

Kingfisher Mining Ltd Announces Quotation of New Securities
Dec 10, 2025

Kingfisher Mining Ltd has announced the quotation of 4,000,000 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, indicating the company’s efforts to enhance its market presence and potentially increase its capital base.

Kingfisher Mining Completes Strategic Acquisition of NSW Mineral Projects
Dec 10, 2025

Kingfisher Mining Limited has successfully completed the acquisition of a portfolio of copper, gold, silver, lead, and zinc projects in New South Wales from Austin Metals Limited. This strategic acquisition, approved by shareholders, positions Kingfisher Mining to immediately commence exploration activities, with drilling set to begin at the Copper Blow Project. The acquisition enhances the company’s exploration opportunities in three established mining districts, potentially boosting its market positioning and offering significant exploration prospects.

Kingfisher Mining Announces Director’s Change in Securities Holdings
Dec 8, 2025

Kingfisher Mining Limited has announced a change in the director’s interest as Scott Huffadine disposed of 500,000 unquoted options that were set to expire on December 5, 2025. This adjustment in the director’s securities holdings reflects a strategic decision, potentially impacting the company’s governance and signaling a shift in internal financial strategies.

Kingfisher Mining Ltd Issues 4 Million Unquoted Options
Nov 25, 2025

Kingfisher Mining Ltd has announced the issuance of 4,000,000 unquoted 10-cent options set to expire on November 24, 2028. This move is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s equity structure and providing new opportunities for stakeholders.

Kingfisher Mining Ltd Issues Unquoted Equity Securities
Nov 24, 2025

Kingfisher Mining Ltd has announced the issuance of 9,526,019 unquoted equity securities, specifically options expiring on September 2, 2028, with an exercise price of 0.10. This issuance is part of previously announced transactions and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and providing strategic financial flexibility.

Kingfisher Mining Ltd Announces Quotation of New Securities
Nov 24, 2025

Kingfisher Mining Ltd has announced a new application for the quotation of 14,052,066 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a previously announced transaction, reflecting the company’s ongoing efforts to enhance its market presence and liquidity. The issuance of these securities is expected to have implications for the company’s operations and market positioning, potentially benefiting stakeholders by increasing the company’s capital and visibility in the market.

Kingfisher Mining Transitions Share Registry Services to Xcend
Oct 31, 2025

Kingfisher Mining Limited has announced a change in its share registry services from Automic Registry Services Limited to Xcend Pty Ltd, effective from November 3, 2025. This transition aims to enhance shareholder management through Xcend’s secure online investor portal, which offers features for managing shareholder details, viewing balances, and accessing documents, potentially improving operational efficiency and shareholder engagement.

Kingfisher Mining Ltd Issues Unquoted Options
Oct 30, 2025

Kingfisher Mining Ltd has announced the issuance of 6,500,000 unquoted 10-cent options, set to expire on October 30, 2028. This move, part of a previously announced transaction, reflects the company’s ongoing strategic financial maneuvers, potentially impacting its market positioning and stakeholder interests.

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: Jan 24, 2026