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Koonenberry Gold Limited (AU:KNB)
ASX:KNB
Australian Market

Koonenberry Gold Limited (KNB) AI Stock Analysis

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AU

Koonenberry Gold Limited

(Sydney:KNB)

Rating:52Neutral
Price Target:―
Koonenberry Gold Limited's stock score is primarily impacted by weak financial performance, with significant challenges in income generation and cash flow. Technical analysis shows positive momentum, providing some optimism. However, valuation concerns due to a negative P/E ratio dampen the outlook.

Koonenberry Gold Limited (KNB) vs. iShares MSCI Australia ETF (EWA)

Koonenberry Gold Limited Business Overview & Revenue Model

Company DescriptionKoonenberry Gold Limited, together with its subsidiaries, explores for gold and mineral properties in Australia. It owns 100% interest in the Koonenberry Gold project that covers an area of approximately 1,339 km2 comprising a total of twelve exploration licenses located in north-western New South Wales. The company was incorporated in 2017 and is based in West Perth, Australia.
How the Company Makes MoneyKoonenberry Gold Limited makes money primarily through the exploration and potential development of gold resources. The company's revenue model is based on discovering economically viable gold deposits that can be mined and processed. Key revenue streams include raising capital through equity financing, which funds exploration activities, and potentially, in the future, through the sale of gold produced from successful mining operations. Additionally, the company may enter into partnerships or joint ventures with other mining companies to share exploration risks and costs, potentially receiving financial contributions or profit-sharing arrangements as part of such collaborations. However, as an exploration company, Koonenberry Gold Limited currently does not generate revenue from gold production and relies heavily on investment and funding to support its operations.

Koonenberry Gold Limited Financial Statement Overview

Summary
Koonenberry Gold Limited faces significant financial challenges with poor income generation and profitability, reflected in negative net income and margins. The balance sheet shows a strong equity position but declining assets and cash reserves indicate liquidity issues. Cash flow is weak, with negative free cash flow and reliance on external financing.
Income Statement
25
Negative
Koonenberry Gold Limited has shown limited revenue generation capacity, with revenues declining from AUD 69,974 in 2023 to zero in 2024. The company has consistently reported negative net income, resulting in poor net profit margins. EBIT and EBITDA margins are also negative, reflecting ongoing operational losses and inefficiencies.
Balance Sheet
60
Neutral
The company's balance sheet highlights a healthy equity position with a high equity ratio, evidenced by a substantial increase in stockholders' equity over the years. However, the debt-to-equity ratio remains low, suggesting minimal reliance on debt financing. Despite this, the company faces an overall decline in total assets and cash reserves, indicating potential liquidity challenges.
Cash Flow
30
Negative
Koonenberry Gold Limited exhibits weak cash flow generation, with negative free cash flow and a declining operating cash flow. The company has struggled to fund its operations through internal cash generation, relying on financing activities to support cash flows. Free cash flow to net income and operating cash flow to net income ratios are unfavorable, highlighting ongoing cash management issues.
BreakdownTTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue2.73K0.0069.97K17.90K0.000.00
Gross Profit2.73K-122.67K-44.83K-61.30K-74.30K-86.97K
EBITDA-1.51M-1.17M-1.44M-1.49M-816.77K-160.13K
Net Income-1.55M-1.29M-1.56M-1.65M-1.03M-247.11K
Balance Sheet
Total Assets15.82M10.29M9.05M10.42M5.18M4.22M
Cash, Cash Equivalents and Short-Term Investments4.37M1.65M1.86M4.99M606.28K707.63K
Total Debt28.47K54.46K96.73K0.002.57M667.76K
Total Liabilities335.23K405.20K273.94K287.45K3.30M1.31M
Stockholders Equity15.49M9.88M8.77M10.13M1.88M2.91M
Cash Flow
Free Cash Flow-1.76M-2.21M-3.29M-2.59M-1.54M-635.20K
Operating Cash Flow-908.42K-763.67K-1.21M-1.70M-397.09K-14.13K
Investing Cash Flow-1.59M-1.45M-1.87M-1.08M-1.14M-621.07K
Financing Cash Flow6.30M2.05M-42.93K7.17M1.44M1.34M

Koonenberry Gold Limited Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.03
Price Trends
50DMA
0.06
Negative
100DMA
0.05
Negative
200DMA
0.03
Negative
Market Momentum
MACD
>-0.01
Positive
RSI
23.05
Positive
STOCH
<0.01
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:KNB, the sentiment is Negative. The current price of 0.03 is below the 20-day moving average (MA) of 0.04, below the 50-day MA of 0.06, and below the 200-day MA of 0.03, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 23.05 is Positive, neither overbought nor oversold. The STOCH value of <0.01 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:KNB.

Koonenberry Gold Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (43)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUKNB
52
Neutral
AU$32.79M―-13.07%――37.93%
43
Neutral
AU$1.38B-6.10-40.62%4.17%-4.78%-43.21%
$1.64B11.5521.73%―――
$17.11B21.4511.01%2.71%――
$9.86B21.1616.97%1.81%――
$2.32B25.8913.42%0.84%――
$1.89B7.8226.42%1.22%――
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:KNB
Koonenberry Gold Limited
0.03
<0.01
50.00%
WFRSF
West African Resources Ltd
1.58
0.53
50.48%
NESRF
Northern Star Resources Ltd
11.69
3.21
37.85%
CAHPF
Evolution Mining
4.85
2.67
122.48%
ELKMF
Gold Road Resources Ltd
2.25
1.15
104.55%
RMLRF
Ramelius Resources Limited
1.58
0.36
29.51%

Koonenberry Gold Limited Corporate Events

Datt Capital Increases Stake in Koonenberry Gold Limited
May 5, 2025

Koonenberry Gold Limited has experienced a change in the interests of its substantial holder, Datt Capital. The voting power of Datt Capital has increased from 12.81% to 14.83% following an on-market purchase of 19,040,393 ordinary shares by Abadi Investments Pty Ltd, a related entity. This change indicates a strengthened position for Datt Capital within Koonenberry Gold Limited, potentially impacting the company’s governance and strategic decisions.

Koonenberry Gold Limited Issues Shares and Vests Performance Rights
May 5, 2025

Koonenberry Gold Limited has announced the issuance of 405,000 fully paid ordinary shares following the exercise of employee incentive performance rights. Additionally, the company reported the vesting of previously issued performance rights to employees and the Managing Director, based on achieving specific share price milestones and continuous service. This development reflects the company’s commitment to incentivizing its workforce and aligning their interests with shareholder value, potentially impacting its operational focus and market positioning.

Koonenberry Gold Limited Issues New Securities to Bolster Exploration Efforts
May 5, 2025

Koonenberry Gold Limited has announced the issuance of 405,000 fully paid ordinary securities, which will be quoted on the ASX. This move is part of the company’s strategy to enhance its capital structure and support its ongoing exploration and development efforts, potentially strengthening its position in the gold mining sector.

Koonenberry Gold Strikes Gold in Sixth Consecutive Drill Hole at Enmore Project
Apr 30, 2025

Koonenberry Gold Limited announced the successful intersection of visible gold in its sixth diamond drill hole at the Enmore Gold Project in northeast New South Wales. This marks a consistent discovery of gold across all six drill holes in their inaugural drilling program. The results indicate significant gold mineralization, with the potential for high-grade gold deposits, enhancing the company’s exploration prospects. The ongoing drilling program aims to further delineate the extent of the mineralization, with additional results expected in the coming months. The company’s strategic focus on the Enmore Project could strengthen its position in the gold mining sector and provide potential benefits to stakeholders.

Datt Capital Increases Stake in Koonenberry Gold
Apr 29, 2025

Koonenberry Gold Limited has experienced a change in the interests of its substantial holder, Datt Capital. The company, which operates in the gold mining industry, has seen Datt Capital increase its voting power from 11.28% to 12.81% through market purchases of ordinary shares. This change in shareholding could potentially impact the company’s decision-making processes and influence its strategic direction, reflecting Datt Capital’s increased stake and interest in Koonenberry Gold’s future operations.

Koonenberry Gold Reports Significant Gold Discoveries at Enmore Project
Apr 29, 2025

Koonenberry Gold Limited announced promising assay results from its third diamond drillhole at the Enmore Gold Project’s Sunnyside Prospect in northeast New South Wales. The results revealed significant gold mineralization, including a 102-meter interval at 1.10 grams per tonne of gold, with a high-grade section of 9.7 meters at 3.57 grams per tonne. These findings suggest the potential for broad shallow gold mineralization and high-grade zones at depth, with mineralization remaining open in multiple directions. The company is well-funded with $5.35 million in cash, allowing it to continue its exploration activities and potentially expand its drilling program.

Koonenberry Gold Faces Shareholder-Requested Meeting for Board Changes
Apr 28, 2025

Koonenberry Gold Limited has received a request from shareholders holding over 5% of voting rights to call a general meeting. The meeting’s agenda includes resolutions to remove certain directors and appoint new ones, as well as a proposal to consolidate the company’s share capital. The company is assessing the validity of these requests and will update shareholders accordingly.

Koonenberry Gold Reports Promising Gold Intersections at Enmore Project
Apr 22, 2025

Koonenberry Gold Limited has reported the intersection of visible gold in the fifth drill hole of its diamond drilling program at the Enmore Gold Project. The results indicate the potential for both broad intervals of shallow gold mineralization and high-grade zones at depth, with mineralization extending from the surface to 300 meters vertically. The ongoing drilling program aims to further explore the extent of gold mineralization, with additional results from previous holes expected soon. This development could enhance the company’s positioning in the gold mining sector and provide significant insights for stakeholders regarding the project’s potential.

Koonenberry Gold Limited Reports Promising Drilling Results and Financial Strength
Apr 16, 2025

Koonenberry Gold Limited reported significant progress in its exploration activities during the quarter ending March 31, 2025. At the Enmore Gold Project, the company achieved promising drilling results, including high-grade gold intercepts, and expanded its project area to secure additional targets. The Lachlan Copper-Gold Projects, in partnership with Newmont, also showed encouraging drilling and geochemical results. Financially, the company strengthened its position with a $2 million capital raise and reported a cash balance of $5.35 million, positioning it well for continued exploration efforts.

Koonenberry Gold Unveils Promising Assay Results at Enmore Project
Apr 14, 2025

Koonenberry Gold Limited announced promising assay results from its second diamond drillhole at the Sunnyside Prospect within the Enmore Gold Project, revealing significant gold mineralization. The results indicate a potential for both shallow bulk tonnage and high-grade gold zones, with mineralization open along strike and at depth. This development enhances the project’s prospects and could have positive implications for the company’s exploration strategy and stakeholder interests.

Koonenberry Gold Updates Remuneration Framework Post-Acquisition
Apr 10, 2025

Koonenberry Gold Limited has revised its executive and Board remuneration framework to align with its strategic objectives following recent acquisitions and ongoing drilling programs. The new incentive plan aims to retain skills, reward value creation, and align director interests with shareholders. The company plans to seek shareholder approval for these performance rights at the 2025 Annual General Meeting, indicating a strategic move to enhance its market position and operational efficiency.

Koonenberry Gold Limited Updates on Exploration Activities
Apr 6, 2025

Koonenberry Gold Limited has released a presentation outlining its current activities and exploration efforts. The announcement emphasizes that no new exploration results are reported, and it includes cautionary statements regarding visual estimates of mineralization, highlighting the need for laboratory assays for accurate assessments. The company maintains that previous exploration results adhere to the JORC Code and ASX Listing Rules, ensuring transparency and compliance in its reporting.

Koonenberry Gold to Host Investor Webinar on Promising Drill Results
Apr 3, 2025

Koonenberry Gold Limited announced an investor webinar to discuss significant assay results from its first diamond drillhole at the Sunnyside Prospect of the Enmore Gold Project. The results, which include a notable gold intersection, are expected to impact the company’s exploration strategy and investor interest positively.

Koonenberry Gold Unveils Promising Drill Results at Enmore Project
Apr 2, 2025

Koonenberry Gold Limited has announced promising assay results from its first diamond drillhole at the Enmore Gold Project’s Sunnyside Prospect in northeast New South Wales. The results revealed a significant gold intercept, indicating the potential for both broad intervals of gold mineralization and high-grade gold zones. This discovery supports historical drill results and suggests that gold mineralization remains open in several directions. The ongoing drilling program aims to further explore these promising zones, with additional results expected soon.

Datt Capital Increases Stake in Koonenberry Gold Limited
Mar 27, 2025

Datt Capital has increased its stake in Koonenberry Gold Limited, raising its voting power from 10.22% to 11.28% through the acquisition of an additional 10 million ordinary shares. This change in substantial holding reflects a strategic move by Datt Capital to strengthen its influence within the company, potentially impacting Koonenberry Gold’s strategic decisions and market positioning.

Koonenberry Gold Limited Updates on Exploration Activities
Mar 24, 2025

Koonenberry Gold Limited has released an investor presentation detailing its ongoing exploration activities in New South Wales. The announcement emphasizes the company’s commitment to discovering gold and copper, although no new exploration results are reported. The company maintains that previous exploration results comply with industry standards and that there have been no material changes to the data. This release has been sanctioned by the Board, indicating a strategic focus on transparency and adherence to regulatory requirements.

Datt Capital Increases Stake in Koonenberry Gold Limited
Mar 20, 2025

Koonenberry Gold Limited announced that Datt Capital, an existing shareholder, has increased its stake in the company by purchasing an additional 35,000,000 shares from Global Uranium & Enrichment Ltd. This transaction does not alter the escrow expiry date, as a new voluntary escrow agreement was established with Datt Capital. This move signifies a strengthened position for Datt Capital within Koonenberry Gold, potentially impacting the company’s strategic direction and shareholder dynamics.

Koonenberry Gold Identifies New Gold Zones at Enmore Project
Mar 17, 2025

Koonenberry Gold Limited has identified visible gold in the third and fourth drill holes of its diamond drilling program at the Enmore Gold Project in northeast New South Wales. This discovery, along with previous findings, suggests a significant potential for gold mineralization within a structural corridor measuring 125m by 550m. Despite a temporary pause in drilling due to weather conditions, the company anticipates resuming operations shortly and expects initial drill results in early April 2025. The findings could enhance Koonenberry’s industry positioning by confirming the geological model and expanding the search space for gold deposits.

Koonenberry Gold Limited Releases Half-Year Financial Report
Mar 12, 2025

Koonenberry Gold Limited has released its half-year financial report for the period ending December 31, 2024. The report includes comprehensive financial statements, such as the interim consolidated statement of profit or loss, statement of financial position, changes in equity, and cash flows. This release provides stakeholders with insights into the company’s financial health and operational performance over the past six months, which could influence investor decisions and market positioning.

Koonenberry Gold Advances Fairholme JV Project with Newmont’s Drilling Initiative
Mar 9, 2025

Koonenberry Gold Limited has announced that Newmont Exploration Pty Ltd, a subsidiary of Newmont Corporation, has commenced a drilling program at the Fairholme Copper-Gold JV Project in New South Wales. This initiative is fully funded by Newmont, which aims to earn up to an 80% interest in the project through a $5 million expenditure. The drilling will target geophysical features similar to those at the Northparkes copper-gold mine, potentially uncovering significant resources. This development positions Koonenberry Gold strategically within a world-class mining province, enhancing its exploration potential and stakeholder value.

Koonenberry Gold Extends Visible Gold Zone at Enmore Project
Feb 26, 2025

Koonenberry Gold Limited has reported the intersection of visible gold in its second drill hole at the Enmore Gold Project in New South Wales. This discovery extends the previously identified gold zone by 100 meters down-dip, indicating significant potential for high-grade gold. The ongoing drilling program aims to further explore and define the mineralization, with initial results expected in early April. This development is strategically important for Koonenberry Gold as it enhances the company’s resource base and strengthens its position in the gold mining sector.

Koonenberry Gold Expands Enmore Project with New Exploration License
Feb 25, 2025

Koonenberry Gold Limited has expanded its Enmore Gold Project in New South Wales by securing an exploration license for an additional 168 square kilometers, increasing its total project area to 302 square kilometers. This expansion aims to capitalize on the region’s promising geology, similar to the nearby Hillgrove gold-antimony mine, and follows significant historical soil sampling results that indicate high potential for gold and antimony discoveries. The company plans to conduct further sampling and mapping to explore these targets, potentially enhancing its position in the gold mining sector.

Koonenberry Gold Expands with New Share Issuance and Exploration License
Feb 20, 2025

Koonenberry Gold Limited announced the issuance of 66,666,670 fully paid ordinary shares to investors, highlighting compliance with relevant provisions of the Corporations Act. Additionally, the company has applied for a new exploration license contiguous with its existing projects, which could expand its operational capacity and influence in the gold mining sector.

Koonenberry Gold Limited Expands ASX Listing with New Securities
Feb 20, 2025

Koonenberry Gold Limited announced the quotation of 66,666,670 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of February 20, 2025. This move is part of previously announced transactions, potentially enhancing the company’s financial position and providing liquidity to its stakeholders.

Koonenberry Gold Strikes Visible Gold at Enmore Project
Feb 19, 2025

Koonenberry Gold Limited has successfully intersected visible gold in its first drill hole at the Enmore Gold Project in New South Wales, marking a significant milestone in its diamond drilling program. The findings confirm an orogenic gold model at Enmore, with multiple targets identified for future exploration, potentially enhancing the company’s operational prospects and industry positioning.

Koonenberry Gold Limited Advances with Performance Rights Vesting and New Issuances
Feb 13, 2025

Koonenberry Gold Limited announced the fulfillment of vesting conditions for Tranche B of their NED and MD Performance Rights, allowing the conversion of 5,950,000 rights into ordinary shares. Additionally, the company issued 3,766,800 performance rights as part of its Securities Incentive Plan to motivate future performance, indicating robust operational momentum and a focus on aligning employee incentives with company growth objectives.

Koonenberry Gold Limited Issues Performance Rights to Employees
Feb 13, 2025

Koonenberry Gold Limited announced the issuance of 3,766,800 unquoted performance rights as part of an employee incentive scheme. This move reflects the company’s strategic focus on aligning employee interests with its growth objectives, potentially strengthening its operational capabilities and market positioning.

Koonenberry Gold Secures $2 Million for Expanded Exploration
Feb 13, 2025

Koonenberry Gold Limited has announced a share placement to raise $2 million from institutional investors, including Datt Capital. The funds will be used to accelerate exploration activities at the Enmore and Lachlan projects, including expanding the drilling program at Sunnyside and advancing exploration at Prince of Wales and Breakfast Creek to a drill-ready status. This strategic investment positions Koonenberry to enhance its exploration efforts and potentially increase its value creation in the mining industry.

Datt Capital Acquires Substantial Stake in Koonenberry Gold
Feb 10, 2025

Koonenberry Gold Limited has announced a significant update regarding its shareholder structure, with Datt Capital becoming a substantial holder effective from February 10, 2025. Datt Capital now holds 6.52% of the voting power in Koonenberry Gold, with a total of 57,000,000 fully paid ordinary shares. This change in substantial holding may influence the company’s strategic decisions and is an important update for existing and potential investors.

Koonenberry Gold Begins Drilling at Enmore Project, Targeting Expanded Gold Mineralization
Feb 10, 2025

Koonenberry Gold Limited has commenced a diamond drilling program at the Enmore Gold Project in northeastern New South Wales, targeting the Sunnyside Prospect. The initiative aims to expand the gold mineralization footprint by drilling 5-7 holes spanning approximately 2,000 meters. This drilling is set to explore significant gold mineralization previously intersected, with the potential for bulk tonnage and high-grade gold similar to the nearby Hillgrove Gold-Antimony Mine. The company plans to conduct additional exploration activities alongside drilling to advance other district targets to drill-ready status, marking the first follow-up on these results since initial discoveries.

Koonenberry Gold Achieves Performance Rights Vesting
Feb 5, 2025

Koonenberry Gold Limited has announced the successful vesting of performance rights, allowing for the conversion of 5,950,000 performance rights into ordinary shares. This milestone was achieved after meeting the required volume weighted average price condition, indicating positive operational progress for the company.

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: Apr 25, 2025