Koonenberry Gold Limited (KNB) AI Stock Analysis

• Market Cap: AU$24.66M
• Dividend Yield: N/A
• Average Volume (3M): 6.24M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.85
• Revenue Growth: N/A
• EPS Growth: 50.00%
• Country: AU
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Gold
• EPS (TTM): >-0.01
• Shares Outstanding: 1,027,460,000
• 10 Day Avg. Volume: 7,564,228
• 30 Day Avg. Volume: 6,237,751
• PEG Ratio: 0.19
• Price to Book (P/B): 1.18
• Price to Sales (P/S): 204.21
• P/FCF Ratio: -6.41
• 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: 44 Neutral
• Price Target: AU$0.02 ▼(-42.50% Downside)
• Action: Reiterated Date: 03/07/26
• Date: Action: Reiterated 03/07/26

The score is primarily held back by recurring losses and ongoing cash burn, which outweigh the recent revenue rebound. Technical signals also point to a sustained downtrend with weak momentum. Low leverage supports financial flexibility, but the lack of profitability (negative P/E) keeps the overall assessment cautious.

Positive Factors

Low Leverage / Strong Balance Sheet

Extremely low debt and materially stronger equity provide durable financial flexibility for an early-stage explorer. This reduces near-term refinancing risk, lets the company fund drilling and permitting, and gives time to advance targets before seeking expensive capital.

Focused Exploration Business Model

A clear, repeatable exploration model—tenement acquisition plus systematic sampling, geophysics and drilling—aligns with long-term resource discovery economics. That business model can create asymmetric upside on discoveries and supports staged capital deployment over multiple programs.

Early Revenue Rebound

An initial revenue pickup indicates early operational traction or monetisation activity, reducing absolute dependence on financing if sustained. While small, recurring revenue can signal the start of a transition from pure exploration spend toward value-creating commercial steps.

Negative Factors

Persistent Cash Burn

Consistent negative operating and free cash flow implies ongoing funding needs and dilution risk. For an explorer, sustained cash burn limits ability to run parallel drill programs, forces dependence on markets or partners, and can pressure timelines to advance targets.

Ongoing Operating Losses

Material operating and net losses with deeply negative margins show the business has not reached sustainable profitability. High exploration costs relative to revenue mean the company must either materially scale revenue or secure steady funding to avoid derailing project advancement.

Negative Returns on Equity

A negative ROE indicates the expanded equity base has yet to generate returns, undermining investor capital efficiency. Persistent negative ROE makes it harder to attract long-term funding on favorable terms and signals a longer timeline to deliver shareholder value.

Koonenberry Gold Limited Business Overview & Revenue Model

Company Description

Koonenberry 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 Money

Koonenberry 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

Despite a rebound in FY2025 revenue, results remain dominated by sizeable operating and net losses and persistently negative margins. Cash flow is consistently negative with ongoing free-cash-flow burn, indicating continued funding needs. The balance sheet is a relative positive with very low leverage and improved equity, but negative ROE underscores that profitability has not yet been established.

Income Statement

Revenue rebounded in FY2025 to 123,737 (up sharply from a zero-revenue FY2024), but profitability remains weak: the company continues to post sizeable operating losses and a net loss of 2,138,061. Margins are deeply negative (net margin ~-17.3% in FY2025) and have been consistently loss-making over the full period, indicating the business has not yet reached a sustainable earnings base despite the top-line improvement.

Balance Sheet

The balance sheet is a relative strength: leverage is very low in FY2025 (debt-to-equity ~0.005), and equity has grown materially versus prior years, supporting financial flexibility for an early-stage gold name. The key weakness is persistent negative returns on equity (FY2025 ROE ~-10%), reflecting ongoing losses and limited evidence yet that the asset base is translating into profitability.

Cash Flow

Cash generation remains pressured, with negative operating cash flow in every year shown (FY2025 operating cash flow -1,468,261) and even more negative free cash flow (FY2025 -3,944,907), suggesting continued cash burn. While free cash flow is less negative than reported net loss in multiple years (e.g., FY2025 free cash flow to net income ~2.69), the overall trend still indicates the company likely requires ongoing funding until operations improve.

Breakdown	Jun 2025	Jun 2024	Jun 2023	Jun 2022	Jun 2021
Income Statement
Total Revenue	123.74K	0.00	69.97K	17.90K	0.00
Gross Profit	123.74K	-122.67K	-44.83K	-61.30K	-74.30K
EBITDA	-2.01M	-1.17M	-1.44M	-1.51M	-816.77K
Net Income	-2.14M	-1.29M	-1.56M	-1.65M	-1.03M
Balance Sheet
Total Assets	22.07M	10.29M	9.05M	10.42M	5.18M
Cash, Cash Equivalents and Short-Term Investments	8.68M	1.65M	1.86M	4.99M	606.28K
Total Debt	111.50K	54.46K	96.73K	0.00	2.57M
Total Liabilities	655.19K	405.20K	273.94K	287.45K	3.30M
Stockholders Equity	21.41M	9.88M	8.77M	10.13M	1.88M
Cash Flow
Free Cash Flow	-3.94M	-2.21M	-3.29M	-2.59M	-1.54M
Operating Cash Flow	-1.47M	-763.67K	-1.21M	-1.70M	-397.09K
Investing Cash Flow	-2.48M	-1.45M	-1.87M	-1.08M	-1.14M
Financing Cash Flow	10.97M	2.05M	-42.93K	7.17M	1.44M

Koonenberry Gold Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.04
• 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:KNB, the sentiment is Negative. The current price of 0.04 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a bearish trend. The MACD of >-0.01 indicates Positive momentum. The RSI at 34.82 is Neutral, neither overbought nor oversold. The STOCH value of 19.05 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

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AWJ	65 Neutral	AU$66.42M	-42.37	10.47%	―	-6.77%	-18.18%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
SKY	54 Neutral	AU$182.85M	-11.11	-20.15%	―	―	―
AGC	46 Neutral	AU$57.90M	-14.40	-3.30%	―	―	6.52%
KNB	44 Neutral	AU$24.66M	-11.82	-13.66%	―	―	50.00%
NXM	44 Neutral	AU$39.85M	-3.61	-53.46%	―	―	-39.53%
FXG	42 Neutral	AU$142.70M	-15.58	-8.41%	―	―	-12.00%

Koonenberry Gold Limited Corporate Events

Koonenberry Gold Distributes Over $680,000 in JMEI Tax Credits to Shareholders

Koonenberry Gold Limited has allocated $433,234.23 in Junior Minerals Exploration Incentive tax credits to eligible shareholders who participated in its share placements during the financial year ended 30 June 2025, on a pro rata basis. It has also distributed a further $246,834.57 in previously unused JMEI tax credits from the 2024 financial year to investors in the April 2024 private placement and entitlement offer.

The company’s share registry will issue statements detailing the JMEI amounts available for shareholders to claim in their tax returns. By using the JMEI scheme, Koonenberry converts a portion of its carried-forward tax losses from qualifying greenfield exploration into refundable tax credits, enhancing the effective value of past capital raisings and providing a tangible tax benefit to its investor base.

The most recent analyst rating on (AU:KNB) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Koonenberry Gold Limited stock, see the AU:KNB Stock Forecast page.

Koonenberry Gold Extends Deep High-Grade Zones at Enmore’s Sunnyside Prospect

Koonenberry Gold reported new diamond drilling results from the Sunnyside Prospect at its Enmore Gold Project in NSW, extending the known gold mineralisation a further 165 metres below previous drilling to 415 metres vertical over roughly 260 metres of strike. The assays reveal broad zones of potentially bulk-tonnage mineralisation with high-grade intervals at depth, and the system remains open in multiple directions, prompting ongoing step-out drilling along the Sunnyside Shear Zone, deeper drilling at the nearby Hand in Hand prospect, and expanded geophysical and soil sampling work along regional structures to generate new targets, supported by a cash position of $6.3 million as at 31 December 2025.

The most recent analyst rating on (AU:KNB) stock is a Sell with a A$0.03 price target. To see the full list of analyst forecasts on Koonenberry Gold Limited stock, see the AU:KNB Stock Forecast page.

Koonenberry Gold Ramps Up Enmore Drilling as Regional Targets Multiply

Koonenberry Gold accelerated exploration at its Enmore Gold Project during the December quarter, launching a 10,000m phase II diamond drilling program at the Sunnyside prospect and completing a 1,864m RC program at the nearby Hand in Hand prospect. Geological observations, including multiple zones of visible gold, suggest mineralisation at Sunnyside has been extended to roughly 430–400m below surface, while initial assays from Hand in Hand show broad intervals of anomalous gold along a 2km shear zone, indicating a fertile system with potential Sunnyside-style repetitions. Regional work further expanded the project’s upside, with soil and rock sampling delineating more than 4km of gold-arsenic anomalies along the parallel Borah Fault, effectively tripling the length of prospective structure at Enmore, and a 205km² airborne geophysical survey providing new structural and alteration data for future targeting. Beyond Enmore, Koonenberry advanced its Lachlan copper-gold projects through geophysical planning at Wilga and Breakfast Creek ahead of drilling in early 2026, while maintaining a solid balance sheet with $6.3 million in cash and no debt, supporting its capacity to sustain an aggressive exploration program.

The most recent analyst rating on (AU:KNB) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Koonenberry Gold Limited stock, see the AU:KNB Stock Forecast page.

Koonenberry Gold Extends Mineralised Trend at Enmore’s Hand in Hand Prospect

Koonenberry Gold has defined a 2km mineralised trend at the Hand in Hand prospect within the Enmore Gold Project in NSW, following a first-pass, wide-spaced RC drilling program of 15 holes totaling 1,864m. Eleven of the holes returned significant gold intersections, including broad zones of anomalous mineralisation such as 50m at 0.36 g/t Au from surface and 40m at 0.35 g/t Au from 86m, highlighting the fertility of the Sunnyside Shear Zone. Mineralisation remains open between drill holes, at depth and along strike, particularly in a 500m gap between the established Sunnyside prospect and hole 25ENRC015, which delivered a promising 25m at 0.38 g/t Au. While groundwater limited drilling depths to about 100m vertical—shallower than the intended 250m and below the typical high-grade zones at Sunnyside—the results, alteration signatures and structural setting suggest strong potential for ‘Sunnyside-style’ high-grade repetitions. Koonenberry plans further structural analysis, additional along-strike drilling, and deeper diamond drilling to target high-grade zones, with its fully funded 10,000m diamond program at Sunnyside now resumed and supported by a $7.8m cash balance, positioning the company for substantial exploration news flow and potential resource growth.

The most recent analyst rating on (AU:KNB) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Koonenberry Gold Limited stock, see the AU:KNB Stock Forecast page.

Koonenberry Gold Unveils Promising Gold Discoveries at Enmore Project

Koonenberry Gold Limited has reported the discovery of visible gold in multiple drill holes during its Phase II diamond drilling program at the Enmore Gold Project in New South Wales. This discovery, along with the completion of additional drilling, underscores the potential for a robust gold system at depth, which remains open for further exploration. The company is well-funded to continue its exploration efforts, with significant cash reserves and potential additional funding from options. The ongoing drilling program aims to extend the known gold mineralization and is expected to provide significant news flow into the new year.