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Korab Resources Limited (AU:KOR)
ASX:KOR
RESEARCH TOOLSreports
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Korab Resources Limited
(Sydney:KOR)
40Underperform
Korab Resources Limited (KOR) vs. S&P 500 (SPY)
Market Cap
AU$2.94M
Dividend YieldN/A
Average Volume (3M)2.53M
Price to Earnings (P/E)―
Beta (1Y)0.99
Revenue GrowthN/A
EPS Growth32.43%
CountryAU
Employees3
SectorBasic Materials
Sector Strength63
IndustryIndustrial Materials
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding367,050,000
10 Day Avg. Volume2,529,047
30 Day Avg. Volume2,529,047
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.00
Price to Cash Flow (P/CF)0.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
Korab Resources Limited Business Overview & Revenue Model
Company DescriptionKorab Resources Limited (KOR) is an Australian-based company engaged primarily in the exploration and development of mineral resources. The company's operations focus on the exploration of polymetallic deposits, with a particular emphasis on gold, silver, copper, and other base metals. Korab Resources operates through its various projects located in Australia and Europe, aiming to develop these assets into commercially viable mining operations.
How the Company Makes MoneyKorab Resources Limited makes money through the exploration and development of its mineral assets, ultimately aiming to sell extracted minerals commercially. The company's revenue model is centered around discovering mineral deposits and advancing these projects to production stages or selling them to other mining entities. Key revenue streams include the potential sale of mined minerals like gold and silver, along with potential joint ventures or partnerships with other mining companies. Additionally, Korab Resources may engage in strategic alliances or agreements that provide financial support and shared expertise to advance its projects. However, as an exploration company, its earnings are significantly influenced by market conditions, exploration success, and the realization of its mineral assets' commercial potential.
Korab Resources Limited Financial Statement Overview
Summary
Income Statement
Balance Sheet
Cash Flow
| Breakdown | ||||
| Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 0.00 | 0.00 | 36.36K | 364.88K | 230.00K | Gross Profit |
| 0.00 | -20.66K | 36.36K | 364.88K | 230.00K | EBIT |
| -420.50K | -457.80K | -418.68K | -292.51K | -364.36K | EBITDA |
| -495.07K | 192.31K | -294.11K | 578.66K | -36.31K | Net Income Common Stockholders |
| -932.10K | -1.36M | -611.65K | -530.78K | -261.14K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 93.35K | 112.38K | 815.78K | 93.31K | 163.84K | Total Assets |
| 4.69M | 4.59M | 5.45M | 4.36M | 4.50M | Total Debt |
| 4.29M | 3.31M | 2.83M | 2.73M | 2.24M | Net Debt |
| 4.19M | 3.20M | 2.02M | 2.64M | 2.07M | Total Liabilities |
| 4.53M | 3.50M | 3.00M | 3.11M | 2.72M | Stockholders Equity |
| 155.70K | 1.09M | 2.45M | 1.25M | 1.78M |
| Cash Flow | Free Cash Flow | |||
| -155.84K | -447.80K | -515.45K | 67.88K | -234.35K | Operating Cash Flow |
| -86.11K | -92.84K | -171.56K | 208.31K | -85.38K | Investing Cash Flow |
| -69.73K | -354.96K | -343.89K | -70.89K | 45.35K | Financing Cash Flow |
| 136.81K | -255.60K | 1.24M | -207.94K | 121.15K |
Korab Resources Limited Peers Comparison
Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
51 Neutral | AU$32.01M | ― | -20.67% | ― | ― | 4.00% | |
49 Neutral | $1.95B | -1.21 | -21.28% | 3.72% | 1.18% | -30.47% | |
46 Neutral | $52.62M | ― | -6.55% | ― | ― | -50.00% | |
40 Underperform | AU$2.94M | ― | -149.92% | ― | ― | 32.43% | |
35 Underperform | AU$48.31M | ― | -2.31% | ― | ― | -33.33% | |
32 Underperform | AU$17.70M | ― | -53.93% | ― | ― | -1133.33% | |
28 Underperform | AU$6.53M | ― | -31.24% | ― | ― | 30.16% |
* Basic Materials Sector Average
Performance Comparison
AU:KOR
Korab Resources Limited
0.01
0.00
0.00%
AU:KAI
Kairos Minerals
0.02
<0.01
66.67%
AU:ARV
Artemis Resources
0.01
>-0.01
-37.50%
AU:TLM
Talisman Mining Limited
0.18
-0.10
-36.36%
AU:MEU
Marmota Limited
0.04
0.00
0.00%
AU:G88
Golden Mile Resources Ltd.
0.01
0.00
0.00%
Korab Resources Limited Corporate Events
Korab Resources Sells Ukrainian Subsidiary to Focus on Core Assets
Apr 9, 2025
Korab Resources Ltd has announced the sale of its Ukrainian subsidiary, Donetsky Kryazh, which holds the Bobrikovo gold and silver project, to IRTIS, a subsidiary of SLAVUTYCH-INVEST. The transaction, completed for a cash amount of A$51,000 and a royalty agreement, will allow Korab to retire debt and fund exploration and development at its Rum Jungle Project. This strategic divestment is expected to streamline Korab’s operations and focus on its core assets, without impacting its board or requiring new securities issuance.
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
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.