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Kingsrose Mining Ltd (AU:KRM)
ASX:KRM
Australian Market

Kingsrose Mining Ltd (KRM) AI Stock Analysis

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AU

Kingsrose Mining Ltd

(Sydney:KRM)

Rating:38Underperform
Price Target:
Kingsrose Mining Ltd faces significant operational and financial difficulties, as reflected in its poor financial performance score. The technical analysis indicates a bearish trend, with the stock trading below key moving averages and momentum indicators showing weakness. The negative P/E ratio and absence of a dividend yield further detract from its valuation appeal. Together, these factors result in a low overall stock score, signaling caution for potential investors.

Kingsrose Mining Ltd (KRM) vs. iShares MSCI Australia ETF (EWA)

Kingsrose Mining Ltd Business Overview & Revenue Model

Company DescriptionKingsrose Mining Limited operates as an exploration company in Norway, Finland, and Indonesia. It explores for PGE-nickel-copper, gold, and silver properties. The company holds a 100% interest in the Penikat Project located in western Finland and the Porsanger project in Norway. It also holds 85% interest in the Way Linggo project located in South Sumatra, Indonesia. The company was incorporated in 2005 and is based in West Perth, Australia.
How the Company Makes MoneyKingsrose Mining Ltd generates revenue primarily through the extraction and sale of gold and other precious metals. The company's key revenue streams include the production of gold from its mining operations and the sale of extracted metals to refineries and other buyers in the global market. Partnerships with local and international mining companies and stakeholders may also contribute to its earnings, as they can enhance operational efficiencies and market access. Additionally, fluctuations in global commodity prices and effective cost management play significant roles in its profitability.

Kingsrose Mining Ltd Financial Statement Overview

Summary
Kingsrose Mining Ltd is facing significant financial challenges across its income statement, balance sheet, and cash flow. The lack of revenue and consistent losses highlight operational issues, while the balance sheet remains relatively stable due to a strong cash position and low debt. However, declining assets and ongoing cash flow deficits raise concerns about sustainability and future financial health. Immediate strategic interventions may be necessary to reverse these negative trends.
Income Statement
10
Very Negative
Kingsrose Mining Ltd has faced significant challenges in its income statement over recent years. The absence of revenue since 2021 and consistently negative net income indicate severe operational difficulties. The net profit margin and revenue growth rate are both negative, reflecting the company's inability to generate profits or grow its top line. Historically, the company had a positive EBIT and EBITDA in 2020, but these metrics have since deteriorated, highlighting ongoing financial struggles.
Balance Sheet
50
Neutral
The balance sheet shows a relatively stable position with substantial cash reserves and minimal debt, resulting in a low debt-to-equity ratio. Stockholders' equity remains positive, and the equity ratio depicts a significant percentage of total assets financed by equity. However, the declining total assets and stockholders' equity over the last few years are concerning, indicating potential erosion of asset base and shareholder value.
Cash Flow
25
Negative
Cash flow analysis reveals negative operating cash flow and free cash flow, indicating liquidity challenges. The free cash flow growth rate has been negative, demonstrating deteriorating cash generation. Despite a relatively stable cash position, the inability to generate positive operating cash flows is a critical concern. The operating cash flow to net income ratio is also negative, further emphasizing cash flow struggles.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
0.000.000.000.0018.38M70.65M
Gross Profit
-80.02K-158.84K-94.12K-95.14K6.62M36.45M
EBIT
-5.40M-5.28M-4.33M-235.19K29.83M
EBITDA
-862.39K-5.31M-2.20M-1.78M-6.17M24.76M
Net Income Common Stockholders
-2.95M-1.34M-10.71M-6.61M19.32M
Balance SheetCash, Cash Equivalents and Short-Term Investments
27.09M28.87M33.84M27.63M30.57M23.07M
Total Assets
33.39M40.51M41.38M45.47M52.91M59.80M
Total Debt
31.12K64.75K132.47K275.23K6.29K90.83K
Net Debt
-27.04M-28.80M-33.71M-27.35M-30.56M-22.98M
Total Liabilities
5.05M3.99M1.44M3.60M2.76M4.70M
Stockholders Equity
28.10M36.99M39.94M40.15M48.39M53.33M
Cash FlowFree Cash Flow
-4.81M-4.75M-5.13M9.85M19.31M
Operating Cash Flow
-761.58K-3.90M-4.29M9.94M21.39M
Investing Cash Flow
0.00-4.05M9.09M-1.13M-67.64K-2.04M
Financing Cash Flow
-33.63K-67.72K-50.60K135.35K-77.18K-95.50K

Kingsrose Mining Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.03
Price Trends
50DMA
0.03
Negative
100DMA
0.03
Negative
200DMA
0.04
Negative
Market Momentum
MACD
>-0.01
Negative
RSI
43.46
Neutral
STOCH
38.89
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:KRM, the sentiment is Negative. The current price of 0.03 is equal to the 20-day moving average (MA) of 0.03, below the 50-day MA of 0.03, and below the 200-day MA of 0.04, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 43.46 is Neutral, neither overbought nor oversold. The STOCH value of 38.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:KRM.

Kingsrose Mining Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$2.02B-1.19-21.37%3.64%2.88%-30.57%
AUKRM
38
Underperform
AU$21.85M-8.88%
$19.49B25.1411.01%2.41%
$11.52B25.2016.97%1.37%
$2.39B28.3113.42%0.54%
$2.39B-0.38%
$2.14B9.0826.42%2.88%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:KRM
Kingsrose Mining Ltd
0.03
-0.02
-40.00%
NESRF
Northern Star Resources Ltd
13.70
4.71
52.39%
CAHPF
Evolution Mining
6.10
3.61
144.98%
ELKMF
Gold Road Resources Ltd
2.46
1.36
123.64%
RGRNF
Regis Resources Limited
3.04
1.76
137.50%
RMLRF
Ramelius Resources Limited
1.84
0.62
50.82%

Kingsrose Mining Ltd Corporate Events

Kingsrose Mining Advances Exploration Efforts with Significant Discoveries and Strategic Acquisitions
Apr 30, 2025

Kingsrose Mining Ltd reported significant progress in its exploration activities for the March 2025 quarter, with a focus on copper and gold opportunities across multiple global jurisdictions. The company has made notable discoveries of high-grade copper in Norway and acquired the Jakon project in Finland, which is underexplored for high-grade sulphide mineralization. The permitting process for the Penikat project in Finland is advancing, and the company maintains a strong cash position to support its exploration endeavors. These developments are expected to enhance Kingsrose’s market positioning and offer growth opportunities in the mining sector.

Kingsrose Mining Unveils First Sustainability Report, Emphasizing Responsible Exploration
Apr 29, 2025

Kingsrose Mining Limited has released its inaugural FY2024 Sustainability Report, marking a significant step in integrating sustainability into its exploration activities. The report emphasizes the company’s commitment to responsible mineral exploration, highlighting progress in environmental stewardship, community engagement, and governance. By prioritizing sustainability, Kingsrose aims to build trust with stakeholders, improve access to capital, and set new standards in the industry.

Kingsrose Mining Ltd Announces Cessation of Securities
Apr 23, 2025

Kingsrose Mining Ltd announced the cessation of 3,250,000 securities due to the expiry of options without exercise or conversion as of April 22, 2025. This cessation of securities may impact the company’s capital structure and could have implications for its financial strategy and stakeholder interests.

Kingsrose Mining Ltd Releases Half-Year Financial Report
Mar 13, 2025

Kingsrose Mining Ltd has released its half-year financial report for the period ending December 31, 2024. The report provides detailed financial statements, including the consolidated income statement, statement of comprehensive income, statement of financial position, and statement of cash flows. This release is crucial for stakeholders as it provides insights into the company’s financial health and operational performance, which could impact its market positioning and future strategic decisions.

Kingsrose Mining Updates Corporate Presentation with Key Amendments
Mar 3, 2025

Kingsrose Mining Limited has released a revised corporate presentation, which includes additional disclosures about the Penikat Exploration Target and the removal of a grade-tonnage plot to comply with ASX guidelines. These changes aim to provide a clearer understanding of the company’s exploration activities and ensure regulatory compliance, potentially impacting stakeholders’ perception and the company’s industry standing.

Kingsrose Mining Ltd Issues Corporate Presentation with Investment Caution
Mar 3, 2025

Kingsrose Mining Ltd has released a corporate presentation outlining the company’s current position and future prospects. The presentation emphasizes that it is not an offer or solicitation for securities and advises potential investors to conduct their own research. The company disclaims any liability for inaccuracies and does not commit to any transactions based on the presentation.

Kingsrose Mining Expands Finnish Portfolio with Jakon Project Acquisition
Feb 28, 2025

Kingsrose Mining Limited has acquired the Jakon nickel-copper-cobalt project in Central Finland from Rio Tinto Exploration Finland Oy, enhancing its portfolio within the Kotalahti Nickel-Copper-Cobalt Belt. This acquisition, part of Kingsrose’s Exploration Alliance with BHP, strengthens its presence in the region with a total of 1,198 km² under exploration. The Jakon project is strategically located near the past-producing Hitura Ni-Cu mine and is considered underexplored for high-grade sulphide mineralization. Historical drilling has confirmed significant nickel-copper sulphide intercepts, presenting further exploration opportunities. The acquisition is funded by BHP, with terms including cash payments and a net smelter royalty to RTX, reflecting a strategic move to bolster Kingsrose’s exploration capabilities and market positioning.

Director’s Increased Stake in Kingsrose Mining Ltd Signals Confidence
Feb 18, 2025

Kingsrose Mining Ltd has announced a change in the interest of one of its directors, Andrew John Cooke, who acquired 75,000 fully paid ordinary shares through an on-market purchase. This change increases his holdings to 155,000 fully paid ordinary shares, alongside 4,500,000 unlisted options. The announcement underscores the director’s increased investment in the company, which may reflect confidence in its future operations and stability, potentially impacting stakeholder perceptions.

Kingsrose Mining Updates Exploration Data for Key Alliances
Feb 12, 2025

Kingsrose Mining Limited announced updates to its previous release regarding the Kingsrose-BHP Alliances, including additional soil sample results and commentary for the Finnmark and Central Finland Alliances. These updates, which include figures and JORC Code table revisions, enhance the company’s exploration data, potentially strengthening its position in the mineral exploration industry.

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.