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Kingston Resources Ltd. (AU:KSN)
:KSN

Kingston Resources Ltd. (KSN) AI Stock Analysis

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AU

Kingston Resources Ltd.

(Frankfurt:KSN)

Rating:59Neutral
Price Target:
AU$0.00
▼(-100.00%Downside)
Kingston Resources Ltd. receives a moderate score due to financial difficulties and valuation concerns. However, strong technical indicators provide some optimism. The absence of dividend yield and negative earnings impact its investment attractiveness.

Kingston Resources Ltd. (KSN) vs. iShares MSCI Australia ETF (EWA)

Kingston Resources Ltd. Business Overview & Revenue Model

Company DescriptionKingston Resources Limited engages in the exploration and evaluation of mineral properties in Australia. The company's projects include the Misima Gold project located in the Solomon Sea and Mineral Hill Mine project located in New South Wales. Kingston Resources Limited was incorporated in 1985 and is based in North Sydney, Australia.
How the Company Makes MoneyKingston Resources Ltd. generates revenue primarily through the exploration and development of its mineral projects, with the aim of bringing these projects into production. The company seeks to discover economically viable mineral deposits, particularly gold and copper, which can be mined and sold on global markets. Revenue streams are expected to include the sale of mined gold and copper once the projects are operational. Additionally, Kingston may enter into strategic partnerships or joint ventures with other companies in the mining sector to share the cost and risk associated with exploration and development. The company may also raise funds through equity financing, selling shares to investors to finance its exploration and development activities.

Kingston Resources Ltd. Financial Statement Overview

Summary
Kingston Resources Ltd. faces financial challenges with declining revenues and profitability. Despite a stable balance sheet, cash flow issues raise concerns about liquidity and future financial flexibility.
Income Statement
45
Neutral
Kingston Resources Ltd. has shown a volatile revenue trajectory with a significant revenue drop in the latest year. Gross profit improved, yet net income turned negative, indicating substantial cost pressures or inefficiencies. Profitability margins are weak with negative net income and declining EBIT and EBITDA margins, posing concerns about operational efficiency.
Balance Sheet
65
Positive
The company maintains a solid equity base, with a relatively low debt-to-equity ratio, indicating a conservative leverage approach. However, the decline in stockholders' equity and an increase in liabilities over the last year suggests potential strain on financial stability. Return on equity remains negative due to recent net losses, highlighting profitability challenges.
Cash Flow
50
Neutral
Operating cash flow declined significantly, and free cash flow turned negative, reflecting challenges in covering capital expenditures and generating cash from operations. While cash reserves remain adequate, cash flow management needs improvement to support future growth and investment needs.
Breakdown
TTMJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income StatementTotal Revenue
30.12M39.28M44.75M11.90M0.000.00
Gross Profit
16.81M17.58M11.96M-1.29M-39.83K-37.07K
EBIT
5.07M1.57M15.48M-1.83M-1.97M-1.44M
EBITDA
3.40M7.33M14.26M-1.93M-1.92M-715.00K
Net Income Common Stockholders
-5.93M-720.00K9.81M-2.09M-1.96M-752.00K
Balance SheetCash, Cash Equivalents and Short-Term Investments
10.08M8.65M18.48M6.15M11.24M6.51M
Total Assets
130.80M121.62M111.42M88.59M42.34M29.88M
Total Debt
14.98M9.72M9.63M831.50K51.19K116.42K
Net Debt
5.09M1.36M-8.58M-4.76M-10.96M-6.39M
Total Liabilities
36.01M30.84M34.97M27.46M1.61M2.43M
Stockholders Equity
94.79M90.78M76.45M61.13M40.73M27.44M
Cash FlowFree Cash Flow
-21.04M-17.53M3.87M-16.72M-9.90M-7.82M
Operating Cash Flow
2.55M5.88M15.49M2.98M-1.39M-1.02M
Investing Cash Flow
-25.77M-29.24M-16.78M-22.11M-8.56M-6.51M
Financing Cash Flow
22.56M13.51M13.91M13.55M14.46M8.84M

Kingston Resources Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.14
Price Trends
50DMA
0.11
Positive
100DMA
0.09
Positive
200DMA
0.09
Positive
Market Momentum
MACD
<0.01
Positive
RSI
63.53
Neutral
STOCH
66.67
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:KSN, the sentiment is Positive. The current price of 0.14 is above the 20-day moving average (MA) of 0.12, above the 50-day MA of 0.11, and above the 200-day MA of 0.09, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 63.53 is Neutral, neither overbought nor oversold. The STOCH value of 66.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:KSN.

Kingston Resources 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
AURND
73
Outperform
AU$120.58M13.558.98%4.74%30.24%16.80%
AUFML
67
Neutral
$103.16M34.293.37%248.07%
AUKSN
59
Neutral
AU$111.17M-6.76%-40.42%-140.73%
51
Neutral
$1.98B-1.26-21.11%5.99%2.92%-30.46%
AUKAU
49
Neutral
AU$100.90M-30.39%-41.05%-122.11%
AUVTM
48
Neutral
AU$95.32M-1.37%96.13%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:KSN
Kingston Resources Ltd.
0.14
0.06
73.08%
AU:RND
Rand Mining Limited
2.12
0.75
54.41%
AU:FML
Focus Minerals Ltd
0.36
0.21
140.00%
AU:KAU
Kaiser Reef Ltd
0.18
0.02
12.50%
AU:VTM
Victory Goldfields Limited
0.83
0.53
176.67%

Kingston Resources Ltd. Corporate Events

Kingston Resources Completes Share Issuance Under Employee Incentive Scheme
Jun 18, 2025

Kingston Resources Ltd. has completed the issuance of 248,105 fully paid ordinary shares following the exercise of options under its employee incentive scheme. This move, compliant with the Corporations Act 2001, reflects the company’s ongoing efforts to incentivize its workforce and potentially strengthen its financial standing, impacting its operational capabilities and market positioning.

Kingston Resources Ltd. Announces Quotation of New Securities on ASX
Jun 18, 2025

Kingston Resources Ltd. has announced the quotation of 248,105 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of June 18, 2025. This move indicates the company’s strategic efforts to enhance its financial flexibility and potentially expand its operations, which could have significant implications for its market positioning and stakeholder interests.

Kingston Resources Announces Cessation of Securities Due to Unmet Conditions
Jun 18, 2025

Kingston Resources Ltd. announced the cessation of several securities due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could influence investor perceptions regarding the company’s ability to meet certain conditions tied to its securities.

Kingston Resources Ltd. Announces Quotation of New Securities
Jun 10, 2025

Kingston Resources Ltd. has announced the quotation of 220,848 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of previously announced transactions, potentially enhancing the company’s liquidity and market presence, which could positively impact its operations and stakeholder interests.

Kingston Resources to Issue New Securities to Bolster Financial Flexibility
Jun 6, 2025

Kingston Resources Limited announced a proposed issue of 220,848 ordinary fully paid securities, scheduled for June 10, 2025. This strategic move is expected to enhance the company’s financial flexibility and support its ongoing projects, potentially strengthening its position in the competitive mining sector.

Kingston Resources Unveils High-Grade Gold and Copper Finds at Mineral Hill
Jun 3, 2025

Kingston Resources Ltd. has reported promising results from its initial underground drilling at the Southern Ore Zone of the Mineral Hill project, revealing high-grade gold and copper intercepts. These findings suggest potential for significant expansion of the mineral resource, with mineralization extending 50-100 meters beyond current boundaries, potentially increasing resource tonnage and mine life. The company is well-positioned to convert these results into early cash flow, reinforcing confidence in Mineral Hill as a long-life, high-margin operation.

Kingston Resources Completes Share Issuance for Advisory Services and Employee Incentives
May 21, 2025

Kingston Resources Ltd. has completed the issuance of 1,090,395 fully paid ordinary shares, including 894,101 shares to Argonaut PCF for financial advisory services and 196,294 shares under an employee incentive scheme. This move is part of the company’s strategy to manage its financial advisory obligations and incentivize employees, potentially impacting its operational efficiency and stakeholder relations.

Kingston Resources Ltd. Announces Quotation of New Securities
May 21, 2025

Kingston Resources Ltd. has announced the quotation of 196,294 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its financial flexibility and support its ongoing projects, potentially impacting its market positioning and stakeholder interests positively.

Kingston Resources Ltd. Announces Quotation of New Securities on ASX
May 21, 2025

Kingston Resources Ltd. has announced the quotation of 894,101 fully paid ordinary securities on the Australian Securities Exchange (ASX), as part of previously announced transactions. This move is likely to strengthen the company’s financial position and enhance its market presence, potentially impacting its operations and offering new opportunities for stakeholders.

Kingston Resources Announces Webinar on Strategic Divestment and Expansion Plans
May 21, 2025

Kingston Resources Ltd. has announced a shareholder webinar to be hosted by Managing Director Andrew Corbett, detailing the divestment of the Misima Gold Project to Ok Tedi Mining Limited. The webinar will also discuss the expansion plans for the Mineral Hill mine and future growth opportunities post-divestment, which could significantly impact the company’s operational focus and market positioning.

Kingston Resources Accelerates Growth with Misima Divestment
May 20, 2025

Kingston Resources Limited has announced the divestment of its Misima project, as part of its strategic focus on accelerating growth and development at its Mineral Hill gold-copper operations. This move is expected to enhance the company’s operational efficiency and strengthen its position in the gold-copper market, potentially offering improved returns for stakeholders.

Kingston Resources Sells Misima Gold Project to Ok Tedi for $95 Million
May 19, 2025

Kingston Resources Ltd. has announced the sale of its Misima Gold Project in Papua New Guinea to Ok Tedi Mining Limited for $95 million. This strategic divestment will significantly strengthen Kingston’s balance sheet, allowing for debt repayment and providing capital for exploration and expansion at its Mineral Hill project. The transaction aligns with Kingston’s corporate strategy to focus on growth opportunities in the Australian copper and gold sectors, enhancing its position as a well-funded producer with potential for long-term returns.

Kingston Resources Announces Cessation of Securities
May 19, 2025

Kingston Resources Ltd. has announced the cessation of several securities due to the lapse of conditional rights, as the conditions for these securities have not been met or have become incapable of being satisfied. This development may impact the company’s capital structure and could influence investor perception, as it reflects on the company’s ability to meet certain operational or financial conditions.

Kingston Resources Announces Proposed Securities Issue
May 19, 2025

Kingston Resources Limited has announced a proposed issue of 581,210 fully paid ordinary securities, scheduled for May 21, 2025. This move is part of a strategic placement or other type of issue, potentially enhancing the company’s capital structure and supporting its ongoing projects, which may positively impact its market positioning and stakeholder interests.

Kingston Resources Highlights Cobar Basin Operations at RIU Sydney Conference
May 6, 2025

Kingston Resources Limited presented at the RIU Sydney Conference, highlighting its operations in gold and base metal production in the Cobar Basin, NSW. The presentation provided insights into the company’s strategic positioning and potential impacts on its operations, though it included forward-looking statements subject to uncertainties.

Kingston Resources Reports Quarterly Cash Flow with Positive Operating Inflows
Apr 28, 2025

Kingston Resources Limited reported its quarterly cash flow, highlighting a net cash inflow from operating activities of $5.44 million for the current quarter. The company also experienced a net cash outflow from investing activities amounting to $3.65 million, and a net cash inflow from financing activities of $795,000, reflecting its strategic financial management and ongoing investment in resource development.

Kingston Resources Boosts Production and Revenue at Mineral Hill
Apr 28, 2025

Kingston Resources reported a significant increase in cash reserves, driven by enhanced production metrics at the Mineral Hill mine, including a 21% rise in ore processing and an 18% increase in gold feed grade. The company achieved a 34% revenue boost from gold and silver sales, with the flotation plant set to be commissioned next quarter, enhancing production capabilities. The ongoing strategic process for the Misima Gold Project remains uncertain, but Kingston continues to reinvest in plant and capital to maximize shareholder value and regional benefits.

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.