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Kingston Resources Ltd. (AU:KSN)
ASX:KSN

Kingston Resources Ltd. (KSN) AI Stock Analysis

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AU:KSN

Kingston Resources Ltd.

(Sydney:KSN)

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Neutral 49 (OpenAI - 4o)
Rating:49Neutral
Price Target:
AU$0.11
▼(-18.57% Downside)
The overall stock score is primarily influenced by financial performance, which shows strong revenue growth but weak profitability and cash flow. Technical analysis indicates a bearish trend with weak momentum. Valuation is unattractive due to negative earnings and lack of dividends.
Positive Factors
Revenue Growth
Strong revenue growth indicates successful market penetration and demand for Kingston's products, supporting long-term business expansion.
Balance Sheet Health
A low debt-to-equity ratio suggests conservative financial management, providing flexibility to invest in growth opportunities.
Gross Profit Margin
A strong gross profit margin reflects efficient production and pricing strategies, which can support future profitability improvements.
Negative Factors
Profitability Challenges
Negative profitability indicates operational inefficiencies, which could hinder long-term financial sustainability if not addressed.
Free Cash Flow Issues
Declining free cash flow limits the company's ability to reinvest in growth and meet financial obligations, posing a risk to future operations.
Return on Equity
Negative ROE suggests inefficient use of equity capital, which could deter investors and affect the company's ability to raise funds.

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 generates revenue primarily through the exploration and development of its mining projects, particularly in gold production. The company raises funds through equity financing, joint ventures, and partnerships with other mining firms, which allows it to finance exploration activities and advance its projects towards production. Additionally, any gold produced may be sold on the open market, contributing directly to revenue. Significant partnerships with other mining companies can also enhance its capabilities and market reach, providing further opportunities for income generation.

Kingston Resources Ltd. Financial Statement Overview

Summary
Kingston Resources Ltd. shows strong revenue growth but struggles with profitability and cash flow generation. The balance sheet is stable with low leverage, but the company needs to improve cost efficiency and cash flow management.
Income Statement
65
Positive
Kingston Resources Ltd. has shown impressive revenue growth of 59.62% in the latest year, indicating strong top-line expansion. However, the company is struggling with profitability, as evidenced by a negative net profit margin of -5.15%. The gross profit margin is healthy at 53.08%, but the EBIT margin is low at 0.43%, suggesting high operating expenses. Overall, while revenue growth is a positive sign, the company needs to improve its cost management to enhance profitability.
Balance Sheet
70
Positive
The balance sheet of Kingston Resources Ltd. is relatively stable with a low debt-to-equity ratio of 0.16, indicating conservative leverage. The equity ratio stands at 72.19%, reflecting a strong equity base. However, the company has not been able to generate positive returns on equity, as indicated by negative ROE in recent years. The financial position is stable, but the company needs to focus on improving its return on equity.
Cash Flow
55
Neutral
The cash flow statement reveals challenges in generating free cash flow, with a significant decline of -50.53% in the latest year. The operating cash flow to net income ratio is 0.82, indicating decent cash generation relative to net income. However, the negative free cash flow to net income ratio of -0.81 highlights issues in converting earnings into free cash flow. The company needs to enhance its cash flow management to support future growth.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue48.08M48.08M39.28M44.75M11.90M0.00
Gross Profit25.52M25.52M17.58M23.77M1.09M-39.83K
EBITDA10.33M10.33M7.33M14.26M-1.93M-1.92M
Net Income-2.47M-2.47M-720.00K9.81M-2.09M-1.96M
Balance Sheet
Total Assets135.15M135.15M121.62M111.42M88.59M42.34M
Cash, Cash Equivalents and Short-Term Investments6.30M6.30M8.65M18.48M6.15M11.24M
Total Debt15.49M15.49M9.72M9.63M831.50K51.19K
Total Liabilities37.58M37.58M30.84M34.97M27.46M1.61M
Stockholders Equity97.57M97.57M90.78M76.45M61.13M40.73M
Cash Flow
Free Cash Flow-10.41M-10.41M-17.53M3.87M-16.72M-9.90M
Operating Cash Flow12.90M12.90M5.88M15.49M2.98M-1.39M
Investing Cash Flow-23.28M-23.28M-29.24M-16.78M-21.96M-8.56M
Financing Cash Flow8.28M8.28M13.51M13.91M13.55M14.46M

Kingston Resources Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.14
Price Trends
50DMA
0.13
Negative
100DMA
0.13
Negative
200DMA
0.12
Positive
Market Momentum
MACD
>-0.01
Negative
RSI
54.36
Neutral
STOCH
77.78
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 0.13, and above the 200-day MA of 0.12, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 54.36 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 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 (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
€137.64M10.7813.04%4.13%24.48%97.18%
68
Neutral
AU$1.01B22.7222.29%117.95%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
49
Neutral
€105.03M-43.55-2.72%22.40%-93.75%
48
Neutral
AU$150.16M-35.54-27.81%-35.98%
46
Neutral
AU$175.20M-5.76-43.66%46.74%-47.98%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:KSN
Kingston Resources Ltd.
0.14
0.06
84.93%
AU:FML
Focus Minerals Ltd
3.42
3.24
1800.00%
AU:TTM
Titan Minerals Ltd
0.84
0.48
130.14%
AU:RND
Rand Mining Limited
2.49
1.03
70.08%
AU:KAU
Kaiser Reef Ltd
0.30
0.14
87.50%
AU:VTM
Victory Goldfields Limited
1.14
0.74
185.00%

Kingston Resources Ltd. Corporate Events

Kingston Resources Announces Director’s Interest Change
Nov 27, 2025

Kingston Resources Ltd. has announced a change in the director’s interest, specifically involving Mick Wilkes. The change includes an off-market transfer of 3,945,679 fully paid ordinary shares from Eligius Holdings Pty Ltd to Mick Wilkes, and the issuance of 369,333 FY26 Unlisted Service Fee Options under the Employee Incentive Scheme, approved at the recent AGM. This adjustment in director’s interest reflects internal restructuring and alignment with the company’s strategic goals, potentially impacting the company’s governance and stakeholder confidence.

Kingston Resources Issues Unquoted Equity Securities for Employee Incentives
Nov 27, 2025

Kingston Resources Limited has announced the issuance of unquoted equity securities as part of its employee incentive scheme. These securities include FY26 Unlisted Service Fee Options, Long Term Share Price Outperformance Options, and Short Term Incentive Performance Options, with varying expiration dates. This move is likely aimed at motivating and retaining employees by aligning their interests with the company’s long-term performance goals.

Kingston Resources AGM Results: Key Resolutions Passed
Nov 26, 2025

Kingston Resources Limited announced the results of its Annual General Meeting, where all resolutions were decided by poll. Key outcomes included the adoption of the Remuneration Report and the re-election of Mr. Anthony Wehby as Director, both of which received strong support. However, the proposal for ASX Listing Rule 7.1A approval for future issue of securities was not carried. The meeting also approved the issuance of various incentive options to key directors, indicating a focus on aligning management incentives with shareholder interests.

Kingston Resources Outlines Strategic Focus at AGM
Nov 26, 2025

Kingston Resources Limited held its Annual General Meeting, presenting its ongoing operations and future plans in the Cobar Basin. The company’s focus on gold and copper production positions it strategically within the mining sector, potentially impacting stakeholders by enhancing operational efficiencies and market presence.

Kingston Resources Launches New Drilling Phase at Mineral Hill
Nov 24, 2025

Kingston Resources Limited has commenced a new phase of drilling at its Mineral Hill Mine, deploying two drill rigs to enhance resource definition and discovery. The underground drilling will target high-grade extensions at the Southern Ore Zone, while surface drilling will explore near-mine discovery potential. This initiative is part of Kingston’s growth strategy, aiming to expand its resource base and strengthen its market position.

Kingston Resources Corrects AGM Notice Error
Nov 19, 2025

Kingston Resources Limited has issued a correction to its Notice of Annual General Meeting, initially published on 28 October 2025. The correction addresses an error in the stated share price, which was incorrectly listed as $0.016 instead of $0.16, leading to an understatement of the ‘Funds raised’ figures by a factor of 10. This correction does not affect any other part of the Notice or the resolutions proposed, ensuring stakeholders that the overall meeting agenda remains unchanged.

Kingston Resources Announces Shareholder Webinar on Mineral Hill Progress
Nov 4, 2025

Kingston Resources Limited has announced an upcoming webinar to be conducted by Managing Director Andrew Corbett, which will cover the progress at their Mineral Hill project and discuss recent quarterly results. This webinar, scheduled for release on November 11, 2025, aims to engage shareholders and interested parties by allowing them to submit questions in advance, reflecting the company’s commitment to transparency and stakeholder engagement.

Kingston Resources to Host Webinar on Mineral Hill Progress and Quarterly Results
Nov 3, 2025

Kingston Resources Limited is hosting a webinar to discuss progress at Mineral Hill and recent quarterly results, inviting shareholders to submit questions in advance. The company’s focus is on extending the life of its Mineral Hill mine through organic growth and exploring regional deposits for processing at its existing plant, with a mine plan extending to 2031 and significant exploration potential.

Kingston Resources Reports Positive Cash Flow Amid Strategic Financial Moves
Oct 29, 2025

Kingston Resources Limited’s quarterly cash flow report reveals a net cash increase driven by substantial proceeds from the disposal of entities, despite operating and financing activities resulting in cash outflows. The company’s strategic financial maneuvers, including the repayment of borrowings and proceeds from concentrate sales, indicate an active approach to managing its financial health, which could impact its operational capabilities and investor confidence.

Kingston Resources Reports Strong Financials and Production Growth
Oct 29, 2025

Kingston Resources Ltd. reported a strong financial position with $31 million in cash and no debt, alongside a 10% increase in revenue to $15.8 million for the quarter ending September 2025. The company achieved a 3% increase in gold production and a 64% rise in silver sales, with significant improvements in processing throughput and cost reductions. The commissioning of a concentrate flotation plant and advancements in underground mining preparations are set to enhance production capabilities. The strategic focus on transitioning to flotation processing and accessing higher-grade ore is expected to boost gold and silver output in the second half of FY26, positioning Kingston for growth and exploration opportunities.

Kingston Resources Announces 2025 AGM Details
Oct 27, 2025

Kingston Resources Ltd. has announced the details of its 2025 Annual General Meeting, including the Notice of Meeting, Proxy Form, and Letter of Access. This announcement is part of the company’s ongoing efforts to engage with shareholders and provide transparency in its operations, which could influence stakeholder decisions and company governance.

Kingston Resources Advances Underground Mining Operations at Mineral Hill
Oct 13, 2025

Kingston Resources Limited has announced significant progress in its underground mining operations at Mineral Hill, with operational readiness nearing completion and site approvals being updated. The company plans to commence underground development in Q2 FY26 and is focused on updating the Southern Ore Zone Mineral Resource. The recruitment of an experienced local workforce is underway, and the initial underground fleet is set for delivery in October. This development is part of Kingston’s strategy to expand its mine life and support potential mill expansion, aiming to strengthen its position in the mining industry.

Kingston Resources Highlights Strategic Focus in Cobar Basin
Sep 22, 2025

Kingston Resources Limited has released a corporate presentation highlighting its operations in the Cobar Basin, NSW. The presentation outlines the company’s strategic focus on gold and copper production, emphasizing the potential impact on its operational efficiency and market positioning. Stakeholders are advised to consider the inherent uncertainties and risks associated with the mining industry when evaluating the company’s future prospects.

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: Nov 21, 2025