Kin Mining NL (AU:PTN)
ASX:PTN
Want to see AU:PTN full AI Analyst Report?
Top Page
Kin Mining NL
(Sydney:PTN)
Select Model
Select Model
Rating:43Neutral
Price Target:
AU$0.05
▼(-25.71% Downside)
Action:Reiterated
Date:03/24/26
The score is held down primarily by weak financial performance—minimal revenue, large losses, and ongoing cash burn—despite low balance-sheet leverage. Technicals add pressure with a clear downtrend and negative momentum, while valuation remains constrained by negative earnings and no provided dividend support.
Positive Factors
Conservative balance sheet
A very low debt load relative to sizeable equity and assets reduces refinancing and interest-rate vulnerability, preserving financial flexibility. This structural strength gives the company runway to pursue exploration and development without immediate leverage-driven distress risk.
Negative Factors
Persistent cash burn
Consistent negative operating and free cash flow implies the business cannot self-fund operations, requiring ongoing external capital or asset transactions. Over months this erodes liquidity buffers, raises dilution risk from equity raisings, and constrains investment in exploration or development.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
A very low debt load relative to sizeable equity and assets reduces refinancing and interest-rate vulnerability, preserving financial flexibility. This structural strength gives the company runway to pursue exploration and development without immediate leverage-driven distress risk.
Read all positive factors
Kin Mining NL (PTN) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$84.32M
Dividend YieldN/A
Average Volume (3M)4.25M
Price to Earnings (P/E)―
Beta (1Y)1.73
Revenue GrowthN/A
EPS Growth-119.82%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding1,479,271,900
10 Day Avg. Volume4,885,046
30 Day Avg. Volume4,251,965
Financial Highlights & Ratios
PEG Ratio0.02
Price to Book (P/B)1.30
Price to Sales (P/S)1435.15
P/FCF Ratio-7.46
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
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Kin Mining NL Business Overview & Revenue Model
Company Description
Patronus Resources Limited engages in the exploration and development of mineral properties in Australia. It explores for gold, base metal, uranium, zinc, lead, copper, and silver deposits. The company was formerly known as Kin Mining NL and chang...
How the Company Makes Money
Kin Mining NL’s ability to make money is primarily tied to advancing its gold assets through exploration and development and ultimately achieving economic extraction of gold. If the company reaches production (either by developing and operating a ...
Kin Mining NL Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
72
Positive
Cash Flow
24
Negative
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 70.00K | 70.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -632.79K | -1.20M | -80.43K | -137.34K | -1.58M | -180.45K |
| EBITDA | -12.36M | -37.00M | -8.62M | -8.79M | -11.17M | -15.29M |
| Net Income | -7.07M | -35.85M | 43.68M | -8.95M | -11.35M | -15.41M |
Balance Sheet | ||||||
| Total Assets | 77.03M | 81.27M | 86.24M | 21.76M | 13.93M | 17.98M |
| Cash, Cash Equivalents and Short-Term Investments | 74.61M | 69.60M | 16.78M | 4.47M | 3.65M | 7.44M |
| Total Debt | 158.26K | 215.97K | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 3.60M | 3.82M | 2.24M | 3.50M | 3.50M | 3.13M |
| Stockholders Equity | 73.43M | 77.45M | 84.00M | 18.26M | 10.44M | 14.85M |
Cash Flow | ||||||
| Free Cash Flow | -9.97M | -13.46M | -8.29M | -8.80M | -10.74M | -14.56M |
| Operating Cash Flow | -9.70M | -13.24M | -8.09M | -8.79M | -10.70M | -14.25M |
| Investing Cash Flow | 10.17M | -2.24M | 20.40M | -10.73M | -31.49K | -195.19K |
| Financing Cash Flow | -86.44K | -160.39K | 0.00 | 20.34M | 6.94M | 20.22M |
Kin Mining NL Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
48 Neutral | AU$73.14M | -3.97 | -37.71% | ― | -100.00% | 98.64% | |
48 Neutral | AU$267.50M | -3.06 | -72.82% | ― | ― | 48.94% | |
45 Neutral | AU$421.08M | -12.61 | -37.20% | ― | ― | -11.42% | |
43 Neutral | AU$84.32M | -10.68 | -9.37% | ― | ― | -119.82% |
* Basic Materials Sector Average
AU:PTN
Kin Mining NL
0.06
>-0.01
-5.00%
DE:TJ30
Ora Gold
0.02
0.01
120.00%
DE:UH40
Southern Gold Limited
0.01
0.00
0.00%
AU:ASL
Mitre Mining Corporation Limited
1.98
1.02
105.18%
AU:TNC
True North Copper
0.48
0.18
60.00%
AU:WTM
Battery Minerals Ltd.
0.69
0.36
112.31%
Kin Mining NL Corporate Events
Patronus Resources advances Pine Creek and Cardinia exploration as it divests non-core asset
Apr 28, 2026
Patronus Resources reported that infill sampling at its Pine Creek Gold Project in the Northern Territory has confirmed broad-scale gold anomalism at the Northern Leases and Grove Hill areas, advancing these targets into a prioritised drilling pip...
Patronus Resources Posts Operating Cash Outflows as Exploration Spend Continues
Apr 28, 2026
Patronus Resources reported a net operating cash outflow of A$1.58 million for the March 2026 quarter, driven primarily by A$1.25 million in exploration and evaluation costs and A$0.73 million in staff and corporate expenses, partly offset by inte...
Emmerson Secures Further Shareholder Support for Pan African Takeover Scheme
Apr 22, 2026
Emmerson Resources has received a conditional voting intention from Patronus Resources, which controls about 7.38% of Emmerson’s shares, to support Pan African Resources’ proposed acquisition of 100% of Emmerson via a scheme of arrange...
Patronus Secures Full Ownership of Guppy Prospect to Bolster Cardinia Gold Strategy
Apr 13, 2026
Patronus Resources has acquired the remaining 20 percent interest in the Guppy–Benalla area at its Cardinia Gold Project for A$250,000 in cash, giving it 100 percent ownership of the tenure. The prospect lies about 6 kilometres from the 475k...
Patronus Resources Releases Interim Financial Report for December 2025 Half-Year
Mar 12, 2026
Patronus Resources Limited has released its interim financial report for the half-year ended 31 December 2025, detailing its condensed consolidated financial statements and accompanying notes. The report includes profit or loss, financial position...
Patronus Resources Confirms Broad Gold Anomalies at Pine Creek Project
Feb 27, 2026
Patronus Resources has completed infill surface sampling on a 400m by 100m grid over high-priority gold targets at its Pine Creek Project in the Northern Territory, returning a total of 5,518 samples across its tenure. The latest results confirm b...
Patronus Resources Halts Trading Ahead of Exploration Update and ASX Price Query Response
Feb 27, 2026
Patronus Resources Limited has requested and been granted a trading halt on its ordinary securities on the ASX, effective from 27 February 2026. The halt will remain in place until either the release of a pending announcement or the commencement o...
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.