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Matsa Resources Limited (DE:KB2)
FRANKFURT:KB2
KB2 Stock Chart & Stats
€0.07
<€0.01(4.76%)
At close: 4:00 PM EST
€0.07
<€0.01(4.76%)
Day’s Range― - ―
52-Week Range€0.02 - €0.09
Previous CloseN/A
Volume0.00
Average Volume (3M)4.26K
Market Cap
€64.01M
Enterprise Value€83.53M
Total Cash (Recent Filing)€6.91M
Total Debt (Recent Filing)€5.96M
Price to Earnings (P/E)4.1
Beta0.77
Next Earnings
Mar 12, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)<0.01
Shares Outstanding957,487,500
10 Day Avg. Volume900
30 Day Avg. Volume4,264
Financial Highlights & Ratios
PEG Ratio0.00
Price to Book (P/B)2.17
Price to Sales (P/S)0.00
P/FCF Ratio29.83
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
Bulls Say, Bears Say
Bulls Say
Improved Balance SheetThe balance sheet now shows materially lower leverage with debt-to-equity around 0.29 and equity expanded to A$20.46m. A stronger capital base reduces solvency risk, provides more runway for multi-stage exploration programs, and enhances ability to negotiate farm-outs or JV terms without urgent dilution.
Positive Operating And Free Cash Flow (2025)Operating cash flow turned positive at A$4.78m and free cash flow reached A$1.49m in 2025 following prior years of burn. Improved cash generation, if sustained, supports self-funding of drilling and resource definition, lowers immediate financing needs and strengthens negotiating position with partners over the medium term.
Focused WA Exploration Asset BaseMatsa's concentrated tenement position and exploration focus in Western Australia provides structural advantages: operating in a mining-friendly jurisdiction with service capacity and M&A interest increases the odds of value crystallisation via farm-outs, JV deals or asset sales as prospects advance.
Bears Say
Volatile And Weak Earnings HistoryFinancials show recurring operating losses and inconsistent earnings, with 2025 an outlier despite reported zero revenue. This pattern implies weak underlying operating economics and raises doubt about the repeatability and quality of profits, complicating long-term planning and investor confidence.
Unreliable Cash Flow ConversionFree cash flow volatility and a 2025 FCF that covered only ~31% of net income indicate earnings do not consistently convert into cash. That weak conversion rate increases financing uncertainty for exploration, heightens dilution risk from future raises, and limits predictable funding for project advancement.
Business Model Reliant On Exploration And Capital MarketsMatsa's value creation depends on discovery, farm-outs or asset sales and on capital market access. This structural reliance makes cash flow and growth highly contingent on exploration outcomes, commodity cycles and financing availability, reducing revenue predictability and increasing execution risk.
Matsa Resources Limited News
KB2 FAQ
What was Matsa Resources Limited’s price range in the past 12 months?
Matsa Resources Limited lowest stock price was €0.02 and its highest was €0.09 in the past 12 months.
What is Matsa Resources Limited’s market cap?
Matsa Resources Limited’s market cap is €64.01M.
When is Matsa Resources Limited’s upcoming earnings report date?
Matsa Resources Limited’s upcoming earnings report date is Mar 12, 2026 which is in 7 days.
How were Matsa Resources Limited’s earnings last quarter?
Matsa Resources Limited released its earnings results on Sep 30, 2025. The company reported €0.002 earnings per share for the quarter, beating the consensus estimate of N/A by €0.002.
Is Matsa Resources Limited overvalued?
According to Wall Street analysts Matsa Resources Limited’s price is currently Overvalued.
Does Matsa Resources Limited pay dividends?
Matsa Resources Limited does not currently pay dividends.
What is Matsa Resources Limited’s EPS estimate?
Matsa Resources Limited’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does Matsa Resources Limited have?
Matsa Resources Limited has 957,487,500 shares outstanding.
What happened to Matsa Resources Limited’s price movement after its last earnings report?
Matsa Resources Limited reported an EPS of €0.002 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Matsa Resources Limited?
Currently, no hedge funds are holding shares in DE:KB2
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Matsa Resources Limited Stock Smart Score
Neutral
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Blogger Sentiment
Bullish
DE:KB2 Sentiment 100%
Sector Average 65%
Sector Average 65%
Insider Transactions
Sold Shares
Worth AU$263.1K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Positive
20 days / 200 days
Momentum
103.84%
12-Months-Change
Fundamentals
Return on Equity
8.05%
Trailing 12-Months
Asset Growth
27.52%
Trailing 12-Months
Company Description
Matsa Resources Limited
Matsa Resources Limited engages in the exploration and development of mineral properties in Western Australia and Thailand. The company primarily explores for gold, nickel, copper, silver, lead, lithium, and base metals. Its flagship project is the Lake Carey Gold project that comprises approximately 500 square kilometers of prospective tenements within the Laverton Tectonic Zone of the Kurnalpi Terrane in Western Australia's eastern goldfields region. The company also holds interests in the Red October, Fortitude North, Fortitude Stage 2 Gold Mine, and Devon projects; and the Paraburdoo, North Bore, Lake Rebecca, and Symons Hill Fraser Range projects. Matsa Resources Limited was incorporated in 2003 and is headquartered in Perth, Australia.
Technical Analysis
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Options Prices
Currently, No data available
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