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Kavango Resources
(OTC:KAV)
Kavango Resources (KAV) vs. iShares MSCI United Kingdom ETF (EWC)
Kavango Resources Business Overview & Revenue Model
Kavango Resources Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 656.00K | 445.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -490.00K | -39.00K | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | -14.18M | -8.40M | -3.15M | -2.27M | -197.00 | 395.00K |
| Net Income | -13.02M | -8.66M | -3.29M | -2.21M | -1.74M | -708.00K |
Balance Sheet | ||||||
| Total Assets | 23.26M | 19.01M | 19.64M | 13.27M | 8.09M | 5.07M |
| Cash, Cash Equivalents and Short-Term Investments | 3.67M | 1.52M | 3.77M | 2.27M | 2.52M | 2.42M |
| Total Debt | 0.00 | 4.76M | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 938.67K | 5.47M | 1.28M | 571.00K | 299.00K | 79.00K |
| Stockholders Equity | 22.14M | 13.35M | 18.17M | 12.70M | 7.79M | 4.99M |
Cash Flow | ||||||
| Free Cash Flow | -12.22M | -9.54M | -5.86M | -1.63K | -1.58K | -770.00 |
| Operating Cash Flow | -8.31M | -5.77M | -2.28M | -1.56K | -1.33K | -740.00 |
| Investing Cash Flow | -3.14M | -4.96M | -4.02M | -2.60M | -2.55M | -270.00 |
| Financing Cash Flow | 13.19M | 8.52M | 7.34M | 4.33M | 4.02M | 3.08K |
Kavango Resources Peers Comparison
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% | |
54 Neutral | £33.63M | -10.91 | -7.78% | ― | ― | -19.57% | |
51 Neutral | £61.09M | -11.67 | -908.21% | ― | ― | ― | |
49 Neutral | £10.86M | -2.60 | -32.02% | ― | ― | ― | |
49 Neutral | £73.15M | -30.24 | -10.01% | ― | ― | ― | |
47 Neutral | £26.55M | -1.47 | -61.43% | ― | ― | ― | |
33 Underperform | £34.54M | -40.28 | -6.07% | ― | ― | 76.92% |
Kavango Resources Corporate Events
Kavango Resources has confirmed that, as of 16 December 2025, it has 3,662,032,276 ordinary shares in issue, all carrying one vote each, with 370,573,735 of these shares secondary listed on the Victoria Falls Stock Exchange and no shares held in treasury. The updated total voting rights figure provides shareholders with the denominator needed to assess and report any notifiable holdings or changes in their stake in the company under UK disclosure rules, ensuring continued compliance and transparency in its shareholder reporting.
Kavango Resources PLC is exploring strategic options for its Kalahari Copper Belt mineral portfolio in Botswana, which includes a 6,200km² license area. The company has reported promising initial results from diamond drilling at the Karakubis prospect, indicating copper mineralization and favorable geological conditions, but there is no certainty of a transaction or its terms.
Kavango Resources PLC has successfully raised $373,323.19 through a subscription in Zimbabwe, issuing 27,651,514 new ordinary shares. The funds will be used for general working capital and further exploration and mine development in Zimbabwe, with shares expected to commence trading on the London Stock Exchange and the Victoria Falls Stock Exchange on 16 December 2025.
Kavango Resources PLC has announced an extension for the completion of its acquisition of the Nara Gold Project in Zimbabwe, with the new deadline set for 27 February 2026. This extension allows for the finalization of legal formalities, and both parties remain committed to completing the transaction, which could enhance Kavango’s portfolio and strengthen its position in the Southern African mining industry.
Kavango Resources PLC announced its total voting rights as of October 16, 2025, with 3,634,380,762 Ordinary Shares in issue, of which 342,922,221 are secondary listed on the Victoria Falls Stock Exchange. This update is crucial for shareholders to calculate their interest in the company under the Financial Conduct Authority’s Disclosure Guidance and Transparency Rules.
Kavango Resources announced significant management changes with the departure of CEO Ben Turney, who played a key role in expanding the company’s operations into Zimbabwe and securing a listing on the Victoria Falls Stock Exchange. Peter Wynter Bee, the Executive Chairman, will serve as interim CEO, while Donald McAlister will take on the role of interim CFO, leveraging his extensive experience in the Zimbabwean mining sector. These changes are part of the company’s strategy to harness its leadership’s expertise to maximize asset potential and benefit stakeholders.
Kavango Resources announced a significant management change with the departure of CEO Ben Turney, who played a key role in expanding the company’s operations into Zimbabwe. Interim leadership roles have been assigned to Peter Wynter Bee as CEO and Donald McAlister as CFO, both bringing extensive experience in the region. This transition aims to leverage the team’s expertise to maximize the potential of Kavango’s assets, ensuring continued growth and value for stakeholders.
Kavango Resources has confirmed an open-pit gold deposit at the Nightshift Prospect in Zimbabwe, which is expected to significantly enhance its gold production capabilities. The preliminary JORC-compliant Mineral Resource Estimation has exceeded expectations, prompting plans to increase the capacity of the gold processing plant at the Hillside Project. The company aims to commence shallow selective open-pit mining by H1 2026 and is exploring further underground potential. This development aligns with Kavango’s strategy to fast-track production and capitalize on Zimbabwe’s gold fields, potentially increasing its market positioning and stakeholder value.
Kavango Resources PLC has successfully raised additional funds through the issuance of new ordinary shares in both the UK and Zimbabwe, following strong demand for its shares. The funds, amounting to £150,000 in the UK and approximately US$129,035 in Zimbabwe, will support the company’s general working capital and further exploration and mine development efforts, enhancing its operational capabilities and market presence.