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Kendrick Resources PLC (GB:KEN)
LSE:KEN

Kendrick Resources PLC (KEN) Price & Analysis

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KEN Stock Chart & Stats

0.26p
<0.01p(1.40%)
At close: 4:00 PM EST
0.26p
<0.01p(1.40%)

Bulls Say, Bears Say

Bulls Say
Monetization Pathways Via Farm-outs/JVs/salesAs an exploration-stage miner, Kendrick’s business model centers on advancing licenses then monetizing via asset sales, farm-outs, or JV funding. These structural options can conserve cash, transfer drilling risk to partners, and preserve upside without requiring immediate operating revenue.
Modest Leverage Reduces Near-term Solvency RiskLow reported debt relative to equity provides a degree of financial flexibility for a pre-revenue explorer, reducing immediate default risk and giving management time to seek partners or sell assets before debt pressures force distressed decisions.
Improving Cash Burn In 2024A materially smaller operating cash outflow in 2024 indicates tightened spending or more efficient project advancement. If sustained, reduced cash burn lengthens runway, lowering near-term financing needs and improving the odds of reaching a value-driving farm-out or JV.
Bears Say
No Revenue And Widening LossesFour consecutive years of zero revenue and a steep increase in the 2024 net loss reflect structural unprofitability for the foreseeable term. Absent a funded JV or asset sale, persistent operating losses will continue to erode capital and hinder the company’s ability to progress projects independently.
Erosion Of Shareholder Equity And Asset BaseA steep decline in equity and assets over two years signals material capital erosion and possible writedowns or disposals. This reduces collateral for partners, limits financing options, and indicates reduced capacity to fund exploration, undermining long-term project advancement prospects.
Consistent Negative Operating And Free Cash FlowOngoing negative operating and free cash flow mean Kendrick must repeatedly raise external funds or farm out assets to continue. Structural reliance on financing increases dilution risk, can delay or shrink exploration programs, and creates execution risk for advancing projects to monetizable stages.

Kendrick Resources PLC News

KEN FAQ

What was Kendrick Resources PLC’s price range in the past 12 months?
Kendrick Resources PLC lowest share price was 0.15p and its highest was 1.49p in the past 12 months.
    What is Kendrick Resources PLC’s market cap?
    Kendrick Resources PLC’s market cap is £4.11M.
      When is Kendrick Resources PLC’s upcoming earnings report date?
      Kendrick Resources PLC’s upcoming earnings report date is May 05, 2026 which is in 77 days.
        How were Kendrick Resources PLC’s earnings last quarter?
        Currently, no data Available
        Is Kendrick Resources PLC overvalued?
        According to Wall Street analysts Kendrick Resources PLC’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
          Does Kendrick Resources PLC pay dividends?
          Kendrick Resources PLC does not currently pay dividends.
          What is Kendrick Resources PLC’s EPS estimate?
          Kendrick Resources PLC’s EPS estimate for its next earnings report is not yet available.
          How many shares outstanding does Kendrick Resources PLC have?
          Kendrick Resources PLC has 293,248,140 shares outstanding.
            What happened to Kendrick Resources PLC’s price movement after its last earnings report?
            Currently, no data Available
            Which hedge fund is a major shareholder of Kendrick Resources PLC?
            Currently, no hedge funds are holding shares in GB:KEN
            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

              Company Description

              Kendrick Resources PLC

              Kendrick Resources PLC engages in the energy metals production business. Its projects include the Airijoki vanadium project in Sweden; the Central Sweden Projects covering a combined area of 197.2 square kilometers in Sweden; the Koitelainen Vosa Vanadium Project comprising a single granted exploration license covering 13.72 square kilometers located in Finland; and the Karhujupukka Vanadium and Nickel Project that comprises two granted exploration permits covering a combined area of 6.5 square kilometers in Finland. The company also has an option agreement to acquire Espedalen Nickel, Sigdal Nickel and Gold, and Hosanger Nickel Projects in Norway. The company was formerly known as BMR Group PLC and changed its name to Kendrick Resources PLC in February 2021. Kendrick Resources PLC was incorporated in 1989 and is headquartered in London, the United Kingdom.

              Kendrick Resources PLC (KEN) Earnings & Revenues

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