Kore Mining Ltd (TSE:KORE)
:KORE
Want to see TSE:KORE full AI Analyst Report?
Top Page
Kore Mining Ltd
(KORE)
Select Model
Select Model
Rating:46Neutral
Price Target:
C$0.23
▼(-33.82% Downside)
Action:Reiterated
Date:05/10/26
Overall score is constrained primarily by weak financial performance (no revenue, recurring losses, and cash burn with a 2025 deterioration), partially offset by a modestly supportive balance-sheet leverage profile. Technicals are mixed/neutral and provide only limited support, while valuation remains challenged due to negative earnings and no dividend.
Positive Factors
Modest leverage profile
For a pre-revenue exploration firm, debt well below equity in multiple years reduces near-term refinancing pressure and preserves strategic optionality to advance projects. Modest leverage lowers bankruptcy risk and gives management flexibility to seek project funding or JV partners over the next 2–6 months.
Negative Factors
No revenue and recurring losses
Zero operating revenue and persistent operating losses mean the business is fully reliant on external financing rather than internal cash generation. Over a 2–6 month horizon this sustains funding dependence, increases dilution risk with each financing, and limits the company's ability to self-fund exploration or advancement activities.
Read all positive and negative factors
Positive Factors
Negative Factors
Modest leverage profile
For a pre-revenue exploration firm, debt well below equity in multiple years reduces near-term refinancing pressure and preserves strategic optionality to advance projects. Modest leverage lowers bankruptcy risk and gives management flexibility to seek project funding or JV partners over the next 2–6 months.
Read all positive factors
Kore Mining Ltd (KORE) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$18.89M
Dividend YieldN/A
Average Volume (3M)30.86K
Price to Earnings (P/E)―
Beta (1Y)1.80
Revenue GrowthN/A
EPS Growth-11.75%
CountryCA
Employees6
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)-0.02
Shares Outstanding82,151,930
10 Day Avg. Volume10,638
30 Day Avg. Volume30,857
Financial Highlights & Ratios
PEG Ratio-0.01
Price to Book (P/B)11.87
Price to Sales (P/S)0.00
P/FCF Ratio-5.18
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
Kore Mining Ltd Business Overview & Revenue Model
Company Description
KORE Mining Ltd. engages in the exploration, development, and evaluation of mineral resource properties. It focuses on two 100% owned gold projects, including the Imperial project that consists of 654 claims covering an area of approximately 31,00...
How the Company Makes Money
null...
Kore Mining Ltd Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
38
Negative
Cash Flow
16
Very Negative
| Breakdown | Dec 2025 | Dec 2024 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | -9.69K | -37.11K | -105.00K | -192.00K | -126.00K |
| EBITDA | -1.79M | -1.47M | -1.44M | -4.00M | 447.51K |
| Net Income | -1.81M | -1.55M | -1.56M | -4.22M | 295.37K |
Balance Sheet | |||||
| Total Assets | 3.06M | 2.33M | 2.13M | 3.32M | 6.21M |
| Cash, Cash Equivalents and Short-Term Investments | 800.41K | 4.74K | 22.21K | 743.34K | 3.59M |
| Total Debt | 376.91K | 363.31K | 314.37K | 78.34K | 215.66K |
| Total Liabilities | 2.10M | 2.33M | 841.41K | 751.19K | 961.35K |
| Stockholders Equity | 962.32K | 3.99K | 1.29M | 2.57M | 5.25M |
Cash Flow | |||||
| Free Cash Flow | -2.20M | -84.03K | -1.01M | -3.49M | -8.37M |
| Operating Cash Flow | -2.20M | -84.03K | -1.01M | -3.49M | -8.26M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | -229.00K |
| Financing Cash Flow | 3.00M | 79.98K | 216.55K | 616.50K | 7.18M |
Kore Mining Ltd Technical Analysis
Positive
0.34
Price Trends
0.28
Negative
0.32
Negative
0.25
Positive
Market Momentum
-0.01
Negative
51.22
Neutral
75.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:KORE, the sentiment is Positive. The current price of 0.34 is above the 20-day moving average (MA) of 0.25, above the 50-day MA of 0.28, and above the 200-day MA of 0.25, indicating a neutral trend. The MACD of -0.01 indicates Negative momentum. The RSI at 51.22 is Neutral, neither overbought nor oversold. The STOCH value of 75.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:KORE.
Kore Mining Ltd 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 | C$5.73M | -2.94 | -7.93% | ― | -1.81% | 52.11% | |
46 Neutral | C$18.89M | -6.07 | 405.04% | ― | ― | -11.75% | |
46 Neutral | C$8.38M | -18.96 | -144.55% | ― | ― | 8.33% | |
45 Neutral | C$25.74M | -95.43 | -66.97% | ― | ― | 41.82% | |
44 Neutral | C$6.92M | 7.33 | -341.20% | ― | ― | ― |
* Basic Materials Sector Average
TSE:KORE
Kore Mining Ltd
0.26
0.11
74.50%
TSE:PGC
Plato Gold
0.03
0.00
0.00%
TSE:VVC
VVC Exploration
0.01
-0.01
-50.00%
TSE:FENX
FenixOro Gold
0.08
0.00
0.00%
TSE:FNAU
Four Nines Gold
0.58
0.41
237.21%
TSE:FNX
S2 Minerals
0.35
0.09
34.62%
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.