Karora Resources (KRR) Stock Price, News & Analysis

Company Overview

Karora Resources Inc. operates as a multi-asset mineral resource company in Australia. The company explores for gold, silver, and nickel deposits. It holds 100% interests in the Beta Hunt mine; the Higginsville Gold operations; and Spargos Reward Gold project located in Western Australia. The company was formerly known as Royal Nickel Corporation and changed its name to Karora Resources Inc. in June 2020. The company was incorporated in 2006 and is headquartered in West Perth, Australia.

Key Stats

• Today's Range: N/A
• 50-Day Range: C$5.96 to C$6.95
• 52-Week Range: N/A
• Volume: 1.98 million shs
• Average Volume: 682,523 shs
• Market Capitalization: C$1.20 billion
• P/E Ratio: 134.00
• Dividend Yield: N/A
• Price Target: C$6.84
• Consensus Rating: Moderate Buy

Karora Resources Stock Analysis - MarketRank™

Karora Resources scored higher than 14% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Karora Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Karora Resources has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Karora Resources is 134.00, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 119.02.

Price to Earnings Ratio vs. Sector

The P/E ratio of Karora Resources is 134.00, which means that it is trading at a more expensive P/E ratio than the Basic Materials sector average P/E ratio of about 113.71.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for KRR.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Karora Resources does not currently pay a dividend.

Dividend Growth

Karora Resources does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Short Interest

There is no current short interest data available for KRR.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

Search Interest

Only 2 people have searched for KRR on MarketBeat in the last 30 days. This is a decrease of -78% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Karora Resources insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.99% of the stock of Karora Resources is held by insiders.

Percentage Held by Institutions

Only 39.45% of the stock of Karora Resources is held by institutions.

KRR Stock Analysis - Frequently Asked Questions

How do I buy shares of Karora Resources?

Shares of KRR stock and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
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What other stocks do shareholders of Karora Resources own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Karora Resources investors own include Wheaton Precious Metals (WPM), CrowdStrike (CRWD), IAMGOLD (IAG), Ivanhoe Mines (IVN), Royal Gold (RGLD), SilverCrest Metals (SILV) and Agnico Eagle Mines (AEM).

Industry, Sector and Symbol

• Stock Exchange: TSE
• Sector: Basic Materials
• Industry: Gold
• Sub-Industry: N/A
• Current Symbol: TSE:KRR
• CUSIP: N/A
• CIK: N/A
• Web: www.karoraresources.com
• Phone: 416-363-0649
• Fax: N/A
• Employees: 210
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: C$6.84
• High Stock Price Target: C$9.00
• Low Stock Price Target: C$5.90
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): C$0.05
• Trailing P/E Ratio: 134.00
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: C$8.92 million
• Net Margins: 2.14%
• Pretax Margin: N/A
• Return on Equity: 2.49%
• Return on Assets: 4.22%

Debt

• Debt-to-Equity Ratio: 17.18
• Current Ratio: 1.68
• Quick Ratio: 1.04

Sales & Book Value

• Annual Sales: C$416.32 million
• Price / Sales: 0.00
• Cash Flow: N/A
• Price / Cash Flow: 13.36
• Book Value: C$2.06 per share
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 178,660,000
• Free Float: N/A
• Market Cap: C$1.20 billion
• Optionable: Not Optionable
• Beta: 2.06