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General Information

Kula Gold Limited
KGD
http://www.kulagold.com.au
Gold
7
316

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$0.02 - - - $0.02 0 - ( No change )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Current Broker Consensus Recommendation

Strong Sell
16/06/2015
1

Company Overview

Business Description
Kula Gold Limited (KGD) is a gold mining exploration company focused on the development of the Woodlark Island gold project in Papua New Guinea.
Strategy Analysis
KGD has a vision to become a significant mid-tier gold producer from multiple mines in the Asia Pacific region. KGD plans to start production in 2013 (+100k oz pa). Before then, KGD plans to aggressively explore in the historical goldfields in Papua New Guinea, and increase near-term production prospects along with identifying significant potential exploration upside. Kula Gold reported negative cash flow of $6.99m for quarter ended 31 December 2011. Operating cash flow for the period was $(6.93m). Payments for exploration and evaluation were $(6.61m). Investing cash flow was $(64,000). Financing cash flow was nil. Cash in hand at the end of the quarter was $20.22m.

Financial Summary

Year to Dec NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014 A -53.2 -35.0 0.0% 0.0 0.0 0.0% 0.0%
2013 A -2.5 -2.0 0.0% 0.0 0.0 0.0% 0.0%
2012 A -29.2 -25.5 0.0% 0.0 0.0 0.0% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Evolution Mining (EVN) $1,037M -0.2669 0.4973 0.6535 14.0457 9.3806 5.6732 1.79% 1.82% 2.27%
Kula Gold (KGD) $7M 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Newcrest Mining (NCM) $8,631M -0.0429 0.1228 0.5345 19.9787 17.7939 11.5963 0.00% 0.00% 0.00%
Northern Star Resources (NST) $1,239M 0.2151 1.9751 0.6157 25.9352 8.7175 5.3956 1.68% 2.62% 4.64%
OceanaGold (OGC) $847M 0.0000 -0.1759 -0.2986 6.3568 7.7136 10.9972 0.00% 0.93% 0.93%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 0.08 0.00
Market 0.89 16.20 1.33 1.33
Sector 0.64 11.90 0.67 0.34

Directors

Name Position Start Date
Mr David Frecker Non-Executive Chairman 16/11/2010
Mr Louis Ivan Rozman Non-Executive Director 27/07/2007
Mr Mark Hilton Stowell Non-Executive Director 20/09/2010
Mr Lee Keith Spencer Non-Executive Director 27/07/2007
Mr Arnold Vogel Non-Executive Director 20/04/2015

Management

Name Position
Stuart Pether Chief Executive Officer
Leanne Ralph Company Secretary

Substantial Shareholders

Holding Name
91,788,755 (35.21%) Pacific Road Holdings NV
43,651,496 (16.74%) RMB Resources Limited
35,521,219 (13.62%) National Nominees Limited

Calendar of Events

Date Event
28 July 2016 Report (Quarterly)
26 April 2016 Report (Quarterly)
29 March 2016 Report (Annual)
29 January 2016 Report (Quarterly)
29 October 2015 Report (Quarterly)
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