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General Information

Kingsrose Mining Limited
KRM
http://www.kingsrosemining.com.au
Gold
111
359

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$0.31 $0.31 $0.32 $0.31 $0.31 8914 $0.01 ( 1.64% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Current Broker Consensus Recommendation

Strong Buy
21/05/2015
1

Company Overview

Business Description
Kingsrose Mining Limited (KRM) is a gold and silver exploration and development company. KRM flagship project is the Way Linggo Gold Project in Sumatra, Indonesia.
Strategy Analysis
KRM’s strategy is to grow through exploration and through the acquisition of new projects and to emerge as a low cost gold miner. KRM currently focuses on the Way Linggo property located in the Rim of Fire on the Trans Sumatra Fault Zone, Indonesia. It aims to boost production of gold and silver at the project through new production areas, such as Talang Santo. Following the mining activities schedule in 2013, KRM will continue on preparation of an updated project feasibility study, environmental impact study and foresty permit, with the production forecast for annualized rate of more than 40,000oz Au. Kingsrose Mining reported positive cash flow of $183,000 for quarter ended 31 December 2012. Operating cash flow for the period was $(5.22m). Payments for exploration and evaluation were $(1.28m). Investing cash flow was $(416,000). Financing cash flow was $5.82m. Cash in hand at the end of the quarter was $8.84m.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2016 F 0.0 2.3 -2.1% 13.6 0.0 0.0% 0.0%
2015 F 0.0 2.3 0.0% 13.3 0.0 0.0% 0.0%
2014 A -24.2 -6.2 0.0% 0.0 0.0 0.0% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2014 A 2015 F 2016 F 2014 A 2015 F 2016 F 2014 A 2015 F 2016 F
Evolution Mining (EVN) $806M -0.2670 0.5565 0.5278 14.1332 9.0799 5.9429 1.78% 1.73% 2.12%
Kingsrose Mining (KRM) $109M 0.0000 0.0000 -0.0215 0.0000 13.0901 13.3772 0.00% 0.00% 0.00%
Newcrest Mining (NCM) $10,723M -0.0429 0.1317 0.5580 24.8226 21.9348 14.0787 0.00% 0.00% 0.00%
Northern Star Resources (NST) $1,262M 0.2151 2.1509 0.5738 26.5586 8.4290 5.3558 1.64% 2.82% 4.76%
OceanaGold (OGC) $910M 0.0000 -0.2153 -0.3052 6.8353 8.7108 12.5366 0.00% 0.84% 0.84%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.81 21.90 1.60 0.41
Market 0.99 17.00 1.32 1.59
Sector 0.76 13.80 0.70 0.50

Directors

Name Position Start Date
Mr Scott James Huffadine Managing Director 13/01/2014
Mr John Christopher Morris Non-Executive Chairman 17/08/2007
Mr William Phillips Hodges Non-Executive Director 12/01/2005
Mr Andrew Spinks Non-Executive Director 22/08/2012

Management

Name Position
Matthew Smith Chief Financial Officer
Joanna Kiernan Company Secretary
Ashley McAleese Operations Manager
Herryansjah President Director, PT Natarang Mining (PTNM)

Substantial Shareholders

Holding Name
64,729,940 (15.26%) Rex Harbour and associates
32,300,000 (9.01%) Advanced Concept Holdings Ltd
20,000,000 (5.58%) KRM (WA) Pty Ltd

Calendar of Events

Date Event
18 April 2016 Report (Quarterly)
27 January 2016 Report (Quarterly)
02 December 2015 Report (Annual)
19 October 2015 Report (Quarterly)
08 October 2015 Report (Annual)
24 July 2015 Report (Quarterly)
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