Should I buy or sell Karora Resources stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Karora Resources in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KRR shares. View KRR analyst ratings or view top-rated stocks .

What is Karora Resources' stock price target for 2024?

4 equities research analysts have issued twelve-month price objectives for Karora Resources' stock. Their KRR share price targets range from C$5.90 to C$7.50. On average, they anticipate the company's stock price to reach C$6.66 in the next year. This suggests a possible upside of 17.9% from the stock's current price. View analysts price targets for KRR or view top-rated stocks among Wall Street analysts .

How have KRR shares performed in 2024?

Karora Resources' stock was trading at C$4.87 on January 1st, 2024. Since then, KRR stock has increased by 16.0% and is now trading at C$5.65. View the best growth stocks for 2024 here .

When is Karora Resources' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our KRR earnings forecast .

How were Karora Resources' earnings last quarter?

Karora Resources Inc. (TSE:KRR) announced its quarterly earnings data on Friday, March, 22nd. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.07 by $0.05. The business earned $101.78 million during the quarter. Karora Resources had a net margin of 2.14% and a trailing twelve-month return on equity of 2.49%.

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. Compare Top Brokerages Here .

TSE:KRR

Karora Resources (KRR) Stock Price, News & Analysis

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Free KRR Stock Alerts

C$5.65

+0.24 (+4.44%)

(As of 04/18/2024 ET)

Compare

Today's Range: C$5.41
▼
C$5.69
50-Day Range: C$3.97
▼
C$5.65
52-Week Range: C$3.60
▼
C$5.69

Volume: 1.62 million shs
Average Volume: 602,164 shs
Market Capitalization: C$1.01 billion

P/E Ratio: 113.00
Dividend Yield: N/A
Price Target: C$6.66

Stock Analysis Analyst Forecasts Chart Competitors Earnings Headlines

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Karora Resources MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 17.9% Upside
C$6.66 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.12
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.58 out of 5 stars

2.4

Analyst's Opinion

Consensus Rating
Karora Resources has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 3 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Karora Resources has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for KRR.

0.0

Dividend Strength

Dividend Yield
Karora Resources does not currently pay a dividend.
Dividend Growth
Karora Resources does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for KRR.

1.0

News and Social Media Coverage

News Sentiment
Karora Resources has a news sentiment score of -0.12. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Basic Materials companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for Karora Resources this week, compared to 1 article on an average week.
MarketBeat Follows
Only 1 people have added Karora Resources to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

0.8

Company Ownership

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 1.01% of the stock of Karora Resources is held by insiders.
Percentage Held by Institutions
41.14% of the stock of Karora Resources is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Karora Resources is 113.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 147.65.
Price to Earnings Ratio vs. Sector
The P/E ratio of Karora Resources is 113.00, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 140.25.
Price to Book Value per Share Ratio
Karora Resources has a P/B Ratio of 2.74. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Karora Resources Stock (TSE:KRR)

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.

KRR Stock Price History

30 days | 90 days | 365 days | Advanced Chart

KRR Stock News Headlines

April 11, 2024 | americanbankingnews.com

Karora Resources (TSE:KRR) Rating Lowered to Neutral at Eight Capital

April 5, 2024 | marketwatch.com

Karora Resources Shares Rise as Production Guidance Maintained Despite Challenging 1Q

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 28, 2024 | ca.sports.yahoo.com

Sergey Brin personally called a Google employee to convince them to turn down a job at OpenAI: report

March 28, 2024 | msn.com

Australian Stocks: Ramelius (RMS) Shares Gain as Karora Merger Talks End

March 24, 2024 | finance.yahoo.com

Karora Resources Full Year 2023 Earnings: EPS Misses Expectations

March 22, 2024 | finance.yahoo.com

KARORA RESOURCES REPORTS RECORD PRODUCTION, REVENUE AND CASH FLOW FOR 2023

March 21, 2024 | markets.businessinsider.com

Karora Resources is about to announce its earnings — here's what to expect

April 19, 2024 | Gold Safe Exchange (Ad)

The “Perfect Storm” for Gold

Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

March 11, 2024 | juniorminingnetwork.com

Karora Resources Announces Consolidated 2024 Gold Production Guidance of 170,000 - 185,000 ounces at AISC of US$1,250 - US$1,375 per ounce sold

March 11, 2024 | finance.yahoo.com

Karora Announces Consolidated 2024 Gold Production Guidance of 170,000 - 185,000 ounces at AISC of US$1,250 - US$1,375 per ounce sold

March 7, 2024 | finance.yahoo.com

Karora Resources Responds to Media Speculation

February 15, 2024 | morningstar.com

Karora Resources Inc KRR

January 15, 2024 | juniorminingnetwork.com

Karora Resources Exceeds High End of 2023 Gold Production Guidance with Record Annual...

January 1, 2024 | finance.yahoo.com

Karora Resources Inc.'s (TSE:KRR) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?

December 4, 2023 | seekingalpha.com

Karora Resources: Tracking Well Against FY2023 Guidance

November 14, 2023 | finance.yahoo.com

Karora Resources Inc.'s (TSE:KRR) largest shareholders are retail investors with 59% ownership, institutions own 40%

November 10, 2023 | msn.com

Karora Resources reports mixed Q3 earnings; on track to achieve FY23 outlook

November 10, 2023 | finance.yahoo.com

KARORA RESOURCES REPORTS STRONG PRODUCTION, REVENUE, EARNINGS AND CASH FLOW GROWTH IN THIRD QUARTER 2023

October 11, 2023 | msn.com

Karora reports Q3 gold production of 39.5k oz

October 11, 2023 | finance.yahoo.com

Karora Announces Strong Third Quarter Gold Production of 39,548 Ounces, Gold Sales of 41,278 Ounces and Increased Cash Position of $84.2 Million

October 5, 2023 | msn.com

Maximus just drilled a near term gold mine and an emerging nickel sulphide discovery

October 4, 2023 | finance.yahoo.com

Karora Resources (TSE:KRR) Shareholders Will Want The ROCE Trajectory To Continue

September 22, 2023 | msn.com

Maximus kicks off synchronised gold and nickel drilling in WA

September 18, 2023 | finance.yahoo.com

Karora Reports Intersections of 14.7 g/t Over 4.0 Metres and 12.2 g/t Over 6.0 Metres at Beta Hunt's Mason Zone and the 140 Metre Extension of Gold Mineralization at the Spargos Mine to a Depth of 580 Metres

September 12, 2023 | finance.yahoo.com

Karora Reports Results from Fletcher South Infill Drill Program Showing Strong Continuity with Intersections of 15.9 g/t Over 6.0 Metres and 4.8 g/t Over 32.0 Metres

September 1, 2023 | msn.com

Karora Resources: Growth At A Reasonable Price

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Company Calendar

Last Earnings: 3/22/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/20/2024

Get Stock Alerts

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$6.66
High Stock Price Target: C$7.50
Low Stock Price Target: C$5.90
Potential Upside/Downside: +17.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.05
Trailing P/E Ratio: 113.00
Forward P/E Ratio: 18.52
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: 5.21%

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: 2.42
Cash Flow: C$0.42 per share
Price / Cash Flow: 13.36
Book Value: C$2.06 per share
Price / Book: 2.74

Miscellaneous

Outstanding Shares: 178,590,000
Free Float: N/A
Market Cap: C$1.01 billion
Optionable: Not Optionable
Beta: 2.00

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Key Executives

Mr. Paul Andre Huet Acc.Dir. (Age 55)
Executive Chairman & CEO
Comp: $1.33M
Mr. Michael Benjamin Doolin Acc.Dir (Age 62)
Senior Vice President of Technical Services
Comp: $790.33k
Mr. Oliver Turner (Age 37)
Executive Vice President of Corporate Development
Comp: $648.1k
Mr. Derek J. Humphry ACA (Age 56)
B.Com, C.A., Chief Financial Officer
Mr. Rob Buchanan
Director of Investor Relations
Mr. Greg Mincham
Vice President of Human Resources
Mr. Leigh Stanley Junk Dip Surv (Age 49)
GDip Min Eng, MSc Min Econ, Managing Director
Mr. Peter Bradley Ganza
Chief Operating Officer of Australia
Mr. John Joseph Leddy B.A. (Age 56)
L.L.B., Senior Advisor - Legal & Strategic Matters
Comp: $457.2k

Key Competitors

View All Competitors

KRR Stock Analysis - Frequently Asked Questions

Should I buy or sell Karora Resources stock right now?: 4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Karora Resources in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" KRR shares.
View KRR analyst ratings or view top-rated stocks.
What is Karora Resources' stock price target for 2024?: 4 equities research analysts have issued twelve-month price objectives for Karora Resources' stock. Their KRR share price targets range from C$5.90 to C$7.50. On average, they anticipate the company's stock price to reach C$6.66 in the next year. This suggests a possible upside of 17.9% from the stock's current price.
View analysts price targets for KRR or view top-rated stocks among Wall Street analysts.
How have KRR shares performed in 2024?: Karora Resources' stock was trading at C$4.87 on January 1st, 2024. Since then, KRR stock has increased by 16.0% and is now trading at C$5.65.
View the best growth stocks for 2024 here.
When is Karora Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024.
View our KRR earnings forecast.

How were Karora Resources' earnings last quarter?: Karora Resources Inc. (TSE:KRR) announced its quarterly earnings data on Friday, March, 22nd. The company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.07 by $0.05. The business earned $101.78 million during the quarter. Karora Resources had a net margin of 2.14% and a trailing twelve-month return on equity of 2.49%.
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.
Compare Top Brokerages Here.

This page (TSE:KRR) was last updated on 4/19/2024 by MarketBeat.com Staff

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Karora Resources (KRR) Stock Price, News & Analysis

Karora Resources MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Karora Resources Stock (TSE:KRR)

KRR Stock Price History

KRR Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

KRR Stock Analysis - Frequently Asked Questions

Overall MarketRank^™