TSE:KRR

Karora Resources Stock Forecast, Price & News

C$3.81

-0.04 (-1.04 %)

(As of 08/4/2021 12:42 PM ET)

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Today's Range

C$3.78

▼

C$3.90

50-Day Range

C$3.52

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C$4.51

52-Week Range

C$2.85

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C$4.69

Volume226,157 shs

Average Volume502,214 shs

Market CapitalizationC$558.94 million

P/E Ratio6.02

Dividend YieldN/A

BetaN/A

30 days | 90 days | 365 days | Advanced Chart

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About Karora Resources

Karora Resources Inc. engages in the exploration and production of mineral resources in Australia. The company explores for gold and nickel deposits. It holds 100% interests in the Beta Hunt Gold 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. Karora Resources Inc. was incorporated in 2006 and is headquartered in Toronto, Canada.

Karora Resources (TSE:KRR) Hits New 12-Month High at $3.87
August 3, 2021 | americanbankingnews.com

Vox Announces Record Revenue in Q2 2021 and Increases 2021 Revenue Guidance by +100%
July 29, 2021 | sg.finance.yahoo.com

Karora Resources Inc. Forecasted to Earn Q2 2021 Earnings of $0.11 Per Share (TSE:KRR)
July 23, 2021 | americanbankingnews.com

Karora Resources (TSE:KRR) Has A Pretty Healthy Balance Sheet
July 22, 2021 | finance.yahoo.com

Karora Resources (TSE:KRR) Given New C$6.75 Price Target at Canaccord Genuity
July 16, 2021 | americanbankingnews.com

Karora Resources (TSE:KRR) Given New C$6.00 Price Target at Scotiabank
July 15, 2021 | americanbankingnews.com

Karora Resources reveals record 2Q gold production and sales from its Western Australia operations
July 15, 2021 | proactiveinvestors.com

Karora Announces Record Gold Sales of 31,931 Ounces and Record Gold Production of 30,412 Ounces for the Second Quarter
July 15, 2021 | markets.businessinsider.com

/C O R R E C T I O N -- Karora Resources Inc./
July 15, 2021 | finance.yahoo.com

Karora plans to become a leader in GHG reduction among junior gold miners
June 15, 2021 | markets.businessinsider.com

See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Gold
Sub-IndustryN/A
SectorBasic Materials
Current SymbolTSE:KRR
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.karoraresources.com
Phone416-363-0649
Employees210
Year FoundedN/A

Sales & Book Value

Annual SalesC$244.14 million
Price / Sales2.29
Cash FlowC$0.57 per share
Price / Cash Flow6.69
Book ValueC$1.46 per share
Price / Book2.62

Profitability

Debt

Price-To-Earnings

Miscellaneous

Outstanding Shares146,703,000
Market CapC$558.94 million
Next Earnings Date8/9/2021 (Estimated)
OptionableNot Optionable

MarketRank^™

Overall MarketRank^™

1.95 out of 5 stars

3.5 Analyst's Opinion

Consensus Rating
Karora Resources has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$6.29, Karora Resources has a forecasted upside of 64.6% from its current price of C$3.82.
Amount of Analyst Coverage
Karora Resources has only been the subject of 4 research reports in the past 90 days.

5.0 Community Rank

Outperform Votes
Karora Resources has received 4 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Karora Resources has received 1 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Karora Resources has received 80.00% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Karora Resources and other stocks. Vote “Outperform” if you believe KRR will outperform the S&P 500 over the long term. Vote “Underperform” if you believe KRR will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

0.0 Company Ownership

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

1.3 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Karora Resources is 6.03, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 19.94.
Price to Earnings Ratio vs. Sector
The P/E ratio of Karora Resources is 6.03, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 19.62.
Price to Book Value per Share Ratio
Karora Resources has a P/B Ratio of 2.63. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Karora Resources (TSE:KRR) Frequently Asked Questions

Is Karora Resources a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Karora Resources in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Karora Resources stock.
View analyst ratings for Karora Resources or view top-rated stocks.

What stocks does MarketBeat like better than Karora Resources?

Wall Street analysts have given Karora Resources a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Karora Resources wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Karora Resources' next earnings date?

Karora Resources is scheduled to release its next quarterly earnings announcement on Monday, August 9th 2021.
View our earnings forecast for Karora Resources.

How were Karora Resources' earnings last quarter?

Karora Resources Inc. (TSE:KRR) announced its earnings results on Friday, May, 7th. The company reported $0.06 EPS for the quarter, missing analysts' consensus estimates of $0.07 by $0.01. The company earned $59.28 million during the quarter.
View Karora Resources' earnings history.

What price target have analysts set for KRR?

2 equities research analysts have issued 1 year target prices for Karora Resources' shares. Their forecasts range from C$5.90 to C$6.75. On average, they expect Karora Resources' share price to reach C$6.29 in the next year. This suggests a possible upside of 64.6% from the stock's current price.
View analysts' price targets for Karora Resources or view top-rated stocks among Wall Street analysts.

Who are Karora Resources' key executives?

Karora Resources' management team includes the following people:

Mr. Paul Andre Huet Acc.Dir., Exec. Chairman & CEO (Age 52, Pay $945k)
Mr. Barry L. Dahl Acc.Dir., Chief Financial Officer (Age 57, Pay $531.16k)
Mr. Michael Benjamin Doolin Acc.Dir, Sr. VP of Technical Services (Age 59, Pay $326.2k)
Mr. Oliver Turner, Exec. VP of Corp. Devel.
Mr. Graeme Sloane, Managing Director of Australian Operations
Mr. Timothy Hollaar C.A., CPA, B.A., CPA, CA, VP of Fin. & Corp. Sec. (Age 60, Pay $338.36k)
Mr. Rob Buchanan, Director of Investor Relations
Mr. John Joseph Leddy B.A., L.L.B., Sr. Advisor - Legal & Strategic Matters (Age 53)

Who are some of Karora Resources' key competitors?

Some companies that are related to Karora Resources include Centamin (CEE), Eldorado Gold (ELD), Teranga Gold (TGZ), K92 Mining (KNT), Sandstorm Gold (SSL), Perseus Mining (PRU), Wesdome Gold Mines (WDO), OceanaGold (OGC), Seabridge Gold (SEA), IAMGOLD (IMG), Dundee Precious Metals (DPM), New Gold (NGD), Centamin (CEY), Orla Mining (OLA) and Aura Minerals (ORA).
View all of KRR's competitors.

What is Karora Resources' stock symbol?

Karora Resources trades on the Toronto Stock Exchange (TSX) under the ticker symbol "KRR."

How do I buy shares of Karora Resources?

Shares of KRR 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.

What is Karora Resources' stock price today?

One share of KRR stock can currently be purchased for approximately C$3.82.

How much money does Karora Resources make?

Karora Resources has a market capitalization of C$560.41 million and generates C$244.14 million in revenue each year.

How many employees does Karora Resources have?

Karora Resources employs 210 workers across the globe.

What is Karora Resources' official website?

The official website for Karora Resources is www.karoraresources.com.

How can I contact Karora Resources?

The company can be reached via phone at 416-363-0649.

This page was last updated on 8/4/2021 by MarketBeat.com Staff

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