TSE:KRR

Karora Resources (KRR) Stock Forecast, Price & News

C$4.20

-0.06 (-1.41%)

(As of 09/22/2023 ET)

Compare

Today's Range: C$4.20
▼
C$4.37
50-Day Range: C$4.04
▼
C$4.86
52-Week Range: C$2.38
▼
C$5.71

Volume: 288,332 shs
Average Volume: 585,144 shs
Market Capitalization: C$735.76 million

P/E Ratio: 38.18
Dividend Yield: N/A
Price Target: C$6.43

Profile Analyst Ratings Chart Competitors Earnings Headlines Social Media

Karora Resources MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 53.0% Upside
C$6.43 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.70
Based on 2 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 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 3 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of C$6.43, Karora Resources has a forecasted upside of 53.0% from its current price of C$4.20.
Amount of Analyst Coverage
Karora Resources has only been the subject of 1 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.

3.2

News and Social Media Coverage

News Sentiment
Karora Resources has a news sentiment score of 0.70. 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 higher news sentiment than the 0.48 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 0 articles on an average week.
Search Interest
1 people have searched for KRR on MarketBeat in the last 30 days.

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.
Percentage Held by Insiders
Only 1.21% of the stock of Karora Resources is held by insiders.
Percentage Held by Institutions
Only 39.48% of the stock of Karora Resources is held by institutions.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Karora Resources is 38.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.30.
Price to Earnings Ratio vs. Sector
The P/E ratio of Karora Resources is 38.18, which means that it is trading at a less expensive P/E ratio than the Basic Materials sector average P/E ratio of about 95.88.
Price to Book Value per Share Ratio
Karora Resources has a P/B Ratio of 2.09. 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

About Karora Resources (TSE:KRR) Stock

Karora Resources Inc. operates as a multi-asset mineral resource company 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. The company was incorporated in 2006 and is headquartered in West Perth, Australia.

KRR Price History

30 days | 90 days | 365 days | Advanced Chart

KRR Stock News Headlines

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 22, 2023 | Investor Place Media (Ad)

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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

August 17, 2023 | theglobeandmail.com

Closing Bell: Karora Resources Inc down on Thursday (KRR)

August 17, 2023 | juniorminingnetwork.com

Karora Resources Announces Appointment of Tony Makuch to Board of Directors and Derek Humphry as Chief Financial Officer

August 17, 2023 | finance.yahoo.com

Karora Resources Announces the Appointment of Tony Makuch to the Board of Directors and Derek Humphry as Chief Financial Officer

September 22, 2023 | Chaikin Analytics (Ad)

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August 1, 2023 | msn.com

Karora Resources: Another Record Quarter

July 24, 2023 | finance.yahoo.com

Is Karora Resources Inc.'s (TSE:KRR) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

July 19, 2023 | marketwatch.com

Karora Resources 2Q Gold Output Reaches New Highs -- Commodity Comment

July 19, 2023 | finance.yahoo.com

Karora Announces New Quarterly Gold Production Record of 40,823 Ounces

July 5, 2023 | msn.com

Karora Resources: Another Year Of Successful Reserve Replacement

May 16, 2023 | markets.businessinsider.com

Karora Resources earnings: here's what Wall Street expects

May 8, 2023 | ca.finance.yahoo.com

Karora Announces Agreement with Kalamazoo Resources to Unlock Lithium Exploration Value Through Creation of Kali Metals Limited

April 27, 2023 | theglobeandmail.com

Closing Bell: Karora Resources Inc up on Thursday (KRR)

April 27, 2023 | seekingalpha.com

KRR:CA Karora Resources Inc.

April 27, 2023 | finance.yahoo.com

Returns At Karora Resources (TSE:KRR) Are On The Way Up

April 25, 2023 | theglobeandmail.com

Closing Bell: Karora Resources Inc up on Monday (KRR)

April 22, 2023 | msn.com

HAYWOOD SECURITIES INC. Maintains Karora Resources (KRR) Buy Recommendation

April 22, 2023 | msn.com

DESJARDINS SECURITIES Upgrades Karora Resources (KRR)

April 21, 2023 | theglobeandmail.com

Closing Bell: Karora Resources Inc up on Friday (KRR)

April 17, 2023 | juniorminingnetwork.com

Karora Resources Announces Best Ever Quarterly Gold Production of 39,810 Ounces

April 17, 2023 | finance.yahoo.com

Karora Announces Best Ever Quarterly Gold Production of 39,810 Ounces

April 13, 2023 | theglobeandmail.com

Closing Bell: Karora Resources Inc up on Wednesday (KRR)

April 11, 2023 | theglobeandmail.com

Closing Bell: Karora Resources Inc down on Monday (KRR)

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KRR Company Calendar

Last Earnings: 8/14/2023
Today: 9/22/2023
Next Earnings (Estimated): 11/06/2023

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Industry, Sector and Symbol

Stock Exchange: TSE
Industry: Gold
Sub-Industry: N/A
Sector: Basic Materials
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 Forecast: C$6.43
High Stock Price Forecast: C$7.50
Low Stock Price Forecast: C$5.20
Forecasted Upside/Downside: +49.4%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): C$0.11
Trailing P/E Ratio: 39.09
Forward P/E Ratio: 9.56
P/E Growth: N/A
Net Income: C$17.64 million
Net Margins: 4.57%
Pretax Margin: N/A
Return on Equity: 5.28%
Return on Assets: 5.50%

Debt

Debt-to-Equity Ratio: 16.10
Current Ratio: 2.07
Quick Ratio: 1.04

Sales & Book Value

Annual Sales: C$385.56 million
Price / Sales: 1.95
Cash Flow: C$0.32 per share
Price / Cash Flow: 13.36
Book Value: C$2.01 per share
Price / Book: 2.14

Miscellaneous

Outstanding Shares: 175,180,000
Free Float: N/A
Market Cap: C$753.27 million
Optionable: Not Optionable
Beta: 1.01

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Key Executives

Mr. Paul Andre Huet Acc.Dir. (Age 54)
Exec. Chairman & CEO
Comp: $982.12k

Mr. Michael Benjamin Doolin Acc.Dir (Age 61)
Sr. VP of Technical Services
Comp: $581.6k

Mr. Oliver Turner (Age 36)
Exec. VP of Corp. Devel.
Comp: $648.1k

Mr. Derek J. Humphry ACA (Age 55)
B.Com, C.A., Chief Financial Officer

Mr. Bevan Jones
Chief Operating Officer

Mr. Rob Buchanan
Director of Investor Relations

Mr. Greg Mincham
VP of HR

Mr. Leigh Stanley Junk Dip Surv (Age 48)
GDip Min Eng, MSc Min Econ, Managing Director

Mr. John Joseph Leddy B.A. (Age 55)
L.L.B., Sr. Advisor - Legal & Strategic Matters

Key Competitors

View All Competitors

KRR Stock - Frequently Asked Questions

Should I buy or sell Karora Resources stock right now?: 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Karora Resources in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" KRR shares.
View KRR analyst ratings or view top-rated stocks.
What is Karora Resources' stock price forecast for 2023?: 3 Wall Street research analysts have issued 12 month target prices for Karora Resources' shares. Their KRR share price forecasts range from C$5.20 to C$7.50. On average, they predict the company's share price to reach C$6.43 in the next twelve months. This suggests a possible upside of 49.4% 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 2023?: Karora Resources' stock was trading at C$4.65 on January 1st, 2023. Since then, KRR shares have decreased by 7.5% and is now trading at C$4.30.
View the best growth stocks for 2023 here.
When is Karora Resources' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 6th 2023.
View our KRR earnings forecast.
How were Karora Resources' earnings last quarter?: Karora Resources Inc. (TSE:KRR) posted its earnings results on Monday, August, 14th. The company reported $0.08 EPS for the quarter, missing analysts' consensus estimates of $0.10 by $0.02. The firm had revenue of $110.60 million for the quarter. Karora Resources had a trailing twelve-month return on equity of 5.28% and a net margin of 4.57%. During the same period in the previous year, the company posted $0.03 EPS.

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 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.
What is Karora Resources' stock price today?: One share of KRR stock can currently be purchased for approximately C$4.30.
How much money does Karora Resources make?: Karora Resources (TSE:KRR) has a market capitalization of C$753.27 million and generates C$385.56 million in revenue each year. The company earns C$17.64 million in net income (profit) each year or C$0.11 on an earnings per share basis.
How many employees does Karora Resources have?: The company employs 210 workers across the globe.
How can I contact Karora Resources?: Karora Resources' mailing address is Ground Floor, 15 Altona Street, West Perth, WA 6005, Australia, . The official website for the company is www.karoraresources.com. The company can be reached via phone at 416-363-0649.

This page (TSE:KRR) was last updated on 9/22/2023 by MarketBeat.com Staff

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Karora Resources (KRR) Stock Forecast, Price & News

Karora Resources MarketRank™ Forecast

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

Search Interest

Company Ownership

Earnings and Valuation

About Karora Resources (TSE:KRR) Stock

KRR Price History

KRR Stock News Headlines

KRR Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

KRR Stock - Frequently Asked Questions

Overall MarketRank^™