TSE:KRR

5.59
0.09 (1.58%) 1d
0

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Investor Insights

This summary was created by AI, based on 2 opinions in the last 12 months.

Karora Resources Inc. has deposits in Australia with potential for improvement in production numbers. The company had a choppy year in 2023, but its performance improved as gold prices rose. Trevor Rose's insights highlight KRR's missed earnings estimates, declining profit margins, and positive free cash flow. Management is experienced, and KRR is seen as a small, high-risk, and cheap play on the gold mining industry.

Consensus
Mixed
Valuation
Fair Value
Similar
Barrick Gold Corporation, GOLD
WATCH

Their deposits in Australia has serious upside potential. Production numbers will improve. They had a choppy year in 2023, but rose as gold prices rose. Watch gold's price.

Golds
BUY
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research

KRR has missed most of its earnings estimates over the past several quarters, although the markets reaction to its report has not been that bad. KRR reported EPS of $0.076, missing estimates of $0.086 and revenues of $108.609M matched estimates. Profit margins have been declining over the past few years, although 2023 has shown improvement against 2022. The company is profitable and mostly generates positive free cash flow, however, it is a net issuer of shares. It generated positive free cash flow in the quarter, and its AISC averaged U$1,160, in line with full-year guidance of U$1,100 to U$1,250. This decreased slightly from U$1,190 in Q2 of 2022 and U$1,213 in the previous quarter. 

Management is fairly experienced, with the CEO previously acting as the CEO of Klondex Mines from 2012 to 2018, and the CFO having mining sector experience for over 20 years at TSX and ASX listed companies. 

We like KRR as a small, high-risk, and cheap play on the gold mining industry.  
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Golds
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Results from last quarter looked good. All metrics beat streets. 30 cents EPS was nearly double expectations. EBITDA was 138% better than forecast. Production rose 54% compared to prior years. Numbers are good. Unlock Premium - Try 5i Free

Golds
BUY

Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. A gold exploration and production company. An attractive play in the small cap space although for more high risk investors. Unlock Premium - Try 5i Free

Golds
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Karora Resources Inc. (KRR-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Karora Resources Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Karora Resources Inc. (KRR-T) Frequently Asked Questions

What is Karora Resources Inc. stock symbol?

Karora Resources Inc. is a Canadian stock, trading under the symbol KRR-T on the Toronto Stock Exchange (KRR-CT). It is usually referred to as TSX:KRR or KRR-T

Is Karora Resources Inc. a buy or a sell?

In the last year, 1 stock analyst published opinions about KRR-T. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Karora Resources Inc. .

Is Karora Resources Inc. a good investment or a top pick?

Karora Resources Inc. was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Karora Resources Inc. .

Why is Karora Resources Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Karora Resources Inc. worth watching?

1 stock analyst on Stockchase covered Karora Resources Inc. In the last year. It is a trending stock that is worth watching.

What is Karora Resources Inc. stock price?

On 2024-06-13, Karora Resources Inc. (KRR-T) stock closed at a price of $5.59.