Karora Resources Inc. (TSX: KRR)

Canada flag Canada · Delayed Price · Currency is CAD
5.55
+0.11 (2.02%)
Apr 26, 2024, 4:00 PM EDT
18.34%
Market Cap 972.24M
Revenue (ttm) 416.32M
Net Income (ttm) 8.92M
Shares Out 178.65M
EPS (ttm) 0.05
PE Ratio 111.00
Forward PE 16.37
Dividend n/a
Ex-Dividend Date n/a
Volume 811,500
Open 5.63
Previous Close 5.44
Day's Range 5.53 - 5.70
52-Week Range 3.60 - 5.77
Beta 2.08
Analysts n/a
Price Target 6.32 (+13.87%)
Earnings Date May 13, 2024

About Karora Resources

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. [Read more]

Industry Gold
Sector Materials
CEO Paul Andre Huet Acc.Dir.
Country Australia
Stock Exchange Toronto Stock Exchange
Ticker Symbol KRR
Full Company Profile

Financial Performance

In 2023, KRR's revenue was 416.32 million, an increase of 31.31% compared to the previous year's 317.04 million. Earnings were 8.92 million, a decrease of -9.91%.

Financial Statements

News

Fortuna Silver Mines Highlights Strong Q1 Gold, Silver Production Amid Precious Metal Surge

Fortuna Silver Mines (NYSE: FSM) reported strong first-quarter gold and gold equivalent production from its operations across West Africa and Latin America. The company’s first-quarter report indicat...

18 days ago - Benzinga

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

TORONTO , March 22, 2024 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Company") today announced financial and operating results for the fourth quarter ("Q4 2023") and full-year ("2023")...

5 weeks ago - Benzinga

Karora Resources: Another Record Year

3 months ago - Seeking Alpha

Karora Resources: Tracking Well Against FY2023 Guidance

Karora is on track to achieve its mining rate goals at Beta Hunt, with new discoveries supporting growth plans. Read my analysis of KRRGF stock and my rating.

5 months ago - Seeking Alpha

Karora increases gold resources and reserves at Beta Hunt, shares up

(Kitco News) - Karora said its success in the continued expansion of the Beta Hunt mineral resource is a "critical step" enabling mine life extensions.

5 months ago - Kitco

Karora increases net earnings in third quarter on higher gold sales and realized price

(Kitco News) - Karora Resources (TSX: KRR) today reported it produced 39,547 gold ounces in Q3 2023, up 3% from 38,437 ounces in Q3 2022, primarily due to higher average gold grade at the Higginsville...

6 months ago - KITCO

Karora Resources Inc. (KRRGF) Q3 2023 Earnings Call Transcript

Karora Resources Inc. (OTCQX:KRRGF) Q3 2023 Results Conference Call November 10, 2023 10:00 AM ETCompany ParticipantsPaul Huet - Chairman and CEOOliver...

6 months ago - Seeking Alpha

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

Karora Resources press release (KRRGF): Q3 Non-GAAP EPS of C$0.08. Revenue of C$107.1M (+31.7% Y/Y). Production of 39,547 gold ounces increased 3% from 38,437 ounces in the third quarter of

6 months ago - Seeking Alpha

Karora Resources gets approval to renew its normal course issuer bid

I have the latest on Karora Resources' approval to repurchase up to 8.89M of its common shares.

6 months ago - Seeking Alpha

Karora posts net earnings of C$6.6 million in Q2 as gold production sets record

(Kitco News) - Karora said that its cash flow provided by operating activities in Q2 2023 of C$34.4 million tripled from C$11.2 million in Q2 2022.

9 months ago - Kitco

Karora more than doubles operating cash flow in Q1, says gold production exceeded target

(Kitco News) - Karora more than doubles operating cash flow in Q1, says gold production exceeded target

1 year ago - Kitco

Gold producer Karora says its 2022 net earnings down due to higher costs

(Kitco News) - Karora Resources (TSX: KRR) today announced record gold production of 133,887 ounces in 2022, at the top end of the company's guidance range of 120,000 - 135,000 ounces and up 19% from ...

1 year ago - Kitco

Gold producers miss estimates for third quarter output but junior player Karora Resources bucks trend - analysts

Mining giant Barrick Gold's gold production came in lower than estimates in the third quarter, as did mid-tier Eldorado Gold's, but junior producer Karora Resources bucked that trend, achieving record...

1 year ago - Proactive Investors

Karora Resources announces record gold production in third quarter

(Kitco News) - Karora Resources (TSX: KRR) today announced record consolidated gold production of 38,437 ounces for the third quarter of 2022 from its Beta Hunt and Higginsville mines in Western Austr...

1 year ago - Kitco

Karora Resources Announces Upsize of Previously Announced Bought Deal Financing to C$60 Million

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

2 years ago - GlobeNewsWire

Karora Resources to acquire Lakewood gold mill in Australia for A$80 million

(Kitco News) - Karora Resources (TSX: KRR) announced today that it has entered into a binding agreement to acquire the operating, fully permitted 1.0 Mtpa Lakewood Mill gold processing facility locate...

2 years ago - Kitco

Karora Resources Announces C$50 Million Bought Deal Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

2 years ago - GlobeNewsWire

Karora Resources posts net loss in first quarter while gold production up 11%

(Kitco News) - Karora Resources (TSX: KRR) said yesterday that its Q1 2022 consolidated gold production of 27,489 ounces was 11% higher compared to Q1 2021 (24,694 ounces) and in line with the mine pl...

2 years ago - Kitco

Karora increases gold production in Australia in Q1 despite 'challenging' conditions

(Kitco News) - Karora Resources (TSX: KRR) today announced consolidated gold production of 27,489 ounces for the first quarter of 2022 from its Beta Hunt and Higginsville mines in Western Australia, u...

2 years ago - Kitco

Karora Resources hits high-grade nickel at its Beta Hunt mine in Western Australia

Karora Resources Inc. (TSX:KRR) announced new nickel exploration results from the 50C nickel trough at its Beta Hunt mine in Western Australia, which included 3.8% nickel over 10.9 metres and 4.2% nic...

2 years ago - Proactive Investors

Karora Resources reveals 2022 gold output guidance and first nickel production forecast at Beta Hunt in Western Australia

Karora Resources Inc announced 2022 gold production guidance of between 110,000 and 135,000 ounces at anticipated all-in sustaining costs (AISC) of US$950 to US$1,050 per ounce sold. The company also ...

2 years ago - Proactive Investors

Canaccord Genuity resumes coverage of Karora Resources with a 'Buy' rating and a C$6.25 target price

Canaccord Genuity (TSX:CF, LSE:CF) has resumed coverage of Karora Resources Inc with a 'Buy' rating and a C$6.25 target price, noting that the stock offers organic growth, at a good price. The Canadia...

2 years ago - Proactive Investors