Mining

King River Resources Limited (ASX:KRR)

Industry Group : Materials | Industry Group Name : Metals & Mining

Market Price : AUD 0.027-0.001 (3.571%)

(as on 2021-10-23 03:45:44)

Market Cap : AUD 419.452 M

Previous Close Open Close* Day Range 52 WEEK HIGH LOW
0.028 0.028 0.027 0.026L 0.028 H 0.021L 0.043 H
Last Trade 0.027
Change% -3.5714
52 W H/L 0.043/0.021
EBITDA -547,774
NPAT After Abnormal Items -968,842
Equity 24.75 M
ROE% -3.91%
Total Liabilities 289,863
Total Revenue 0
Cash and Cash Equivalents 6.124 M

Stock Information

Share price 0.027
Market Cap 419.452 M
Price/Gross Cash Flow -649.67
Dividend Yield Excluding Special 0.00%
Ending Shares 15.535 B
52-Week Range 0.021-0.043
P/E ratio 0.000
Sector P/E --
EPS -0.06
EV/EBITDA --
Net Profit Margin (%) --
Gross Cash Flows Per Share -0.00
Net Gearing -24.43%
Gross DPS (AUD) 0
Gross Dividend Yield (Annualized) 0.00%
Earnings Yield 0.000
Net Tangible Asset (NTA) 0.00
Sales Per Share 0.00
Book Value Per Share 0.00

Announcements

Heading Date/Time
Gold Project - Whitewater Regional Helicopter Sampling  13/10/2021 11:12AM
HPA Project - CEO High Purity Metals Division  12/10/2021 9:45AM
Notice of Annual General Meeting/Proxy Form  07/10/2021 11:03AM
HPA Project - Future Battery Industries CRC  06/10/2021 9:50AM
HPA Project - Definitive Feasibility Study Awarded  05/10/2021 9:51AM
Notice of Annual General Meeting Date  29/09/2021 9:18AM
Appendix 4G and Corporate Governance Statement  24/09/2021 2:08PM
2021 Annual Report to shareholders  24/09/2021 2:02PM
HPA Project - DFS Precursor Priorities  08/09/2021 9:28AM
Gold Project - Exploration Update  06/08/2021 9:35AM
KWINANA HPA PROJECT - 5N PRECURSOR PURITY  26/07/2021 5:09PM
Quarterly Activities Report  26/07/2021 9:34AM
Quarterly Cashflow Report  26/07/2021 9:30AM
Speewah Project - High Purity TiO2  22/07/2021 9:35AM
2020 R&D Tax Rebate Received  06/07/2021 12:53PM
Notice of Release from Voluntary Escrow  23/06/2021 3:10PM
High Purity Alumina Prefeasibility Study  16/06/2021 9:51AM
Trading Halt  15/06/2021 10:12AM
Pause in Trading  15/06/2021 9:55AM
HPA Prefeasibility Study Update  21/05/2021 9:24AM
HPA Purity Verification  30/04/2021 2:33PM
Quarterly Activities Report  22/04/2021 10:31AM
Quarterly Cashflow Report  22/04/2021 10:30AM
4N HPA Purity Products  25/03/2021 12:14PM
High Grade Rock Chip Results - Kurundi  05/03/2021 9:28AM
Half Year Accounts  04/03/2021 4:36PM
New high grade vein Mt Remarkable  23/02/2021 9:31AM
High Grade Gold Results Mt Remarkable  27/01/2021 3:04PM
Quarterly Activities Report  27/01/2021 10:42AM

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About Company

Headquartered in Perth, King River Resources Limited (ASX: KRR) is an exploration mining company, which has been listed on the Australian Securities Exchange since 21 September 2007. The Company has holdings in Tier 1 mining jurisdictions of Australia. Its Mt Remarkable and Speewah projects sit within the Kimberley region of Western Australia, while in the Northern Territory, the Company holds tenements in the Tennant Creek region. 

King River Resources’ principal objective is to create shareholder wealth through discovering as well as developing mineral deposits. To meet the purpose, the Company aims to assess a range of mineral commodities situated within the existing tenements. It is backed by a strong team with extensive experience across mining, technical, engineering, finance, and commercial areas. 

The Speewah project covers Australia’s most extensive vanadium-in-magnetite deposit, with potential for extracting high purity alumina (HPA), vanadium, titanium, and iron. The Company is committed towards delivering high purity HPA, which enjoys a strong market potential and attracts high market prices. The Company also plans to extract high purity vanadium and titanium products from the Speewah vanadium deposit suitable as intermediate products for battery and master alloy applications.

The unique physical and chemical properties of HPA make it ideally suited for the growing high technology industries.

A detailed marketing study has unveiled improvement in the demand and prices of 4N HPA. It has resulted from booming trends of two significant high technology markets, where HPA is used as a precursor for manufacturing synthetic sapphire glass and HPA-coated separators. While synthetic sapphire glass is used as substrates in LED lights, laser markets and semiconductors, HPA-coated separators find application in manufacturing lithium batteries. 

The Company’s fundamental focus is geared towards providing an exciting opportunity to benefit from the global market interest and demand in high purity metals. Along these lines, King River is completing feasibility studies as well as pilot programs to support discussions concerning strategic partners’ involvement in project development. 

Moreover, King River has expedited exploration activities across its Mt Remarkable and Tennant Creek projects, registering highly encouraging results.

Corporate Information

company address 254 Adelaide Tce, PERTH, WA, AUSTRALIA, 6000

company phone+61 8 9221 8055

company websitehttp://www.kingriverresources.com.au

Dividends

Ex-Dividend Date Franking DPS (AUD) Dividend Yield
30/06/2021 -- 0.000 0.00%
30/06/2020 -- 0.000 0.00%
30/06/2019 -- 0.000 0.00%
30/06/2018 -- 0.000 0.00%
30/06/2017 -- 0.000 0.00%
30/06/2016 -- 0.000 0.00%
30/06/2015 -- 0.000 0.00%
30/06/2014 -- 0.000 0.00%
30/06/2013 -- 0.000 0.00%
30/06/2012 -- 0.000 0.00%

Event Calendar

Event Type Event Date Event Year
Report (Annual) 2022-09-23 2022
Report (Quarterly) 2022-07-25 2022
Report (Quarterly) 2022-04-21 2022
Report (Quarterly) 2022-01-26 2022
Report (Quarterly) 2021-10-25 2021

Financials

Breakdown 30/06/2021 30/06/2020 30/06/2019 30/06/2018 30/06/2017
Trading Revenue -- -- -- -- --
Other Revenue 0 385,064 115,258 151,775 170,204
Total Revenue 0 385,064 115,258 151,775 170,204
Interest Income 6,094 1,764 4,466 931 453
Interest Expenses -1,521 -1,277 0 0 0
Expenses -913,747 -1.431 M -908,282 -1.015 M -577,973
EBITDA -913,747 -1.046 M -793,024 -863,664 -407,769
Depreciation and Amortization -59,668 -70,314 -16,304 -9,070 -15,680
Depreciation -59,668 -70,314 -16,304 -9,070 -15,680
Amortisation 0 0 0 0 0
EBIT -973,415 -1.116 M -809,328 -872,734 -423,449
Pre Tax Profit -968,842 -1.116 M -804,862 -871,803 -422,996
Tax Expense 0 0 0 0 0
Net Profit After Tax -968,842 -1.116 M -804,862 -871,803 -422,996
Minority Interest 0 0 0 0 0
Preference Dividend 0 0 0 0 0
Net Abnormal Items 0 0 0 0 0
Reported Net Profit After Abnormal Items -968,842 -1.116 M -804,862 -871,803 -422,996
Ending Shares 15.535 B 1.249 B 1.239 B 1.237 B 867.704 M
Weighted Average Shares 1.516 B 1.248 B 1.239 B 997.836 M 649.713 M
EPS After Abnormal Items (cents) -0.06 -0.09 -0.07 -0.09 -0.07
Breakdown 30/06/2021 30/06/2020 30/06/2019 30/06/2018 30/06/2017
Total Current Assets 6.582 M 635,871 3.159 M 7.445 M 750,394
Total Non Current Assets 18.458 M 17.868 M 15.486 M 12.311 M 10.241 M
Total Assets 25.04 M 18.503 M 18.644 M 19.756 M 10.991 M
Total Current Liabilities 246,468 852,254 120,846 543,263 133,981
Total Non Current Liabilities 43,395 55,260 0 0 0
Total Liabilities 289,863 907,514 120,846 543,263 133,981
Net Assets 24.75 M 17.596 M 18.523 M 19.212 M 10.857 M
Breakdown 30/06/2021 30/06/2020 30/06/2019 30/06/2018 30/06/2017
Net Operating Cash -742,479 -132,410 -986,541 -392,123 -373,631
Net Invested Cash -2.827 M -2.71 M -3.221 M -2.222 M -1.49 M
Net Financing Cash Flows 9.115 M 453,906 2.556 M 6.518 M 2.106 M
Beginning Cash 578,179 2.967 M 4.619 M 715,516 473,372
End Cash Position 6.124 M 578,179 2.967 M 4.619 M 715,516
Exchange Rate Adjustments 0 0 0 0 0
Other Cash Adjustments 0 0 0 0 0
Ending Cash 6.124 M 578,179 2.967 M 4.619 M 715,516

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