KRM 2.94% 3.3¢ kingsrose mining limited

fundamentally sound

  1. 7,501 Posts.
    lightbulb Created with Sketch. 165
    Banjiman Graham, Warren Buffet's mentor, said that in the short term the stock market is a voting machine but in the long term it is a weighing machine.
    So in line with this maxim lets look at KRM's fundamentals:-

    Share Price........................$1.175
    Market Cap .......................$340 mil
    No of Shares.......................289 mil.
    EPS....................................6.44c
    P/E....................................18.25
    Debt to Equity......................0.79%
    Cash in bank........................$30.1 mil
    Net Profit Margin..................29.20%
    Operating Margin..................49.58%
    EBITD margin.......................60.32%
    Return on av assets..............60.32%
    Return on av equity...............31.54%


    IMO the outstanding figures are
    (a) low # of shares
    (b) $30 mil + in the bank ( prospect of another divvie)
    (c) virtually no debt
    (d) Margins & returns all over 29% ( anything over 15% good)

    Once the Telang Santo tragedy is investigated and strategies in place to
    minimise further risk, we should be in a good position to lift EPS to 10c+

    With kind regards
    Moorookamick
 
watchlist Created with Sketch. Add KRM (ASX) to my watchlist
(20min delay)
Last
3.3¢
Change
-0.001(2.94%)
Mkt cap ! $26.37M
Open High Low Value Volume
3.5¢ 3.5¢ 3.3¢ $6.507K 193.2K

Buyers (Bids)

No. Vol. Price($)
3 320000 3.2¢
 

Sellers (Offers)

Price($) Vol. No.
3.3¢ 151333 1
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
KRM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.