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Kaiser Reef Ltd (KAU) AI Stock Analysis
Kaiser Reef Ltd
(ASX:KAU)
The overall score reflects a promising but still emerging investment case: a strong recent turnaround to profitable, cash-generating operations with a conservatively leveraged balance sheet and attractive low P/E valuation, offset by weak current price momentum and a limited, volatile track record that introduces meaningful execution and sustainability risk.
Kaiser Reef Ltd (KAU) vs. iShares MSCI Australia ETF (EWA)
- Market Cap
- AUD 90.80M
- Dividend Yield
- ―
- Average Volume (3M)
- 1.29M
- Price to Earnings (P/E)
- 5.3
- Beta (1Y)
- 0.76
- Revenue Growth
- 331.30%
- EPS Growth
- ―
- Country
- Australia
- Employees
- 18
- Sector
- Basic Materials
- Sector Strength
- 61
- Industry
- Gold
Kaiser Reef Ltd Business Overview & Revenue Model
Company Description
Kaiser Reef Limited engages in the exploration, development, mining, production, and sale of gold in Australia. The company was incorporated in 2019 and is based in Subiaco, Australia.
How the Company Makes Money
Kaiser Reef’s primary source of revenue is the sale of gold produced from its mining operations. The company generates gold-bearing ore from its underground and/or surface mining activities, processes that material (either through company-operated fa...
Kaiser Reef Ltd Financial Statement Overview
Summary
Financial performance is solidly above average, driven by a sharp revenue step-up, double-digit margins, improved return on equity near 20%, and positive free cash flow, but tempered by a short and volatile history of profitability and cash generation.
Income Statement
73PositiveBalance Sheet
81Very PositiveCash Flow
66Positive| Breakdown | TTM | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 150.23M | 150.23M | 34.83M | 23.74M | 30.71M | 22.80M |
| Gross Profit | 29.98M | 29.98M | 143.29K | -3.27M | 3.01M | 5.87M |
| EBITDA | 45.21M | 45.21M | -307.27K | -1.74M | 4.93M | 4.54M |
| Net Income | 16.83M | 16.83M | -20.24M | -5.53M | 1.17M | -2.26M |
Balance Sheet | ||||||
| Total Assets | 142.35M | 142.35M | 120.26M | 30.24M | 32.30M | 29.57M |
| Cash, Cash Equivalents and Short-Term Investments | 37.05M | 37.05M | 24.76M | 1.11M | 3.23M | 6.58M |
| Total Debt | 10.21M | 10.21M | 9.89M | 599.82K | 543.37K | 267.84K |
| Total Liabilities | 58.15M | 58.15M | 51.66M | 6.14M | 7.08M | 6.76M |
| Stockholders Equity | 84.20M | 84.20M | 68.60M | 24.10M | 25.22M | 22.81M |
Cash Flow | ||||||
| Free Cash Flow | 13.04M | 13.04M | -7.56M | -4.86M | -4.12M | -3.02M |
| Operating Cash Flow | 44.74M | 44.74M | 5.13M | 467.76K | 5.26M | 5.65M |
| Investing Cash Flow | -35.79M | -35.79M | -33.53M | -5.33M | -9.39M | -8.59M |
| Financing Cash Flow | 7.34M | 7.34M | 48.05M | 2.75M | 764.86K | 4.74M |
Kaiser Reef Ltd Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:KAU, the sentiment is Negative. The current price of 0.15 is below the 20-day moving average (MA) of 0.17, below the 50-day MA of 0.20, and below the 200-day MA of 0.25, indicating a bearish trend. The MACD of -0.01 indicates Negative momentum. The RSI at 32.17 is Neutral, neither overbought nor oversold. The STOCH value of 38.89 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:KAU.
Kaiser Reef Ltd Peers Comparison
Overall Rating
AU:RND73Outperform- AU:KAU68.4Neutral
AU:PGL43Neutral
AU:TAM42Neutral
AU:FXG39Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| AU:RND | 73Outperform | AUD 123.99M | 5.12 | 20.31% | 4.59% | 19.64% | 81.68% |
| AU:KAU | 68Neutral | AUD 93.82M | 5.34 | 20.78% | ― | 331.30% | ― |
| Sector * | 61Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% |
| AU:PGL | 43Neutral | AUD 87.76M | -6.07 | -27.74% | ― | ― | 75.42% |
| AU:TAM | 42Neutral | AUD 131.61M | -9.82 | -10.42% | ― | ― | -17.39% |
| AU:FXG | 39Underperform | AUD 72.29M | -7.14 | -18.80% | ― | ― | -133.33% |
* Basic Materials Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AU:KAU | Kaiser Reef Ltd | 0.15 | -0.11 | -41.18% | |
| AU:PGL | Pilbara Gold Limited | 0.41 | -0.12 | -22.86% | |
| AU:RND | Rand Mining Limited | 2.11 | -0.14 | -6.22% | |
| AU:TAM | Tanami Gold NL | 0.06 | -0.00 | -5.08% | |
| AU:FXG | Felix Gold Ltd. | 0.14 | -0.32 | -69.23% | |
| AU:VAL | Valiant Gold Limited | 0.25 | -0.05 | -16.67% |
Kaiser Reef Ltd Corporate Events
Kaiser Reef Highlights Profitable Gold Production and Growth Potential in Investor Update
Kaiser Reef Ltd has provided an investor-focused company update in conjunction with its participation at IMARC in October 2026, highlighting its status as a profitable, dual-asset Australian gold producer with district-scale growth ambitions. The upd...
Kaiser Reef Lifts Cash, Extends Henty Mine Life as Maldon Development Advances
Kaiser Reef reported quarterly gold production of 6,263 ounces across its Henty and Maldon operations, lifting cash and bullion holdings to A$40 million and generating underlying cash flow of A$5.6 million while reducing debt. The company fully repai...
Kaiser Reef Plans Issue of Director Performance Rights
Kaiser Reef Ltd is an ASX-listed company, trading under the code KAU. The announcement relates to the company’s capital markets activity, specifically the proposed issue of director performance rights, indicating a focus on equity-based executi...
Kaiser Reef Moves AGM Materials and Voting Online Ahead of November Meeting
Kaiser Reef Ltd has called its Annual General Meeting of shareholders for 13 November 2026 in Perth, with proceedings scheduled to start at 10:00am AWST. The company is adopting a largely electronic approach to meeting documentation, making the Notic...
Kaiser Reef Sets 2026 AGM to Vote on Governance, Incentives and Capital Mandate
Kaiser Reef Ltd has called its annual general meeting for 13 November 2026 in Perth, setting out a slate of resolutions that will shape its governance and capital structure. Shareholders are being asked to endorse the 2026 remuneration report, vote o...
Kaiser Reef lifts cash balance as gold output supports debt paydown
Kaiser Reef reported quarterly production of 6,263 ounces of gold from its Henty and Maldon operations, alongside silver output of 5,259 ounces from Henty, and closed the period with cash and bullion of A$40 million. The company emphasised that Henty...
Kaiser Reef Maintains Six-Year Mine Life at Henty with Updated Gold Reserves
Kaiser Reef Ltd, a profitable Australian gold producer operating underground mines in Tasmania and Victoria, has highlighted the Henty Gold Mine as a key asset with significant ongoing exploration potential. The company is expanding drilling efforts...
Kaiser Reef Completes High-Resolution Survey at Maldon Gold Project
Kaiser Reef Ltd has completed a close-spaced, low-altitude helicopter magnetic and radiometric survey over 59 square kilometres at its Maldon Gold Project in Victoria. The program follows earlier soil surveys that identified multiple gold and arsenic...
Kaiser Reef Targets Extra 3,100oz from A1 Tailings to Boost Maldon Plant Feed
Kaiser Reef has completed a JORC-compliant inferred mineral resource estimate for historical tailings at the A1 Gold Mine in Victoria, identifying an A1 Tailings Stockpile of about 77,000 tonnes grading 1.25 grams per tonne for roughly 3,100 ounces o...
Kaiser Reef Starts Underground Development at Maldon’s Union Hill Gold Mine
Kaiser Reef has commenced underground development at the Union Hill Gold Mine within its Maldon Gold Project in Victoria, taking the first cut on the Northern Drill Drive after nearly eight years without on-site development. The project benefits from...
Flynn Gold secures potential processing route via Henty ore agreement
Flynn Gold has signed a non-binding ore purchase agreement with Kaiser Reef’s Henty Gold Mine in western Tasmania, outlining a framework for Henty to buy ore or concentrates from Flynn for processing through its existing plant. The arrangement...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 02, 2026