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Kingsrose Mining Ltd (KRM) AI Stock Analysis

AU:KRM

Kingsrose Mining Ltd

(ASX:KRM)

Select Model
Rating:38Underperform
Price Target:AUD 0.02â–²(5.56% Upside)
Action:reiterated
Date:10/21/26

The overall score is very low, driven primarily by the company's pre-revenue status and accelerating cash burn, which create significant financial risk. The strong, debt-free balance sheet is the only mitigating factor, providing a temporary runway. Technicals confirm a sustained downtrend with no bullish signals, and the negative P/E ratio underscores the lack of earnings-based value.

Positive Factors
Low Financial LeverageVery low leverage reduces solvency pressure and preserves financial flexibility while Kingsrose advances exploration. Compared with a heavily indebted developer, the company faces less mandatory interest and repayment burden, giving management more capacity to allocate capital toward projects.
Negative Factors
No Revenue and Persistent LossesThe absence of revenue means Kingsrose currently lacks an operating earnings base to fund development or absorb exploration costs. Persistent operating and net losses also show that commercial earnings leverage has not yet emerged, leaving performance dependent on future project success.

Kingsrose Mining Ltd (KRM) vs. iShares MSCI Australia ETF (EWA)

-60%-40%-20%0%20%AU:KRM-58.14%EWA+15.36%Dec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
Market Cap
AUD 14.32M
Dividend Yield
―
Average Volume (3M)
601.06K
Price to Earnings (P/E)
-3.8
Beta (1Y)
0.71
Revenue Growth
―
EPS Growth
15.52%
Country
Australia
Employees
11
Sector
Basic Materials
Sector Strength
61
Industry
Other Precious Metals

Kingsrose Mining Ltd Business Overview & Revenue Model

Company Description

Kingsrose Mining Limited operates as a mineral exploration enterprise with activities across Norway, Finland, and Indonesia. The company's primary objective is to discover valuable deposits containing platinum group elements (PGEs), nickel, copper, g...

Kingsrose Mining Ltd Financial Statement Overview

Summary

The company is pre-revenue with persistent operating losses and deeply negative cash flow, indicating a high cash burn rate. The only support is a strong, debt-light balance sheet with $22.3M in equity, which provides a funding runway. Overall financial health is weak and entirely dependent on this balance sheet strength.

Income Statement

5Very Negative

Balance Sheet

70Positive

Cash Flow

15Very Negative
Financial statement breakdown
BreakdownTTMJun 2026Jun 2025Jun 2024Jun 2023Jun 2022
Income Statement
Total Revenue000000
Gross Profit-264.94K-264.94K-157.64K-158.84K-94.12K-95.14K
EBITDA-4.62M-4.62M-6.18M-7.39M-2.20M-1.78M
Net Income-3.70M-3.70M-4.39M-2.95M-1.34M-10.71M
Balance Sheet
Total Assets24.73M24.73M34.21M40.51M41.38M45.47M
Cash, Cash Equivalents and Short-Term Investments18.12M18.12M27.29M28.87M33.84M27.63M
Total Debt511.00K511.00K408.26K64.75K132.47K275.23K
Total Liabilities2.15M2.15M7.88M3.99M1.44M3.60M
Stockholders Equity22.34M22.34M26.09M36.99M39.94M40.15M
Cash Flow
Free Cash Flow-8.78M-8.78M-1.84M-4.81M-4.75M-5.13M
Operating Cash Flow-8.78M-8.78M-1.70M-761.58K-3.90M-4.29M
Investing Cash Flow-65.74K-65.74K-67.46K-4.05M9.09M-1.13M
Financing Cash Flow-175.53K-175.53K-80.73K-67.72K-50.60K135.35K

Kingsrose Mining Ltd Technical Analysis

Technical Analysis SentimentNegative
Last Price0.02

Price Trends

50DMA0.02Negative
100DMA0.02Negative
200DMA0.03Negative

Market Momentum

MACD-0.00Negative
RSI45.60Neutral
STOCH77.78Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:KRM, the sentiment is Negative. The current price of 0.02 is below the 20-day moving average (MA) of 0.02, below the 50-day MA of 0.02, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 45.60 is Neutral, neither overbought nor oversold. The STOCH value of 77.78 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:KRM.

Kingsrose Mining Ltd Peers Comparison

Overall Rating

UnderperformOutperform
Sector (61)

Financial Indicators

AU:KRM against its peers
NameOverall RatingMarket CapP/E RatioROEDividend YieldRevenue GrowthEPS Growth
Sector *61Neutral$10.43B7.12-0.05%2.87%2.86%-36.73%
AU:HMGAU:HMG52NeutralAUD 46.23M-22.02-9.39%――80.82%
AU:KNBAU:KNB44NeutralAUD 23.43M-3.96-31.63%――-58.33%
AU:PRXAU:PRX42NeutralAUD 24.27M-3.64-58.95%――40.91%
AU:KRMAU:KRM38UnderperformAUD 13.94M-3.77-15.95%――15.52%
AU:GMNAU:GMN32UnderperformAUD 14.31M-1.32-48.04%――60.56%
AU:MVLAU:MVL29UnderperformAUD 18.85M-11.82-50.22%――53.85%

* Basic Materials Sector Average

Performance Comparison

0%100%200%AU:KRMAU:PRXAU:HMGAU:KNBAU:GMNAU:MVLDec '25Jan '26Feb '26Mar '26Apr '26May '26Jun '26Jul '26Aug '26Sep '26Oct '26
AU:KRM and its peers over the selected period
Show on chartTickerCompany NamePriceChange% Change
AU:KRMKingsrose Mining Ltd0.02-0.03-62.50%
AU:PRXProdigy Gold NL0.05-0.01-11.11%
AU:HMGHamelin Gold Limited0.180.10131.25%
AU:KNBKoonenberry Gold Limited0.02-0.02-55.81%
AU:GMNGold Mountain Limited0.05-0.02-32.86%
AU:MVLMarvel Gold Ltd.0.01-0.00-23.53%

Kingsrose Mining Ltd Corporate Events

Kingsrose Mining Plans Issue of 18 Million Unlisted Options

Oct 22, 2026

Kingsrose Mining Ltd has notified the ASX of a proposed issue of securities, outlining plans to issue up to 18 million unlisted options as part of a placement or similar capital-raising structure. The options are scheduled for issue on 20 November 20...

Kingsrose Mining Revises Securities Issue to Require Shareholder Approval

Oct 22, 2026

Kingsrose Mining has lodged a revised Appendix 3B with the ASX, cancelling a previous notice about a proposed securities issue. The updated filing clarifies that the planned issuance of securities to Mr Caruso will now be subject to shareholder appro...

Kingsrose Mining Plans New Options and Performance Rights Issue

Oct 22, 2026

Kingsrose Mining Ltd has notified the ASX of a proposed issue of 5 million unlisted options and 5 million performance rights with staggered expiry dates from June 2027 to June 2029. The securities are to be issued under a placement or similar mechani...

Kingsrose Mining Grants Market-Linked Incentives to New Director Andrew Caruso

Oct 22, 2026

Kingsrose Mining Limited has appointed Andrew Caruso as a director effective 16 October 2026, formalising his governance role alongside an executive employment agreement with its Canadian subsidiary. At the time of appointment, Caruso holds no existi...

Kingsrose Mining to Hold Fully Virtual AGM Under New Meeting Rules

Oct 21, 2026

Kingsrose Mining Limited has called its 2026 annual general meeting of shareholders for 20 November, which will be conducted entirely online to broaden access and participation. Shareholders will be able to listen to the proceedings, submit questions...

Kingsrose Advances Penikat Area 6 Permitting Ahead of 2027 Drilling Target

Sep 30, 2026

Kingsrose Mining has reported progress on permitting for Area 6 of its Penikat Project in Finland, as it works towards a targeted start to drilling in January 2027. The Finnish state landowner Metsähallitus has confirmed that the Natura 2000 env...

Kingsrose Mining Outlines 2026 Corporate Governance Framework and ASX Compliance

Sep 25, 2026

Kingsrose Mining Limited has detailed its 2026 corporate governance framework, confirming full adherence to key ASX Corporate Governance Council principles for the year to 30 June 2026. The board reports that its regime, built on a comprehensive set...

Kingsrose Sets Disciplined Growth Agenda in 2026 Annual Report

Sep 25, 2026

Kingsrose Mining Ltd is a minerals exploration and development company focused on advancing high-quality mining assets, including its Finnmark Project in Norway. With a strong balance sheet and experienced technical team, it targets projects with rob...

Kingsrose Moves Penikat Permitting Toward January 2027 Drilling

Sep 15, 2026

Kingsrose Mining is advancing permitting at its 100%-owned Penikat PGE-Ni-Cu project in northern Finland, prioritising Area 6 to enable near-term exploration drilling outside the Natura 2000 zone. The project hosts a significant JORC Exploration Targ...

Kingsrose Mining Appoints New Director With No Initial Shareholding

Aug 23, 2026

Kingsrose Mining has appointed James Withall as a director effective 24 August 2026, according to an initial director’s interest notice lodged with the ASX. The filing shows that Withall currently holds no relevant interests in Kingsrose securi...

Kingsrose bolsters board with appointment of seasoned resources executive

Aug 23, 2026

Kingsrose Mining Ltd, listed on the ASX, is a sustainability-conscious mineral exploration company focused on discovering and advancing critical mineral deposits. Its portfolio includes the Råna nickel-copper-cobalt and Penikat PGE-base metal pr...

Kingsrose advances Finnmark exploration amid regulatory and community tailwinds

Aug 11, 2026

Kingsrose Mining Ltd is an ASX-listed explorer concentrating on copper-nickel-platinum group elements and orogenic gold in Norway’s Finnmark region. Its activities are centred on the Karasjok and Kautokeino belts, where the company seeks to bui...

Kingsrose Director Andrew Cooke Increases Shareholding via On-Market Purchase

Aug 5, 2026

Kingsrose Mining has reported a change in director Andrew John Cooke’s shareholding in accordance with ASX disclosure rules. Cooke directly acquired 102,500 fully paid ordinary shares in an on-market purchase on 5 August 2026, increasing his ho...

Kingsrose Secures Full Control of Finnmark as Penikat Drilling Plans Advance

Jul 29, 2026

Kingsrose Mining reported steady progress across its Fennoscandian portfolio in the June 2026 quarter, highlighted by continued target definition work at the Finnmark project and a successful application for 950 sq km of additional mineral tenure ove...

Kingsrose Mining Options Expire, Trimming Potential Dilution

Jul 27, 2026

Kingsrose Mining has confirmed the expiry of 3,000,000 listed options (KRMAAD) on 24 July 2026, which lapsed without being exercised. The cessation of these securities marginally reduces the company’s potential future share dilution, clarifying...

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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 21, 2026