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Kenorland Minerals
(KLD)
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Rating:56Neutral
Price Target:
C$2.00
▼(-20.00% Downside)
Action:Reiterated
Date:08/24/26
The score is held back primarily by weak financial performance—persistent, very large operating losses and a return to negative free cash flow—despite a strong low-debt balance sheet. Technicals are a supportive offset with price trending above major moving averages and positive momentum indicators. Valuation remains less supportive given negative earnings and no stated dividend yield.
Positive Factors
Revenue Growth
TTM revenue growth of 23.5% indicates expanding business activity and suggests the company is advancing projects or generating greater value from its exploration portfolio. If sustained, this growth can improve operating leverage and provide a stronger base for future profitability.
Negative Factors
Persistent Operating Losses
Persistent, very large operating and net losses show that current revenue is insufficient to cover the cost base and exploration spending. This weakens earnings quality, limits internally funded growth, and could require additional financing or asset transactions if losses continue over the next several quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
TTM revenue growth of 23.5% indicates expanding business activity and suggests the company is advancing projects or generating greater value from its exploration portfolio. If sustained, this growth can improve operating leverage and provide a stronger base for future profitability.
Read all positive factors
Kenorland Minerals (KLD) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$166.39M
Dividend YieldN/A
Average Volume (3M)383.86K
Price to Earnings (P/E)―
Beta (1Y)1.70
Revenue Growth43.61%
EPS Growth-5.48%
CountryCA
Employees45
SectorBasic Materials
Sector Strength58
IndustryIndustrial Materials
Share Statistics
EPS (TTM)-0.12
Shares Outstanding80,383,870
10 Day Avg. Volume38,417
30 Day Avg. Volume383,855
Financial Highlights & Ratios
PEG Ratio-0.13
Price to Book (P/B)4.83
Price to Sales (P/S)43.45
P/FCF Ratio693.20
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
C$4.00Price Target Upside60.00% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Kenorland Minerals Business Overview & Revenue Model
Company Description
Kenorland Minerals Ltd. functions as an exploration firm dedicated to the identification, acquisition, and assessment of precious metal mineral properties throughout North America. The company's primary focus is on gold, silver, and other valuable...
Kenorland Minerals Financial Statement Overview
Summary
Income Statement
32
Negative
Balance Sheet
78
Positive
Cash Flow
34
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Dec 2023 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.34M | 4.72M | 2.85M | 3.72M | 2.47M | 2.00M |
| Gross Profit | 4.24M | 4.62M | 2.76M | 3.67M | 2.46M | 1.97M |
| EBITDA | -6.93M | -8.03M | -1.94M | -4.13M | 18.97M | 1.04M |
| Net Income | -9.73M | -10.11M | -3.69M | -4.42M | 16.24M | 1.11M |
Balance Sheet | ||||||
| Total Assets | 51.02M | 53.52M | 58.86M | 50.08M | 55.55M | 24.48M |
| Cash, Cash Equivalents and Short-Term Investments | 13.77M | 20.62M | 28.19M | 25.43M | 24.13M | 9.42M |
| Total Debt | 92.65K | 137.45K | 217.71K | 286.96K | 0.00 | 112.47K |
| Total Liabilities | 8.68M | 11.13M | 9.24M | 7.64M | 10.58M | 3.99M |
| Stockholders Equity | 42.34M | 42.39M | 49.62M | 42.45M | 44.97M | 20.49M |
Cash Flow | ||||||
| Free Cash Flow | -1.74M | 295.54K | 1.12M | -179.16K | -444.11K | -21.75M |
| Operating Cash Flow | 6.33K | 302.73K | 1.12M | -137.97K | -431.18K | -3.04M |
| Investing Cash Flow | -13.06M | -8.73M | -9.08M | 1.40M | 8.57M | -5.37M |
| Financing Cash Flow | 975.31K | 851.60K | 10.72M | 34.29K | 6.57M | 5.29M |
Kenorland Minerals Technical Analysis
Negative
2.50
Price Trends
2.29
Negative
2.24
Negative
2.39
Negative
Market Momentum
-0.04
Positive
46.95
Neutral
39.44
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:KLD, the sentiment is Negative. The current price of 2.5 is above the 20-day moving average (MA) of 2.19, above the 50-day MA of 2.29, and above the 200-day MA of 2.39, indicating a bearish trend. The MACD of -0.04 indicates Positive momentum. The RSI at 46.95 is Neutral, neither overbought nor oversold. The STOCH value of 39.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:KLD.
Kenorland Minerals Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | C$166.39M | -17.48 | -22.60% | ― | 43.61% | -5.48% | |
54 Neutral | C$129.29M | -86.08 | -1.28% | ― | ― | 98.58% | |
45 Neutral | C$74.88M | -17.03 | -17.29% | ― | ― | 2.55% | |
44 Neutral | C$178.95M | -8.11 | -30.37% | ― | ― | 38.22% | |
42 Neutral | C$122.01M | -11.93 | -28.52% | ― | ― | -128.55% | |
42 Neutral | C$134.96M | -4.90 | -44.11% | 72.33% | ― | -309.60% |
* Basic Materials Sector Average
TSE:KLD
Kenorland Minerals
2.07
0.24
13.11%
TSE:TSK
Talisker Resources
0.85
-0.64
-42.95%
TSE:FURY
Fury Gold Mines
0.68
-0.14
-17.07%
TSE:GRSL
GR Silver Mining
0.24
-0.03
-11.32%
TSE:DMX
District Metals
0.39
-1.09
-73.65%
TSE:TDG
TDG Gold
0.48
-0.48
-50.00%
Kenorland Minerals Corporate Events
Business Operations and StrategyPrivate Placements and Financing
Kenorland Minerals Targets Up to $11 Million in Private Placement to Fund Exploration
Positive
Oct 22, 2026
Kenorland Minerals has launched a non-brokered private placement of up to 5,238,095 common shares at $2.10 per share to raise as much as CAD $11 million, with the potential to increase the offering by an additional 2,508,002 shares to accommodate ...
Business Operations and StrategyPrivate Placements and Financing
Franco-Nevada Takes 12.4% Stake in Kenorland Minerals
Positive
Oct 5, 2026
Franco-Nevada Corporation has acquired 10,000,000 common shares of Kenorland Minerals for $22.2 million through private agreements, becoming a significant shareholder with approximately 12.42% of the company. The shares were purchased from major e...
Business Operations and StrategyPrivate Placements and FinancingRegulatory Filings and Compliance
Kenorland Minerals Tops Up Partner Stakes in Small Equity Issuance
Positive
Oct 2, 2026
Kenorland Minerals Ltd. has completed a share issuance to Sumitomo Metal Mining Canada Ltd. and Centerra Gold Inc. under previously agreed investor rights, allowing the two partners to maintain equity stakes of 10.1% and 9.9%, respectively. The tr...
Business Operations and Strategy
Kenorland Reports High-Grade Step-Out Drilling at Regnault, Boosting Expansion Potential
Positive
Sep 29, 2026
Kenorland Minerals reported complete assay results from the 2025 fall and 2026 winter drilling campaigns at the Regnault deposit on the Frotet Project in Quebec, covering 20 holes and nearly 15,000 metres of drilling. The programs combined step-ou...
Business Operations and StrategyPrivate Placements and Financing
Kenorland Minerals’ Key Partners Top Up Stakes to Maintain Ownership Levels
Positive
Sep 18, 2026
Kenorland Minerals said Sumitomo Metal Mining Canada and Centerra Gold have both exercised their contractual top-up rights to maintain their equity stakes in the company following recent share issuances. Subject to TSX Venture Exchange approval, K...
Business Operations and Strategy
Kenorland Minerals Confirms Shear-Hosted Gold System at Western Wabigoon
Positive
Sep 3, 2026
Kenorland Minerals has reported assay results from its maiden 4,089‑metre diamond drill program at the Western Wabigoon Project in Ontario, conducted under an option agreement with a subsidiary of Centerra Gold Inc. Gold mineralisation was i...
Business Operations and Strategy
Kenorland and Targa Launch $3.9 Million Phase 2 Drilling at Opinaca Gold Discovery in Quebec
Positive
Aug 27, 2026
Kenorland Minerals and Targa Exploration have launched a $3.9 million Phase 2 diamond drill program at the Opinaca Project in Quebec’s James Bay region, where Kenorland is operator and holds a 3% NSR on the Targa-owned property. The campaign...
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.