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Kingsview Minerals Ltd. (TSE:KVM)
:KVM

Kingsview Minerals Ltd. (KVM) AI Stock Analysis

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Kingsview Minerals Ltd.

(KVM)

Rating:26Underperform
Price Target:
Kingsview Minerals Ltd. is facing critical financial challenges, with no operational income, persistent losses, and negative equity. The technical indicators suggest potential short-term technical rebounds, but the overall momentum is weak. The valuation highlights the company's unprofitability, making it less attractive to investors. Immediate actions are required to stabilize and improve the financial standing.

Kingsview Minerals Ltd. (KVM) vs. iShares MSCI Canada ETF (EWC)

Kingsview Minerals Ltd. Business Overview & Revenue Model

Company DescriptionKingsview Minerals Ltd., a mineral exploration company, engages in the acquisition and exploration of resource properties in Canada. The company explores for gold deposits. Its flagship property is the Echum property that covers an area of approximately 7,691 hectares located in the Wawa Gold Corridor in Ontario. The company was formerly known as 1181630 B.C. and changed its name to Kingsview Minerals Ltd. in August 2020. Kingsview Minerals Ltd. was incorporated in 2018 and is based in Vancouver, Canada.
How the Company Makes MoneyKingsview Minerals Ltd. generates revenue through the exploration and eventual development of mineral resources, primarily targeting precious and base metals. The company's revenue model involves acquiring promising mineral properties, conducting detailed geological surveys, and drilling programs to assess the mineral potential of these properties. Once significant mineral deposits are identified, Kingsview either develops these properties into operational mines or sells the rights to larger mining companies. Revenue streams include the sale of mined resources, joint venture agreements, and royalties from developed properties. Strategic partnerships with larger mining companies or investors can also provide additional funding and financial backing, contributing to the company's earnings.

Kingsview Minerals Ltd. Financial Statement Overview

Summary
Kingsview Minerals Ltd. exhibits severe financial vulnerabilities, with no revenue, ongoing operational losses, negative equity, and cash flow challenges. Reliance on external financing adds to the financial instability, necessitating urgent management interventions.
Income Statement
10
Very Negative
Kingsview Minerals Ltd. has consistently reported zero revenue, indicating no operational income. The company has incurred negative EBIT and net income, highlighting ongoing operational losses with no gross profit margins or revenue growth. This suggests significant financial challenges in generating income.
Balance Sheet
20
Very Negative
The balance sheet reflects negative stockholders' equity, indicative of financial distress and insolvency risk. The debt-to-equity ratio cannot be calculated due to negative equity, while a negative equity ratio signals a weak balance sheet. This poses substantial financial instability concerns.
Cash Flow
15
Very Negative
Kingsview Minerals Ltd. reports negative operating and free cash flows, indicating cash outflows from core operations. The inability to generate positive free cash flow further underscores liquidity challenges, though there is consistent financing cash inflow, likely to support operations.
Breakdown
TTMDec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
0.000.000.000.000.000.00
Gross Profit
0.000.000.000.000.000.00
EBIT
-296.22K-646.19K1.07M-902.82K-117.03K-78.92K
EBITDA
-255.74K-550.88K-1.79M-902.82K-117.03K-78.92K
Net Income Common Stockholders
-105.74K-550.88K-4.65M-902.82K-117.03K-78.92K
Balance SheetCash, Cash Equivalents and Short-Term Investments
554.35K212.13K554.35K442.04K138.49K34.00
Total Assets
554.86K235.37K554.86K513.37K289.97K65.85K
Total Debt
0.00120.00K0.000.000.000.00
Net Debt
-554.35K-92.13K-554.35K-442.04K-138.49K-34.00
Total Liabilities
192.12K377.32K192.12K90.17K53.95K68.55K
Stockholders Equity
362.74K-141.96K362.74K423.20K236.02K-2.70K
Cash FlowFree Cash Flow
-226.43K-462.21K-201.69K-433.37K-177.80K-64.80K
Operating Cash Flow
-226.43K-462.21K-201.69K-433.37K-177.80K-64.80K
Investing Cash Flow
0.000.000.0020.42K19.81K-20.20K
Financing Cash Flow
120.00K120.00K313.99K716.50K296.45K82.59K

Kingsview Minerals Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
51
Neutral
$2.01B-1.11-21.16%3.67%2.69%-30.65%
TSNXS
39
Underperform
C$1.00M55.15%85.28%
36
Underperform
C$466.13K-205.13%-219.47%
TSKVM
26
Underperform
48.37%87.32%
$184.50K
$386.22K
TSACM
C$590.43K
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:KVM
Kingsview Minerals Ltd.
0.13
0.03
30.00%
TSE:NEWD
Newfoundland Discovery Corp
0.05
-0.10
-66.67%
TSE:NXS
Nexus Gold
0.01
-0.01
-50.00%
JNCCF
Metalite Resources
0.01
-0.01
-50.00%
GRYCF
Graycliff Exploration
0.02
0.00
0.00%
TSE:ACM
DeepRock Minerals
0.23
-0.37
-61.67%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

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.