Kenorland Minerals (KLD) AI Stock Analysis

• Market Cap: C$130.22M
• Dividend Yield: N/A
• Average Volume (3M): 44.12K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.29
• Revenue Growth: -0.53%
• EPS Growth: -543.75%
• Country: CA
• Employees: N/A
• Sector: Basic Materials
• Sector Strength: 56
• Industry: Industrial Materials
• EPS (TTM): -0.05
• Shares Outstanding: 77,511,030
• 10 Day Avg. Volume: 51,351
• 30 Day Avg. Volume: 44,120
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 30.60
• Price to Cash Flow (P/CF): 12.40
• P/FCF Ratio: 3452.20
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

Kenorland Minerals exhibits strong equity stability and minimal leverage, but faces challenges with operational losses and cash flow issues. While technical analysis indicates positive momentum, the valuation remains unattractive due to a negative P/E ratio. The new drilling initiative presents a positive outlook for future resources, contributing positively to the overall score.

Kenorland Minerals Business Overview & Revenue Model

Company Description

Kenorland Minerals (KLD) is a mineral exploration company focused on the discovery and development of mineral resources. The company operates primarily in North America, exploring for precious and base metals, including gold, silver, and copper. Kenorland Minerals leverages its expertise in geology and exploration to identify and advance high-potential mineral projects, aiming to create value through strategic partnerships and joint ventures with major mining companies.

How the Company Makes Money

Kenorland Minerals generates revenue through a business model centered around mineral exploration and strategic partnerships. The company identifies and acquires prospective mineral properties, conducts exploration activities to enhance their value, and then enters into joint venture agreements or option agreements with larger mining companies. These partners typically invest in the exploration and development of the projects in exchange for an interest in the property, providing Kenorland with funding for further exploration and potential future royalties or equity stakes in the projects. The company's revenue streams are thus primarily derived from these joint ventures, option payments, and any potential royalties from successful project developments.

Kenorland Minerals Financial Statement Overview

Summary

Kenorland Minerals demonstrates strong equity stability with minimal leverage, but persistent operational losses and negative free cash flow present challenges. The company needs to enhance revenue growth and control costs to improve profitability.

Income Statement

The company shows variability in revenue with recent TTM revenue down 9.8% from the previous year. The gross profit margin remains healthy at 97.28% in TTM, but the net profit margin is negative due to continuous losses. EBIT and EBITDA margins are also negative, indicating operational inefficiencies.

Balance Sheet

The company maintains a solid equity base with an equity ratio of 85.32% in TTM, signaling financial stability. The debt-to-equity ratio is low at 0.005, reflecting minimal leverage. However, return on equity is negative, due to sustained net losses.

Cash Flow

While the operating cash flow in TTM is positive, the free cash flow remains negative, reflecting high capital expenditures. The operating cash flow to net income ratio is negative, highlighting cash flow challenges relative to earnings.

Breakdown
TTM	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
3.35M	3.72M	2.47M	2.00M	631.19K	787.74K
	Gross Profit
3.26M	3.67M	2.46M	1.97M	599.19K	774.87K
	EBIT
-2.31M	-2.02M	-1.75M	-1.53M	-1.61M	-31.88K
	EBITDA
-2.28M	-4.13M	19.13M	1.20M	-6.15M	359.59K
	Net Income Common Stockholders
-2.34M	-4.42M	16.24M	1.11M	-6.19M	344.85K
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
25.53M	25.43M	24.13M	9.42M	12.54M	659.47K
	Total Assets
50.60M	50.08M	55.55M	24.48M	17.72M	2.99M
	Total Debt
270.60K	286.96K	0.00	112.47K	120.97K	48.61K
	Net Debt
-25.26M	-25.14M	-24.13M	-9.31M	-12.42M	-610.86K
	Total Liabilities
7.19M	7.64M	10.58M	3.99M	4.35M	876.01K
	Stockholders Equity
43.41M	42.45M	44.97M	20.49M	13.37M	2.12M
Cash Flow		Free Cash Flow
-15.03M	-179.16K	-444.11K	-21.75M	-8.20M	-9.42M
	Operating Cash Flow
1.65M	-137.97K	-431.18K	-3.04M	143.92K	-191.86K
	Investing Cash Flow
-11.06M	1.40M	8.57M	-5.37M	1.04M	11.04K
	Financing Cash Flow
10.59M	34.29K	6.57M	5.29M	10.71M	577.90K

Kenorland Minerals Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.68
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Negative
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:KLD, the sentiment is Positive. The current price of 1.68 is above the 20-day moving average (MA) of 1.37, above the 50-day MA of 1.32, and above the 200-day MA of 1.17, indicating a bullish trend. The MACD of 0.05 indicates Negative momentum. The RSI at 73.12 is Negative, neither overbought nor oversold. The STOCH value of 90.00 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:KLD.

Kenorland Minerals Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AEM	80 Outperform	$85.12B	32.41	9.42%	1.31%	26.99%	-6.63%
ORE	74 Outperform	C$689.71M	7.19	27.12%	―	6.15%	10.69%
KLD	58 Neutral	C$130.22M	―	-7.97%	―	-0.53%	-543.75%
MUX	54 Neutral	$435.79M	3.61	-8.76%	―	4.96%	-182.95%
SKE	52 Neutral	C$1.80B	―	-141.24%	―	―	-19.29%
Sector *	48 Neutral	$1.91B	-1.66	-22.29%	3.86%	0.68%	-27.44%
FURY	38 Underperform	$82.05M	―	-80.27%	―	―	-501.01%

Kenorland Minerals Corporate Events

Kenorland Minerals Initiates Extensive 2025 Drilling at Frotet Project

Kenorland Minerals Ltd. has commenced its 2025 winter drilling program at the Frotet Project in Quebec, aiming to further explore the Regnault gold system. This program includes up to 23,000 meters of diamond drilling, focusing on infill and step-out drilling to enhance the understanding of vein system geometry and grade continuity. The initiative is expected to strengthen Kenorland’s position in gold exploration by increasing confidence in the mineral resources at the site, potentially impacting future operations and stakeholder interests.

Kenorland Minerals Completes Strategic Share Issuance

Kenorland Minerals has completed a transaction allowing Sumitomo and Centerra to maintain their respective stakes in the company through a top-up right, issuing over 63,000 shares at $1.0492 each. This transaction, involving related parties, did not require formal valuation or minority shareholder approval under specific exemptions. Kenorland continues its focus on mineral exploration projects in North America, leveraging partnerships for early-stage discoveries.

Kenorland Minerals Updates on Exploration Progress

Kenorland Minerals updates on its extensive exploration activities across multiple regions and reveals significant drilling results from its projects with partners like Sumitomo and Centerra. The company is advancing underground development studies at the Regnault gold deposit while maintaining a healthy working capital position and planning further drilling programs. Kenorland’s exploration efforts continue to yield high-grade gold discoveries, enhancing its position in the mining sector.

Kenorland Minerals Unveils New Exploration Opportunities

Kenorland Minerals has announced promising exploration results from its projects in Northwestern Ontario, identifying new priority target areas through extensive geochemical surveys. The company’s strategy is yielding potential opportunities for discoveries in underexplored regions, with plans to advance these targets to the drilling stage.

Kenorland Minerals Partners with Auranova for Ontario Project

Kenorland Minerals has entered into an agreement with Auranova Resources, allowing Auranova to acquire up to a 70% interest in the South Uchi Project in Ontario’s Red Lake District. The deal involves significant financial and operational terms, including an initial 51% interest acquisition through drilling commitments and equity issuance. Kenorland will retain a stake in Auranova and manage operations during the initial option period.

Kenorland Minerals Gains Full Control of Chicobi Project

Kenorland Minerals has announced that it will now fully own the Chicobi Project in Quebec after Sumitomo Metal Mining Canada decided to exit their joint venture. This move could enhance Kenorland’s exploration potential in the under-explored Chicobi Deformation Zone, known for its similarities to other major gold-bearing regions.

Kenorland Minerals and Newmont Expand Quebec Drilling

Kenorland Minerals is set to commence a winter 2025 drill program at the Deux Orignaux prospect, with Newmont Corporation advancing to Phase 2 of their earn-in agreement, potentially increasing their stake in the Chebistuan project. This ambitious drilling initiative aims to explore further mineralized zones at the site, highlighting Kenorland’s ongoing commitment to resource exploration in Quebec.