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King River Resources Ltd T.KRR.W


Primary Symbol: KRCLF

Metals & Mining Industrial Metals & Minerals
King River Resources Limited is an Australia-based exploration and mining company. The Company operates through two segments: ARC High Purity Alumina (HPA), and Exploration and Evaluation. ARC HPA Project segment develops the ARC HPA process and precursor compound to produce HPA. Exploration and Evaluation segment is engaged in exploration and evaluation activities of its gold projects in Australia. The Company’s projects include Rover East Project, Tennant Creek East Project, Barkly Project, Mt Remarkable Project and Kurundi Project. The Mt Remarkable Project is located 200km southwest of Kununurra in the East Kimberley, Western Australia and covers over 2,100 square kilometers of adjacent and/or nearby granted exploration licenses. The Tennant Creek Project is located to the East, Southeast and South of the rich historic goldfields of Tennant Creek comprising gold-copper exploration leases and applications measuring some 6,000 square kilometers.


OTCPK:KRCLF - Post by User

King River Resources Ltd
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Post by bukobuckson Jan 19, 2022 9:20am
214 Views
Post# 34332069

PE ratio below 9 - why hasn't this popped???

PE ratio below 9 - why hasn't this popped???This stock is starting to look ridiculously cheap, the PE ratio will likely go lower too once they release full year earnings. Doesn't make alot of sense with the current gold price at $1825 US an ounce and Nickel at $22000+ a ton.

Buko
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