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.

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King River Resources Ltd > Simply Wall St - Price target decreased

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Comment by Beabaggageon Jul 15, 2022 2:08pm

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Post# 34827585

RE:Simply Wall St - Price target decreased

Stifel has reiterated a buy w a $CA6.60 target, which is about US$5 at current exch rates.. I have been adding under $2US. Of course it all depends on the price of gold but they are positioned to weather the storm in lower price and higher costs now..whether or not they can remain independent given the share price decline as an attractive add to a midtier miner in AUS or one looking to add to safe country assets remains to be seen.. who knows. A core holding for me along w Lundin Gold, AEM and Newcrst. All lower cost miners w strong outlooks. Tough times, hang in there. Bea

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