King River Resources Ltd T.KRR.W

Primary Symbol: KRCLF

Metals & Mining Gold

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. - Karora Consensus forecasts updated

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Post by daw2on Mar 08, 2023 6:19am

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Post# 35325177

Simply Wall St. - Karora Consensus forecasts updated

Consensus EPS estimates increase by 131%

The consensus outlook for fiscal year 2022 has been updated.

2022 EPS estimate increased from CA$0.08 to CA$0.185.
Revenue forecast steady at CA$312.3m.
Net income forecast to grow 977% next year vs 3.2% growth forecast for Metals and Mining industry in Canada.
Consensus price target of CA$6.76 unchanged from last update.
Share price fell 7.1% to CA$4.17 over the past week.