How to buy Kingsrose Mining shares | A$0.034

Kingsrose Mining Limited is a gold business based in Australia. Kingsrose Mining shares (KRM) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.034 – a decrease of 2.86% over the previous week. Kingsrose Mining has a trailing 12-month revenue of around $70.7 million.

How to buy shares in Kingsrose Mining

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Kingsrose Mining . Find the share by name or ticker symbol: KRM. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Kingsrose Mining reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.034, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Kingsrose Mining . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Kingsrose Mining 's share price?

Since the stock market crash in March caused by coronavirus, Kingsrose Mining 's share price has had significant positive movement.

Its last market close was $0.034, which is 2.94% up on its pre-crash value of $0.033 and 47.83% up on the lowest point reached during the March crash when the shares fell as low as $0.023.

If you had bought $1,000 worth of Kingsrose Mining shares at the start of February 2020, those shares would have been worth $833.33 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,133.33.

Kingsrose Mining share price

Use our graph to track the performance of KRM stocks over time.

Kingsrose Mining shares at a glance

• Key figures

Information last updated 2020-10-20.

Latest market close	AUDA$0.034
52-week range	AUDA$0.023 - AUDA$0.05
50-day moving average	AUDA$0.0369
200-day moving average	AUDA$0.037
Target price	AUDA$0.44
PE ratio	1.2963
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$0.027

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Kingsrose Mining stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Kingsrose Mining Limited by TradingView

Kingsrose Mining price performance over time

Historical closes compared with the close of A$0.034 on 2020-10-22

1 week (2020-10-14)	-5.56%
1 month (2020-09-22)	-8.11%
3 months (2020-07-21)	-5.56%
6 months (2020-04-21)	17.24%

1 year (2019-10-21)	21.43%
2 years (2018-10-19)	-38.18%
3 years (2017-10-20)	-66.00%
5 years (2015-10-21)	-85.22%

Is Kingsrose Mining under- or over-valued?

Valuing Kingsrose Mining stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Kingsrose Mining 's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Kingsrose Mining 's P/E ratio

Kingsrose Mining 's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 1x. In other words, Kingsrose Mining shares trade at around 1x recent earnings.

That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Kingsrose Mining 's EBITDA

Kingsrose Mining 's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $34.2 million.

The EBITDA is a measure of a Kingsrose Mining 's overall financial performance and is widely used to measure a its profitability.

Kingsrose Mining financials

Revenue TTM	$70.7 million
Operating margin TTM	30.85%
Gross profit TTM	$36.5 million
Return on assets TTM	24.92%
Return on equity TTM	42.27%
Profit margin	27.35%
Book value	0.073
Market capitalisation	$25.6 million

TTM: trailing 12 months

Kingsrose Mining share dividends

We're not expecting Kingsrose Mining to pay a dividend over the next 12 months.

Kingsrose Mining share price volatility

Over the last 12 months, Kingsrose Mining 's shares have ranged in value from as little as $0.023 up to $0.05. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Kingsrose Mining 's is 0.399. This would suggest that Kingsrose Mining 's shares are less volatile than average (for this exchange).

Kingsrose Mining overview

Kingsrose Mining Limited engages in the production, exploration, and development of gold and silver properties. It holds an 85% interest in the Way Linggo gold and silver project located in South Sumatra, Indonesia. Kingsrose Mining Limited was incorporated in 2005 and is based in Subiaco, Australia.

Frequently asked questions

• What percentage of Kingsrose Mining is owned by insiders?

  Currently 32.677% of Kingsrose Mining shares are held by insiders.

• When does the fiscal year end for Kingsrose Mining ?

  Kingsrose Mining 's fiscal year ends in June.

• Where is Kingsrose Mining based?

  Kingsrose Mining 's address is: 8/150 Hay Street, Subiaco, WA, Australia, 6008

• What is Kingsrose Mining 's ISIN number?

  Kingsrose Mining 's international securities identification number is: AU000000KRM1