Smart Stock Trading

Key to Making Informed Investment and Trading Decisions

Don't Miss Our Latest Stock Picks!

* This field is required

Komet Resources Inc (CVE:KMT)

Komet Resources Inc (CVE:KMT) Company Profile

Symbol(s): CVE:KMT
Industry: Gold Mining
Website: kometgold.com/en
eMail: a.gagne@kometgold.com

Komet Resources Inc (CVE:KMT) is a Canadian Gold mining company. It’s a junior small producer mainly focused on exploration and development of mineral properties in Burkina Faso and Mali. The company has multiple properties including Guiro (West Africa, Burkina Faso) and Dabia South (West Africa, Mali).

Komet Resources Inc (CVE:KMT) has about 0.3 million ounces of gold reserves & resources. The company’s resources are currently being valued at US$37.459 per gold equivalent ounce. The company currently produces 5000 ounces of gold per year with the all-in sustaining costs of US$900 per ounce.

Komet Resources Inc has US$0.75 million cash and US$2.94 million debt. The company has 91.58 million shares outstanding and as of September 01, 2020, had a market capitalization of US$9.05 million. The stocks of Komet Resources Inc trade on the Toronto TSX Ventures Stock Exchange.

Komet Resources Inc (CVE:KMT) Share Price Chart

Komet Resources Inc (CVE:KMT) Technical Data
Last Updated: September 2, 2020

Share Price:
CA$0.13 (9/1/2020 16:00:00)
Volume:
772000 (9/1/2020 16:00:00)
52 Week High:
CA$0.17
52 Week Low:
CA$0.05
Change from 52 Week Low:
159.968%
Change from 52 Week High:
-23.529%
Beta
0.09
Average Volume:
#N/A

Komet Resources Inc (CVE:KMT) Financial Data

Share Price:
CA$0.13 (9/1/2020 16:00:00)
Shares Outstanding:
91.58 million
Market Capitalization:
US$9.05 million *
Cash:
US$0.75 million
Total Debt:
US$2.94 million
Enterprise Value:
US$11.238 million
Earnings Per Share:
-0.05
Price to Earning (P/E) Ratio:
#N/A

Komet Resources Inc (CVE:KMT) Gold Resources

Total Reserves & Resources:
0.3 million ounce
Plausible Reserves & Resources:
0.16 million ounce
Current Cash Cost Per Ounce:
US$400
Future Cash Cost Per Ounce:
US$500
Current All-in Sustaining Cost Per Ounce:
US$900
Future All-in Sustaining Cost Per Ounce:
US$900
Current Annual Production:
5000 ounce
Future Annual Production:
20000 ounce

Komet Resources Inc (CVE:KMT) Valuation by Resources

Gold Equivalent Resources:
0.3 million ounce
Silver Equivalent Resources:
20.7 million ounce ***
Enterprise Value Per Gold Ounce:
US$37.459
Enterprise Value Per Silver Ounce:
US$0.543
Gold Equivalent Resources per FD share:
0.003 ounce
Silver Equivalent Resources per FD share:
0.226 ounce

* CAD to USD exchange rate of 0.76 was used in calculations
*** Gold to silver ratio of 69.03 was used in the calculation of silver equivalent resources

Copyright © 2016-2024 · SmartStockTradingStrategies.com