Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Kingman Minerals Ltd. operates as an exploration firm dedicated to identifying, acquiring, and advancing mineral sites. Its primary focus lies in discovering gold and silver deposits. The company holds an option to secure full ownership of the Mohave project, an endeavor encompassing 72 lode claims situated in Arizona's Mohave County, USA. Prior to April 2020, the entity operated under the name Astorius Resources Ltd., before rebranding as Kingman Minerals Ltd. Established in 2007, Kingman Minerals Ltd. maintains its headquarters in Vancouver, Canada.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is undervalued on EV/EBITDA.