Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
King River Resources Limited, together with its subsidiaries, engages in the exploration and development of mineral resources in Australia. The company primarily explores for gold, copper, alumina, vanadium, titanium, and iron deposits. It owns 100% interest in tenements covering approximately 2,473 square kilometers in the East Kimberley region in Western Australia; and 100% interest in tenements covering approximately 7,421 square kilometers in the Tennant Creek region of the Northern Territory. The company was formerly known as King River Copper Limited. King River Resources Limited was incorporated in 2002 and is based in Perth, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is underpriced compared to similar stocks. Specifically, the stock is 'cheap' on P/E.
