Karora Resources Inc. (T:KRR)
Business Focus: Gold (NEC)
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Insider Filings
Latest 10 SEDI filings for KRR within the last 6 months
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Company News
Apr 07, 2024 20:16 ET
KARORA RESOURCES ANNOUNCES MERGER TRANSACTION WITH WESTGOLD RESOURCES
TORONTO, April 7, 2024 /CNW/ - Karora Resources Inc. (TSX: KRR) (OTCQX: KRRGF) ("Karora") and Westgold Resources Limited (ASX: WGX) (OTCQX: WGXRF) ("Westgold") have agreed to combine in a merger pursuant to which Westgold will acquire 100% of the issued and outstanding common shares of Karora ("Karora Shares") by way of a statutory plan of arrangement under the Canada Business Corporations Act ("CBCA") ("Transaction").
Apr 05, 2024 07:59 ET
Karora Announces First Quarter 2024 Gold Production of 36,147 Ounces, Gold Sales of 40,343 Ounces and Cash Position of $87.3 million
TORONTO, April 5, 2024 /CNW/ - Karora Resources Inc. (TSX: KRR) ("Karora" or the "Corporation") is pleased to announce consolidated gold production of 36,147 ounces and sales of 40,343 ounces for the first quarter of 2024. Production was negatively impacted by wet weather during the quarter and a regional interruption to grid power that impacted the Lakewood mill, affecting gold ounces produced. During the quarter, mobile crushing at Higginsville continued in lieu of primary crushing while the crusher bridge failure was repaired. This repair was completed in late March with full primary crus
Valuation Ratios
Industry
Sector
Beta
2.06
--
--
Price to Sales - TTM
2.31
7.12
4.48
Price to Book - most recent quarter
2.62
1.85
1.97
Price to Cash Flow per share - TTM
12.46
16.17
9.54
Price to Free Cash Flow per share - TTM
32.57
44.54
19.74
Short Report
| Date | Number of Shares Shorted | Net Change |
|---|---|---|
| Mar 31, 2024 | 1,782,024 | -177,409 |
| Mar 15, 2024 | 1,959,433 | -306,918 |
| Feb 29, 2024 | 2,266,351 | 313,298 |
Business Summary
| Sector: Basic Materials | Industry: Gold |
Karora Resources Inc. is a Canada-based multi-asset mineral resource company. The Company's portfolio includes the Beta Hunt Underground Mine, Higginsville Gold Operations and Lakewood Mill. It owns 100% of Beta Hunt, a gold-producing mine located approximately 600 kilometers from Perth in Kambalda, Western Australia. It owns and operates HGO, which is located approximately 75 kilometers south of the Beta Hunt Mine in Higginsville, Western Australia. HGO has a mineral gold resource and reserve and prospective land package totaling approximately 1,900 square kilometers. The operation includes a 1.6 million tons per annum (Mtpa) processing plant, 192 mining tenements, including the Aquarius, Hidden Secret, Mousehollow, Two Boys, Baloo, Pioneer, Fairplay North, Mitchell, Wills, Challenge and Mount Henry deposits. The Lakewood Gold Mill is located just outside Kalgoorlie, Western Australia and approximately 60 kilometers from the Beta Hunt Mine, has a processing capacity of 1.0 Mtpa.
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