KP2 - Kore Potash plc
Kore Potash plc (ASX:KP2) is an advanced stage mineral exploration and development company that is incorporated in the United Kingdom and is in the process of an AIM listing. The primary asset of KP2 is the 97%-owned Sintoukola Potash SA (SPSA) in the Republic of Congo. SPSA has 100% ownership of the Kola Mining Lease within which the Companyâs lead project, the Kola Sylvinite Deposit (Measured and Indicated Potash Mineral Resource of 508 million tonnes grading 35.4% KCl) is located. SPSA also has 100% ownership of the Dougou Mining Lease within which the Dougou Carnallitite Deposit (Measured and Indicated Potash Mineral Resource of 1.1 billion tonnes grading 20.6% KCl) and the Dougou Extension Sylvinite Prospect are situated.
Kore Potash PLC is a mineral exploration company. The primary asset of the company is Sintoukola Potash SA (SPSA) project in the Republic of Congo. This project comprises the Kola sylvinite and carnallite deposits, the...
Kore Potash plc is listed on the Johannesburg Stock Exchange (JSE). Kore Potash is traded on the JSE under the ticker symbol “KP2”. The International Securities Identification Number (ISIN) of JSE:KP2 is GB00BYP2QJ94. Kore Potash plc is currently the 276th most valuable stock on the JSE with a market capitalization of ZAR 844 million, which is about 0.0042% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 0.25 |
| Day’s High Price | 0.30 |
| Traded Volume | 85,357 |
| Number of Deals | 6 |
| Gross Turnover | 24,041.25 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | -0.0088 |
| Price/Earning Ratio | -28.41 |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 3.38B |
| Market Capitalization | 844M |
KP2 Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -3.85% | -10.7% | +31.6% |
| 6MO | 1YR | YTD |
|---|---|---|
| +13.6% | +8.7% | +13.6% |
The current share price of Kore Potash plc (KP2) is ZAR 0.25. KP2 closed its last trading day (Friday, May 27, 2022) at 0.25 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 13.8% drop from its previous closing price of 0.29 ZAR. Kore Potash began the year with a share price of 0.22 ZAR and has since gained 13.6% on that price valuation, ranking it 52nd on the JSE in terms of year-to-date performance. Investors should, however, take caution of KP2’s recent poor performance, having lost 11% of its value in the past four weeks.
Kore Potash is the 99th most traded stock on the Johannesburg Stock Exchange over the past three months (Feb 23 - May 27, 2022). KP2 has traded a total volume of 50.7 million shares—in 833 deals—valued at ZAR 13.9 million over the period, with an average of 804,052 traded shares per session. A volume high of 3.87 million was achieved on May 25th, and a low of 8,000 on May 18th, for the same period. The table below details the last 10 trading days of activity of Kore Potash on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2022-05-27 | 85,357 | 0.25 | -0.04 | -13.79% |
| 2022-05-26 | 210,715 | 0.29 | ||
| 2022-05-25 | 3,865,258 | 0.29 | +0.02 | +7.41% |
| 2022-05-24 | 83,439 | 0.27 | ||
| 2022-05-23 | 235,355 | 0.27 | +0.01 | +3.85% |
| 2022-05-20 | 1,059,220 | 0.26 | -0.01 | -3.70% |
| 2022-05-19 | 59,100 | 0.27 | ||
| 2022-05-18 | 8,000 | 0.27 | ||
| 2022-05-17 | 34,827 | 0.27 | +0.02 | +8.00% |
| 2022-05-16 | 574,418 | 0.25 |
Profile of Kore Potash plc
Kore Potash plc operates in the Basic Materials sector, specifically, the Mining industry.
Factsheet of Kore Potash plc
- Sector
- Basic Materials
- Industry
- Mining
- Address
- 25 Moorgate, London, United Kingdom, EC2R 6AY
- Telephone
- 011 469-9140
- —
- Website
- www.korepotash.com
KP2 Industrial Market Competitors
Kore Potash plc, issuers of the KP2 stock on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Basic Materials sector and/or Mining industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| SXM | Sable Exploration & Mining Ltd | 11.5M | 2.65 | +2,309% |
| MCZ | MC Mining Limited | 322M | 1.63 | +53.8% |
| EXX | Exxaro Resources Ltd | 72.1B | 206.31 | +35% |
| MRF | Merafe Resources Ltd | 4B | 1.60 | +33.3% |
| RNG | Randgold & Expl Co Ltd | 95.5M | 1.28 | +28% |
| GLN | Glencore plc | 1.36T | 103.46 | +27.5% |
| MDI | Master Drilling Grp Ltd | 2.12B | 14.00 | +22% |
| BAU | Bauba Resources Limited | 292M | 0.39 | +21.9% |
| CMO | Chrometco Ltd | 178M | 0.07 | +16.7% |
| WEZ | Wesizwe Platinum Ltd | 2.12B | 1.30 | +16.1% |