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 271st most valuable stock on the JSE with a market capitalization of ZAR 550 million, which is about 0.0029% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 0.13 |
| Day’s High Price | 0.13 |
| Traded Volume | 1.2M |
| Number of Deals | 5 |
| Gross Turnover | 156,584.48 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | -0.0055 |
| Price/Earning Ratio | -23.64 |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 4.23B |
| Market Capitalization | 550M |
KP2 Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -13.3% | -7.14% | -13.3% |
| 6MO | 1YR | YTD |
|---|---|---|
| -18.8% | -13.3% | -18.8% |
The current share price of Kore Potash plc (KP2) is ZAR 0.13. KP2 closed its last trading day (Tuesday, April 16, 2024) at 0.13 ZAR per share on the Johannesburg Stock Exchange (JSE). Kore Potash began the year with a share price of 0.16 ZAR but has since lost 18.8% off that price valuation, ranking it 344th on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that KP2 has lost 7% of the stock’s value from March 14th to date.
Kore Potash is the 109th most traded stock on the Johannesburg Stock Exchange over the past three months (Jan 16 - Apr 16, 2024). KP2 has traded a total volume of 27.6 million shares—in 169 deals—valued at ZAR 3.96 million over the period, with an average of 437,613 traded shares per session. A volume high of 4.04 million was achieved on February 9th 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% |
|---|---|---|---|---|
| 2024-04-16 | 1,204,496 | 0.13 | ||
| 2024-04-15 | 875,000 | 0.13 | -0.01 | -7.14% |
| 2024-04-12 | 333,944 | 0.14 | +0.01 | +7.69% |
| 2024-04-11 | 1,116,398 | 0.13 | -0.02 | -13.33% |
| 2024-04-09 | 424,396 | 0.15 | +0.01 | +7.14% |
| 2024-04-08 | 1,095,060 | 0.14 | -0.01 | -6.67% |
| 2024-04-05 | 60,000 | 0.15 | +0.01 | +7.14% |
| 2024-04-04 | 990,000 | 0.14 | ||
| 2024-04-03 | 1,561,159 | 0.14 | ||
| 2024-04-02 | 100,000 | 0.14 |
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 | 56.6M | 1.00 | +567% |
| EPS | Eastern Platinum Limited | 222M | 1.10 | +83.3% |
| HAR | Harmony GM Co Ltd | 108B | 169.99 | +42.1% |
| PAN | Pan African Resource plc | 12.3B | 5.52 | +35% |
| ANG | Anglogold Ashanti Ltd | 187B | 444.29 | +25.7% |
| GFI | Gold Fields Ltd | 300B | 334.74 | +20.5% |
| ORN | Orion Minerals Limited | 1.11B | 0.19 | +11.8% |
| MRF | Merafe Resources Ltd | 3.47B | 1.39 | +6.92% |
| MCZ | MC Mining Limited | 783M | 1.92 | +6.67% |
| THA | Tharisa plc | 4.83B | 15.95 | +5.56% |