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 185th most valuable stock on the JSE with a market capitalization of ZAR 2.39 billion, which is about 0.012% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | 0.55 |
| Day’s High Price | 0.75 |
| Traded Volume | 3M |
| Number of Deals | 65 |
| Gross Turnover | 1.92M |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | -0.0056 |
| Price/Earning Ratio | -98.21 |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 4.35B |
| Market Capitalization | 2.39B |
KP2 Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -28.6% | -17.9% | +10% |
| 6MO | 1YR | YTD |
|---|---|---|
| +57.1% | +358% | +244% |
The current share price of Kore Potash plc (KP2) is ZAR 0.55. KP2 closed its last trading day (Thursday, November 21, 2024) at 0.55 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 17.9% drop from its previous closing price of 0.67 ZAR. Kore Potash began the year with a share price of 0.16 ZAR and has since gained 244% on that price valuation, ranking it fourth on the JSE in terms of year-to-date performance. Investors should, however, take caution of KP2’s recent poor performance, having lost 18% of its value in the past four weeks.
Kore Potash is the 46th most traded stock on the Johannesburg Stock Exchange over the past three months (Aug 26 - Nov 21, 2024). KP2 has traded a total volume of 108 million shares—in 2,169 deals—valued at ZAR 73.7 million over the period, with an average of 1.71 million traded shares per session. A volume high of 7.9 million was achieved on November 20th 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% |
|---|---|---|---|---|
| 2024-11-21 | 3,000,049 | 0.55 | -0.12 | -17.91% |
| 2024-11-20 | 7,901,089 | 0.67 | -0.10 | -12.99% |
| 2024-11-06 | 1,822,354 | 0.77 | +0.09 | +13.24% |
| 2024-11-05 | 2,360,117 | 0.68 | -0.06 | -8.11% |
| 2024-11-04 | 268,686 | 0.74 | -0.01 | -1.33% |
| 2024-11-01 | 2,622,812 | 0.75 | +0.02 | +2.74% |
| 2024-10-31 | 4,541,645 | 0.73 | -0.01 | -1.35% |
| 2024-10-30 | 2,623,612 | 0.74 | +0.02 | +2.78% |
| 2024-10-29 | 3,909,089 | 0.72 | +0.04 | +5.88% |
| 2024-10-28 | 2,112,380 | 0.68 |
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 | 107M | 1.89 | +1,160% |
| EPS | Eastern Platinum Limited | 324M | 1.60 | +167% |
| PAN | Pan African Resource plc | 18.5B | 8.32 | +103% |
| HAR | Harmony GM Co Ltd | 110B | 173.00 | +44.7% |
| RNG | Randgold & Exploration Co Ltd | 55.9M | 0.75 | +41.5% |
| ANG | Anglogold Ashanti Ltd | 187B | 445.40 | +26% |
| MRF | Merafe Resources Ltd | 3.72B | 1.49 | +14.6% |
| AGL | Anglo American plc | 711B | 531.30 | +12.2% |
| ORN | Orion Minerals Limited | 1.3B | 0.19 | +11.8% |
| DRD | DRD Gold Ltd | 15B | 17.32 | +9.83% |