Professional
Added to YB: 2026-04-16
Pitch date: 2026-04-14
KLD.V [bullish]
Kenorland Minerals Ltd.
-4.83%
current return
Author Info
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Company Info
Kenorland Minerals Ltd. engages in the acquisition and exploration of mineral properties in North America.
Market Cap
CAD 206.0M
Pitch Price
CAD 2.69
Price Target
4.00
Dividend
N/A
EV/EBITDA
-44.77
P/E
-24.05
EV/Sales
52.32
Sector
Metals and Mining
Category
value
Kenorland Minerals – Project Generator Holding a Key NSR on Major Project
KLD.V: Project generator w/ 4% NSR (buydown to 3.25% for $13M) on Frotet's 2.55Moz @ 5.47 g/t Au resource in Quebec. Sumitomo operator expanding high-grade system w/ strong discovery potential. 49% in South Uchi (Red Lake): Phase 3 drilling targeting 8km gold corridor, 5.42 g/t over 1.8m incl 12.70 g/t. New Opinaca discovery: 13.88 g/t over 3.65m. Partners spent $35.8M exploration 2025 vs $11.4M sole-funded. Strong balance sheet: ~$15M cash, $18.3M investments, zero debt. Mgmt fees cover G&A. $4.00 PT (55% upside) on 1.0x NAV vs royalty peers @ 1.1x
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