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Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 7/10

vs
industry
vs
history
Cash-to-Debt 0.15
KMT's Cash-to-Debt is ranked lower than
87% of the 1808 Companies
in the Global Tools & Accessories industry.

( Industry Median: 1.08 vs. KMT: 0.15 )
Ranked among companies with meaningful Cash-to-Debt only.
KMT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02  Med: 0.12 Max: N/A
Current: 0.15
Equity-to-Asset 0.41
KMT's Equity-to-Asset is ranked lower than
72% of the 1776 Companies
in the Global Tools & Accessories industry.

( Industry Median: 0.54 vs. KMT: 0.41 )
Ranked among companies with meaningful Equity-to-Asset only.
KMT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.26  Med: 0.51 Max: 0.61
Current: 0.41
0.26
0.61
Interest Coverage 3.45
KMT's Interest Coverage is ranked lower than
89% of the 1538 Companies
in the Global Tools & Accessories industry.

( Industry Median: 38.04 vs. KMT: 3.45 )
Ranked among companies with meaningful Interest Coverage only.
KMT' s Interest Coverage Range Over the Past 10 Years
Min: 3.45  Med: 9.25 Max: 15.3
Current: 3.45
3.45
15.3
Piotroski F-Score: 5
Altman Z-Score: 3.11
Beneish M-Score: -2.94
WACC vs ROIC
12.42%
-2.09%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating Margin % 4.85
KMT's Operating Margin % is ranked lower than
65% of the 1792 Companies
in the Global Tools & Accessories industry.

( Industry Median: 5.94 vs. KMT: 4.85 )
Ranked among companies with meaningful Operating Margin % only.
KMT' s Operating Margin % Range Over the Past 10 Years
Min: -13.52  Med: 9.52 Max: 15.22
Current: 4.85
-13.52
15.22
Net Margin % -2.09
KMT's Net Margin % is ranked lower than
83% of the 1794 Companies
in the Global Tools & Accessories industry.

( Industry Median: 4.31 vs. KMT: -2.09 )
Ranked among companies with meaningful Net Margin % only.
KMT' s Net Margin % Range Over the Past 10 Years
Min: -14.12  Med: 5.89 Max: 11.23
Current: -2.09
-14.12
11.23
ROE % -4.29
KMT's ROE % is ranked lower than
86% of the 1757 Companies
in the Global Tools & Accessories industry.

( Industry Median: 6.66 vs. KMT: -4.29 )
Ranked among companies with meaningful ROE % only.
KMT' s ROE % Range Over the Past 10 Years
Min: -22.83  Med: 9.62 Max: 18.72
Current: -4.29
-22.83
18.72
ROA % -1.79
KMT's ROA % is ranked lower than
84% of the 1813 Companies
in the Global Tools & Accessories industry.

( Industry Median: 3.34 vs. KMT: -1.79 )
Ranked among companies with meaningful ROA % only.
KMT' s ROA % Range Over the Past 10 Years
Min: -11.13  Med: 5.32 Max: 10.61
Current: -1.79
-11.13
10.61
ROC (Joel Greenblatt) % 7.96
KMT's ROC (Joel Greenblatt) % is ranked lower than
68% of the 1801 Companies
in the Global Tools & Accessories industry.

( Industry Median: 11.89 vs. KMT: 7.96 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
KMT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -21.91  Med: 18.53 Max: 31.43
Current: 7.96
-21.91
31.43
3-Year Revenue Growth Rate -6.50
KMT's 3-Year Revenue Growth Rate is ranked lower than
77% of the 1568 Companies
in the Global Tools & Accessories industry.

( Industry Median: 2.20 vs. KMT: -6.50 )
Ranked among companies with meaningful 3-Year Revenue Growth Rate only.
KMT' s 3-Year Revenue Growth Rate Range Over the Past 10 Years
Min: -8.8  Med: 5.9 Max: 17.9
Current: -6.5
-8.8
17.9
GuruFocus has detected 6 Warning Signs with Kennametal Inc $KMT.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» KMT's 30-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q2 2016

KMT Guru Trades in Q2 2016

Jim Simons 420,500 sh (+1511.11%)
Richard Snow 290,226 sh (+263.22%)
Joel Greenblatt 1,045,077 sh (-1.74%)
Mario Gabelli 573,200 sh (-3.38%)
John Rogers 10,390,755 sh (-4.59%)
Chuck Royce 160,100 sh (-9.65%)
Diamond Hill Capital 147,551 sh (-53.45%)
Robert Olstein 152,508 sh (-58.58%)
» More
Q3 2016

KMT Guru Trades in Q3 2016

Steven Cohen 940,100 sh (New)
Barrow, Hanley, Mewhinney & Strauss 140,670 sh (New)
Jim Simons 914,400 sh (+117.46%)
Chuck Royce 160,100 sh (unchged)
Diamond Hill Capital Sold Out
Robert Olstein Sold Out
Richard Snow 288,106 sh (-0.73%)
Mario Gabelli 558,200 sh (-2.62%)
John Rogers 9,339,969 sh (-10.11%)
Joel Greenblatt 92,878 sh (-91.11%)
» More
Q4 2016

KMT Guru Trades in Q4 2016

David Tepper 1,009,638 sh (New)
Chuck Royce 160,100 sh (unchged)
Joel Greenblatt Sold Out
Barrow, Hanley, Mewhinney & Strauss 140,143 sh (-0.37%)
Jim Simons 868,000 sh (-5.07%)
Mario Gabelli 503,728 sh (-9.76%)
John Rogers 7,283,818 sh (-22.01%)
Richard Snow 185,355 sh (-35.66%)
Steven Cohen 259,200 sh (-72.43%)
» More
Q1 2017

KMT Guru Trades in Q1 2017

Pioneer Investments 182,455 sh (New)
Barrow, Hanley, Mewhinney & Strauss 144,913 sh (+3.40%)
Chuck Royce 160,100 sh (unchged)
Jim Simons Sold Out
David Tepper 1,005,758 sh (-0.38%)
Mario Gabelli 484,860 sh (-3.75%)
John Rogers 5,778,984 sh (-20.66%)
Richard Snow 115,400 sh (-37.74%)
Steven Cohen 28,600 sh (-88.97%)
» More
» Details

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Business Description

Industry: Industrial Products » Tools & Accessories    NAICS: 333517    SIC: 3541
Compare:NYSE:TKR, NAS:ROLL, OTCPK:MONOY, NYSE:SSD, OTCPK:MRSKY, NYSE:PRLB, NAS:NNBR, OTCPK:RYBIF, OTCPK:HSQVY, NAS:LECO, NAS:EML, NAS:HDNG, NYSE:SCX, AMEX:CVR, NAS:PFIN, OTCPK:BRKK, NYSE:TTC, OTCPK:TTNDY, OTCPK:SKFRY, NYSE:SNA » details
Traded in other countries:KM3.Germany,
Headquarter Location:USA
Kennametal Inc is engaged in developing and manufacturing metalworking tools and wear-resistant engineered components and coatings. The Company's operating segments include Industrial and Infrastructure.

Kennametal is a manufacturer of metalworking tools and wear-resistant engineered components and coatings. The company operates two business segments: industrial and infrastructure. The industrial segment offers technology and customised solutions used in the manufacture of engines, airframes, automobiles, trucks, ships and other types of industrial equipment. In the infrastructure segment, Kennametal offers products and solutions such as road milling, trenching, surface mining, and underground mining safety used in the oil and gas, power generation and chemicals, underground and surface mining, and highway construction and road maintenance industries. The largest end market for Kennemetal is the United States of America.

Guru Investment Theses on Kennametal Inc

John Rogers Comments on Kennametal - Apr 24, 2017

In addition, cutting tools maker Kennametal Inc. (NYSE:KMT) surged +26.15% on solid guidance and the assumption it could benefit from a new U.S. trade policy. During the quarter, the company announced revenues would improve this year, allowing it to pare back cost-cutting. Meanwhile, Wall Street and some prominent hedge funds became more bullish on Kennametal because its overseas competitors, Iscar and Sandvik, would be hurt if U.S. trade policy became more protectionist. We admire the firm not for short- term tailwinds but for its strong positioning in a small but crucial niche business.



From John Rogers (Trades, Portfolio)' first quarter 2017 Ariel Fund shareholder letter.

Check out John Rogers latest stock trades

John Rogers Comments on Kennametal Inc. - Oct 21, 2016

Some of our holdings rose nicely during the quarter. Cutting tools maker Kennametal Inc. (NYSE:KMT) jumped +32.19% as its modernization efforts started to gain traction. To a large extent this means more automation, which increases efficiency and slashes costs. The company is also focusing on its more profitable, large customers and shedding smaller ones. We see these moves as an essential part of making its moat wider and better; we think the financial benefits will be significant and long lasting.



From John Rogers (Trades, Portfolio)' Ariel Fund third-quarter 2016 commentary.

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Royce Funds Comments on Kennametal - Mar 15, 2016

Kennametal (NYSE:KMT), from the machinery group, makes tools and tooling systems, focusing on the metalworking, mining, oil, and energy industries, all of which faced inhospitable industry conditions in 2015. Seeing the potential for steadier long-term growth elsewhere, we sold our shares.





From the Royce Premier Fund fourth quarter 2015 commentary.



Check out Chuck Royce latest stock trades

John Rogers Comments on Kennametal Inc. - Jan 22, 2016

Other holdings fell amidst the volatility the past three months. Cutting tool and tooling systems maker Kennametal Inc. (NYSE:KMT) returned -22.33% as end demand has been weaker than previously expected. That cyclical issue has crimped cash flows, making it rather challenging for new CEO Don Nolan to fully execute his plan to improve efficiency via modernization.

From John Rogers (Trades, Portfolio)' fourth quarter 2015 Ariel Fund Commentary.

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John Rogers Comments on Kennametal Inc. - Oct 20, 2015

Specialty cutting tool maker Kennametal Inc. (NYSE:KMT) returned -26.58% despite a reasonable earnings report. The company’s adjusted earnings were $ 0.46 per share, and unadjusted earnings were $0.26 per share; the expectation had been $0.24. The market focused on the bottom line, which was down nearly -42% from the year before. End-market demand is temporarily weak, and energy-related customers—which are a small part of the overall base—have shown especially low demand. Short-term we think the company will work its way through the challenges, and long-term we think the market is overlooking the company’s strong positioning in an important niche.

From John Rogers (Trades, Portfolio)' Ariel Appreciation Fund Third Quarter 2015 shareholder letter.

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Top Ranked Articles about Kennametal Inc

John Rogers Comments on Kennametal Guru stock highlight
In addition, cutting tools maker Kennametal Inc. (NYSE:KMT) surged +26.15% on solid guidance and the assumption it could benefit from a new U.S. trade policy. During the quarter, the company announced revenues would improve this year, allowing it to pare back cost-cutting. Meanwhile, Wall Street and some prominent hedge funds became more bullish on Kennametal because its overseas competitors, Iscar and Sandvik, would be hurt if U.S. trade policy became more protectionist. We admire the firm not for short- term tailwinds but for its strong positioning in a small but crucial niche business. Read more...
John Rogers Comments on Kennametal Inc. Guru stock highlight
Some of our holdings rose nicely during the quarter. Cutting tools maker Kennametal Inc. (NYSE:KMT) jumped +32.19% as its modernization efforts started to gain traction. To a large extent this means more automation, which increases efficiency and slashes costs. The company is also focusing on its more profitable, large customers and shedding smaller ones. We see these moves as an essential part of making its moat wider and better; we think the financial benefits will be significant and long lasting. Read more...
Komet Acquires the Moussala Gold Permit Located in Mali

QUEBEC CITY, QUEBEC--(Marketwired - Jun 21, 2016) - Komet Resources Inc. ("Komet" or the "Company") (TSX VENTURE:KMT) is pleased to announce the acquisition of the Moussala exploration permit located in the Kenieba gold mining camp in the Republic of Mali, West Africa. The permit title covering 67 km2 issued by the Ministry of Mines, is valid for a period of 7 years and is entirely held (100%) by Komet Mali Sarl, a subsidiary fully owned by Komet Resources Inc. All eventual commercial gold production from the permit will be subjected to a 2% net smelter royalty (NSR) payable to the previous owner. Located about 300 km to the west of Bamako, the country's capital, the permit is easily accessible via the recently rebuilt international highway that links Bamako to Dakar on the Atlantic coast in Senegal and passes through the Village of Dabia, a few kilometres to the northeast of the permit (see link for location map). Keniaba, the prefectural city is 25 km to the north of Dabia along the same road. The Moussala permit covers meta-sedimentary and meta-volcanic rocks part of the Birimian Kenieba greenstone belt of Lower Proterozoic age of West Africa well known for its large historical and recent gold production. In the past, the permit area has been prospected by other mining exploration companies that have outlined significant geochemical, geological and structural settings which could lead to the discovery of significant gold rich orebodies. In the northern part of the permit the Walia (or M1) anomaly has been outlined by a geochemical soil sampling survey completed by Ashanti Mali SA in 1997 and is the locus of a major artisanal mining site. The anomalous area covers an area of 1,600 m by 1,000 m, with gold values as high as 4,919 ppb. Because of their relative proximity the M3, M5 and M7 anomalies have been regrouped under the Kabaya zone. These targets located in the south-east portion of the permit have been uncovered during the same soil survey program by Ashanti Mali SA, in 1997. They have been prospected in some details along the southern boundary of the permit. The geology of this geochemical target consists of strongly altered metasedimentary units cut by quartz stockworks and veins structurally related to a north-east to north-north-east trending shear zone. The eastern part of the zone has been prospected with trenches and two reverse circulation (RC) drilling campaigns by Robex Resources Inc., in 2013 and 2014. It covers an area of 500 m x 200 m drilled with 62 holes totaling 3,768 m. The best results are reported by Robex in a press release dated May 28, 2014 and are presented in the following tables:


Trench Number
Interval
Length (m)
Au (g/t)


Fm (m)
To (m)


Ms2013tr001
0.0
50.0
50.0
1.81


Ms2013tr002
0.0
105.0
105.0
0.71


Ms2013tr003
0.0
60.0
60.0
3.92






Hole Number
Interval
Length (m)
Au (g/t)


Fm (m)
To(m)


Ms2013ac02b
0.0
31.0
31.0
2.80


Ms2013ac13
3.0
31.0
28.0
1.26


Ms2013ac16
27.0
41.0
14.0
18.56


Ms2013tr001
0.0
50.0
50.0
1.81


Ms2013tr003
1.0
60.0
60.0
3.92


Ms2014ac001
52.0
69.0
17.0
1.18


Ms2014ac008
5.0
18.0
13.0
1.85


Ms2014ac009
11.0
26.0
15.0
1.47


Ms2014ac011
11.0
22.0
11.0
2.14


Ms2014ac011b
7.0
19.0
12.0
1.14


Ms2014ac008
5.0
18.0
13.0
1.85


Ms2014ac009
11.0
26.0
15.0
1.47


Ms2014ac011
11.0
22.0
11.0
2.14


Ms2014ac011b
7.0
19.0
12.0
1.14


Ms2014ac035
9.0
23.0
14.0
1.27


Ms2014ac035
50.0
62.0
12.0
1.59


Ms2014ac037
14.0
22.0
8.0
1.22


Ms2014ac037
32.0
50.0
18.0
1.01


Ms2014ac058
0.0
36.0
36.0
1.33



Samples were analyzed by merger fusion on a grip of 50g pulp and ppm finish for the gold at the ALS Laboratory, Bamako, Mali. The Diesse (or M2) anomaly is located 700 m to the South of the Walia zone. It covers 1.68 km2. Ashanti Mali SA noted a granitic intrusion cutting through the metasediments of the area. Quartz fragments from local veins and veinlets are numerous on surface. The geochemical soil survey revealed gold values as high as 378 ppb Au centered along a NE trending structure in the western half of the anomaly. The Walia and Diesse anomalies are yet to be tested by drilling. André Gagné President and CEO of Komet Resources Inc. commented the acquisition of the Moussala permit with the following: "We believe that this property will develop into a first class asset for the company. The positive results generated from the exploration work completed to date by previous stakeholders are opening-up a promising gold potential for the Moussala permit." Located in the southern half of the Senegalo-Malian deformation zone with its numerous world class gold deposits, this region has witnessed sustained activities since the production start-up of the Tabakoto mine in 2010 and the Gounkoto mines part of RandGold's Loulo-Gounkoto mining complex (2011-2012) and the Yanfolila mine of Hummingbird with a forecasted production start-up in early 2017. Take note that less than 10 km south of the Moussala permit, the Merrex Gold Inc.-Iamgold Corp. joint venture is developing the Siribaya and Diakha gold deposits and across the border in Senegal, Iamgold is now completing the necessary technical studies to support the economic evaluation of its Boto deposit along the same mineralized corridors projecting to the north towards Komet's permit. Immediately to the west of the permit, Vancouver based mine developer B2Gold Corp. is now in the construction phase of a large mining facility at its Fekola project with a rated annual production of 350,000 oz Au for a period of at least 12.5 years starting in 2017. Further to the north, Iamgold Corp. and AngloGold Ashanti Corp. are jointly mining since 1997 the Sadiola Gold Mine along the same mineralized structure. Details on the reserves and resources status of the mines and projects discussed in the above paragraphs are presented in the following table:



Categories



Proven Reserves
Probable Reserves
Measured Resources
Indicated Resources
Inferred Resources


Mine/Project (owner/operator)
Tonnage (Mt)
Grade

(Au g/t)
Content

(Au koz)
Tonnage

(Mt)
Grade

(Au g/t)
Content

(Au koz)
Tonnage

(Mt)
Grade

(Au g/t)
Content

(Au koz)
Tonnage

(Mt)
Grade

(Au g/t)
Content

(Au koz)
Tonnage

(Mt)
Grade

(Au g/t)
Content

(Au koz)


Tabakoto (Endeavour)
2.3
3.19
235
4.200
3.68
491
6.300
2.86
575
12.300
3.22
1 270
9.000
3.55
1,023


Goungoto (Randgold
4.1
3.00
400
24.700
6.60
1,000
5.100
2.90
400
17.000
3.90
2 100
8.300
3.06
900


Siribaya/Diakha (Merrex Gold / Iamgold)
-
-
-
-
-
-
-
-
-
2.100
1.90
129
19.800
1.70
1,100


Boto (Iamgold)
-
-
-
-
-
-
-
-
-
27.670
1.80
125
2.920
1.30
1,092


Yanfolila (Hummingbird Resources)
-
-
-
7.039
3.14
710
-
-
-
-
-
-
22.165
2.54
1,540


Fékola (B2Gold)
-
-
-
49.170
2.35
3,720
-
-
-
61.574
2.16
4 281
9.055
1.68
490


Sadiola (Iamgold / Anglogold Ashanti)
-
-
-
-
-
-
1.462
1.70
79
118.880
1.80
6 908
15.524
1.80
911



Benoit Violette, P Geo., is the Qualified Person who has reviewed this news release and is responsible for the technical information and data verification presented herein. Jacques Marchand, P.Eng., is the qualified person responsible for the data verification disclosed in Robex Resources Inc. press release dated May 28, 2016. More information about the Company is available at: http://kometgold.com Forward-Looking Statements Neither TSX Venture Exchange nor the regulatory service provider (as the term is defined in TSX Venture Exchange's policies) accept any liability of any kind as to the authenticity or accuracy of this release. This press release contains statements that may constitute "forward-looking information" or "forward-looking statements" as set out within the context of security law. This forward-looking information is subject to many risks and uncertainties, some of which are beyond Komet Inc.'s ("Komet") control. The actual results or conclusions may differ considerably from those that have been set out, or intimated, in this forward-looking information. There are many factors which may cause such disparity, especially the instability of metal market prices, the results of fluctuations in foreign currency exchange rates or in interest rates, poorly estimated reserves, environmental risks (stricter regulations), unforeseen geological situations, unfavorable extraction conditions, political risks brought on by mining in developing countries, regulatory and governmental policy changes (laws and policies), failure to obtain the requisite permits and approvals from government bodies, or any other risk relating to mining and development. There is no guarantee that the circumstances anticipated in this forward-looking information will occur, or if they do occur, how they will benefit Komet. The forward-looking information is based on the estimates and opinions of Komet's management at the time of the publication of the information and Komet does not assume any obligation to make public updates or modifications to any of the forward-looking statements, whether as a result of new information, future events. or any other cause. except if it is required by securities laws.





Investor relations and information:
Andre Gagne
President and CEO
Cell 1-581-300-1666
[email protected]
Skype: andregagne11




Read more...
Komet Resources Inc.: Closing of the Second Tranche a Private Placement

QUEBEC CITY, QUEBEC--(Marketwired - Jun 14, 2016) - Komet Resources Inc. (TSX VENTURE:KMT) ("Komet" or the "Corporation") is pleased to announce that it has closed a second tranche of a non-brokered private placement with accredited investors by issuing 2,432,940 units at a price of CA$0.33 per Unit, for total gross proceeds to Komet of CA$802,870. Each Unit consists of one common share and one common share purchase warrant. Each Warrant entitles the holder to purchase one additional Common Share of the Corporation at a price of CA$0.45 for 12 months from the closing date of the private placement. The Company paid a finder's fee amounting USD$30,000.
Securities issued under the private placement will be subject to a four month hold period from the Closing Date.
Komet will use the private placement proceeds to fund the acquisition of production main equipment and exploration work on its properties.
The private placement was carried out pursuant to prospectus exemptions of applicable securities laws and is subject to final acceptance by the TSX Venture Exchange.
As a result of the private placement, 52,518,596 common shares of Komet are issued and outstanding.
More information about the corporation is available at: www.kometgold.com.
Forward-Looking Statements
Neither TSX Venture Exchange nor the regulatory service provider (as the term is defined in TSX Venture Exchange's policies) accepts any liability of any kind as to the authenticity or accuracy of this release. This press release contains statements that may constitute "forward-looking information" or "forward-looking statements" as set out within the context of security law. This forward-looking information is subject to many risks and uncertainties, some of which are beyond Komet Inc.'s ("Komet") control. The actual results or conclusions may differ considerably from those that have been set out, or intimated, in this forward-looking information. There are many factors which may cause such disparity, especially the instability of metal market prices, the results of fluctuations in foreign currency exchange rates or in interest rates, poorly estimated reserves, environmental risks (stricter regulations), unforeseen geological situations, unfavorable extraction conditions, political risks brought on by mining in developing countries, regulatory and governmental policy changes (laws and policies), failure to obtain the requisite permits and approvals from government bodies, or any other risk relating to mining and development. There is no guarantee that the circumstances anticipated in this forward-looking information will occur, or if they do occur, how they will benefit Komet. The forward-looking information is based on the estimates and opinions of Komet's management at the time of the publication of the information and Komet does not assume any obligation to make public updates or modifications to any of the forward-looking statements, whether as a result of new information, future events, or any other cause, except if it is required by securities laws.





Investors relations and information:
Andre Gagne
President and CEO
581-300-1666
[email protected]
Skype: andregagne11




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Komet Resources Inc.: Progress and Planned Development at the Guiro Mine as of the 2nd Quarter 2016

QUEBEC CITY, QUEBEC--(Marketwired - Jun 7, 2016) - Komet Resources Inc. (TSX VENTURE:KMT) ("Komet" or the "Company") is pleased to announce that the mining of the underground mineralised gold vein that started less than 6 months ago is now well on track to meet its target of 100 daily tons of mineralised material delivered to the plant each day. The training of local miners has reached a satisfying level, which allowed the drilling and blasting crews to make 3 shifts of 8 hours, 7/7, on a rotational basis since June 1st, in order to ensure a continuous production. Simultaneously, new miner teams dedicated to material-hoisting are gradually being integrated in order to optimize the quantity of material hauled up to the surface every day and thus supply the plant to full capacity. These new developments, the efforts made to upgrade the underground infrastructure during the first quarter 2016 as well as the expertise of our mining engineer with 30 years of experience have resulted in the preparation and development work now being 90% completed. The gravimetric plant has seen continuous improvements: the energy production has been stabilized with the addition of the new 450 kVA generator unit, the new centrifugal concentrator was delivered and is currently being installed and the ball mill is being connected and put into service. In order to complete the initial phase of the upgrade to the gravimetric recovery circuit, the purchase and installation of a third Knelson concentrator, that will allow maximising gravimetric recovery, as well as an intense leaching reactor (ILR) that will allow processing of the concentrates, is still scheduled for the third and fourth quarters of the current year respectively. It is also worth mentioning other major additions made since the beginning of the current year, including the lab's fire-assay equipment and a new high-performance compressor. The workforce now totals 150 employees, the majority of which come from the neighbouring communities. It is important to note that the current production decisions are not based on any preliminary economic assessment or feasibility study, but are a restart of production activities undertaken by the previous owner. March and April 2016 Production March and April production of gold doré was about 7 kg, including 4.4 kg in April. Fine gold (24 K) was calculated by the Bureau des Mines et de la Géologie du Burkina Faso (BUMIGEB) to be 6.395 kg prior to export, including 3.987 kg in April. The break-even point of all operations in Burkina Faso is between 3.5 kg and 4 kg of fine gold per month at the current market price. It took less than six months of pilot production to generate a positive cash flow in Africa. The frequent shutdowns for improvements result in the effective production currently being around 60% of the industry 350-day standard of production per year. Considering the actual new process and equipment, the full capacity target of 150 tons daily is still anticipated for Q4 2016. As of the coming fourth quarter, the Company will be able to quantify the overall real production costs of an ounce of gold extracted from the Guiro Mine. Since production resumed, gold sales (in Canadian dollars) yielded the following:

Q3 2015 (VAT leaching only): $171,239
Q4 2015 (VAT leaching and gravimetry): $366,857
Q1 2016 (VAT leaching and gravimetry): $383,164

Second quarter production for 2016 will be disclosed next July and should reflect the constant evolution of the mine production. Private Placement 2016 Komet is expecting to close in the next few weeks a second tranche of the current non-brokered private placement, which can reach a maximum of $5 million. As announced on April 29, 2016, a first closing was done by issuing 1,820,846 units (the "Units") at a price of $0.33 per Unit, for total gross proceeds to Komet of $600,879.13. Each Unit consists of one common share (a "Common Share") and one common share purchase warrant (a "Warrant"). Each Warrant entitles the holder to purchase one additional Common Share of the Corporation at a price of $0.45 for 12 months from the closing date of the private placement (the "Closing Date"). Securities issued under the private placement will be subject to a four-month hold period from the Closing Date. Komet will use the private placement proceeds to fund the acquisition of important production equipment and exploration work on its property. Interests on Debentures Paid in Shares A second payment of interests on the debentures issued on June 8, 2015, is planned in the form of shares, at a conversion price of $0.3497 per share, the average of the five days preceding June 1st, 2016, for a total amount of $100,000. Part of the interest payment will be issued to insiders. The total number of shares issued will be 285,953, 85,786 of which will be issued to insiders of the Company. Jacques Marchand, P.Eng. Geo., is the Qualified Person who has reviewed this news release and is responsible for the geological information presented there. More information about the Company is available at: http://kometgold.com Forward-Looking Statements Neither TSX Venture Exchange nor the regulatory service provider (as the term is defined in TSX Venture Exchange's policies) accept any liability of any kind as to the authenticity or accuracy of this release. This press release contains statements that may constitute "forward-looking information" or "forward-looking statements" as set out within the context of security law. This forward-looking information is subject to many risks and uncertainties, some of which are beyond Komet Inc.'s ("Komet") control. The actual results or conclusions may differ considerably from those that have been set out, or intimated, in this forward-looking information. There are many factors which may cause such disparity, especially the instability of metal market prices, the results of fluctuations in foreign currency exchange rates or in interest rates, poorly estimated reserves, environmental risks (stricter regulations), unforeseen geological situations, unfavorable extraction conditions, political risks brought on by mining in developing countries, regulatory and governmental policy changes (laws and policies), failure to obtain the requisite permits and approvals from government bodies, or any other risk relating to mining and development. There is no guarantee that the circumstances anticipated in this forward-looking information will occur, or if they do occur, how they will benefit Komet. The forward-looking information is based on the estimates and opinions of Komet's management at the time of the publication of the information and Komet does not assume any obligation to make public updates or modifications to any of the forward-looking statements, whether as a result of new information, future events. or any other cause. except if it is required by securities laws.





Investor relations and information:
Andre Gagne
President and CEO
Cell 1-581-300-1666
[email protected]
Skype: andregagne11




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Ratios

vs
industry
vs
history
Forward PE Ratio 18.42
KMT's Forward PE Ratio is ranked lower than
57% of the 369 Companies
in the Global Tools & Accessories industry.

( Industry Median: 19.53 vs. KMT: 18.42 )
Ranked among companies with meaningful Forward PE Ratio only.
N/A
Price-to-Owner-Earnings 75.09
KMT's Price-to-Owner-Earnings is ranked lower than
81% of the 855 Companies
in the Global Tools & Accessories industry.

( Industry Median: 18.67 vs. KMT: 75.09 )
Ranked among companies with meaningful Price-to-Owner-Earnings only.
KMT' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 6.26  Med: 19.65 Max: 32860
Current: 75.09
6.26
32860
PB Ratio 3.26
KMT's PB Ratio is ranked lower than
73% of the 1739 Companies
in the Global Tools & Accessories industry.

( Industry Median: 1.86 vs. KMT: 3.26 )
Ranked among companies with meaningful PB Ratio only.
KMT' s PB Ratio Range Over the Past 10 Years
Min: 0.72  Med: 1.81 Max: 3.52
Current: 3.26
0.72
3.52
PS Ratio 1.54
KMT's PS Ratio is ranked lower than
59% of the 1754 Companies
in the Global Tools & Accessories industry.

( Industry Median: 1.22 vs. KMT: 1.54 )
Ranked among companies with meaningful PS Ratio only.
KMT' s PS Ratio Range Over the Past 10 Years
Min: 0.4  Med: 1.13 Max: 1.66
Current: 1.54
0.4
1.66
Price-to-Free-Cash-Flow 95.28
KMT's Price-to-Free-Cash-Flow is ranked lower than
91% of the 631 Companies
in the Global Tools & Accessories industry.

( Industry Median: 18.02 vs. KMT: 95.28 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
KMT' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 6.22  Med: 20.04 Max: 102.67
Current: 95.28
6.22
102.67
Price-to-Operating-Cash-Flow 20.17
KMT's Price-to-Operating-Cash-Flow is ranked lower than
73% of the 791 Companies
in the Global Tools & Accessories industry.

( Industry Median: 11.60 vs. KMT: 20.17 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
KMT' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 3.57  Med: 11.69 Max: 169.86
Current: 20.17
3.57
169.86
EV-to-EBIT 38.19
KMT's EV-to-EBIT is ranked lower than
87% of the 1949 Companies
in the Global Tools & Accessories industry.

( Industry Median: 16.53 vs. KMT: 38.19 )
Ranked among companies with meaningful EV-to-EBIT only.
KMT' s EV-to-EBIT Range Over the Past 10 Years
Min: -31.2  Med: 9.7 Max: 159.3
Current: 38.19
-31.2
159.3
EV-to-EBITDA 18.08
KMT's EV-to-EBITDA is ranked lower than
74% of the 2030 Companies
in the Global Tools & Accessories industry.

( Industry Median: 12.09 vs. KMT: 18.08 )
Ranked among companies with meaningful EV-to-EBITDA only.
KMT' s EV-to-EBITDA Range Over the Past 10 Years
Min: -64.2  Med: 8.1 Max: 199.5
Current: 18.08
-64.2
199.5
Shiller PE Ratio 60.87
KMT's Shiller PE Ratio is ranked lower than
81% of the 305 Companies
in the Global Tools & Accessories industry.

( Industry Median: 28.76 vs. KMT: 60.87 )
Ranked among companies with meaningful Shiller PE Ratio only.
KMT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 13.67  Med: 31.31 Max: 66
Current: 60.87
13.67
66
Current Ratio 2.44
KMT's Current Ratio is ranked higher than
67% of the 1663 Companies
in the Global Tools & Accessories industry.

( Industry Median: 1.91 vs. KMT: 2.44 )
Ranked among companies with meaningful Current Ratio only.
KMT' s Current Ratio Range Over the Past 10 Years
Min: 0.99  Med: 2.24 Max: 3.74
Current: 2.44
0.99
3.74
Quick Ratio 1.30
KMT's Quick Ratio is ranked higher than
50% of the 1661 Companies
in the Global Tools & Accessories industry.

( Industry Median: 1.35 vs. KMT: 1.30 )
Ranked among companies with meaningful Quick Ratio only.
KMT' s Quick Ratio Range Over the Past 10 Years
Min: 0.41  Med: 1.09 Max: 2.14
Current: 1.3
0.41
2.14
Days Inventory 124.84
KMT's Days Inventory is ranked lower than
63% of the 1732 Companies
in the Global Tools & Accessories industry.

( Industry Median: 98.73 vs. KMT: 124.84 )
Ranked among companies with meaningful Days Inventory only.
KMT' s Days Inventory Range Over the Past 10 Years
Min: 87.3  Med: 112.08 Max: 127.34
Current: 124.84
87.3
127.34
Days Sales Outstanding 68.30
KMT's Days Sales Outstanding is ranked higher than
67% of the 1373 Companies
in the Global Tools & Accessories industry.

( Industry Median: 81.96 vs. KMT: 68.30 )
Ranked among companies with meaningful Days Sales Outstanding only.
KMT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 50.92  Med: 64.21 Max: 71.41
Current: 68.3
50.92
71.41
Days Payable 50.83
KMT's Days Payable is ranked lower than
66% of the 1323 Companies
in the Global Tools & Accessories industry.

( Industry Median: 66.49 vs. KMT: 50.83 )
Ranked among companies with meaningful Days Payable only.
KMT' s Days Payable Range Over the Past 10 Years
Min: 22.36  Med: 39.41 Max: 53.5
Current: 50.83
22.36
53.5

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield % 2.07
KMT's Dividend Yield % is ranked higher than
59% of the 1789 Companies
in the Global Tools & Accessories industry.

( Industry Median: 1.76 vs. KMT: 2.07 )
Ranked among companies with meaningful Dividend Yield % only.
KMT' s Dividend Yield % Range Over the Past 10 Years
Min: 0.94  Med: 1.56 Max: 4.56
Current: 2.07
0.94
4.56
3-Year Dividend Growth Rate 7.70
KMT's 3-Year Dividend Growth Rate is ranked higher than
57% of the 899 Companies
in the Global Tools & Accessories industry.

( Industry Median: 6.30 vs. KMT: 7.70 )
Ranked among companies with meaningful 3-Year Dividend Growth Rate only.
KMT' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: 0  Med: 3.7 Max: 14.5
Current: 7.7
0
14.5
Forward Dividend Yield % 2.07
KMT's Forward Dividend Yield % is ranked higher than
56% of the 1723 Companies
in the Global Tools & Accessories industry.

( Industry Median: 1.87 vs. KMT: 2.07 )
Ranked among companies with meaningful Forward Dividend Yield % only.
N/A
5-Year Yield-on-Cost % 3.43
KMT's 5-Year Yield-on-Cost % is ranked higher than
68% of the 2128 Companies
in the Global Tools & Accessories industry.

( Industry Median: 2.26 vs. KMT: 3.43 )
Ranked among companies with meaningful 5-Year Yield-on-Cost % only.
KMT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 1.56  Med: 2.58 Max: 7.55
Current: 3.43
1.56
7.55
3-Year Average Share Buyback Ratio -0.80
KMT's 3-Year Average Share Buyback Ratio is ranked higher than
55% of the 915 Companies
in the Global Tools & Accessories industry.

( Industry Median: -1.30 vs. KMT: -0.80 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
KMT' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -7.3  Med: -1.8 Max: 1.7
Current: -0.8
-7.3
1.7

Valuation & Return

vs
industry
vs
history
Price-to-Tangible-Book 6.78
KMT's Price-to-Tangible-Book is ranked lower than
85% of the 1646 Companies
in the Global Tools & Accessories industry.

( Industry Median: 2.02 vs. KMT: 6.78 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
KMT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.4  Med: 3.58 Max: 43.14
Current: 6.78
1.4
43.14
Price-to-Intrinsic-Value-Projected-FCF 1.41
KMT's Price-to-Intrinsic-Value-Projected-FCF is ranked higher than
55% of the 997 Companies
in the Global Tools & Accessories industry.

( Industry Median: 1.53 vs. KMT: 1.41 )
Ranked among companies with meaningful Price-to-Intrinsic-Value-Projected-FCF only.
KMT' s Price-to-Intrinsic-Value-Projected-FCF Range Over the Past 10 Years
Min: 0.6  Med: 1.33 Max: 37.65
Current: 1.41
0.6
37.65
Price-to-Median-PS-Value 1.37
KMT's Price-to-Median-PS-Value is ranked lower than
63% of the 1562 Companies
in the Global Tools & Accessories industry.

( Industry Median: 1.24 vs. KMT: 1.37 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
KMT' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.23  Med: 0.71 Max: 1.4
Current: 1.37
0.23
1.4
Earnings Yield (Greenblatt) % 2.65
KMT's Earnings Yield (Greenblatt) % is ranked lower than
71% of the 2347 Companies
in the Global Tools & Accessories industry.

( Industry Median: 5.19 vs. KMT: 2.65 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
KMT' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: 0.6  Med: 8.5 Max: 21.8
Current: 2.65
0.6
21.8
Forward Rate of Return (Yacktman) % -12.30
KMT's Forward Rate of Return (Yacktman) % is ranked lower than
83% of the 1033 Companies
in the Global Tools & Accessories industry.

( Industry Median: 6.19 vs. KMT: -12.30 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) % only.
KMT' s Forward Rate of Return (Yacktman) % Range Over the Past 10 Years
Min: -12.3  Med: 4.2 Max: 29.5
Current: -12.3
-12.3
29.5

More Statistics

Revenue (TTM) (Mil) $2,015
EPS (TTM) $ -0.53
Beta2.03
Short Percentage of Float5.16%
52-Week Range $20.40 - 43.09
Shares Outstanding (Mil)80.55

Analyst Estimate

Jun17 Jun18 Jun19
Revenue (Mil $) 2,069 2,190 2,340
EPS ($) 1.37 2.09 2.67
EPS without NRI ($) 1.37 2.09 2.67
EPS Growth Rate
(Future 3Y To 5Y Estimate)
N/A
Dividends per Share ($) 0.76 0.76 0.76
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