Loading companies…

Kingsgate Consolidated Ltd ASX:KCN

0 opened or increased2 held0 reduced or exitedlatest position by manager, past 12 months90 days: 0 increased, 0 reduced. 2 managers in total.

Position history by manager 2 managersSelect a point to see the comment

Opened or increasedHeldReduced or exited Start or end of the position not reported

28 Feb 2026 to today

Commentary Showing 2 of 4

DateManagerActionSummary

31 Jul 2026Paragon FundsHeldParagon Funds continues to hold Kingsgate Consolidated (ASX: KCN) through a difficult month in which the fund's positions were broadly sold off alongside global risk assets. Paragon notes that Kingsgate was additionally affected by a short-term, stock-specific issue, namely mechanical problems impacting one of its processing plants. The manager characterises this as a temporary operational setback rather than a structural change to the investment case, attributing the share price weakness to a combination of risk-off market conditions and a near-term disruption at the company's processing operations.

Gold MiningMonthly Report, price recorded $4.04

The source document link is a Pro feature

31 Mar 2026Paragon FundsIncreasedThe manager increased their position in Kingsgate, selectively adding to highest-conviction positions because it offers outstanding value and asymmetric risk/reward. Several holdings are trading at metrics last seen at COVID lows and nearing GFC lows, where select stockpicks returned multiples over the medium term.

Gold MiningMonthly Report, price recorded $4.40

The source document link is a Pro feature

2 more comments on KCNPro shows every comment, with a link to each source document.

Upgrade to Pro

First mention by manager

Price recorded at each manager's first comment

Price at first mentionThe share price recorded when each of 2 managers first commented on KCN.

View Pro

About Kingsgate Consolidated Ltd

Materials, Metals and Mining

Kingsgate Consolidated (ASX:KCN), a gold miner in Thailand, is a high-conviction value pick for Paragon Funds. In March 2026, Paragon said it was adding to Kingsgate as one of its highest-conviction positions, offering outstanding value and asymmetric risk-reward. In February, Paragon described Kingsgate's turnaround in restarting its 100%-owned Chatree gold mine in Thailand after an eight-year closure and resolving its dispute with the Thai government. Oracle described it as a small-cap gold miner early in its production ramp-up with low costs. Kingsgate Consolidated operates in the Materials sector within the Metals and Mining industry, and Thesis Tracker has captured 3 comments from 2 fund managers, Paragon and Oracle. Headquartered in Sydney, Kingsgate operates the Chatree gold mine in Thailand and holds the Nueva Esperanza silver-gold project in Chile.

Market cap: $1.2b
Price to earnings: 13.3x
Return on equity: 32.0%
Dividend yield: 2.9%
Price to book: 3.29x
Net margin: 23.8%
52-week range: $3.39 to $7.34

Company figures as of 15 Oct 2026. For information only.

Questions

Who is investing in Kingsgate Consolidated Ltd (ASX:KCN)?

Fund managers including Oracle Advisory Group and Paragon Funds have invested in Kingsgate Consolidated Ltd (ASX:KCN).

What opportunities or catalysts do fund managers highlight for Kingsgate Consolidated Ltd?

Paragon and Oracle highlight Kingsgate's successful restart of Chatree, resolution of its dispute with Thailand, low-cost production and outstanding value.

What are the key risks to the Kingsgate Consolidated Ltd investment thesis, according to fund managers?

The available commentary does not set out specific risks, though Kingsgate's production ramp-up and its relationship with Thai authorities remain key.

What does Kingsgate Consolidated Ltd (ASX:KCN) do?

Kingsgate Consolidated Ltd is an Australia-based gold, silver, and precious metals company focused on exploration, development, and mining. Its operations are organized into the Chatree, Nueva Esperanza, and Corporate segments. Founded in 1970, the company is headquartered in Sydney, Australia. This profile highlights Kingsgate Consolidated Ltd’s mining activities, operational segments, and corporate location for investors reviewing company commentary and fund manager commentary.

General information only. Thesis Tracker reports what named fund managers have published about ASX companies. It does not take into account your objectives, financial situation or needs, and is not financial product advice or a recommendation to buy, sell or hold any security.

11,356 comments from 164 managers on 761 companies, snapshot 15 Oct 2026.

Disclaimer Terms of Use Privacy Complaints Contact

Loading…