In the scheme of things, it's not a huge rise – just 1 cent and shares are still down over 83% in the past 5 years, and 23% in the past 12 months.

Shares have traded as high as 36 cents so far in 2015, but it appears unlikely that the share price will reach those levels anytime soon.

And if you think Kingsrose has the potential to follow in the footsteps of fellow gold miner St Barbara Ltd (ASX: SBM), you'd be sadly mistaken. St Barbara has seen its share price explode, soaring by 1,363% since December 2014, but the miner had been written off and has seen a new lease of life.

Getting back to Kingsrose, CEO Scott Huffadine resigned early in November 2015, despite only being appointed in January 2014. That's a short tenure for a CEO and the company gave no explanation for his resignation, but it does raise a red flag.

Kingsrose is a small gold and silver miner with an 85% interest in two mines in South Sumatra, Indonesia at its Way Linggo Project (Way Linggo and Talang Santo). Way Linggo had been producing gold and silver for some years, but was high cost and the company made the decision to suspend activities at the mine in 2013.

Talang Santo is now the company's only producing mine and production is low. It also has to deal with a large amount of water entering the mine operations which has restricted production in the past, and can cause production costs to escalate.

In the September quarter, Kingsrose produced just over 4,000 ounces of gold and 9,815 ounces of silver, at an all-in sustaining cost of US$1,580 an ounce (gold equivalent). By comparison, the miner produced 5,763 ounces of gold and 10,433 ounces of silver in the June quarter at a cost of US$1,116 an ounce.

Both quarters were also well above the company's all-in sustaining cost guidance of between US$670 and US$720 an ounce.

September's results were well above the current gold price of US$1,084 an ounce, and show that lower production and higher costs from quarter to quarter are an ongoing risk. The quarter also included US$456 an ounce of sustaining capital – showing how capital intensive gold miners can be.

The good news is that Kingsrose's Talang Santo mine has some of the highest grades of gold per tonne, which should allow the company to bring down the all-in cost, increase production and grow cash flow.

Another issue is that Kingsrose has the same disease many gold miners seem to have – "Overly optimistic forecasts by management". In November 2014, management lowered their already optimistic forecast for the 2015 financial year (FY15) from 40,000 ounces of gold to between 30,000 and 35,000 ounces. Kingsrose produced just 24,227 ounces of gold that year and 60,000 ounces of silver.

Unless the company can significantly increase production in the three remaining quarters, it looks headed for an even lower total than last year in FY16.

Foolish takeaway

If gold and silver prices remain steady, Kingsrose has the opportunity to make substantial profits. The major problem is that gold production remains low and production costs above the current spot gold price. The odds are more to the downside from here.

The post Are Kingsrose Mining shares a buy at today's price? appeared first on The Motley Fool Australia.

But several companies have gone for a gallop today, rising more than 8%. Here's our take…

Northern Minerals Ltd (ASX: NTU) has soared 14.3% to 28 cents, and is up 43% since Monday. The company received a speeding ticket from the ASX, but says it doesn't know why the shares have soared. It may be related to an announcement the company made in late August – regarding its Browns Range Project in WA. Northern Minerals says it has appointed consultants for the Feasibility Study. Browns Range holds a number of potentially commercial deposits of rare earth ores (REO).

TNG Limited (ASX:TNG) climbed 14.7% to 17.2 cents. The junior explorer today announced that it had discovered a thick graphite zone at its 100%-owned Mount Peake vanadium project in the Northern Territory. TNG says the project holds licences over 1,900 square kilometres in a highly prospective but poorly explored region. Demand for graphite is expected to soar – given its use in batteries and renewable enrgy.

Gold miner Kingsrose Mining Limited (ASX: KRM) has jumped 13.4% to 46.5 cents. Kingsrose managing director Scott Huffadine has been presenting to analysts and investors over the past two weeks. Kingsrose operates the Talang Santo mine in Indonesia, and is developing a second mine – Way Linggo close by. Talang Santo is currently ramping up to full production – expected by mid-October 2014.

Premier Investments Ltd (ASX: PMV) added 8.2%, after the retailer today reported double digit growth in earnings for the 2014 financial year. The owner of Just Jeans, Smiggle, Peter Alexander, Portmans, Dotti and Jacqui E, says all its retail brands delivered positive like-for-like growth in the second half of the financial year – something few retailers can boast.

If you're looking for a stock with a fantastic dividend, plus growth and is flying under the radar, you need to read this report…

The post 4 stocks zooming up the ASX today appeared first on The Motley Fool Australia.

At the current exchange rate of US 93.7 cents, Australian miners should be receiving around A$1,387 an ounce, so those with all-in sustaining cash costs of $1,000 or under are making a pretty penny. As fellow Fool Tim McArthur pointed out earlier today, moving into gold stocks now could be healthy for your wealth.

Here are four gold stocks to consider adding to your portfolio…

1. Northern Star Resources Ltd (ASX: NST) could be one of the most promising ASX-listed gold miners having picked up several mines on the cheap, at what appears to be the bottom of the cycle. As a result, Northern Star has moved from minnow to become Australia's second largest gold play.
2. Beadell Resources Ltd (ASX: BDR) recently reported all-in sustaining costs of around $937 an ounce, which could improve even further with additional high grade drilling results from its Tucano mine in Brazil.
3. Silver Lake Resources Ltd (ASX: SLR) recently reported gold sales of 172,838 ounces for the year ended 30 June 2014 from Mount Monger operations which was above guidance. The company also says it has received a number of unsolicited expressions of interest in its Lakewood Mill, which could deliver one off or ongoing benefits.
4. Kingsrose Mining Limited (ASX: KRM) reports all-in sustaining cash costs of US$650 an ounce, and production is expected to hit 40,000 ounces in the 2015 financial year, up from just 3,000 ounces this year. The company has two mines, Way Linggo and Talang Santo, both located in southern Sumatra.
5. As a bonus, investors may also want to consider one of Australia's newest gold miners, Doray Minerals Limited (ASX: DRM), which own Australia's highest grade gold mine, Andy Well, with forecast costs of around $1,000 an ounce in the 2014 financial year.

Resource stocks can run into a multitude of problems beyond the control of management from the gold price, weather, and sovereign action over royalties or exports to name but a few. Having a diversified portfolio of gold stocks in different regions, with multiple mines can help fray those risks.

The post 4 gold stocks to buy with $10,000 appeared first on The Motley Fool Australia.

Possibly. As it seems quite a few wealthy investors and fund managers are jumping into or topping up their holdings in junior gold miners.

Well-known small caps fund manager, David Paradice, is reported to have jumped into the junior end of the gold sector in September last year, including Saracen Mineral Holdings (ASX: SAR) and Perseus Mining (ASX: PRU), according to the Australian Financial Review (AFR).

Mr Paradice told the AFR that he thinks the US still has some issues and it will take a while for the economy to recover there. And as a result he was looking at defensive stocks like gold.

James Packer's Ellerston Capital has acquired a 5.4% stake in Teranga Gold Corp (ASX: TGZ), while BRW rich-lister, Bill Paterson, holds shares in Kingsrose Mining (ASX: KRM), Northern Star Resources (ASX: NST) and Beadell Resources (ASX: BDR), having recently sold out of Saracen.

Legendary prospector Mark Creasy, of nickel explorer Sirius Resources (ASX: SIR) fame, holds shares in gold miner Evolution Mining (ASX: EVN).

As Mr Creasy told the AFR, "Things are on the improve for gold shares. Last year the market was basically pricing gold stocks as if gold was never going to come back again, ever."

Late last year, many analysts were predicting gold prices of around US1,000 an ounce or lower, perhaps taking the short-term falls as a longer-term trend. That hasn't occurred, and gold has recovered back above US$1,300 an ounce.

Foolish takeaway

The evidence suggests these wealthy investors took a sensible, contrarian approach and invested when most of the market was predicting dire straits for gold stocks. It's an important lesson for investors — 'being greedy when others are fearful' as Warren Buffett has said. Something I suggested in this article back in August last year.

The post Should you follow the rich into these gold stocks? appeared first on The Motley Fool Australia.