Risk factor
Very high price volatility
Profitability factor
Very favourable analyst view
About
Australian Strategic Materials Ltd (ASM) is an integrated Australian-based producer specializing in critical metals essential for advanced and environmentally conscious technologies. A key asset is the company's interest in the Dubbo Project, located in central-western New South Wales, which boasts reserves of light and heavy rare earth elements, zirconium, niobium, and hafnium. ASM also develops and manages a Korean metals plant, responsible for converting various oxides into high-purity metals, alloys, and powders. The firm, founded in 2000, was formerly known as Australian Zirconia Holdings Pty Ltd until its rebranding to Australian Strategic Materials Ltd in March 2020. Its headquarters are situated in West Perth, Australia.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers.
Target Price
The average target price of ASM.AX is 2.28 and suggests 86.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in