Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Australian Strategic Materials Ltd operates as an integrated producer of critical metals for advanced and clean technologies in Australia. The company holds interest in the Dubbo Project that contains light and heavy rare earths, zirconium, niobium, and hafnium located in central-western New South Wales. It also constructs and operates Korean metals plant, which converts oxides into high-purity metals, alloys, and powders. The company was formerly known as Australian Zirconia Holdings Pty Ltd and changed its name to Australian Strategic Materials Ltd in March 2020. The company was founded in 2000 and is headquartered in West Perth, Australia.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers.
Target Price
The average target price of ASM.AX is 2.3 and suggests 50% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre