Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Astron Corporation Limited operates as a mineral sands mining and production company. It operates through Donald Mineral Sands, China, and Senegal segments. It primarily focuses on the development of the Donald Mineral Sands and Rare Earth Project in regional Victoria. The company is also involved in the operation of titanium-based materials processing activities, including a mineral separation plant at Yingkou, China; and procurement and trading activities, as well as the evaluation and advancement of downstream applications for zircon and titanium. It operates in Australia, China, and internationally. The company was incorporated in 2011 and is based in Minyip, Australia. Astron Corporation Limited is a subsidiary of Kobe Investments Ltd.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. In particular, the stock is reasonably priced on P/E.
