Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Astron Corporation Limited engages in the exploration, evaluation, and development of mining projects in Australia, China, and internationally. It operates through China, and Others segments. The company’s flagship project is the Jackson Rare Earth and Mineral Sands Project in regional Victoria. It is also involved in the operation of titanium-based materials processing activities, including a mineral separation plant in Yingkou, China, as well as procurement and trading activities. In addition, the company engages in the evaluation and advancement of downstream applications for zircon and titanium. The company was incorporated in 2011 and is based in Melbourne, Australia.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. Specifically, the stock is fairly valued on P/E.
Target Price
The average target price of ATR.AX is 0.90 and suggests 55.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in