Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Cobre Limited is primarily involved in the identification and assessment of mineral resources, particularly seeking deposits of copper, gold, silver, and zinc. The company fully owns the Perrinvale project, an area spanning approximately 381 square kilometers across the Panhandle and Illaara Greenstone Belts in Western Australia. Additionally, Cobre has the opportunity to secure up to an 80% stake in the Sandiman tenement, which covers about 202 square kilometers in Australia's Gascoyne Province. It also holds a 51% share in a segment of the Kalahari Copper Belt in Botswana, encompassing roughly 5,026.9 square kilometers. Founded in 2018, the company's operations are headquartered in Sydney, Australia.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers.
Target Price
The average target price of CBE.AX is 0.35 and suggests 40% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr