Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Chalice Mining Limited operates as a mineral exploration and evaluation company. The company explores for gold, copper, cobalt, palladium, platinum group element, and nickel deposits. Its flagship properties include the Julimar Nickel-Copper-Platinum group element project that covers an area of approximately 740 square kilometers located in Avon Region, Western Australia; and the Barrabarra Nickel -Copper- Platinum group element project located in Geraldton. It also holds interest in Hawkstone Nickel-Copper-Cobalt project located in Kimberley and South West Nickel-Copper- Platinum group element project located in Perth, Western Australia. Chalice Mining Limited was incorporated in 2005 and is based in West Perth, Australia.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.
Target Price
The average target price of CHN.AX is 2.7 and suggests 72% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre