Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Centaurus Metals Limited engages in the exploration and evaluation of mineral resource properties Brazil. The company explores for and processes copper, nickel, gold, and iron ore deposits. Its flagship project is the Jaguar nickel sulphide project covering an area of approximately 30 square kilometers of land package located in the Carajás Mineral Province, northern Brazil. The company was formerly known as Glengarry Resources Limited and changed its name to Centaurus Metals Limited in April 2010. Centaurus Metals Limited was incorporated in 1990 and is headquartered in Belo Horizonte, Brazil.
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 CTM.AX is 0.90 and suggests 140% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc