Risk factor
Very high price volatility
Profitability factor
Favourable price performance
About
Centaurus Metals Limited engages in the exploration and evaluation of mineral resource properties in Brazil and Australia. The company explores for copper, nickel, gold, and iron ore deposits. It primarily focuses on the Jaguar nickel sulphide project located in the Carajás Mineral Province in 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 founded in 1989 and is based in West Perth, Australia.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is 'cheap' on EV/EBITDA.
Target Price
The average target price of CTM.AX is 0.97 and suggests 83% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
