Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Highfield Resources Limited, together with its subsidiaries, engages in the exploration and development of potash mines in Spain. The company's potash projects are located in the Ebro potash producing basin in Northern Spain. Its flagship property is the Muga project that covers an area of approximately 60 square kilometers located to the south east of Pamplona. The company also holds interest in the Pintanos tenement area comprising three permits of Molineras 1, Molineras 2, and Puntarrón covering an area of 65 square kilometers; and the Sierra del Perdón tenement area comprising three permits of Quiñones, Adiós, and Ampliación de Adiós coversing covering an area of approximately 120 square kilometers located to south east of Pamplona. The company was incorporated in 2011 and is headquartered in Pamplona, Spain.
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers.
