Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Horseshoe Metals Limited is an Australian enterprise dedicated to the exploration and advancement of mineral assets, primarily targeting copper and gold deposits. The company boasts complete ownership of the Horseshoe Lights project, an extensive holding in Western Australia's Bryah Basin comprising 15 tenements across approximately 215 square kilometers. Additionally, it wholly controls the Kumarina project, situated in Western Australia's Gascoyne region, which includes a small mining lease and another mining lease totaling roughly 3.2 square kilometers. Horseshoe Metals also holds a 50% stake in the Mt Gunson copper project and full ownership of the Glenloth gold project in South Australia. Established in 2006, the firm's headquarters are located in Balcatta, Australia.
Company Valuation
Considering past and projected metrics, the stock is 'expensive' compared to its peers.