Risk factor
Considerable default risk
Profitability factor
Greatly undervalued vs peers
About
Kogi Iron Limited, through its subsidiaries, engages in the exploration and evaluation of iron ore and other mineral properties in Australia and Nigeria. The company holds 100% interest in the Agbaja iron ore and steel project located in Kogi State in the Republic of Nigeria; and interest in the Mogul VMS project located in Western Australia. It also owns a portfolio of 8 iron ore projects in the Pilbara and Mid West regions of Western Australia. The company was formerly known as Energio Limited and changed its name to Kogi Iron Limited in November 2012. Kogi Iron Limited was incorporated in 1980 and is based in Melbourne, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is considerably underpriced compared to similar stocks. Specifically, the stock is undervalued on EV/EBITDA.
