Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Operating with its subsidiaries, Lindian Resources Limited is engaged in the exploration of mineral assets spanning Tanzania, Guinea, Malawi, and Australia. Its primary focus is on unearthing valuable deposits of gold, bauxite, and rare earth minerals. Key among its ventures are the Gaoual, Woula, and Lelouma Bauxite projects located in Guinea, West Africa, alongside the Lushoto and Pare Bauxite projects within Tanzania. This company, established in 1999, is headquartered in Perth, Australia.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers.
Target Price
The average target price of LIN.AX is 0.75 and suggests 61.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in