Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
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
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks. In particular, the stock is 'expensive' on EV/EBITDA.
Target Price
The average target price of LIN.AX is 0.75 and suggests 1.32% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to