Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Millennial Potash Corp. is dedicated to the exploration and assessment of mineral assets across the United States. Furthermore, the company possesses an option to secure a 90% stake in the Banio Potash project, an initiative spanning roughly 1,238 square kilometers and located on Gabon's Atlantic seaboard. Established in 2015, this Vancouver, Canada-headquartered firm adopted its current name, Millennial Potash Corp., in January 2023, having previously operated as Black Mountain Gold USA Corp.
Company Valuation
Based on key historical and expected multiples, the stock is greatly overvalued relative to its peers.
Target Price
The average target price of MLP.V is 4.84 and suggests 110% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr