Risk factor
Very high price volatility
Profitability factor
Very favourable analyst view
About
Medallion Metals Limited is an Australian entity primarily engaged in the discovery and assessment of mineral resources throughout the country. The company's core exploration efforts are directed towards unearthing deposits rich in valuable metals such as gold, silver, copper, lead, and zinc. A pivotal asset for the company is its Ravensthorpe Gold Project, which it fully owns and operates. This significant exploration area covers approximately 300 square kilometers and is strategically located in Western Australia. Medallion Metals was founded in 2015 and is headquartered in West Perth, Australia.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers.
Target Price
The average target price of MM8.AX is 0.96 and suggests 118% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc