Risk factor
Very high price volatility
Profitability factor
Very favourable analyst view
About
Northern Minerals Limited is an Australian company primarily engaged in the exploration and assessment of mineral deposits containing rare earth elements. The firm specifically targets dysprosium and other valuable heavy rare earths. Its flagship asset is the wholly-owned Browns Range Pilot Plant project, situated in northern Western Australia, southeast of Halls Creek. Founded in 2006, the company initially operated as Northern Uranium Limited, later rebranding to Northern Minerals Limited in February 2011. It is headquartered in West Perth, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is considerably overpriced compared to similar stocks.
Target Price
The average target price of NTU.AX is 0.05 and suggests 85.2% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in