Risk factor
Very high price volatility
Profitability factor
Strong growth
About
Ora Banda Mining Limited engages in the exploration, operation, and development of mineral properties in Australia. The company explores for gold, nickel, copper, lithium, and base metal deposits. It holds 100 % interest in the Davyhurst Gold project comprises 92 tenements covering an area of approximately 1,210 square kilometers located in North-West of Kalgoorlie, Western Australia. Its production deposits also include the Riverina, Sand King, Missouri, Waihi, Callion, Lady Ida, Mulline, and Golden Eagle projects. The company was formerly known as Eastern Goldfields Limited and changed its name to Ora Banda Mining Limited in June 2019. Ora Banda Mining Limited was incorporated in 2002 and is based in West Perth, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is fairly priced compared to similar stocks. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBITDA, re
Target Price
The average target price of OBM.AX is 1.3 and suggests 7% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation
Buy
Sell