Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Odessa Minerals Limited, headquartered in Perth, Australia, specializes in diamond exploration throughout Western Australia. The company holds a portfolio of 20 exploration licenses, encompassing both granted permits and pending applications. These licenses collectively span a substantial 2,600 square kilometers within the Kimberley region, covering the Aries, Ellendale, Calwynyardah, and Noonkanbah Projects. Originally incorporated in 1935, the entity was previously known as Fargo Enterprises Limited before officially adopting the name Odessa Minerals Limited in January 2022.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers.