Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Oakajee Corporation Limited engages in the exploration and development of mineral properties in Australia. The company holds interests in the Paynes Find Gold Project that covers an area of 112 square kilometers located in Western Australia; and the Birrindudu Nickel Project covering an area of 1,116 square kilometers located in the Northern Territory. The company was formerly known as Australian Stone Creations Limited and changed its name to Oakajee Corporation Limited in January 2008. Oakajee Corporation Limited was incorporated in 2006 and is based in Nedlands, Australia.
Company Valuation
Based on key historical and expected multiples, the stock is overvalued relative to its peers.