Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Ormonde Mining plc engages in the acquisition, exploration, and development of mineral resource projects in Spain and Ireland. It holds interest in the Salamanca and Zamora Gold projects consisting of 48% interests in two investigation permits in Salamanca province totaling 69 square kilometers and 44% interests in two investigation permits in Zamora province totaling approximately 37 square kilometers located in Spain. The company was formerly known as Burmin Exploration and Development plc and changed its name to Ormonde Mining plc in August 1995. Ormonde Mining plc was incorporated in 1983 and is headquartered in Clonee, Ireland.
Company Valuation
Based on key historical and expected multiples, the stock is fairly valued relative to its peers. Specifically, the stock is 'cheap' on P/E.