Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Orion Minerals Limited explores for, evaluates, and develops mineral properties in Australia and South Africa. The company primarily explores for gold, zinc, copper, nickel, silver, and cobalt, as well as platinum group metals elements. Its flagship project is the Prieska copper-zinc project located in the Northern Cape province of South Africa. The company also holds interest in the Okiep copper project located in the north of Cape Town. In addition, it holds interest in the Namaqua-Disawell project; the Masiqhame project; and the Marydale project located in the Northern Cape province of South Africa. Further, the company holds interest in the Fraser Range project located in Western Australia; and the Walhalla project in Victoria, Australia. The company was incorporated in 2001 and is headquartered in Melbourne, 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 ORN.AX is 0.04 and suggests 21% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
