Risk factor
Very high price volatility
Profitability factor
Strong growth
About
Polymetals Resources Ltd engages in the exploration and development of gold projects in West Africa. The company holds 100% interests in the Alahiné licence covering an area of approximately 64.2 square kilometers; and the Mansala licence covering an area of approximately 48.2 square kilometers located in the Siguiri Basin. Polymetals Resources Ltd was incorporated in 2020 and is based in Sydney, Australia.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is reasonably priced on P/E.
Target Price
The average target price of POL.AX is 1.4 and suggests 47% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incre