Risk factor
Very high price volatility
Profitability factor
Favourable price performance
About
Prospect Resources Limited engages in the exploration, evaluation, and development of mineral resources in Zimbabwe. The company primarily explores for lithium deposits. Its flagship project is the Arcadia lithium project that covers an area of approximately 10 square kilometers of granted mining lease located to the east of Harare, Zimbabwe. The company was incorporated in 2007 and is headquartered in West Perth, Australia.
Company Valuation
Considering past and projected metrics, the stock is neither 'expensive' nor 'cheap' compared to its peers. In particular, the stock is 'cheap' on EV/EBITDA.
Target Price
The average target price of PSC.AX is 0.45 and suggests 34% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to incr
Buy
Sell