Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Renegade Exploration Limited is an Australian-based company that undertakes the discovery, acquisition, exploration, and development of mineral resources. Its primary focus lies in identifying and advancing copper and gold deposits across Australia. The company has a significant presence in Queensland, holding a 23% interest in the Carpentaria Joint Venture project, which is located in the mineral-rich Cloncurry region. Furthermore, Renegade holds an option to acquire a controlling 75% stake in the North Isa project, also situated within Queensland. Established in 2005, the company was formerly known as Overland Resource Limited and is headquartered in West Perth, Australia.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers.