Risk factor
Very high price volatility
Profitability factor
Favourable analyst view
About
Tamboran Resources Limited is an Australian natural gas company specializing in the development of unconventional gas reserves. Its portfolio includes significant stakes in exploration licenses within the Northern Territory's Beetaloo Sub-basin. These comprise EP 161, spanning around 10,500 square kilometers, and EP 136, covering approximately 4,230 square kilometers, alongside EP 143 and an active application for EP(A) 197. Founded in 2009, the company maintains its headquarters in Manly, Australia.
Company Valuation
From both historical and forecast perspectives, the stock is overpriced compared to similar stocks.
Target Price
The average target price of TBN.AX is 0.39 and suggests 52.9% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in