Risk factor
Very high price volatility
Profitability factor
Very favourable analyst view
About
WA1 Resources Ltd engages in the mineral exploration business in Western Australia. It explores for iron oxide, copper, and gold deposits. The company's flagship project is the 100% owned West Arunta project comprising three granted exploration tenements covering an area of approximately 267 square kilometers located in the West Arunta Orogen. WA1 Resources Ltd was incorporated in 2021 and is based in Nedlands, 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 WA1.AX is 27 and suggests 90% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa
