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...
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. Specifically, the stock is overvalued on EV/EBITDA.
Target Price
The average target price of WA1.AX is 27 and suggests 59% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa
Buy
Sell