Risk factor
Very high price volatility
Profitability factor
Greatly overvalued vs peers
About
Warriedar Resources Limited engages in the exploration and evaluation of mineral properties in Australia and the United States. It explores for gold and copper deposits. The company holds interests in the Golden Range and Fields Find Projects located in Western Australia; and Big Springs Gold Project located in Nevada, the United States. The company was formerly known as Anova Metals Limited. Warriedar Resources Limited was incorporated in 2010 and is based in East Perth, Australia.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers.
Target Price
The average target price of WA8.AX is 0.22 and suggests 17% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to d