Risk factor
Very high price volatility
Profitability factor
Very low or no dividends
About
Walkabout Resources Limited explores for and develops resources and energy assets in Tanzania, Namibia, Scotland, and Northern Ireland. The company explores for graphite, coal, copper, gold, and lithium deposits, as well as zinc, lead, silver, and base metals. Its flagship property is the Lindi Jumbo project situated in south-eastern Tanzania. The company was formerly known as Nimrodel Resources Limited and changed its name to Walkabout Resources Limited in April 2013. Walkabout Resources Limited was incorporated in 2006 and is based in West Perth, Australia.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers.
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