Ora Banda Mining Future Growth

Future criteria checks 6/6

Ora Banda Mining is forecast to grow earnings and revenue by 38.8% and 27.9% per annum respectively. EPS is expected to grow by 38.2% per annum. Return on equity is forecast to be 29.1% in 3 years.

Key information

38.8%

Earnings growth rate

38.2%

EPS growth rate

Metals and Mining earnings growth	10.4%
Revenue growth rate	27.9%
Future return on equity	29.1%
Analyst coverage	Low
Last updated	20 Oct 2024

Recent future growth updates

Recent updates

Ora Banda Mining Limited's (ASX:OBM) Price Is Right But Growth Is Lacking After Shares Rocket 34%

Oct 18

A Piece Of The Puzzle Missing From Ora Banda Mining Limited's (ASX:OBM) 32% Share Price Climb

Aug 30

Investors Still Aren't Entirely Convinced By Ora Banda Mining Limited's (ASX:OBM) Revenues Despite 27% Price Jump

Jul 12

Improved Revenues Required Before Ora Banda Mining Limited (ASX:OBM) Shares Find Their Feet

Apr 24

Earnings and Revenue Growth Forecasts

ASX:OBM - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	593	189	217	260	2
6/30/2026	590	192	205	295	2
6/30/2025	444	143	137	238	2
6/30/2024	214	28	-33	36	N/A
3/31/2024	190	8	-39	15	N/A
12/31/2023	167	-12	-46	-7	N/A
9/30/2023	151	-28	-43	-15	N/A
6/30/2023	136	-44	-40	-23	N/A
3/31/2023	138	-80	-26	-8	N/A
12/31/2022	140	-116	-12	8	N/A
9/30/2022	147	-102	-13	16	N/A
6/30/2022	154	-88	-14	25	N/A
3/31/2022	129	-47	-30	15	N/A
12/31/2021	105	-7	-46	6	N/A
9/30/2021	65	-15	-53	-3	N/A
6/30/2021	25	-22	-59	-11	N/A
3/31/2021	13	-16	-49	-11	N/A
12/31/2020	N/A	-10	-40	-12	N/A
9/30/2020	N/A	-8	-30	-11	N/A
6/30/2020	N/A	-7	-21	-11	N/A
3/31/2020	0	7	-24	-17	N/A
12/31/2019	0	20	-27	-23	N/A
9/30/2019	3	14	-27	-24	N/A
6/30/2019	6	8	-27	-25	N/A
3/31/2019	13	-39	-31	-25	N/A
12/31/2018	19	-87	-35	-26	N/A
9/30/2018	17	-86	-35	-25	N/A
6/30/2018	16	-86	-36	-25	N/A
3/31/2018	10	-59	N/A	-25	N/A
12/31/2017	4	-32	N/A	-24	N/A
9/30/2017	2	-25	N/A	-21	N/A
6/30/2017	N/A	-18	N/A	-19	N/A
3/31/2017	0	-17	N/A	-13	N/A
12/31/2016	0	-16	N/A	-8	N/A
9/30/2016	0	-17	N/A	-8	N/A
6/30/2016	0	-18	N/A	-9	N/A
3/31/2016	0	-13	N/A	-6	N/A
12/31/2015	0	-8	N/A	-3	N/A
9/30/2015	0	-8	N/A	-3	N/A
6/30/2015	0	-8	N/A	-2	N/A
3/31/2015	-1	-7	N/A	N/A	N/A
12/31/2014	-1	-7	N/A	-3	N/A
9/30/2014	0	-7	N/A	-5	N/A
6/30/2014	0	-6	N/A	-7	N/A
3/31/2014	1	-16	N/A	N/A	N/A
12/31/2013	1	-25	N/A	-7	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: OBM's forecast earnings growth (38.8% per year) is above the savings rate (2.6%).

Earnings vs Market: OBM's earnings (38.8% per year) are forecast to grow faster than the Australian market (12.4% per year).

High Growth Earnings: OBM's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: OBM's revenue (27.9% per year) is forecast to grow faster than the Australian market (5.7% per year).

High Growth Revenue: OBM's revenue (27.9% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: OBM's Return on Equity is forecast to be high in 3 years time (29.1%)

Ora Banda Mining Future Growth

Future criteria checks 6/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 37%

Price target increased by 14% to AU$0.56

Forecast breakeven date pushed back to 2025

Forecast breakeven date pushed back to 2025

Price target increased by 15% to AU$0.46

Ora Banda Mining Limited Revises Production Guidance for the Fiscal Year 2022

Recent updates

Ora Banda Mining Limited's (ASX:OBM) Price Is Right But Growth Is Lacking After Shares Rocket 34%

Consensus EPS estimates increase by 37%

Full year 2024 earnings released: EPS: AU$0.016 (vs AU$0.032 loss in FY 2023)

Price target increased by 14% to AU$0.56

A Piece Of The Puzzle Missing From Ora Banda Mining Limited's (ASX:OBM) 32% Share Price Climb

Ora Banda Mining Limited, Annual General Meeting, Nov 20, 2024

High number of new and inexperienced directors

Forecast breakeven date pushed back to 2025

Less than half of directors are independent

Investors Still Aren't Entirely Convinced By Ora Banda Mining Limited's (ASX:OBM) Revenues Despite 27% Price Jump

Forecast breakeven date pushed back to 2025

Price target increased by 15% to AU$0.46

Improved Revenues Required Before Ora Banda Mining Limited (ASX:OBM) Shares Find Their Feet

First half 2024 earnings released: EPS: AU$0.006 (vs AU$0.015 loss in 1H 2023)

Ora Banda Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 30 million.

Ora Banda Mining Limited Announces Updated Estimates for Its Davyhurst Gold Project ("Dgp") Mineral Resources and Ore Reserves

Health Check: How Prudently Does Ora Banda Mining (ASX:OBM) Use Debt?

Full year 2023 earnings released: AU$0.032 loss per share (vs AU$0.08 loss in FY 2022)

Ora Banda Mining Limited, Annual General Meeting, Nov 28, 2023

New minor risk - Market cap size

Ora Banda Mining Limited, Annual General Meeting, Jun 08, 2023

First half 2023 earnings released: AU$0.015 loss per share (vs AU$0.007 profit in 1H 2022)

Ora Banda Mining Limited Updates Estimate of Mineral Resources and Maiden Ore Reserve for Its Riverina Underground

Ora Banda Mining Limited Provides Exploration Update

Ora Banda Mining Limited Announces Chief Financial Officer Changes

Ora Banda Mining Limited Announces Riverina Exploration Update

Less than half of directors are independent

Ora Banda Mining Limited Announces Riverina Exploration Update

Ora Banda Mining Limited Announces Management Changes

Ora Banda Mining Limited Announces Appointment of Managing Director and Director Resignations

Ora Banda Mining Limited, Annual General Meeting, Nov 23, 2022

Ora Banda Mining Limited Announces Non-Executive Director Changes

Ora Banda Mining Limited Announces Appointment of Luke Creagh as Chief Executive Officer

Ora Banda Mining Limited Announces Five New Targets to Be Drilled At Greater Callion

Insufficient new directors

Ora Banda Mining Limited Announces Operations Update

Ora Banda Mining Limited Announces CEO Changes

Ora Banda Mining Limited Revises Production Guidance for the Fiscal Year 2022

TNT Mines Ltd (ASX: TIN) agreed to acquire Mt Ida Gold Pty Ltd from Ora Banda Mining Limited (ASX: OBM) for AUD 11 million.

TNT Mines Limited (ASX:TIN) signed a non-binding and exclusive term sheet to acquire Mount Ida from Ora Banda Mining Limited (ASX:OBM) for AUD 11 million.

We're A Little Worried About Ora Banda Mining's (ASX:OBM) Cash Burn Rate

Non-Executive Chairman recently bought AU$52k worth of stock

Ora Banda Mining Limited announced that it expects to receive AUD 21.107793 million in funding

Ora Banda Mining Limited Announces Assay Results for the Golden Eagle Deposit

Ora Banda Mining Limited Provides Operational Update of Davyhurst Gold Project

Non-Executive Chairman recently bought AU$99k worth of stock

Ora Banda Mining Limited Announces Further Riverina South and Riverina Underground Assay Results from the Infill Drilling Program That Recommenced in January 2021

New 90-day low: AU$0.26

Ora Banda Mining Limited Announces Management Changes Effective 2 April 2021

We're Keeping An Eye On Ora Banda Mining's (ASX:OBM) Cash Burn Rate

Ora Banda Mining Limited Announce Riverina South Assay Results from the Infill Drilling Program

Ora Banda Mining Limited Process Plant Successfully Recommissions First Gold Poured

Do Insiders Own Lots Of Shares In Ora Banda Mining Limited (ASX:OBM)?

New 90-day low: AU$0.27

Ora Banda Mining Limited (ASX:OBM) Insiders Increased Their Holdings

New 90-day low: AU$0.28

New 90-day low: AU$0.30

Ora Banda Mining Limited Announces Maiden Mineral Resource of 43,000 Au Ounces At Its Riverina South Project

Ora Banda Mining Limited Provides Update on Gold Production At Davyhurst Gold Project

New 90-day high - AU$0.38

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies