View ValuationOra Banda Mining 향후 성장Future 기준 점검 6/6Ora Banda Mining (는) 각각 연간 23.6% 및 24.5% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 26.7% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 42.1% 로 예상됩니다.핵심 정보23.6%이익 성장률26.70%EPS 성장률Metals and Mining 이익 성장14.5%매출 성장률24.5%향후 자기자본이익률42.09%애널리스트 커버리지Low마지막 업데이트18 May 2026최근 향후 성장 업데이트Price Target Changed • May 19Price target increased by 7.6% to AU$1.95Up from AU$1.81, the current price target is an average from 5 analysts. New target price is 47% above last closing price of AU$1.33. Stock is up 31% over the past year. The company is forecast to post earnings per share of AU$0.14 for next year compared to AU$0.10 last year.Price Target Changed • Apr 18Price target increased by 7.1% to AU$1.83Up from AU$1.71, the current price target is an average from 5 analysts. New target price is 23% above last closing price of AU$1.49. Stock is up 28% over the past year. The company is forecast to post earnings per share of AU$0.14 for next year compared to AU$0.10 last year.Price Target Changed • Mar 12Price target increased by 8.9% to AU$1.74Up from AU$1.60, the current price target is an average from 4 analysts. New target price is 21% above last closing price of AU$1.44. Stock is up 37% over the past year. The company is forecast to post earnings per share of AU$0.14 for next year compared to AU$0.10 last year.Major Estimate Revision • Jan 30Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from AU$919.5m to AU$884.1m. EPS estimate also fell from AU$0.154 per share to AU$0.13 per share. Net income forecast to grow 51% next year vs 24% growth forecast for Metals and Mining industry in Australia. Consensus price target up from AU$1.52 to AU$1.64. Share price fell 19% to AU$1.28 over the past week.Price Target Changed • Jan 29Price target increased by 12% to AU$1.71Up from AU$1.52, the current price target is an average from 4 analysts. New target price is 18% above last closing price of AU$1.45. Stock is up 84% over the past year. The company is forecast to post earnings per share of AU$0.17 for next year compared to AU$0.10 last year.Price Target Changed • Jan 09Price target increased by 9.2% to AU$1.48Up from AU$1.36, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of AU$1.52. Stock is up 103% over the past year. The company is forecast to post earnings per share of AU$0.17 for next year compared to AU$0.10 last year.모든 업데이트 보기Recent updates속보 • May 20Ora Banda Mining Approves A$465 Million Plan to Target 300000 Ounces Annual Gold OutputOra Banda Mining has approved its "DRIVE to 300" expansion plan, outlining A$465m of spending aimed at lifting annual gold production to around 300,000 ounces over three years, including a new 3.0 Mtpa processing plant at Davyhurst targeted for commissioning in Q3 FY28. The company reported a record March quarter at the Davyhurst project, with gold production up 21% quarter on quarter to 38,766 ounces and 38,637 ounces sold, while internally funding A$63m of growth investments such as restarting open pit mining at Waihi and advancing a new plant study. Ore reserves have more than doubled, with total mineral resources now at 3.57 million ounces after a 1.46 million ounce increase, and Waihi and Round Dam contributing maiden underground and open pit ore reserves respectively. The combination of record quarterly output, a larger reserve base and a funded multi-year expansion plan points to a company that is scaling up its Davyhurst operation around a clearer production target and timeline. You should watch execution risk on the A$375m to A$465m plant and expansion spend, as well as the company’s reliance on future cashflows and debt to fund that program.Price Target Changed • May 19Price target increased by 7.6% to AU$1.95Up from AU$1.81, the current price target is an average from 5 analysts. New target price is 47% above last closing price of AU$1.33. Stock is up 31% over the past year. The company is forecast to post earnings per share of AU$0.14 for next year compared to AU$0.10 last year.Valuation Update With 7 Day Price Move • May 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to AU$1.31, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 3x in the Metals and Mining industry in Australia. Total returns to shareholders of 867% over the past three years.Price Target Changed • Apr 18Price target increased by 7.1% to AU$1.83Up from AU$1.71, the current price target is an average from 5 analysts. New target price is 23% above last closing price of AU$1.49. Stock is up 28% over the past year. The company is forecast to post earnings per share of AU$0.14 for next year compared to AU$0.10 last year.Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to AU$1.36, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 4x in the Metals and Mining industry in Australia. Total returns to shareholders of 803% over the past three years.New Risk • Mar 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (67% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).Price Target Changed • Mar 12Price target increased by 8.9% to AU$1.74Up from AU$1.60, the current price target is an average from 4 analysts. New target price is 21% above last closing price of AU$1.44. Stock is up 37% over the past year. The company is forecast to post earnings per share of AU$0.14 for next year compared to AU$0.10 last year.Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to AU$1.17, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 1x in the Metals and Mining industry in Australia. Total returns to shareholders of 796% over the past three years.Reported Earnings • Mar 02First half 2026 earnings released: EPS: AU$0.049 (vs AU$0.028 in 1H 2025)First half 2026 results: EPS: AU$0.049 (up from AU$0.028 in 1H 2025). Revenue: AU$336.3m (up 80% from 1H 2025). Net income: AU$96.3m (up 89% from 1H 2025). Profit margin: 29% (up from 27% in 1H 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 124% per year whereas the company’s share price has increased by 129% per year.Valuation Update With 7 Day Price Move • Jan 30Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to AU$1.28, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 2x in the Metals and Mining industry in Australia. Total returns to shareholders of 1,355% over the past three years.Major Estimate Revision • Jan 30Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from AU$919.5m to AU$884.1m. EPS estimate also fell from AU$0.154 per share to AU$0.13 per share. Net income forecast to grow 51% next year vs 24% growth forecast for Metals and Mining industry in Australia. Consensus price target up from AU$1.52 to AU$1.64. Share price fell 19% to AU$1.28 over the past week.Price Target Changed • Jan 29Price target increased by 12% to AU$1.71Up from AU$1.52, the current price target is an average from 4 analysts. New target price is 18% above last closing price of AU$1.45. Stock is up 84% over the past year. The company is forecast to post earnings per share of AU$0.17 for next year compared to AU$0.10 last year.공시 • Jan 20Ora Banda Mining Limited Announces Executive ChangesOra Banda Mining Limited announced the appointment of John Sanders as the Company’s General Counsel & Joint Company Secretary, effective January 20, 2026. Mr. Sanders has 30 years’ experience in corporate law, governance and company secretarial matters. His most recent roles have included General Counsel & Company Secretary at ASX-listed Allkem Limited and Leo Lithium Ltd. Susan Park will continue as Joint Company Secretary and the person responsible for communication with ASX on behalf of the Company. Doug Warden has resigned as Joint Company Secretary following Mr. Sanders’ appointment to that role but remains the Company’s Chief Financial Officer.Price Target Changed • Jan 09Price target increased by 9.2% to AU$1.48Up from AU$1.36, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of AU$1.52. Stock is up 103% over the past year. The company is forecast to post earnings per share of AU$0.17 for next year compared to AU$0.10 last year.Valuation Update With 7 Day Price Move • Dec 18Investor sentiment improves as stock rises 18%After last week's 18% share price gain to AU$1.49, the stock trades at a forward P/E ratio of 10x. Average trailing P/E is 23x in the Metals and Mining industry in Australia. Total returns to shareholders of 1,880% over the past three years.Recent Insider Transactions Derivative • Dec 01CEO, MD & Director exercised options and sold AU$13m worth of stockOn the 27th of November, Luke Creagh exercised options to acquire 10m shares at no cost and sold these for an average price of AU$1.25 per share. This trade did not impact their existing holding. For the year to June 2023, Luke's total compensation was 17% salary and 83% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2025, Luke has owned 64.32m shares directly. This was the only transaction from an insider over the last 12 months.분석 기사 • Nov 12Shareholders May Not Be So Generous With Ora Banda Mining Limited's (ASX:OBM) CEO Compensation And Here's WhyKey Insights Ora Banda Mining to hold its Annual General Meeting on 19th of November CEO Luke Creagh's total...Major Estimate Revision • Oct 25Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from AU$825.9m to AU$866.5m. EPS estimate increased from AU$0.128 to AU$0.145 per share. Net income forecast to grow 49% next year vs 29% growth forecast for Metals and Mining industry in Australia. Consensus price target up from AU$1.19 to AU$1.33. Share price fell 6.3% to AU$1.26 over the past week.Price Target Changed • Oct 21Price target increased by 12% to AU$1.33Up from AU$1.19, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of AU$1.37. Stock is up 59% over the past year. The company is forecast to post earnings per share of AU$0.13 for next year compared to AU$0.10 last year.Price Target Changed • Oct 17Price target increased by 13% to AU$1.27Up from AU$1.12, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of AU$1.33. Stock is up 75% over the past year. The company is forecast to post earnings per share of AU$0.13 for next year compared to AU$0.10 last year.Major Estimate Revision • Oct 01Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from AU$740.9m to AU$789.5m. EPS estimate increased from AU$0.106 to AU$0.12 per share. Net income forecast to grow 28% next year vs 24% growth forecast for Metals and Mining industry in Australia. Consensus price target up from AU$1.06 to AU$1.16. Share price rose 6.8% to AU$1.18 over the past week.Price Target Changed • Oct 01Price target increased by 9.5% to AU$1.16Up from AU$1.06, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of AU$1.18. Stock is up 95% over the past year. The company is forecast to post earnings per share of AU$0.12 for next year compared to AU$0.10 last year.분석 기사 • Sep 27Ora Banda Mining (ASX:OBM) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improves as stock rises 15%After last week's 15% share price gain to AU$1.11, the stock trades at a forward P/E ratio of 10x. Average trailing P/E is 19x in the Metals and Mining industry in Australia. Total returns to shareholders of 1,742% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$1.29 per share.Buy Or Sell Opportunity • Sep 16Now 23% undervaluedOver the last 90 days, the stock has risen 3.7% to AU$0.98. The fair value is estimated to be AU$1.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings are forecast to decline by 4.9% per annum over the same time period.Price Target Changed • Sep 09Price target increased by 11% to AU$1.05Up from AU$0.95, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of AU$1.05. Stock is up 79% over the past year. The company is forecast to post earnings per share of AU$0.11 for next year compared to AU$0.10 last year.New Risk • Sep 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 4.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 4.9% per year for the foreseeable future. High level of non-cash earnings (78% accrual ratio).Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improves as stock rises 28%After last week's 28% share price gain to AU$1.08, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 1x in the Metals and Mining industry in Australia. Total returns to shareholders of 1,670% over the past three years.Price Target Changed • Sep 04Price target increased by 7.1% to AU$1.00Up from AU$0.93, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of AU$0.98. Stock is up 82% over the past year. The company is forecast to post earnings per share of AU$0.11 for next year compared to AU$0.10 last year.분석 기사 • Sep 02Ora Banda Mining (ASX:OBM) Is Posting Healthy Earnings, But It Is Not All Good NewsOra Banda Mining Limited's ( ASX:OBM ) stock rose after it released a robust earnings report. Despite the strong profit...분석 기사 • Aug 30Ora Banda Mining Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextThe investors in Ora Banda Mining Limited 's ( ASX:OBM ) will be rubbing their hands together with glee today, after...공시 • Aug 28Ora Banda Mining Limited, Annual General Meeting, Nov 19, 2025Ora Banda Mining Limited, Annual General Meeting, Nov 19, 2025. Location: the vibe hotel, 9 alvan street, subiaco western australia Australia분석 기사 • Aug 27Ora Banda Mining Limited (ASX:OBM) Held Back By Insufficient Growth Even After Shares Climb 28%Ora Banda Mining Limited ( ASX:OBM ) shareholders are no doubt pleased to see that the share price has bounced 28% in...Reported Earnings • Aug 26Full year 2025 earnings released: EPS: AU$0.10 (vs AU$0.016 in FY 2024)Full year 2025 results: EPS: AU$0.10 (up from AU$0.016 in FY 2024). Revenue: AU$404.3m (up 89% from FY 2024). Net income: AU$186.1m (up AU$158.5m from FY 2024). Profit margin: 46% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has increased by 145% per year, which means it is tracking significantly ahead of earnings growth.Major Estimate Revision • Aug 01Consensus EPS estimates increase by 19%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from AU$0.051 to AU$0.06. Revenue forecast steady at AU$404.4m. Net income forecast to grow 115% next year vs 16% growth forecast for Metals and Mining industry in Australia. Consensus price target of AU$0.93 unchanged from last update. Share price fell 7.1% to AU$0.65 over the past week.Price Target Changed • Jul 16Price target decreased by 12% to AU$0.93Down from AU$1.06, the current price target is an average from 3 analysts. New target price is 39% above last closing price of AU$0.67. Stock is up 49% over the past year. The company is forecast to post earnings per share of AU$0.051 for next year compared to AU$0.016 last year.Major Estimate Revision • Jul 15Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from AU$418.5m to AU$408.5m. EPS estimate also fell from AU$0.057 per share to AU$0.051 per share. Net income forecast to grow 114% next year vs 17% growth forecast for Metals and Mining industry in Australia. Consensus price target down from AU$1.06 to AU$0.98. Share price rose 2.2% to AU$0.70 over the past week.Price Target Changed • Jul 14Price target decreased by 10% to AU$0.98Down from AU$1.09, the current price target is an average from 3 analysts. New target price is 39% above last closing price of AU$0.70. Stock is up 64% over the past year. The company is forecast to post earnings per share of AU$0.051 for next year compared to AU$0.016 last year.공시 • Jul 11Ora Banda Mining Limited Provides Production Guidance for the Fiscal Year 2026Ora Banda Mining Limited provided production guidance for the fiscal year 2026. For the period, the company expects gold production to be in the range of 140,000oz - 155,000oz.분석 기사 • Jun 27The Market Doesn't Like What It Sees From Ora Banda Mining Limited's (ASX:OBM) Revenues Yet As Shares Tumble 25%Unfortunately for some shareholders, the Ora Banda Mining Limited ( ASX:OBM ) share price has dived 25% in the last...Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 23%After last week's 23% share price gain to AU$1.26, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 4x in the Metals and Mining industry in Australia. Total returns to shareholders of 3,718% over the past three years.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to AU$1.24, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 2x in the Metals and Mining industry in Australia. Total returns to shareholders of 2,380% over the past three years.Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improves as stock rises 22%After last week's 22% share price gain to AU$1.13, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 2x in the Metals and Mining industry in Australia. Total returns to shareholders of 2,160% over the past three years.Reported Earnings • Mar 03First half 2025 earnings released: EPS: AU$0.028 (vs AU$0.006 in 1H 2024)First half 2025 results: EPS: AU$0.028 (up from AU$0.006 in 1H 2024). Revenue: AU$186.4m (up 94% from 1H 2024). Net income: AU$50.8m (up 371% from 1H 2024). Profit margin: 27% (up from 11% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has increased by 170% per year, which means it is tracking significantly ahead of earnings growth.공시 • Feb 28Ora Banda Mining Limited Announces Executive Changes, Effective February 28, 2025Ora Banda Mining Limited announced the appointment of Julie Athanasoff as the Company's Joint Company Secretary, effective from 28 February 2025. Ms. Athanasoff joined Ora Banda as General Counsel in October 2024. She was previously a corporate advisory partner at Gilbert + Tobin and has held senior roles at OZ Minerals Limited, as Company Secretary and Group Manager Legal. Doug Warden steps down as Joint Company Secretary effective from 28 February 2025 and will continue as Chief Financial Officer with the Company. Susan Park will continue as Joint Company Secretary and the person responsible for communication with ASX on behalf of the Company.Price Target Changed • Feb 13Price target increased by 11% to AU$0.94Up from AU$0.84, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of AU$0.95. Stock is up 296% over the past year. The company is forecast to post earnings per share of AU$0.063 for next year compared to AU$0.016 last year.분석 기사 • Jan 31Ora Banda Mining Limited (ASX:OBM) Stock Catapults 28% Though Its Price And Business Still Lag The IndustryOra Banda Mining Limited ( ASX:OBM ) shareholders are no doubt pleased to see that the share price has bounced 28% in...Major Estimate Revision • Jan 17Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from AU$441.4m to AU$418.5m. EPS estimate also fell from AU$0.076 per share to AU$0.068 per share. Net income forecast to grow 353% next year vs 19% growth forecast for Metals and Mining industry in Australia. Consensus price target broadly unchanged at AU$0.84. Share price fell 2.7% to AU$0.73 over the past week.분석 기사 • Dec 18Ora Banda Mining (ASX:OBM) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Recent Insider Transactions Derivative • Nov 30CEO, MD & Director exercised options and sold AU$8.8m worth of stockOn the 25th of November, Luke Creagh exercised options to acquire 12m shares at no cost and sold these for an average price of AU$0.74 per share. This trade did not impact their existing holding. For the year to June 2023, Luke's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2023, Luke has owned 62.32m shares directly. This was the only transaction from an insider over the last 12 months.분석 기사 • Oct 18Ora Banda Mining Limited's (ASX:OBM) Price Is Right But Growth Is Lacking After Shares Rocket 34%Ora Banda Mining Limited ( ASX:OBM ) shares have continued their recent momentum with a 34% gain in the last month...Major Estimate Revision • Oct 18Consensus EPS estimates increase by 37%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from AU$389.2m to AU$401.3m. EPS estimate increased from AU$0.046 to AU$0.063 per share. Net income forecast to grow 220% next year vs 24% growth forecast for Metals and Mining industry in Australia. Consensus price target up from AU$0.66 to AU$0.76. Share price rose 28% to AU$0.81 over the past week.Reported Earnings • Sep 27Full year 2024 earnings released: EPS: AU$0.016 (vs AU$0.032 loss in FY 2023)Full year 2024 results: EPS: AU$0.016 (up from AU$0.032 loss in FY 2023). Revenue: AU$214.2m (up 58% from FY 2023). Net income: AU$27.6m (up AU$71.7m from FY 2023). Profit margin: 13% (up from net loss in FY 2023). Production and reserves: Gold Production: 69.932 troy koz (48.023 troy koz in FY 2023) Proved and probable reserves (ore): 2.217 Mt Number of mines: 1 (5 in FY 2023) Revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 91% per year, which means it is tracking significantly ahead of earnings growth.Price Target Changed • Sep 03Price target increased by 14% to AU$0.56Up from AU$0.49, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of AU$0.58. Stock is up 486% over the past year. The company is forecast to post earnings per share of AU$0 next year compared to a net loss per share of AU$0.032 last year.분석 기사 • Aug 30A Piece Of The Puzzle Missing From Ora Banda Mining Limited's (ASX:OBM) 32% Share Price ClimbDespite an already strong run, Ora Banda Mining Limited ( ASX:OBM ) shares have been powering on, with a gain of 32% in...공시 • Aug 16Ora Banda Mining Limited, Annual General Meeting, Nov 20, 2024Ora Banda Mining Limited, Annual General Meeting, Nov 20, 2024. Location: at the vibe hotel, 9 alvan street, western australia, subiaco AustraliaBoard Change • Aug 01High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive Chairman Peter Mansell is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.Breakeven Date Change • Jul 24Forecast breakeven date pushed back to 2025The 2 analysts covering Ora Banda Mining previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of AU$88.9m in 2025. Average annual earnings growth of 107% is required to achieve expected profit on schedule.Board Change • Jul 13Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Chairman Peter Mansell is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Director Jo-Anne Dudley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.분석 기사 • Jul 12Investors Still Aren't Entirely Convinced By Ora Banda Mining Limited's (ASX:OBM) Revenues Despite 27% Price JumpOra Banda Mining Limited ( ASX:OBM ) shareholders have had their patience rewarded with a 27% share price jump in the...Breakeven Date Change • Jun 30Forecast breakeven date pushed back to 2025The 2 analysts covering Ora Banda Mining previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of AU$91.0m in 2025. Average annual earnings growth of 94% is required to achieve expected profit on schedule.Price Target Changed • Jun 13Price target increased by 15% to AU$0.46Up from AU$0.40, the current price target is an average from 2 analysts. New target price is 24% above last closing price of AU$0.37. Stock is up 174% over the past year. The company is forecast to post earnings per share of AU$0.01 next year compared to a net loss per share of AU$0.032 last year.분석 기사 • Apr 24Improved Revenues Required Before Ora Banda Mining Limited (ASX:OBM) Shares Find Their FeetOra Banda Mining Limited's ( ASX:OBM ) price-to-sales (or "P/S") ratio of 3.3x might make it look like a strong buy...Reported Earnings • Mar 16First half 2024 earnings released: EPS: AU$0.006 (vs AU$0.015 loss in 1H 2023)First half 2024 results: EPS: AU$0.006 (up from AU$0.015 loss in 1H 2023). Revenue: AU$96.4m (up 47% from 1H 2023). Net income: AU$10.8m (up AU$32.0m from 1H 2023). Profit margin: 11% (up from net loss in 1H 2023). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has remained flat, which means it is well ahead of earnings.공시 • Mar 07Ora Banda Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 30 million.Ora Banda Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 30 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 136,363,637 Price\Range: AUD 0.22 Discount Per Security: AUD 0.0022 Transaction Features: Subsequent Direct Listing공시 • Oct 26Ora Banda Mining Limited Announces Updated Estimates for Its Davyhurst Gold Project ("Dgp") Mineral Resources and Ore ReservesOra Banda Mining Limited announce updated estimates for its Davyhurst Gold Project ("DGP") Mineral Resources and Ore Reserves as at 30 June 2023. The Mineral Resource Statement for Riverina Area, British Lion, Silver Tongue, Forehand, Sand King, Missouri, Waihi, Callion and Golden Eagle is reported according to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code) 2012 edition. DGP Mineral Resources are now 1.8M oz compared to 2.0M oz in FY23. Lady Ida Resources totalling 318 oz have been removed from the statement in anticipation of the conclusion to the sale of applicable Lady Ida Tenements. Significant additions to the DGP Mineral Resources come from Riverina Underground, reported on 16 February 2022, where ounces increased by 50% to 303,000 oz. Missouri Mineral Resources were re-estimated and depleted for mining as at 30 June 2023, resulting in a minor reduction in ounces. Sand King Open Pit Mineral Resources were re-estimated, resulting in a minor increase (6%) in ounces. The Sand King Underground Mineral Resource remains unchanged. The Waihi Mineral Resource was re-estimated resulting in a 6% increase in ounces. All Measured and Indicated Mineral Resources within the pit envelopes were included in the Probable Ore Reserve estimate, where the resource exceeded the economic cut-off grade, following the application of mining dilution and ore loss modifying factors. Any Inferred Mineral Resource contained within the optimised pit envelopes was treated as waste with zero grade. Existing surface stockpiles are not included in the Mineral Resources. The Ore Reserve was estimated from the relevant Mineral Resource estimates referred to in this announcement. These Mineral Resources were depleted to 30 June 2023. The Ore Reserve was generated from design studies using current costs as well as geotechnical, dilution and recovery parameters. Costs were derived from the FY24 budget estimate including contract pricing current at the date of this Ore Reserve. Unit costs for haulage, processing and site overheads were estimated based on full utilisation of process plant capacity using material above the economic cut-off grade. Fullutilisation of process capacity is reliant on realising expected conversion of further Mineral Resource to Ore Reserve or supplementing plant feed by toll treating third party sources. Mineral Resource updates and mining depletions are factored in alongside operational efficiencies to form a robust business case on which to build a strong future for Ora Banda. TheMineral Resource of 1.8Moz also provides extensive future organic growth opportunities for the Company. All economic Mineral Resource within the mining envelopes classified as Measured was classified as Proved within the Ore Reserve following the application of modifying factors. All economic Mineral Resource within the mining envelopes classified as Indicated was classified as Probable within the Ore Reserve following the application of modifying factors. All surface stockpiles above the economic cut-off were classified as Proved.분석 기사 • Sep 30Health Check: How Prudently Does Ora Banda Mining (ASX:OBM) Use Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Sep 29Full year 2023 earnings released: AU$0.032 loss per share (vs AU$0.08 loss in FY 2022)Full year 2023 results: AU$0.032 loss per share (improved from AU$0.08 loss in FY 2022). Revenue: AU$135.9m (down 12% from FY 2022). Net loss: AU$44.1m (loss narrowed 50% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings.공시 • Sep 28Ora Banda Mining Limited, Annual General Meeting, Nov 28, 2023Ora Banda Mining Limited, Annual General Meeting, Nov 28, 2023, at 14:00 W. Australia Standard Time. Location: KPMG, 235 St George's Terrace Perth Western Australia AustraliaNew Risk • Aug 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$152.5m (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$12m free cash flow). Earnings have declined by 8.1% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (AU$152.5m market cap, or US$99.2m).공시 • May 05Ora Banda Mining Limited, Annual General Meeting, Jun 08, 2023Ora Banda Mining Limited, Annual General Meeting, Jun 08, 2023, at 10:00 W. Australia Standard Time. Location: Park Business Centre, 45 Ventnor Avenue, West Perth, Western Australia West Perth Western Australia Australia Agenda: To consider ratification of issue of placement shares to institutional, professional; to consider sophisticated investors under tranche 1; to issue of placement shares to Hawke’s point; to issue of placement shares to Mr. Luke Creagh; to issue of placement shares to Mr. Peter Mansell ; to issue of placement shares to Mr. Alan Rule ; to approval for the company to undertake the proposed transaction; to approval for the company to grant the royalty security; and to consider other matters if any.Reported Earnings • Mar 17First half 2023 earnings released: AU$0.015 loss per share (vs AU$0.007 profit in 1H 2022)First half 2023 results: AU$0.015 loss per share (down from AU$0.007 profit in 1H 2022). Revenue: AU$65.6m (down 18% from 1H 2022). Net loss: AU$21.2m (down 421% from profit in 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance.공시 • Feb 16Ora Banda Mining Limited Updates Estimate of Mineral Resources and Maiden Ore Reserve for Its Riverina UndergroundOra Banda Mining Limited announced an updated estimate of Mineral Resources and a maiden Ore Reserve for its Riverina Underground. OBM's new 3-Year Strategy to pivot from open pits to explore for high-grade underground mines has paid swift dividends with the release of the updated Resource and maiden Reserve for the Riverina Underground Project, with key highlights including: Riverina Underground Mineral Resource doubles to 303,000 ounces at 4.1g/t New Resource is robust with minimum mining width of 1.6m applied Resource remains open in all directions, with Phase 2 of the exploration program to commence in March 2023. Phase 2 program is targeted to extend the mineralisation envelope further south and at depth Riverina underground maiden ore reserve of 73,000 ounces averages 4.3g/t, with more Reserve conversion only limited by drilling density. Reserves calculated using gold price of AUD 1,850/oz and using a minimum mining width of 2.2m in stoping The Reserve is primarily made up of the Main Lode mineralisation only, with the Murchison lode making up less than 3% of the Reserve due to it having an inferred classification in the resource. Conversion from resources into reserves is a key component of the in-fill grade control drilling. The Phase 1 exploration program drilled 24% more holes in the 6 months from Jul-22 to Dec-22 than the entire amount of diamond drilling at Riverina Underground from 1984 to 2021. The Company has progressed setting up for the underground mine with key works completed to date including: Riverina pit mined down a further 15m to fresh rock to expose Main Portal and Ventilation Portal accesses. The underground mining tender process is well advanced and expected to be completed in March 2023. A mining commencement notice was submitted to DMIRS on 10 February 2023, with mining able to commence 45 days after this notice, therefore Ora Banda will be able to commence mining after 27 March 2023. The investment case for the FID is expected to be presented to the Ora Banda Board in the March quarter and is proposed to include consideration of inferred material that will convert to Reserve with further drilling as well as Resource extensions The Company has potential to achieve a production profile above 100koz per annum, underpinned by Reserves, with further production and reserve growth expected from resource conversion. Key points of note for the 100kozpa target include: Primarily based on Riverina Underground Project with the higher reserve grade of 4.3g/t materially increasing production and lowering costs Initial schedules under review demonstrate >600ktpa of ore is achievable and sustainable from Riverina underground. The current underground Resource of more than 300,000oz is open in all directions and a Phase 2 drilling program will target extensions to the mineralisation envelope further south and at depth.공시 • Feb 10Ora Banda Mining Limited Provides Exploration UpdateOra Banda Mining Limited provided exploration update. Highlights: Further strong results from Phase 1 drilling continue to enhance the Riverina system for underground mining potential. Latest drill results will included in an updated Mineral Resource Estimate - to be announced in February 2023. New significant intercepts include: 2.0m @ 49.8 g/t - Main Lode East; 2.0m @ 20.2 g/t - Main Lode East (including 1.5m @ 27.5g/t); 3.6m @ 10.4 g/t - Main Lode East (including 0.5m @ 74.0g/t); 1.8m @ 18.2g/t - Main Lode East; 2.5m @ 12.1g/t - Main Lode East (including 2.3m @ 13.0g/t); 4.8m @ 6.0g/t - Main Lode East (including 2.1m @ 12.6g/t); 1.4m @ 14.2g/t - Main Lode East; 3.7m @ 26.9 g/t - Main Lode West; 2.8m @ 16.8 g/t - Main Lode West (including 2.2m @ 21.0g/t); 4.1m @ 9.3g/t - Main Lode West (including 3.5m @ 10.7g/t); 6.3m @ 5.9 g/t - Main Lode West (including 3.5m @ 9.5g/t); 0.3m @ 74.0g/t - Murchison Lode; 4.0m @ 39.0 g/t - Murchison Lode (including 3.8m @ 41.3g/t); 8.8m @ 4.9 g/t - Murchison Lode (including 5.8m @ 6.8g/t); 7.5m @ 3.1g/t Murchison Lode (including 6.5m @ 3.4g/t). The Riverina mineralised system remains open at depth on multiple lodes. Phase 2 Diamond drilling scheduled to recommence in March 2023. OBM's Underground Exploration Strategy: A key pillar of OBM's 3-Year Strategy is to create value is by committing exploration expenditure targeting high-grade underground ore to enhance the potential to increase production above 100kozpa. OBM prioritised drilling of the underground extensions at Riverina in July 2022, considering: The project had an existing high-grade underground resource of 151koz at 6.6 g/t; Historical mining down to ~120 vertical metres extracted 100kt at ~12 g/t; Developing the Riverina Underground is considered a relatively quick, low capex option given the existing infrastructure in the area and the ability to develop a mine portal from the base of the current open pit; Riverina ore has been processed at the Davyhurst mill and has recoveries of ~92%. There has been limited deep drilling in the overall system which is open in all directions and was poorly tested below 250 vertical metres. The program currently underway is the first diamond drilling exploration program in more than 12 months on the tenement package. OBM is in the process of collating all exploration data and anticipates announcing a resource update in the March quarter. Main Lode: The Main Lodes are made up of two parallel structures (East and West) that are sub-vertical and ~10 to 15 metres apart. The Main Lode East is the prominent mineralised structure. The current drilling results has further proven the strike continuity of the Main Lode structure for more than. 1km and demonstrated that the system is open in all directions including high grade intercepts at depth. The success of the deepest hole drilled to date (Hole 049) greatly enhances the exploration window at depth and down plunge to the south. Deep extension diamond drilling program scheduled to commence March 2023. Murchison Lode Emerging High Grade Potential at Depth: A new, narrow vein and high-grade extension of the Murchison lode has been identified in deeper drilling that runs parallel to the existing Main Lode . The Murchison Lode is located between ~20m and ~80m east of Main Lode and is presenting as an attractive, high-grade, narrow vein underground exploration and potential mining target. This lode system was not targeted in historical drilling as previous drilling in this area was shallow and largely from the West; therefore there were no deeper intersections. The Murchison Lode has five of the top ten grades ever sampled in the Riverina system and has a proven strike of over 700m and is considered poorly tested below 200m. Deep extension diamond drilling program (March 2023) will also target the Murchison Lodes. Reggies Lode Emerging exploration window: The first hole to hit Reggies Lode at depth returned 0.7m @ 4.2 g/t & 0.5m @ 6.8 g/t greatly enhancing this untested exploration window. All previous drilling on Reggies Lode was relatively shallow targeting near surface open pit resource. Reggies at depth remains a high priority exploration target. Riverina Deposit Ideal geometry for low capital selective mining: Single decline and infrastructure can access all lodes at the same time, improving equipment efficiency and increase production rates. Grade control drilling can be done from stockpiles as the decline advances which allows for fast and accurate geological data and the ability to identify high-grade trends. Access drives off the decline can easily be optimised to ensure they are targeting the higher grade ore, such that waste development is minimised.공시 • Feb 03+ 1 more updateOra Banda Mining Limited Announces Chief Financial Officer ChangesOra Banda Mining Limited announced that Mr. Tony Brazier will be stepping down from the position of Chief Financial Officer and Joint Company Secretary, effective 6 February 2023. Tony has been with Ora Banda since relisting the Company in 2019 and has played a key role in supporting the Company through the relisting process, completion of the DFS and into production. Tony has decided to step down from the role to pursue another opportunity after completing a handover period through to mid-March 2023. Ora Banda announced the appointment of Gareth Jones as Chief Financial Officer and Joint Company Secretary, effective from 6 February 2023. Gareth is a Fellow of the Association of Chartered Certified Accountants and holds an MBA from Warwick Business School. He is an accomplished executive with over 20 years of experience in financial, governance and operational leadership across a diverse range of companies and sectors. Most recently Gareth served as Chief Financial Officer at Austin Engineering Limited. Prior to that, Gareth held various senior positions including Director of Finance and Business Services at St John of God Health Care and Chief Financial Officer and Company Secretary at Poseidon Nickel Limited.공시 • Dec 07Ora Banda Mining Limited Announces Riverina Exploration UpdateOra Banda Mining Limited announced results from Phase 1 drilling continue to expand and enhance the Riverina system for underground mining potential. Drilling has significantly extended Riverina's high-grade mineralisation more than 100m to the south and 100m vertically. The deposit remains open in all directions. The exciting results to date (29 holes from a 46 diamond hole program) have doubled the depth of known mineralisation from 240m to 480m. New significant intercepts include: 2.5m @ 29.0 g/t Main Lode East 2.4m @ 26.4 g/t Main Lode East; 1.2m @ 51.0 g/t Main Lode East; 3.4m @ 14.3 g/t Main Lode East; 2.8m @ 9.52 g/t Main Lode East; 1.0m 14.6 g/t Main Lode East; 2.0m @ 13.2 g/t Main Lode West (including 1.0m @ 25.1g/t); 1.4m @ 14.2g/t Main Lode West; 1.0m @ 40.3 g/t Murchison Lode; 0.9m @ 30.5 g/t Murchison Lode; 0.7m @ 26.1g/t Murchison Lode. The deepest hole drilled to date has intersected visible gold returning 1.0m @ 14.6g/t (Main Lode East) and 1.4m @ 14.2g/t (Main Lode West) at 480 vertical metres below surface. The exploration window and plunge continuity at depth remains untested by drilling. The deepest hole drilled to date on the Murchison Lode has intersected visible gold returning 0.7m @ 26.1g/t at a depth of 410 vertical metres - again further enhancing the exploration window at depth and along plunge. The program also hit a parallel structure known as Reggie's Lode at depth. The intercept returned 0.7m @ 4.2 g/t & 0.5m @ 6.8 g/t and adds to Riverina's prospectivity. 46 diamond holes for 13,046 metres have now been completed. Given the excellent results, the program was expanded to 54 holes for a total of 15,331 design metres. Results have been returned from 29 holes with a further 17 holes currently being processed. Eight diamond holes remain to be drilled. Given the outstanding drilling results returned to date, a Phase 2 drilling program is being designed to help the Company accelerate a potential mining decision. Main Lode Drilling: The Main Lodes are made up of two parallel structures (East and West) that are sub-vertical and approx. 10 metres Apart; The Main Lode East is the prominent mineralised structure; The current drilling results has further proven the strike continuity of the Main Lode structure for more than 1km and demonstrated that the system is open in all directions including high grade intercepts at depth; The success of the deepest hole drilled to date (Hole 049) greatly enhances the exploration window at depth and down plunge to the south; The high grade drilling intersection in Main Lode West (1.4m @ 14.2g/t) bodes well for further extensions at depth on this lode horizon. Murchison Lode Emerging High Grade Potential at Depth: A new, narrow vein and high-grade extension of the Murchison lode has been identified in deeper drilling that runs parallel to the existing Main Lode; The Murchison Lode is located between approx. 20m and approx. 80m east of Main Lode and is presenting as an attractive, high-grade, narrow vein underground mining target; This lode system was not targeted in historical drilling as previous drilling in this area was shallow and largely from the West; therefore there were no deeper intersections; The Murchison Lode has five of the top ten grades ever sampled in the Riverina system and has a proven strike of over 700m and is considered poorly tested below 200m. Reggies Lode Emerging exploration window: The first hole to hit Reggies Lode at depth returned 0.7m @ 4.2 g/t & 0.5m @ 6.8 g/t greatly enhancing this untested exploration window; All previous drilling on Reggies Lode was relatively shallow targeting near surface open pit resource; Reggies at depth remains a high priority exploration target. Riverina Ideal geometry for low capital selective mining: Single decline and infrastructure can access all lodes at the same time, improving equipment efficiency and increase production rates; Grade control drilling can be done from stockpiles as the decline advances which allows for fast and accurate geological data and the ability to identify high-grade trends; Access drives off the decline can easily be optimised to ensure they are targeting the highest grade ore, such that waste development is minimized. OBM's Underground Exploration Strategy: A key pillar of OBM's 3-Year Strategy to create value is by committing exploration expenditure targeting high-grade underground ore enhancing the potential to increase production above 100kozpa. OBM prioritised drilling of the underground extensions at Riverina in July 2022, considering: The project had an existing high-grade underground resource of 151koz at 6.6 g/t; Historical mining down to approx. 120 vertical metres extracted 100kt at approx. 12 g/t; Developing the Riverina Underground is considered a relatively quick, low capex option given the existing infrastructure in the area and the ability to develop a mine portal from the base of the current open pit; and Riverina ore has been processed at the Davyhurst mill and has recoveries of approx. 92%. There has been limited deep drilling in the overall system which is open in all directions and was poorly tested below 250 vertical metres. The program currently underway is the first diamond drilling exploration program in more than 12 months on the tenement package. OBM is in the process of collating all exploration data and anticipates announcing a resource update in the March quarter.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Alan Rule was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.공시 • Oct 19Ora Banda Mining Limited Announces Riverina Exploration UpdateOra Banda Mining Limited announced High-grade Main Lode mineralisation extended at depth High-grade extension of Murchison Lode discovered at Riverina Exploration. Highlights: Extensional drilling under the Riverina open pit has extended the Main Lode an additional 100 metres vertically with high grade intercepts of 1.2m @ 29.9 g/t and 2.8m @ 6.0 g/t. Intercepts have increased the depth of the known high grade mineralisation from ~250metres below surface to more than 350 metres below surface and the deposit remainsopen in all directions. 12 diamond holes from an initial 30 hole program have now been completed provingthe mineralised structure of the Main Lode extends more than 1km along strike. In addition to the Main Lode extensions, a high-grade extension of the Murchison Lode has been discovered which runs parallel to Riverina's existing Main lode. The Murchison Lode is located just 80m east of Main Lode, however this was historicallyconsidered low grade near the surface, with no specific targeting of this lode at depth. Initial intercepts from the Murchison Lode extension include: 0.3m @ 171 g/t from 325m (with abundant visible gold); 1.0m @ 30.8 g/t from 181m; 1.4m @ 17.8 g/t (including 0.5m @ 52.2 g/t) from 12m; 4.9m @ 4.4 g/t from 34m; The Murchison high-grade extension remains open at depth with the structure intercepted over a 700m strike length with the deepest hole hitting 0.3m @ 171 g/t. 18 more holes are to be completed by the end of December prior to updating the Resource inthe March quarter. Main Lode Drilling: The Main Lodes are made up of two parallel structures (East and West) that are sub-vertical and ~10 metresapart. The Main Lode East is the prominent mineralised structure. OBM has further proven the continuity of the Main Lode structure for more than 1km and demonstratedthat the system is open in all directions including high grade intercepts at depth. New intercepts include: 3.0m @ 19.1 g/t from 147m; 2.0m @ 12.1 g/t from 178m; 3.9m @ 4.5 g/t from 165m; 1.2m @ 29.3 g/t from 359m (~100m below previous extent of drilling); 2.8m @ 6.0 g/t from 357m (~100m below previous extent of drilling). This compliments the numerous high-grade intercepts previously reported in the main lodes, including: 7.0m @ 22.7 g/t from 240m; 5.7m @ 10.1 g/t from 144m; 5.0m @ 16.7 g/t from 200m; 2.8m @ 21.2 g/t from 254m; 1.3m @ 25.3 g/t from 218m. Murchison Lode Emerging High Grade Potential at Depth: A new, narrow vein & high-grade extension of the Murchison lode has been identified in deeper drilling that runs parallel to the existing Main Lode. The Murchison Lode is located ~80m east of Main Lode and is presenting as an attractive, high-grade,narrow vein underground mining target. New holes in the system include: 0.3m @ 171 g/t from 325m; 0.3m @ 171 g/t from 325m; 1.4m @ 17.8 g/t (including 0.5m @ 52.2 g/t) from 12m; 4.9m @ 4.4 g/t from 34m. This lode system was not targeted in historical drilling as previous drilling in this area was shallow and largely from the West; therefore there were no deeper intersections. Of the few historical intersections below 150m, key intercepts include: 1.0m @ 41.2 g/t from 222m; 1.0m @ 35.4 g/t from 170m; 5.0m @ 4.2 g/t from 87m; 1.3m @ 11.1 g/t from 192m. There is more than 400m between these holes which opens a large exploration window, both for infill andextensional drilling as the best hole is the deepest at ~300 metres below surface. The Murchison Lode has five of the top ten grades ever sampled in the Riverina system and has a provenstrike of over 700m and is considered untested below 200m.공시 • Sep 30Ora Banda Mining Limited Announces Management ChangesOra Banda Mining Limited announced that Mr. Luke Creagh has been appointed as Managing Director. Mr. Creagh also appointed as Director of the company effective 28 September 2022. Mr. Creagh has held the position of Chief Executive Officer since 4 July 2022. Mr. Creagh is a mining engineer with 20 years' experience working for both contracting and mining companies at projects throughout Australia and overseas. He most recently served as Chief Operating Officer of Northern Star Resources Limited. Prior to becoming COO in 2018, Mr. Creagh held various senior positions within Northern Star, including GM Business Development, GM Strategy & Growth and Operations Manager. Before working at Northern Star, Luke was Operations Manager at Barminco Limited. Mr. Creagh holds a Bachelor of Engineering (Mining) from the University of Queensland and holds a Western Australian first class mine manager's certificate. The Company also advised that Mr. David Quinlivan and Mr. Mark Wheatley have resigned as Non- executive Directors of the Company effective 28 September 2022.공시 • Sep 21Ora Banda Mining Limited, Annual General Meeting, Nov 23, 2022Ora Banda Mining Limited, Annual General Meeting, Nov 23, 2022, at 15:00 W. Australia Standard Time. Location: University of Western Australia Club, Hackett Drive Crawley Western Australia Australia Agenda: To consider directorate elections.공시 • Sep 16Ora Banda Mining Limited Announces Non-Executive Director ChangesOra Banda Mining Limited advised that Mr. Keith Jones has announced his decision to retire from the Board of Directors effective 30 September 2022. Mr. Alan Rule has been appointed as an independent Non-executive Director of the Company effective 30 September 2022. Mr. Rule has more than 25 years' experience as the CFO of ASX listed mining companies with operations and projects in Australia, Africa, North and South America across several commodities. He has also been a Non- executive Director of listed companies since 2016. He is currently a Non-executive Director of Yellow Cake plc, an AIM listed company. Mr. Rule has considerable experience in international debt and equity financing of mining projects, implementation of accounting controls and systems, risk management, governance, and regulatory requirements in mining companies. In addition, he has wide ranging experience in mergers and acquisitions within the mining industry. Mr. Rule was CFO at Galaxy Resources Limited from 2017 until it was taken over in 2021. His previous positions included CFO of Sundance Resources Limited, Paladin Energy Limited, Mount Gibson Limited and St Barbara Mines Limited. He is a Chartered Accountant (Fellow) and holds Bachelor of Commerce and Bachelor of Accounting degrees.공시 • Jul 04Ora Banda Mining Limited Announces Appointment of Luke Creagh as Chief Executive OfficerOra Banda Mining Limited announced that effective immediately, Luke Creagh has been appointed to the position of Chief Executive Officer. Mr. Creagh is a mining engineer with 20 years' experience working for both contracting and mining companies at projects throughout Australia and overseas. He most recently served as Chief Operating Officer of Northern Star Resources Limited ("Northern Star"). Prior to becoming COO in 2018, Mr. Creagh held various senior positions within Northern Star, including GM Business Development, GM Strategy & Growth and Operations Manager. Before working at Northern Star he was Operations Manager at Barminco Limited. Mr. Creagh has a Bachelor of Engineering (Mining) from the University of Queensland and holds a Western Australian first class mine manager's certificate. Mr. Mansell thanked Mr. Andrew Czerw for his important contribution as interim CEO to Ora Banda over the three months.공시 • May 24Ora Banda Mining Limited Announces Five New Targets to Be Drilled At Greater CallionOra Banda Mining Limited announced that mapping and highly promising rock chip samples collected in the Greater Callion area has identified five new targets to be drilled in early FY23. Highlights: Fresh mapping and rock chip sampling at Greater Callion area has delivered highly encouraging results and identified five new drill targets; The Greater Callion area surrounds the high-grade Callion mine which has a gold endowment of 200,000oz at an average grade of 6.4g/t; Best rock chip samples include: Welcome Stranger - 26.9g/t & 18.6g/t; Lady Dorothy - 18.9gt; Callion North - 7.7g/t and Lady Kate - 6.7g/t & 6.3g/t; RC drill planning to test these targets in early FY23 is well underway; Regional air core drilling has commenced west of the main Callion deposit. The Greater Callion area is a region the Company has been actively exploring since 2021 with a view to finding another high-grade Callion-style deposit. Callion is located 14 kilometres south-west of 1.2Mtpa Davyhurst processing plant. The historical Callion mine has a gold endowment of approximately 200,000 ounces at an average grade of 6.4g/t which is comprised of historical gold production of 280Kt @ 10.2 g/t Au for 91,650oz11 and an upgraded Mineral Resource Estimate of 680,000 t @ 4.9 g/t Au for 107,000 oz Au (refer 29 July 2021 ASX release). The mapping and sampling program has identified five initial priority targets with work continuing to further delineate the geological and structural settings of these gold occurrences which will aid drill program design. The Company intends to test these bedrock targets when a reverse circulation (RC) drill rig arrives on site early in FY23. Meanwhile, an air core (AC) rig has commenced a first pass drilling program north-west of the main Callion deposit. Further targets in the Greater Callion area will tested along with a prospective area north of Lady Gladys, which is part of the Mulline Trend. This drilling aims to test for the near surface expression of any potential gold mineralisation in these areas. Assuming success, follow up RC drilling to test bedrock targets will follow. The Greater Callion area became the focus of renewed exploration by Ora Banda in 2021 with a large rock chip and mapping program completed in December 2021 and January 2022. Rock chip sampling focused on known old workings to help define controls on the gold mineralisation and possible multi-element signatures from the mineralisation zone. Results of this work are greatly assisting with exploration drill programs. Due to a large backlog at the laboratory the results have only recently been received. A number of very encouraging rock chip sample results were returned. These results indicate that there are several high grade, small to medium sized targets to be explored in the Callion area with many of these targets never drill tested or ineffectively tested in the past. Based on the work completed to date and historical reports the following areas are priority drill targets: Lady Kate - 6.7g/t and 6.32g/t; Callion Queen- 7.72g/t, 4.53g/t and 2.60g/t; Welcome Stranger 18.6g/t and 26.9g/t; Lady Dorothy - 18.9g/t, 5.63g/t and 4.75g/t; King Edward - 5.52g/t and 3.05g/t. A first pass Aircore drilling program has commenced over the Callion North/Callion Queen area to test for near surface high grade gold mineralisation. The prospectivity of this area is driven the large scale 50 to 250 ppb gold surface Geochem anomaly in soil, with associated target zones propagating out of the main Callion mine area which head up to the north-west and interact with a granite/greenstone contact. Preliminary logging at Callion has noted significant quartz veining and some alteration at and close to a Granodiorite/Basalt contact. This program was extended over Lady Kate with a small number of holes designed to test the potential for a high grade vein that was recently exposed by near surface prospecting. Results are pending.Board Change • May 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Ken Wheatley was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.공시 • Apr 14Ora Banda Mining Limited Announces Operations UpdateOra Banda Mining Limited announced that as a result of the production and cost performance issues previously disclosed, the Company is undertaking a strategic review of its Davyhurst operations. Stage 1 of the review has now been completed with the delivery of an initial 24-month plan to improve productivity, lower costs and build cash to invest back into exploration and next mine resource development. The roll out of this plan will commence immediately. Stage 2 of the review focusses on resource development and sustainable mine production beyond 24 months. Mining of the Riverina Stage 1 open pit will cease in fourth quarter/fiscal year 2022 and a smaller Sand King Stage 1 pre-strip has been deferred until November 2022 to allow a single mine operational focus on the Missouri open pit for the next six months. The current Riverina and Missouri open pit mining fleets will be rationalized to meet operational requirements at Missouri. Programmes foreshadowed during the recent capital raising are underway to support process plant production reliability and stability for operational improvements. Ore recovered from open pit mining operations at Missouri will be supplemented with ore from existing surface stockpiles to target process plant throughput at nameplate capacity of 1.2 Mtpa for the next two years. An allowance has been made for exploration and resource development drilling activities. The exploration spend will target new discoveries and follow up on significant first pass air core results including the Sky Prospect, Greater Pacific and the Sunraysia North trend. Resource development activities will focus on `next mine' targets including Riverina Underground and the Iguana Deposit.공시 • Apr 07+ 1 more updateOra Banda Mining Limited Announces CEO ChangesThe Board of Ora Banda Mining Limited has been advised by the Company's CEO, Peter Nicholson, of his intention to leave the Company. It has been agreed that Mr. Nicholson ceased in the roles of CEO on 6 April 2022. Ora Banda has commenced an executive search process for the Company's next CEO. Andrew Czerw, GM Resource Development, will assume the role of CEO on an interim basis. Czerw is a highly experienced geoscience professional with over 30 years of industry experience in Australia and overseas. His previous roles include General Manager for Tanami Gold NL, Director of Operations for Tectonic Resources Ltd. and Chief Geologist for Emperor Gold Mining Company Ltd.공시 • Feb 22+ 1 more updateOra Banda Mining Limited Revises Production Guidance for the Fiscal Year 2022Ora Banda Mining Limited revised production guidance for the fiscal year 2022. The company has updated its guidance range for fiscal year 2022 gold production from the 'low end' of the prior guidance range (70,000oz - 75,000oz) to 62,000oz - 68,000oz.분석 기사 • Aug 23We're A Little Worried About Ora Banda Mining's (ASX:OBM) Cash Burn RateThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...Recent Insider Transactions • Jun 18Non-Executive Chairman recently bought AU$52k worth of stockOn the 16th of June, Peter Mansell bought around 324k shares on-market at roughly AU$0.16 per share. In the last 3 months, they made an even bigger purchase worth AU$99k. Peter has been a buyer over the last 12 months, purchasing a net total of AU$151k worth in shares.공시 • Jun 08Ora Banda Mining Limited announced that it expects to receive AUD 21.107793 million in fundingOra Banda Mining Limited (ASX:OBM) announced a private placement of 124,163,488 shares at a price of AUD 0.17 for gross proceeds of AUD 21,107,792.96? on June 8, 2021. The transaction will include participation from both existing shareholders and new sophisticated and professional investors. The transaction will include participation from Managing Director; David Quinlivan for 588,236 shares for AUD 100,000, subject to shareholder approval in a meeting to be held on July 19, 2021. The transaction is expected to close on June 16, 2021.공시 • May 29Ora Banda Mining Limited Announces Assay Results for the Golden Eagle DepositFurther to Ora Banda Mining Limited's (‘Ora Banda’, ‘Company’) Operational Update of 27 May, the Company to announce the following assay results for the Golden Eagle deposit. Golden Eagle is located 3.2 km from the Davyhurst processing plant and is an integral part of the Company's Davyhurst Gold Project (‘Project’). These results follow other previously announced drilling results that included GEDD21008 - 10.5m @ 7.6 g/t Au, GEDD21009 - 6.1m @ 4.5 g/t Au & GEDD21003 - 3.4m @ 7.5 g/t Au. Golden Eagle underground diamond drilling was aimed at infilling and extending the declared mineral resource of 393kt @ 3.9g/t Au for 49,000 ounces. The drilling continues to support pre-mining expectations for the North Shoot and provides important geological information into the remodelling of the Southern Mining Area. The Golden Eagle underground diamond drilling program commenced in late February 2021 and was completed in April 2021. A total of 61 holes were drilled for 8,370 metres. Currently, assay results for 17 holes totaling 2,445 metres remains outstanding. Golden Eagle deposit is one of five priority mining targets at the Davyhurst Project and is 3.2 km from the Davyhurst processing plant. Western Mining Corporation (WMC) commenced open pit mining at Golden Eagle in 1986 and produced 864kt @2.6g/t Au for 73,000 ounces. A further 39,000 ounces were produced by Croesus Mining between November 2000 and December 2003. OBM initially updated the Golden Eagle mineral resource on 8 April 2020 following the collation of surface drilling, underground drilling that was conducted in April 2018 and updates that included all face sampling data that was collected from previous ore drive development. All technical and geological information available for the deposit was combined into an updated geologically based mineralisation model. This in turn formed the basis of the updated resource estimation. The upgraded Golden Eagle Resource is 393kt @ 3.9 g/t Au for 49,000 ounces, which includes an Indicated Resource of 247kt @ 4.1 g/t Au for 33,000 ounces. The Golden Eagle Ore Reserve was declared on the 30 June 2020 for 130kt @ 3.8 g/t Au for 16,000 ounces. OBM commenced underground mining at Golden Eagle in the March quarter 2021 with capital decline development currently below the 310 Level (approximately 150 metres below the natural surface). Ore development spans five working levels, namely the 395 Level to the 310 Level (approximately 100 vertical metres). Stoping has been completed on two levels (395 & 375 Level) and remains ongoing on two levels (355 & 335 Level). Mining completed to date on the North Shoot has met the DFS expectations. Mining in the Southern Mining Area has encountered, folded ore lodes e.g., an asymmetrical anticline with a flat west limb and a moderately dipping east limb, that require more work to better understand the controls on gold mineralisation. This is a positive result but a better understanding of gold distribution within the folded sequence is needed. Consequently, drilling, mapping and additional mine development are being undertaken to better understand gold distribution within the folded lodes. Currently, it has been traced down-plunge for more than 100 metres and it's highly likely it proves to be continuous for some distance yet. The grade potential of the folded lodes remains strong with a number of drill holes intersecting what appears to be a high-grade core area. The folded sequence presents as a relatively limited drill target due to its orientations to the principal drilling direction. As a result, it may be under-represented in the current drilling data. Additional long range drilling programs will be developed to test the greater extents and continuations of this folded sequence.공시 • May 27Ora Banda Mining Limited Provides Operational Update of Davyhurst Gold ProjectOra Banda Mining Limited announced that it continues to make significant progress with the ramp up of activities at its Davyhurst Gold Project in Western Australia. Open pit and underground mining productivity and production levels have and continue to be impacted by Covid 19 related travel restrictions and the associated extremely tight and highly competitive labour market in Western Australia, which has led to abnormally high workforce turnover levels. The Company is currently implementing a range of strategies to assist in this area moving forward. Processing plant throughput during April and May 2021 has also continued to be negatively impacted by low slurry densities caused by the high proportion of viscous, low density oxide material from Stage 1 of the Riverina Open Pit, important actions have been implemented to increase the availability of fresh rock to the mill which is expected to increase gold production levels to DFS levels during the September quarter. The Missouri open pit mine will provide an immediate source of higher grader, harder primary ore feed from the commencement of mining activities, expected in June 2021. Key items of the mining fleet have arrived at the Missouri open pit together with required site facility materials. In the Definitive Feasibility Study, Missouri was planned to be mined in a single stage, which incorporated a three-month pre-strip. The Company has now redesigned the Missouri Open Pit into two stages, which allows ore mining to commence after a modest amount of site preparation. The Missouri Ore Reserve grade of 2.6gpt Au (1,500kt @ 2.6g/t for 130 koz) is materially higher than the Riverina Ore Reserve grade of 1.8gpt Au and therefore mining of the Missouri open pit will increase the average gold grade processed through the Davyhurst mill from July 2021. Mining at Riverina remains slightly ahead of schedule, having to date delivered more ore tonnes at a slightly lower grade for more total ounces than estimated in the DFS. Whilst process plant throughput has been impacted by the high proportion of Riverina low density oxide feed, increasingly harder transitional and primary material is scheduled to be mined at Riverina from June 2021. After lower initial mine ore grades being delivered to the processing plant due to ore stockpiling space restrictions, the Company is now utilising high, medium and low grade stockpiles on the mine ore pad to optimise the processed ore blend. Ora Banda has been working with the underground mining contractor to improve underground production rates with May production to date from the Golden Eagle underground mine of 25,620 dry metric tonnes (dmt) exceeding the total of production of 25,235dmt during the whole of the March quarter. Following initial development activities at the Golden Eagle underground mine, new information has led to a review of the geological interpretation of the southern mining area. The southern mining area of Golden Eagle had previously been interpreted as a sub vertical shear, similar to the very consistent north zone. Development activities identified a fold nose, which has so far been followed up dip for 60m. This fold nose results in a moderately flat limb to the mineralisation which changes the orientation of the lode. The new geometry suggests an increased potential for wider, flatter dipping ore zones combined with the narrower sub vertical zones previously modelled. Whilst reinterpration of the mineralisation is underway and needs to be completed, the flat lying nature of the mineralisation has the potential to increase the ounces per vertical metre in the Golden Eagle underground mine.Recent Insider Transactions • Apr 01Non-Executive Chairman recently bought AU$99k worth of stockOn the 29th of March, Peter Mansell bought around 402k shares on-market at roughly AU$0.25 per share. This was the largest purchase by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months.공시 • Mar 09Ora Banda Mining Limited Announces Further Riverina South and Riverina Underground Assay Results from the Infill Drilling Program That Recommenced in January 2021Ora Banda Mining Limited announced further Riverina South and Riverina Underground assay results from the infill drilling program that recommenced in January 2021. These follow the recently announced drilling results that included RVRC20180 returning 3.0m @ 32.4 g/t from 34m, RVRC20193 returning 5.0m @ 10.4 g/t from 21m & RVRC20109 returning 5.0m @ 7.3 g/t from 51m. The Riverina South infill drilling will allow the "inferred" mineral resource of 650,000 tonnes @ 2.1g/t for 43,000 ounces to be upgraded to "indicated". The Riverina Underground drilling will allow the upgrading and the potential extension of the current Riverina underground mineral resource of 728,000 tonnes @ 5.9g/t for 139,000 ounces. Drilling has been ongoing since mid-January 2021 and will complete in mid-March with 1,800 metres remaining. This program is the third phase of drilling that has occurred in rapid succession on the Riverina South deposit, which also includes the historical British Lion mine. The current 10,600 metre program follows on from the Phase 1 exploration RC program (32 drill holes for 3,639 metres) completed in early 2020 to a spacing of 80m x 50m, and Phase 2 RC program (68 holes for 7,338 metres) which closed the drill hole spacing down to a 40m x 25m spacing. The Phase 2 drilling resulted in the declaration of the maiden Mineral Resource. The Riverina South mineralisation is the direct continuation of the gold mineralisation that is currently being mined within the main Riverina Deposit. Riverina Underground drilling comprises an RC and Diamond drill program targeting Main lodes which were mined from underground between the 1900's and 1930's and again in 1980's. Main lodes are two sub-parallel, sub-vertical mineralised shears with significant strike (>1,000m) and depth (>250m) extent. The drill program (14 holes for 3,270m) aims to increase resource classification and extend the resource down plunge to the south. The underground resource will be updated following receipt of all assays.Is New 90 Day High Low • Feb 17New 90-day low: AU$0.26The company is down 16% from its price of AU$0.31 on 19 November 2020. The Australian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 21% over the same period.공시 • Feb 16Ora Banda Mining Limited Announces Management Changes Effective 2 April 2021Ora Banda Mining Limited announced the appointment of Peter Nicholson as its Chief Executive Officer ("CEO"), with effect from 2 April 2021 (the "Appointment Date"). David Quinlivan, the current Ora Banda Managing Director ("MD") and CEO, will retain both roles until the Appointment Date. Thereafter, he will continue as MD, a position he will relinquish in the short to medium term. It is intended that he will then become a Non-Executive Director of Ora Banda, and that Mr. Nicholson will be appointed to the role of MD. The timing of that proposed change will be determined by the Ora Banda Board to ensure an orderly transition of all executive functions. An announcement of the end of the transition period will be made in due course. Mr. Nicholson has 25 years of industry experience in operational and mine management roles, coupled with deep experience in private equity across international mining and mining services. He has had exposure to an extensive range of assets and commodities, spanning over 50 countries, and he has considerable experience in leading senior multidisciplinary technical and commercial teams. Mr. Nicholson will be joining the Company from mining-focussed private equity firm Resource Capital Funds ("RCF"), where he is currently a Partner and the Managing Director of Australia. In his role Mr. Nicholson has been responsible for several of the largest investments made by RCF, (including within the Australia gold sector). As a Non-Executive Director in RCF portfolio companies, Mr. Nicholson has successfully supported investments in the delivery of strategy and the achievement of results, ensuring the right leadership capability to deliver success.이익 및 매출 성장 예측ASX:OBM - 애널리스트 향후 추정치 및 과거 재무 데이터 (AUD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수6/30/20281,251427-3353056/30/20279332896342956/30/2026889264225464512/31/2025554232121283N/A9/30/202547920999237N/A6/30/202540418676190N/A3/31/202535412751154N/A12/31/20243046825117N/A9/30/202425948-477N/A6/30/202421428-3336N/A3/31/20241908-3915N/A12/31/2023167-12-46-7N/A9/30/2023151-28-43-15N/A6/30/2023136-44-40-23N/A3/31/2023138-80-26-8N/A12/31/2022140-116-128N/A9/30/2022147-102-1316N/A6/30/2022154-88-1425N/A3/31/2022129-47-3015N/A12/31/2021105-7-466N/A9/30/202165-15-53-3N/A6/30/202125-22-59-11N/A3/31/202113-16-49-11N/A12/31/2020N/A-10-40-12N/A9/30/2020N/A-8-30-11N/A6/30/2020N/A-7-21-11N/A3/31/202007-24-17N/A12/31/2019020-27-23N/A9/30/2019314N/A-24N/A6/30/201968N/A-25N/A3/31/201913-39N/A-25N/A12/31/201819-87N/A-26N/A9/30/201817-86N/A-25N/A6/30/201816-86N/A-25N/A3/31/201810-59N/A-25N/A12/31/20174-32N/A-24N/A9/30/20172-25N/A-21N/A6/30/2017N/A-18N/A-19N/A3/31/20170-17N/A-13N/A12/31/20160-16N/A-8N/A9/30/20160-17N/A-8N/A6/30/20160-18N/A-9N/A3/31/20160-13N/A-6N/A12/31/20150-8N/A-3N/A9/30/20150-8N/A-3N/A6/30/20150-8N/A-2N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: OBM 의 연간 예상 수익 증가율(23.6%)이 saving rate(3.6%)보다 높습니다.수익 vs 시장: OBM 의 연간 수익(23.6%)이 Australian 시장(11.9%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: OBM 의 수입은 향후 3년 동안 상당히 증가할 것으로 예상됩니다.수익 대 시장: OBM 의 수익(연간 24.5%)이 Australian 시장(연간 6.1%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: OBM 의 수익(연간 24.5%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: OBM의 자본 수익률은 3년 후 42.1%로 매우 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 02:04종가2026/05/21 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Ora Banda Mining Limited는 6명의 분석가가 다루고 있습니다. 이 중 5명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Daniel MorganBarrenjoey Markets Pty LimitedTim McCormackCanaccord GenuityAndrew BowlerMacquarie Research3명의 분석가 더 보기
Price Target Changed • May 19Price target increased by 7.6% to AU$1.95Up from AU$1.81, the current price target is an average from 5 analysts. New target price is 47% above last closing price of AU$1.33. Stock is up 31% over the past year. The company is forecast to post earnings per share of AU$0.14 for next year compared to AU$0.10 last year.
Price Target Changed • Apr 18Price target increased by 7.1% to AU$1.83Up from AU$1.71, the current price target is an average from 5 analysts. New target price is 23% above last closing price of AU$1.49. Stock is up 28% over the past year. The company is forecast to post earnings per share of AU$0.14 for next year compared to AU$0.10 last year.
Price Target Changed • Mar 12Price target increased by 8.9% to AU$1.74Up from AU$1.60, the current price target is an average from 4 analysts. New target price is 21% above last closing price of AU$1.44. Stock is up 37% over the past year. The company is forecast to post earnings per share of AU$0.14 for next year compared to AU$0.10 last year.
Major Estimate Revision • Jan 30Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from AU$919.5m to AU$884.1m. EPS estimate also fell from AU$0.154 per share to AU$0.13 per share. Net income forecast to grow 51% next year vs 24% growth forecast for Metals and Mining industry in Australia. Consensus price target up from AU$1.52 to AU$1.64. Share price fell 19% to AU$1.28 over the past week.
Price Target Changed • Jan 29Price target increased by 12% to AU$1.71Up from AU$1.52, the current price target is an average from 4 analysts. New target price is 18% above last closing price of AU$1.45. Stock is up 84% over the past year. The company is forecast to post earnings per share of AU$0.17 for next year compared to AU$0.10 last year.
Price Target Changed • Jan 09Price target increased by 9.2% to AU$1.48Up from AU$1.36, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of AU$1.52. Stock is up 103% over the past year. The company is forecast to post earnings per share of AU$0.17 for next year compared to AU$0.10 last year.
속보 • May 20Ora Banda Mining Approves A$465 Million Plan to Target 300000 Ounces Annual Gold OutputOra Banda Mining has approved its "DRIVE to 300" expansion plan, outlining A$465m of spending aimed at lifting annual gold production to around 300,000 ounces over three years, including a new 3.0 Mtpa processing plant at Davyhurst targeted for commissioning in Q3 FY28. The company reported a record March quarter at the Davyhurst project, with gold production up 21% quarter on quarter to 38,766 ounces and 38,637 ounces sold, while internally funding A$63m of growth investments such as restarting open pit mining at Waihi and advancing a new plant study. Ore reserves have more than doubled, with total mineral resources now at 3.57 million ounces after a 1.46 million ounce increase, and Waihi and Round Dam contributing maiden underground and open pit ore reserves respectively. The combination of record quarterly output, a larger reserve base and a funded multi-year expansion plan points to a company that is scaling up its Davyhurst operation around a clearer production target and timeline. You should watch execution risk on the A$375m to A$465m plant and expansion spend, as well as the company’s reliance on future cashflows and debt to fund that program.
Price Target Changed • May 19Price target increased by 7.6% to AU$1.95Up from AU$1.81, the current price target is an average from 5 analysts. New target price is 47% above last closing price of AU$1.33. Stock is up 31% over the past year. The company is forecast to post earnings per share of AU$0.14 for next year compared to AU$0.10 last year.
Valuation Update With 7 Day Price Move • May 04Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to AU$1.31, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 3x in the Metals and Mining industry in Australia. Total returns to shareholders of 867% over the past three years.
Price Target Changed • Apr 18Price target increased by 7.1% to AU$1.83Up from AU$1.71, the current price target is an average from 5 analysts. New target price is 23% above last closing price of AU$1.49. Stock is up 28% over the past year. The company is forecast to post earnings per share of AU$0.14 for next year compared to AU$0.10 last year.
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment improves as stock rises 21%After last week's 21% share price gain to AU$1.36, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 4x in the Metals and Mining industry in Australia. Total returns to shareholders of 803% over the past three years.
New Risk • Mar 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Australian stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (67% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (13% average weekly change).
Price Target Changed • Mar 12Price target increased by 8.9% to AU$1.74Up from AU$1.60, the current price target is an average from 4 analysts. New target price is 21% above last closing price of AU$1.44. Stock is up 37% over the past year. The company is forecast to post earnings per share of AU$0.14 for next year compared to AU$0.10 last year.
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to AU$1.17, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 1x in the Metals and Mining industry in Australia. Total returns to shareholders of 796% over the past three years.
Reported Earnings • Mar 02First half 2026 earnings released: EPS: AU$0.049 (vs AU$0.028 in 1H 2025)First half 2026 results: EPS: AU$0.049 (up from AU$0.028 in 1H 2025). Revenue: AU$336.3m (up 80% from 1H 2025). Net income: AU$96.3m (up 89% from 1H 2025). Profit margin: 29% (up from 27% in 1H 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 7.1% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 124% per year whereas the company’s share price has increased by 129% per year.
Valuation Update With 7 Day Price Move • Jan 30Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to AU$1.28, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 2x in the Metals and Mining industry in Australia. Total returns to shareholders of 1,355% over the past three years.
Major Estimate Revision • Jan 30Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from AU$919.5m to AU$884.1m. EPS estimate also fell from AU$0.154 per share to AU$0.13 per share. Net income forecast to grow 51% next year vs 24% growth forecast for Metals and Mining industry in Australia. Consensus price target up from AU$1.52 to AU$1.64. Share price fell 19% to AU$1.28 over the past week.
Price Target Changed • Jan 29Price target increased by 12% to AU$1.71Up from AU$1.52, the current price target is an average from 4 analysts. New target price is 18% above last closing price of AU$1.45. Stock is up 84% over the past year. The company is forecast to post earnings per share of AU$0.17 for next year compared to AU$0.10 last year.
공시 • Jan 20Ora Banda Mining Limited Announces Executive ChangesOra Banda Mining Limited announced the appointment of John Sanders as the Company’s General Counsel & Joint Company Secretary, effective January 20, 2026. Mr. Sanders has 30 years’ experience in corporate law, governance and company secretarial matters. His most recent roles have included General Counsel & Company Secretary at ASX-listed Allkem Limited and Leo Lithium Ltd. Susan Park will continue as Joint Company Secretary and the person responsible for communication with ASX on behalf of the Company. Doug Warden has resigned as Joint Company Secretary following Mr. Sanders’ appointment to that role but remains the Company’s Chief Financial Officer.
Price Target Changed • Jan 09Price target increased by 9.2% to AU$1.48Up from AU$1.36, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of AU$1.52. Stock is up 103% over the past year. The company is forecast to post earnings per share of AU$0.17 for next year compared to AU$0.10 last year.
Valuation Update With 7 Day Price Move • Dec 18Investor sentiment improves as stock rises 18%After last week's 18% share price gain to AU$1.49, the stock trades at a forward P/E ratio of 10x. Average trailing P/E is 23x in the Metals and Mining industry in Australia. Total returns to shareholders of 1,880% over the past three years.
Recent Insider Transactions Derivative • Dec 01CEO, MD & Director exercised options and sold AU$13m worth of stockOn the 27th of November, Luke Creagh exercised options to acquire 10m shares at no cost and sold these for an average price of AU$1.25 per share. This trade did not impact their existing holding. For the year to June 2023, Luke's total compensation was 17% salary and 83% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since June 2025, Luke has owned 64.32m shares directly. This was the only transaction from an insider over the last 12 months.
분석 기사 • Nov 12Shareholders May Not Be So Generous With Ora Banda Mining Limited's (ASX:OBM) CEO Compensation And Here's WhyKey Insights Ora Banda Mining to hold its Annual General Meeting on 19th of November CEO Luke Creagh's total...
Major Estimate Revision • Oct 25Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from AU$825.9m to AU$866.5m. EPS estimate increased from AU$0.128 to AU$0.145 per share. Net income forecast to grow 49% next year vs 29% growth forecast for Metals and Mining industry in Australia. Consensus price target up from AU$1.19 to AU$1.33. Share price fell 6.3% to AU$1.26 over the past week.
Price Target Changed • Oct 21Price target increased by 12% to AU$1.33Up from AU$1.19, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of AU$1.37. Stock is up 59% over the past year. The company is forecast to post earnings per share of AU$0.13 for next year compared to AU$0.10 last year.
Price Target Changed • Oct 17Price target increased by 13% to AU$1.27Up from AU$1.12, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of AU$1.33. Stock is up 75% over the past year. The company is forecast to post earnings per share of AU$0.13 for next year compared to AU$0.10 last year.
Major Estimate Revision • Oct 01Consensus EPS estimates increase by 13%The consensus outlook for earnings per share (EPS) in fiscal year 2026 has improved. 2026 revenue forecast increased from AU$740.9m to AU$789.5m. EPS estimate increased from AU$0.106 to AU$0.12 per share. Net income forecast to grow 28% next year vs 24% growth forecast for Metals and Mining industry in Australia. Consensus price target up from AU$1.06 to AU$1.16. Share price rose 6.8% to AU$1.18 over the past week.
Price Target Changed • Oct 01Price target increased by 9.5% to AU$1.16Up from AU$1.06, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of AU$1.18. Stock is up 95% over the past year. The company is forecast to post earnings per share of AU$0.12 for next year compared to AU$0.10 last year.
분석 기사 • Sep 27Ora Banda Mining (ASX:OBM) Seems To Use Debt Quite SensiblySome say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Valuation Update With 7 Day Price Move • Sep 24Investor sentiment improves as stock rises 15%After last week's 15% share price gain to AU$1.11, the stock trades at a forward P/E ratio of 10x. Average trailing P/E is 19x in the Metals and Mining industry in Australia. Total returns to shareholders of 1,742% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at AU$1.29 per share.
Buy Or Sell Opportunity • Sep 16Now 23% undervaluedOver the last 90 days, the stock has risen 3.7% to AU$0.98. The fair value is estimated to be AU$1.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 39% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 9.4% per annum. Earnings are forecast to decline by 4.9% per annum over the same time period.
Price Target Changed • Sep 09Price target increased by 11% to AU$1.05Up from AU$0.95, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of AU$1.05. Stock is up 79% over the past year. The company is forecast to post earnings per share of AU$0.11 for next year compared to AU$0.10 last year.
New Risk • Sep 08New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 4.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 4.9% per year for the foreseeable future. High level of non-cash earnings (78% accrual ratio).
Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improves as stock rises 28%After last week's 28% share price gain to AU$1.08, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 1x in the Metals and Mining industry in Australia. Total returns to shareholders of 1,670% over the past three years.
Price Target Changed • Sep 04Price target increased by 7.1% to AU$1.00Up from AU$0.93, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of AU$0.98. Stock is up 82% over the past year. The company is forecast to post earnings per share of AU$0.11 for next year compared to AU$0.10 last year.
분석 기사 • Sep 02Ora Banda Mining (ASX:OBM) Is Posting Healthy Earnings, But It Is Not All Good NewsOra Banda Mining Limited's ( ASX:OBM ) stock rose after it released a robust earnings report. Despite the strong profit...
분석 기사 • Aug 30Ora Banda Mining Limited Just Beat Earnings Expectations: Here's What Analysts Think Will Happen NextThe investors in Ora Banda Mining Limited 's ( ASX:OBM ) will be rubbing their hands together with glee today, after...
공시 • Aug 28Ora Banda Mining Limited, Annual General Meeting, Nov 19, 2025Ora Banda Mining Limited, Annual General Meeting, Nov 19, 2025. Location: the vibe hotel, 9 alvan street, subiaco western australia Australia
분석 기사 • Aug 27Ora Banda Mining Limited (ASX:OBM) Held Back By Insufficient Growth Even After Shares Climb 28%Ora Banda Mining Limited ( ASX:OBM ) shareholders are no doubt pleased to see that the share price has bounced 28% in...
Reported Earnings • Aug 26Full year 2025 earnings released: EPS: AU$0.10 (vs AU$0.016 in FY 2024)Full year 2025 results: EPS: AU$0.10 (up from AU$0.016 in FY 2024). Revenue: AU$404.3m (up 89% from FY 2024). Net income: AU$186.1m (up AU$158.5m from FY 2024). Profit margin: 46% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 125% per year but the company’s share price has increased by 145% per year, which means it is tracking significantly ahead of earnings growth.
Major Estimate Revision • Aug 01Consensus EPS estimates increase by 19%The consensus outlook for fiscal year 2025 has been updated. 2025 EPS estimate increased from AU$0.051 to AU$0.06. Revenue forecast steady at AU$404.4m. Net income forecast to grow 115% next year vs 16% growth forecast for Metals and Mining industry in Australia. Consensus price target of AU$0.93 unchanged from last update. Share price fell 7.1% to AU$0.65 over the past week.
Price Target Changed • Jul 16Price target decreased by 12% to AU$0.93Down from AU$1.06, the current price target is an average from 3 analysts. New target price is 39% above last closing price of AU$0.67. Stock is up 49% over the past year. The company is forecast to post earnings per share of AU$0.051 for next year compared to AU$0.016 last year.
Major Estimate Revision • Jul 15Consensus EPS estimates fall by 11%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from AU$418.5m to AU$408.5m. EPS estimate also fell from AU$0.057 per share to AU$0.051 per share. Net income forecast to grow 114% next year vs 17% growth forecast for Metals and Mining industry in Australia. Consensus price target down from AU$1.06 to AU$0.98. Share price rose 2.2% to AU$0.70 over the past week.
Price Target Changed • Jul 14Price target decreased by 10% to AU$0.98Down from AU$1.09, the current price target is an average from 3 analysts. New target price is 39% above last closing price of AU$0.70. Stock is up 64% over the past year. The company is forecast to post earnings per share of AU$0.051 for next year compared to AU$0.016 last year.
공시 • Jul 11Ora Banda Mining Limited Provides Production Guidance for the Fiscal Year 2026Ora Banda Mining Limited provided production guidance for the fiscal year 2026. For the period, the company expects gold production to be in the range of 140,000oz - 155,000oz.
분석 기사 • Jun 27The Market Doesn't Like What It Sees From Ora Banda Mining Limited's (ASX:OBM) Revenues Yet As Shares Tumble 25%Unfortunately for some shareholders, the Ora Banda Mining Limited ( ASX:OBM ) share price has dived 25% in the last...
Valuation Update With 7 Day Price Move • Jun 03Investor sentiment improves as stock rises 23%After last week's 23% share price gain to AU$1.26, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 4x in the Metals and Mining industry in Australia. Total returns to shareholders of 3,718% over the past three years.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improves as stock rises 21%After last week's 21% share price gain to AU$1.24, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 2x in the Metals and Mining industry in Australia. Total returns to shareholders of 2,380% over the past three years.
Valuation Update With 7 Day Price Move • Mar 18Investor sentiment improves as stock rises 22%After last week's 22% share price gain to AU$1.13, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 2x in the Metals and Mining industry in Australia. Total returns to shareholders of 2,160% over the past three years.
Reported Earnings • Mar 03First half 2025 earnings released: EPS: AU$0.028 (vs AU$0.006 in 1H 2024)First half 2025 results: EPS: AU$0.028 (up from AU$0.006 in 1H 2024). Revenue: AU$186.4m (up 94% from 1H 2024). Net income: AU$50.8m (up 371% from 1H 2024). Profit margin: 27% (up from 11% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 26% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has increased by 170% per year, which means it is tracking significantly ahead of earnings growth.
공시 • Feb 28Ora Banda Mining Limited Announces Executive Changes, Effective February 28, 2025Ora Banda Mining Limited announced the appointment of Julie Athanasoff as the Company's Joint Company Secretary, effective from 28 February 2025. Ms. Athanasoff joined Ora Banda as General Counsel in October 2024. She was previously a corporate advisory partner at Gilbert + Tobin and has held senior roles at OZ Minerals Limited, as Company Secretary and Group Manager Legal. Doug Warden steps down as Joint Company Secretary effective from 28 February 2025 and will continue as Chief Financial Officer with the Company. Susan Park will continue as Joint Company Secretary and the person responsible for communication with ASX on behalf of the Company.
Price Target Changed • Feb 13Price target increased by 11% to AU$0.94Up from AU$0.84, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of AU$0.95. Stock is up 296% over the past year. The company is forecast to post earnings per share of AU$0.063 for next year compared to AU$0.016 last year.
분석 기사 • Jan 31Ora Banda Mining Limited (ASX:OBM) Stock Catapults 28% Though Its Price And Business Still Lag The IndustryOra Banda Mining Limited ( ASX:OBM ) shareholders are no doubt pleased to see that the share price has bounced 28% in...
Major Estimate Revision • Jan 17Consensus EPS estimates fall by 10%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has deteriorated. 2025 revenue forecast decreased from AU$441.4m to AU$418.5m. EPS estimate also fell from AU$0.076 per share to AU$0.068 per share. Net income forecast to grow 353% next year vs 19% growth forecast for Metals and Mining industry in Australia. Consensus price target broadly unchanged at AU$0.84. Share price fell 2.7% to AU$0.73 over the past week.
분석 기사 • Dec 18Ora Banda Mining (ASX:OBM) Seems To Use Debt Quite SensiblyThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Recent Insider Transactions Derivative • Nov 30CEO, MD & Director exercised options and sold AU$8.8m worth of stockOn the 25th of November, Luke Creagh exercised options to acquire 12m shares at no cost and sold these for an average price of AU$0.74 per share. This trade did not impact their existing holding. For the year to June 2023, Luke's total compensation was 12% salary and 88% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2023, Luke has owned 62.32m shares directly. This was the only transaction from an insider over the last 12 months.
분석 기사 • Oct 18Ora Banda Mining Limited's (ASX:OBM) Price Is Right But Growth Is Lacking After Shares Rocket 34%Ora Banda Mining Limited ( ASX:OBM ) shares have continued their recent momentum with a 34% gain in the last month...
Major Estimate Revision • Oct 18Consensus EPS estimates increase by 37%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from AU$389.2m to AU$401.3m. EPS estimate increased from AU$0.046 to AU$0.063 per share. Net income forecast to grow 220% next year vs 24% growth forecast for Metals and Mining industry in Australia. Consensus price target up from AU$0.66 to AU$0.76. Share price rose 28% to AU$0.81 over the past week.
Reported Earnings • Sep 27Full year 2024 earnings released: EPS: AU$0.016 (vs AU$0.032 loss in FY 2023)Full year 2024 results: EPS: AU$0.016 (up from AU$0.032 loss in FY 2023). Revenue: AU$214.2m (up 58% from FY 2023). Net income: AU$27.6m (up AU$71.7m from FY 2023). Profit margin: 13% (up from net loss in FY 2023). Production and reserves: Gold Production: 69.932 troy koz (48.023 troy koz in FY 2023) Proved and probable reserves (ore): 2.217 Mt Number of mines: 1 (5 in FY 2023) Revenue is forecast to grow 43% p.a. on average during the next 2 years, compared to a 1.5% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has increased by 91% per year, which means it is tracking significantly ahead of earnings growth.
Price Target Changed • Sep 03Price target increased by 14% to AU$0.56Up from AU$0.49, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of AU$0.58. Stock is up 486% over the past year. The company is forecast to post earnings per share of AU$0 next year compared to a net loss per share of AU$0.032 last year.
분석 기사 • Aug 30A Piece Of The Puzzle Missing From Ora Banda Mining Limited's (ASX:OBM) 32% Share Price ClimbDespite an already strong run, Ora Banda Mining Limited ( ASX:OBM ) shares have been powering on, with a gain of 32% in...
공시 • Aug 16Ora Banda Mining Limited, Annual General Meeting, Nov 20, 2024Ora Banda Mining Limited, Annual General Meeting, Nov 20, 2024. Location: at the vibe hotel, 9 alvan street, western australia, subiaco Australia
Board Change • Aug 01High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Non-Executive Chairman Peter Mansell is the most experienced director on the board, commencing their role in 2018. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
Breakeven Date Change • Jul 24Forecast breakeven date pushed back to 2025The 2 analysts covering Ora Banda Mining previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of AU$88.9m in 2025. Average annual earnings growth of 107% is required to achieve expected profit on schedule.
Board Change • Jul 13Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (3 non-independent directors). Non-Executive Chairman Peter Mansell is the most experienced director on the board, commencing their role in 2018. Independent Non-Executive Director Jo-Anne Dudley was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
분석 기사 • Jul 12Investors Still Aren't Entirely Convinced By Ora Banda Mining Limited's (ASX:OBM) Revenues Despite 27% Price JumpOra Banda Mining Limited ( ASX:OBM ) shareholders have had their patience rewarded with a 27% share price jump in the...
Breakeven Date Change • Jun 30Forecast breakeven date pushed back to 2025The 2 analysts covering Ora Banda Mining previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of AU$91.0m in 2025. Average annual earnings growth of 94% is required to achieve expected profit on schedule.
Price Target Changed • Jun 13Price target increased by 15% to AU$0.46Up from AU$0.40, the current price target is an average from 2 analysts. New target price is 24% above last closing price of AU$0.37. Stock is up 174% over the past year. The company is forecast to post earnings per share of AU$0.01 next year compared to a net loss per share of AU$0.032 last year.
분석 기사 • Apr 24Improved Revenues Required Before Ora Banda Mining Limited (ASX:OBM) Shares Find Their FeetOra Banda Mining Limited's ( ASX:OBM ) price-to-sales (or "P/S") ratio of 3.3x might make it look like a strong buy...
Reported Earnings • Mar 16First half 2024 earnings released: EPS: AU$0.006 (vs AU$0.015 loss in 1H 2023)First half 2024 results: EPS: AU$0.006 (up from AU$0.015 loss in 1H 2023). Revenue: AU$96.4m (up 47% from 1H 2023). Net income: AU$10.8m (up AU$32.0m from 1H 2023). Profit margin: 11% (up from net loss in 1H 2023). Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Metals and Mining industry in Australia. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
공시 • Mar 07Ora Banda Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 30 million.Ora Banda Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 30 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 136,363,637 Price\Range: AUD 0.22 Discount Per Security: AUD 0.0022 Transaction Features: Subsequent Direct Listing
공시 • Oct 26Ora Banda Mining Limited Announces Updated Estimates for Its Davyhurst Gold Project ("Dgp") Mineral Resources and Ore ReservesOra Banda Mining Limited announce updated estimates for its Davyhurst Gold Project ("DGP") Mineral Resources and Ore Reserves as at 30 June 2023. The Mineral Resource Statement for Riverina Area, British Lion, Silver Tongue, Forehand, Sand King, Missouri, Waihi, Callion and Golden Eagle is reported according to the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (the JORC Code) 2012 edition. DGP Mineral Resources are now 1.8M oz compared to 2.0M oz in FY23. Lady Ida Resources totalling 318 oz have been removed from the statement in anticipation of the conclusion to the sale of applicable Lady Ida Tenements. Significant additions to the DGP Mineral Resources come from Riverina Underground, reported on 16 February 2022, where ounces increased by 50% to 303,000 oz. Missouri Mineral Resources were re-estimated and depleted for mining as at 30 June 2023, resulting in a minor reduction in ounces. Sand King Open Pit Mineral Resources were re-estimated, resulting in a minor increase (6%) in ounces. The Sand King Underground Mineral Resource remains unchanged. The Waihi Mineral Resource was re-estimated resulting in a 6% increase in ounces. All Measured and Indicated Mineral Resources within the pit envelopes were included in the Probable Ore Reserve estimate, where the resource exceeded the economic cut-off grade, following the application of mining dilution and ore loss modifying factors. Any Inferred Mineral Resource contained within the optimised pit envelopes was treated as waste with zero grade. Existing surface stockpiles are not included in the Mineral Resources. The Ore Reserve was estimated from the relevant Mineral Resource estimates referred to in this announcement. These Mineral Resources were depleted to 30 June 2023. The Ore Reserve was generated from design studies using current costs as well as geotechnical, dilution and recovery parameters. Costs were derived from the FY24 budget estimate including contract pricing current at the date of this Ore Reserve. Unit costs for haulage, processing and site overheads were estimated based on full utilisation of process plant capacity using material above the economic cut-off grade. Fullutilisation of process capacity is reliant on realising expected conversion of further Mineral Resource to Ore Reserve or supplementing plant feed by toll treating third party sources. Mineral Resource updates and mining depletions are factored in alongside operational efficiencies to form a robust business case on which to build a strong future for Ora Banda. TheMineral Resource of 1.8Moz also provides extensive future organic growth opportunities for the Company. All economic Mineral Resource within the mining envelopes classified as Measured was classified as Proved within the Ore Reserve following the application of modifying factors. All economic Mineral Resource within the mining envelopes classified as Indicated was classified as Probable within the Ore Reserve following the application of modifying factors. All surface stockpiles above the economic cut-off were classified as Proved.
분석 기사 • Sep 30Health Check: How Prudently Does Ora Banda Mining (ASX:OBM) Use Debt?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Sep 29Full year 2023 earnings released: AU$0.032 loss per share (vs AU$0.08 loss in FY 2022)Full year 2023 results: AU$0.032 loss per share (improved from AU$0.08 loss in FY 2022). Revenue: AU$135.9m (down 12% from FY 2022). Net loss: AU$44.1m (loss narrowed 50% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings.
공시 • Sep 28Ora Banda Mining Limited, Annual General Meeting, Nov 28, 2023Ora Banda Mining Limited, Annual General Meeting, Nov 28, 2023, at 14:00 W. Australia Standard Time. Location: KPMG, 235 St George's Terrace Perth Western Australia Australia
New Risk • Aug 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: AU$152.5m (US$99.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-AU$12m free cash flow). Earnings have declined by 8.1% per year over the past 5 years. Minor Risks Shareholders have been diluted in the past year (23% increase in shares outstanding). Market cap is less than US$100m (AU$152.5m market cap, or US$99.2m).
공시 • May 05Ora Banda Mining Limited, Annual General Meeting, Jun 08, 2023Ora Banda Mining Limited, Annual General Meeting, Jun 08, 2023, at 10:00 W. Australia Standard Time. Location: Park Business Centre, 45 Ventnor Avenue, West Perth, Western Australia West Perth Western Australia Australia Agenda: To consider ratification of issue of placement shares to institutional, professional; to consider sophisticated investors under tranche 1; to issue of placement shares to Hawke’s point; to issue of placement shares to Mr. Luke Creagh; to issue of placement shares to Mr. Peter Mansell ; to issue of placement shares to Mr. Alan Rule ; to approval for the company to undertake the proposed transaction; to approval for the company to grant the royalty security; and to consider other matters if any.
Reported Earnings • Mar 17First half 2023 earnings released: AU$0.015 loss per share (vs AU$0.007 profit in 1H 2022)First half 2023 results: AU$0.015 loss per share (down from AU$0.007 profit in 1H 2022). Revenue: AU$65.6m (down 18% from 1H 2022). Net loss: AU$21.2m (down 421% from profit in 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance.
공시 • Feb 16Ora Banda Mining Limited Updates Estimate of Mineral Resources and Maiden Ore Reserve for Its Riverina UndergroundOra Banda Mining Limited announced an updated estimate of Mineral Resources and a maiden Ore Reserve for its Riverina Underground. OBM's new 3-Year Strategy to pivot from open pits to explore for high-grade underground mines has paid swift dividends with the release of the updated Resource and maiden Reserve for the Riverina Underground Project, with key highlights including: Riverina Underground Mineral Resource doubles to 303,000 ounces at 4.1g/t New Resource is robust with minimum mining width of 1.6m applied Resource remains open in all directions, with Phase 2 of the exploration program to commence in March 2023. Phase 2 program is targeted to extend the mineralisation envelope further south and at depth Riverina underground maiden ore reserve of 73,000 ounces averages 4.3g/t, with more Reserve conversion only limited by drilling density. Reserves calculated using gold price of AUD 1,850/oz and using a minimum mining width of 2.2m in stoping The Reserve is primarily made up of the Main Lode mineralisation only, with the Murchison lode making up less than 3% of the Reserve due to it having an inferred classification in the resource. Conversion from resources into reserves is a key component of the in-fill grade control drilling. The Phase 1 exploration program drilled 24% more holes in the 6 months from Jul-22 to Dec-22 than the entire amount of diamond drilling at Riverina Underground from 1984 to 2021. The Company has progressed setting up for the underground mine with key works completed to date including: Riverina pit mined down a further 15m to fresh rock to expose Main Portal and Ventilation Portal accesses. The underground mining tender process is well advanced and expected to be completed in March 2023. A mining commencement notice was submitted to DMIRS on 10 February 2023, with mining able to commence 45 days after this notice, therefore Ora Banda will be able to commence mining after 27 March 2023. The investment case for the FID is expected to be presented to the Ora Banda Board in the March quarter and is proposed to include consideration of inferred material that will convert to Reserve with further drilling as well as Resource extensions The Company has potential to achieve a production profile above 100koz per annum, underpinned by Reserves, with further production and reserve growth expected from resource conversion. Key points of note for the 100kozpa target include: Primarily based on Riverina Underground Project with the higher reserve grade of 4.3g/t materially increasing production and lowering costs Initial schedules under review demonstrate >600ktpa of ore is achievable and sustainable from Riverina underground. The current underground Resource of more than 300,000oz is open in all directions and a Phase 2 drilling program will target extensions to the mineralisation envelope further south and at depth.
공시 • Feb 10Ora Banda Mining Limited Provides Exploration UpdateOra Banda Mining Limited provided exploration update. Highlights: Further strong results from Phase 1 drilling continue to enhance the Riverina system for underground mining potential. Latest drill results will included in an updated Mineral Resource Estimate - to be announced in February 2023. New significant intercepts include: 2.0m @ 49.8 g/t - Main Lode East; 2.0m @ 20.2 g/t - Main Lode East (including 1.5m @ 27.5g/t); 3.6m @ 10.4 g/t - Main Lode East (including 0.5m @ 74.0g/t); 1.8m @ 18.2g/t - Main Lode East; 2.5m @ 12.1g/t - Main Lode East (including 2.3m @ 13.0g/t); 4.8m @ 6.0g/t - Main Lode East (including 2.1m @ 12.6g/t); 1.4m @ 14.2g/t - Main Lode East; 3.7m @ 26.9 g/t - Main Lode West; 2.8m @ 16.8 g/t - Main Lode West (including 2.2m @ 21.0g/t); 4.1m @ 9.3g/t - Main Lode West (including 3.5m @ 10.7g/t); 6.3m @ 5.9 g/t - Main Lode West (including 3.5m @ 9.5g/t); 0.3m @ 74.0g/t - Murchison Lode; 4.0m @ 39.0 g/t - Murchison Lode (including 3.8m @ 41.3g/t); 8.8m @ 4.9 g/t - Murchison Lode (including 5.8m @ 6.8g/t); 7.5m @ 3.1g/t Murchison Lode (including 6.5m @ 3.4g/t). The Riverina mineralised system remains open at depth on multiple lodes. Phase 2 Diamond drilling scheduled to recommence in March 2023. OBM's Underground Exploration Strategy: A key pillar of OBM's 3-Year Strategy is to create value is by committing exploration expenditure targeting high-grade underground ore to enhance the potential to increase production above 100kozpa. OBM prioritised drilling of the underground extensions at Riverina in July 2022, considering: The project had an existing high-grade underground resource of 151koz at 6.6 g/t; Historical mining down to ~120 vertical metres extracted 100kt at ~12 g/t; Developing the Riverina Underground is considered a relatively quick, low capex option given the existing infrastructure in the area and the ability to develop a mine portal from the base of the current open pit; Riverina ore has been processed at the Davyhurst mill and has recoveries of ~92%. There has been limited deep drilling in the overall system which is open in all directions and was poorly tested below 250 vertical metres. The program currently underway is the first diamond drilling exploration program in more than 12 months on the tenement package. OBM is in the process of collating all exploration data and anticipates announcing a resource update in the March quarter. Main Lode: The Main Lodes are made up of two parallel structures (East and West) that are sub-vertical and ~10 to 15 metres apart. The Main Lode East is the prominent mineralised structure. The current drilling results has further proven the strike continuity of the Main Lode structure for more than. 1km and demonstrated that the system is open in all directions including high grade intercepts at depth. The success of the deepest hole drilled to date (Hole 049) greatly enhances the exploration window at depth and down plunge to the south. Deep extension diamond drilling program scheduled to commence March 2023. Murchison Lode Emerging High Grade Potential at Depth: A new, narrow vein and high-grade extension of the Murchison lode has been identified in deeper drilling that runs parallel to the existing Main Lode . The Murchison Lode is located between ~20m and ~80m east of Main Lode and is presenting as an attractive, high-grade, narrow vein underground exploration and potential mining target. This lode system was not targeted in historical drilling as previous drilling in this area was shallow and largely from the West; therefore there were no deeper intersections. The Murchison Lode has five of the top ten grades ever sampled in the Riverina system and has a proven strike of over 700m and is considered poorly tested below 200m. Deep extension diamond drilling program (March 2023) will also target the Murchison Lodes. Reggies Lode Emerging exploration window: The first hole to hit Reggies Lode at depth returned 0.7m @ 4.2 g/t & 0.5m @ 6.8 g/t greatly enhancing this untested exploration window. All previous drilling on Reggies Lode was relatively shallow targeting near surface open pit resource. Reggies at depth remains a high priority exploration target. Riverina Deposit Ideal geometry for low capital selective mining: Single decline and infrastructure can access all lodes at the same time, improving equipment efficiency and increase production rates. Grade control drilling can be done from stockpiles as the decline advances which allows for fast and accurate geological data and the ability to identify high-grade trends. Access drives off the decline can easily be optimised to ensure they are targeting the higher grade ore, such that waste development is minimised.
공시 • Feb 03+ 1 more updateOra Banda Mining Limited Announces Chief Financial Officer ChangesOra Banda Mining Limited announced that Mr. Tony Brazier will be stepping down from the position of Chief Financial Officer and Joint Company Secretary, effective 6 February 2023. Tony has been with Ora Banda since relisting the Company in 2019 and has played a key role in supporting the Company through the relisting process, completion of the DFS and into production. Tony has decided to step down from the role to pursue another opportunity after completing a handover period through to mid-March 2023. Ora Banda announced the appointment of Gareth Jones as Chief Financial Officer and Joint Company Secretary, effective from 6 February 2023. Gareth is a Fellow of the Association of Chartered Certified Accountants and holds an MBA from Warwick Business School. He is an accomplished executive with over 20 years of experience in financial, governance and operational leadership across a diverse range of companies and sectors. Most recently Gareth served as Chief Financial Officer at Austin Engineering Limited. Prior to that, Gareth held various senior positions including Director of Finance and Business Services at St John of God Health Care and Chief Financial Officer and Company Secretary at Poseidon Nickel Limited.
공시 • Dec 07Ora Banda Mining Limited Announces Riverina Exploration UpdateOra Banda Mining Limited announced results from Phase 1 drilling continue to expand and enhance the Riverina system for underground mining potential. Drilling has significantly extended Riverina's high-grade mineralisation more than 100m to the south and 100m vertically. The deposit remains open in all directions. The exciting results to date (29 holes from a 46 diamond hole program) have doubled the depth of known mineralisation from 240m to 480m. New significant intercepts include: 2.5m @ 29.0 g/t Main Lode East 2.4m @ 26.4 g/t Main Lode East; 1.2m @ 51.0 g/t Main Lode East; 3.4m @ 14.3 g/t Main Lode East; 2.8m @ 9.52 g/t Main Lode East; 1.0m 14.6 g/t Main Lode East; 2.0m @ 13.2 g/t Main Lode West (including 1.0m @ 25.1g/t); 1.4m @ 14.2g/t Main Lode West; 1.0m @ 40.3 g/t Murchison Lode; 0.9m @ 30.5 g/t Murchison Lode; 0.7m @ 26.1g/t Murchison Lode. The deepest hole drilled to date has intersected visible gold returning 1.0m @ 14.6g/t (Main Lode East) and 1.4m @ 14.2g/t (Main Lode West) at 480 vertical metres below surface. The exploration window and plunge continuity at depth remains untested by drilling. The deepest hole drilled to date on the Murchison Lode has intersected visible gold returning 0.7m @ 26.1g/t at a depth of 410 vertical metres - again further enhancing the exploration window at depth and along plunge. The program also hit a parallel structure known as Reggie's Lode at depth. The intercept returned 0.7m @ 4.2 g/t & 0.5m @ 6.8 g/t and adds to Riverina's prospectivity. 46 diamond holes for 13,046 metres have now been completed. Given the excellent results, the program was expanded to 54 holes for a total of 15,331 design metres. Results have been returned from 29 holes with a further 17 holes currently being processed. Eight diamond holes remain to be drilled. Given the outstanding drilling results returned to date, a Phase 2 drilling program is being designed to help the Company accelerate a potential mining decision. Main Lode Drilling: The Main Lodes are made up of two parallel structures (East and West) that are sub-vertical and approx. 10 metres Apart; The Main Lode East is the prominent mineralised structure; The current drilling results has further proven the strike continuity of the Main Lode structure for more than 1km and demonstrated that the system is open in all directions including high grade intercepts at depth; The success of the deepest hole drilled to date (Hole 049) greatly enhances the exploration window at depth and down plunge to the south; The high grade drilling intersection in Main Lode West (1.4m @ 14.2g/t) bodes well for further extensions at depth on this lode horizon. Murchison Lode Emerging High Grade Potential at Depth: A new, narrow vein and high-grade extension of the Murchison lode has been identified in deeper drilling that runs parallel to the existing Main Lode; The Murchison Lode is located between approx. 20m and approx. 80m east of Main Lode and is presenting as an attractive, high-grade, narrow vein underground mining target; This lode system was not targeted in historical drilling as previous drilling in this area was shallow and largely from the West; therefore there were no deeper intersections; The Murchison Lode has five of the top ten grades ever sampled in the Riverina system and has a proven strike of over 700m and is considered poorly tested below 200m. Reggies Lode Emerging exploration window: The first hole to hit Reggies Lode at depth returned 0.7m @ 4.2 g/t & 0.5m @ 6.8 g/t greatly enhancing this untested exploration window; All previous drilling on Reggies Lode was relatively shallow targeting near surface open pit resource; Reggies at depth remains a high priority exploration target. Riverina Ideal geometry for low capital selective mining: Single decline and infrastructure can access all lodes at the same time, improving equipment efficiency and increase production rates; Grade control drilling can be done from stockpiles as the decline advances which allows for fast and accurate geological data and the ability to identify high-grade trends; Access drives off the decline can easily be optimised to ensure they are targeting the highest grade ore, such that waste development is minimized. OBM's Underground Exploration Strategy: A key pillar of OBM's 3-Year Strategy to create value is by committing exploration expenditure targeting high-grade underground ore enhancing the potential to increase production above 100kozpa. OBM prioritised drilling of the underground extensions at Riverina in July 2022, considering: The project had an existing high-grade underground resource of 151koz at 6.6 g/t; Historical mining down to approx. 120 vertical metres extracted 100kt at approx. 12 g/t; Developing the Riverina Underground is considered a relatively quick, low capex option given the existing infrastructure in the area and the ability to develop a mine portal from the base of the current open pit; and Riverina ore has been processed at the Davyhurst mill and has recoveries of approx. 92%. There has been limited deep drilling in the overall system which is open in all directions and was poorly tested below 250 vertical metres. The program currently underway is the first diamond drilling exploration program in more than 12 months on the tenement package. OBM is in the process of collating all exploration data and anticipates announcing a resource update in the March quarter.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Non-Executive Director Alan Rule was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
공시 • Oct 19Ora Banda Mining Limited Announces Riverina Exploration UpdateOra Banda Mining Limited announced High-grade Main Lode mineralisation extended at depth High-grade extension of Murchison Lode discovered at Riverina Exploration. Highlights: Extensional drilling under the Riverina open pit has extended the Main Lode an additional 100 metres vertically with high grade intercepts of 1.2m @ 29.9 g/t and 2.8m @ 6.0 g/t. Intercepts have increased the depth of the known high grade mineralisation from ~250metres below surface to more than 350 metres below surface and the deposit remainsopen in all directions. 12 diamond holes from an initial 30 hole program have now been completed provingthe mineralised structure of the Main Lode extends more than 1km along strike. In addition to the Main Lode extensions, a high-grade extension of the Murchison Lode has been discovered which runs parallel to Riverina's existing Main lode. The Murchison Lode is located just 80m east of Main Lode, however this was historicallyconsidered low grade near the surface, with no specific targeting of this lode at depth. Initial intercepts from the Murchison Lode extension include: 0.3m @ 171 g/t from 325m (with abundant visible gold); 1.0m @ 30.8 g/t from 181m; 1.4m @ 17.8 g/t (including 0.5m @ 52.2 g/t) from 12m; 4.9m @ 4.4 g/t from 34m; The Murchison high-grade extension remains open at depth with the structure intercepted over a 700m strike length with the deepest hole hitting 0.3m @ 171 g/t. 18 more holes are to be completed by the end of December prior to updating the Resource inthe March quarter. Main Lode Drilling: The Main Lodes are made up of two parallel structures (East and West) that are sub-vertical and ~10 metresapart. The Main Lode East is the prominent mineralised structure. OBM has further proven the continuity of the Main Lode structure for more than 1km and demonstratedthat the system is open in all directions including high grade intercepts at depth. New intercepts include: 3.0m @ 19.1 g/t from 147m; 2.0m @ 12.1 g/t from 178m; 3.9m @ 4.5 g/t from 165m; 1.2m @ 29.3 g/t from 359m (~100m below previous extent of drilling); 2.8m @ 6.0 g/t from 357m (~100m below previous extent of drilling). This compliments the numerous high-grade intercepts previously reported in the main lodes, including: 7.0m @ 22.7 g/t from 240m; 5.7m @ 10.1 g/t from 144m; 5.0m @ 16.7 g/t from 200m; 2.8m @ 21.2 g/t from 254m; 1.3m @ 25.3 g/t from 218m. Murchison Lode Emerging High Grade Potential at Depth: A new, narrow vein & high-grade extension of the Murchison lode has been identified in deeper drilling that runs parallel to the existing Main Lode. The Murchison Lode is located ~80m east of Main Lode and is presenting as an attractive, high-grade,narrow vein underground mining target. New holes in the system include: 0.3m @ 171 g/t from 325m; 0.3m @ 171 g/t from 325m; 1.4m @ 17.8 g/t (including 0.5m @ 52.2 g/t) from 12m; 4.9m @ 4.4 g/t from 34m. This lode system was not targeted in historical drilling as previous drilling in this area was shallow and largely from the West; therefore there were no deeper intersections. Of the few historical intersections below 150m, key intercepts include: 1.0m @ 41.2 g/t from 222m; 1.0m @ 35.4 g/t from 170m; 5.0m @ 4.2 g/t from 87m; 1.3m @ 11.1 g/t from 192m. There is more than 400m between these holes which opens a large exploration window, both for infill andextensional drilling as the best hole is the deepest at ~300 metres below surface. The Murchison Lode has five of the top ten grades ever sampled in the Riverina system and has a provenstrike of over 700m and is considered untested below 200m.
공시 • Sep 30Ora Banda Mining Limited Announces Management ChangesOra Banda Mining Limited announced that Mr. Luke Creagh has been appointed as Managing Director. Mr. Creagh also appointed as Director of the company effective 28 September 2022. Mr. Creagh has held the position of Chief Executive Officer since 4 July 2022. Mr. Creagh is a mining engineer with 20 years' experience working for both contracting and mining companies at projects throughout Australia and overseas. He most recently served as Chief Operating Officer of Northern Star Resources Limited. Prior to becoming COO in 2018, Mr. Creagh held various senior positions within Northern Star, including GM Business Development, GM Strategy & Growth and Operations Manager. Before working at Northern Star, Luke was Operations Manager at Barminco Limited. Mr. Creagh holds a Bachelor of Engineering (Mining) from the University of Queensland and holds a Western Australian first class mine manager's certificate. The Company also advised that Mr. David Quinlivan and Mr. Mark Wheatley have resigned as Non- executive Directors of the Company effective 28 September 2022.
공시 • Sep 21Ora Banda Mining Limited, Annual General Meeting, Nov 23, 2022Ora Banda Mining Limited, Annual General Meeting, Nov 23, 2022, at 15:00 W. Australia Standard Time. Location: University of Western Australia Club, Hackett Drive Crawley Western Australia Australia Agenda: To consider directorate elections.
공시 • Sep 16Ora Banda Mining Limited Announces Non-Executive Director ChangesOra Banda Mining Limited advised that Mr. Keith Jones has announced his decision to retire from the Board of Directors effective 30 September 2022. Mr. Alan Rule has been appointed as an independent Non-executive Director of the Company effective 30 September 2022. Mr. Rule has more than 25 years' experience as the CFO of ASX listed mining companies with operations and projects in Australia, Africa, North and South America across several commodities. He has also been a Non- executive Director of listed companies since 2016. He is currently a Non-executive Director of Yellow Cake plc, an AIM listed company. Mr. Rule has considerable experience in international debt and equity financing of mining projects, implementation of accounting controls and systems, risk management, governance, and regulatory requirements in mining companies. In addition, he has wide ranging experience in mergers and acquisitions within the mining industry. Mr. Rule was CFO at Galaxy Resources Limited from 2017 until it was taken over in 2021. His previous positions included CFO of Sundance Resources Limited, Paladin Energy Limited, Mount Gibson Limited and St Barbara Mines Limited. He is a Chartered Accountant (Fellow) and holds Bachelor of Commerce and Bachelor of Accounting degrees.
공시 • Jul 04Ora Banda Mining Limited Announces Appointment of Luke Creagh as Chief Executive OfficerOra Banda Mining Limited announced that effective immediately, Luke Creagh has been appointed to the position of Chief Executive Officer. Mr. Creagh is a mining engineer with 20 years' experience working for both contracting and mining companies at projects throughout Australia and overseas. He most recently served as Chief Operating Officer of Northern Star Resources Limited ("Northern Star"). Prior to becoming COO in 2018, Mr. Creagh held various senior positions within Northern Star, including GM Business Development, GM Strategy & Growth and Operations Manager. Before working at Northern Star he was Operations Manager at Barminco Limited. Mr. Creagh has a Bachelor of Engineering (Mining) from the University of Queensland and holds a Western Australian first class mine manager's certificate. Mr. Mansell thanked Mr. Andrew Czerw for his important contribution as interim CEO to Ora Banda over the three months.
공시 • May 24Ora Banda Mining Limited Announces Five New Targets to Be Drilled At Greater CallionOra Banda Mining Limited announced that mapping and highly promising rock chip samples collected in the Greater Callion area has identified five new targets to be drilled in early FY23. Highlights: Fresh mapping and rock chip sampling at Greater Callion area has delivered highly encouraging results and identified five new drill targets; The Greater Callion area surrounds the high-grade Callion mine which has a gold endowment of 200,000oz at an average grade of 6.4g/t; Best rock chip samples include: Welcome Stranger - 26.9g/t & 18.6g/t; Lady Dorothy - 18.9gt; Callion North - 7.7g/t and Lady Kate - 6.7g/t & 6.3g/t; RC drill planning to test these targets in early FY23 is well underway; Regional air core drilling has commenced west of the main Callion deposit. The Greater Callion area is a region the Company has been actively exploring since 2021 with a view to finding another high-grade Callion-style deposit. Callion is located 14 kilometres south-west of 1.2Mtpa Davyhurst processing plant. The historical Callion mine has a gold endowment of approximately 200,000 ounces at an average grade of 6.4g/t which is comprised of historical gold production of 280Kt @ 10.2 g/t Au for 91,650oz11 and an upgraded Mineral Resource Estimate of 680,000 t @ 4.9 g/t Au for 107,000 oz Au (refer 29 July 2021 ASX release). The mapping and sampling program has identified five initial priority targets with work continuing to further delineate the geological and structural settings of these gold occurrences which will aid drill program design. The Company intends to test these bedrock targets when a reverse circulation (RC) drill rig arrives on site early in FY23. Meanwhile, an air core (AC) rig has commenced a first pass drilling program north-west of the main Callion deposit. Further targets in the Greater Callion area will tested along with a prospective area north of Lady Gladys, which is part of the Mulline Trend. This drilling aims to test for the near surface expression of any potential gold mineralisation in these areas. Assuming success, follow up RC drilling to test bedrock targets will follow. The Greater Callion area became the focus of renewed exploration by Ora Banda in 2021 with a large rock chip and mapping program completed in December 2021 and January 2022. Rock chip sampling focused on known old workings to help define controls on the gold mineralisation and possible multi-element signatures from the mineralisation zone. Results of this work are greatly assisting with exploration drill programs. Due to a large backlog at the laboratory the results have only recently been received. A number of very encouraging rock chip sample results were returned. These results indicate that there are several high grade, small to medium sized targets to be explored in the Callion area with many of these targets never drill tested or ineffectively tested in the past. Based on the work completed to date and historical reports the following areas are priority drill targets: Lady Kate - 6.7g/t and 6.32g/t; Callion Queen- 7.72g/t, 4.53g/t and 2.60g/t; Welcome Stranger 18.6g/t and 26.9g/t; Lady Dorothy - 18.9g/t, 5.63g/t and 4.75g/t; King Edward - 5.52g/t and 3.05g/t. A first pass Aircore drilling program has commenced over the Callion North/Callion Queen area to test for near surface high grade gold mineralisation. The prospectivity of this area is driven the large scale 50 to 250 ppb gold surface Geochem anomaly in soil, with associated target zones propagating out of the main Callion mine area which head up to the north-west and interact with a granite/greenstone contact. Preliminary logging at Callion has noted significant quartz veining and some alteration at and close to a Granodiorite/Basalt contact. This program was extended over Lady Kate with a small number of holes designed to test the potential for a high grade vein that was recently exposed by near surface prospecting. Results are pending.
Board Change • May 02Insufficient new directorsNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Independent Non-Executive Director Ken Wheatley was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
공시 • Apr 14Ora Banda Mining Limited Announces Operations UpdateOra Banda Mining Limited announced that as a result of the production and cost performance issues previously disclosed, the Company is undertaking a strategic review of its Davyhurst operations. Stage 1 of the review has now been completed with the delivery of an initial 24-month plan to improve productivity, lower costs and build cash to invest back into exploration and next mine resource development. The roll out of this plan will commence immediately. Stage 2 of the review focusses on resource development and sustainable mine production beyond 24 months. Mining of the Riverina Stage 1 open pit will cease in fourth quarter/fiscal year 2022 and a smaller Sand King Stage 1 pre-strip has been deferred until November 2022 to allow a single mine operational focus on the Missouri open pit for the next six months. The current Riverina and Missouri open pit mining fleets will be rationalized to meet operational requirements at Missouri. Programmes foreshadowed during the recent capital raising are underway to support process plant production reliability and stability for operational improvements. Ore recovered from open pit mining operations at Missouri will be supplemented with ore from existing surface stockpiles to target process plant throughput at nameplate capacity of 1.2 Mtpa for the next two years. An allowance has been made for exploration and resource development drilling activities. The exploration spend will target new discoveries and follow up on significant first pass air core results including the Sky Prospect, Greater Pacific and the Sunraysia North trend. Resource development activities will focus on `next mine' targets including Riverina Underground and the Iguana Deposit.
공시 • Apr 07+ 1 more updateOra Banda Mining Limited Announces CEO ChangesThe Board of Ora Banda Mining Limited has been advised by the Company's CEO, Peter Nicholson, of his intention to leave the Company. It has been agreed that Mr. Nicholson ceased in the roles of CEO on 6 April 2022. Ora Banda has commenced an executive search process for the Company's next CEO. Andrew Czerw, GM Resource Development, will assume the role of CEO on an interim basis. Czerw is a highly experienced geoscience professional with over 30 years of industry experience in Australia and overseas. His previous roles include General Manager for Tanami Gold NL, Director of Operations for Tectonic Resources Ltd. and Chief Geologist for Emperor Gold Mining Company Ltd.
공시 • Feb 22+ 1 more updateOra Banda Mining Limited Revises Production Guidance for the Fiscal Year 2022Ora Banda Mining Limited revised production guidance for the fiscal year 2022. The company has updated its guidance range for fiscal year 2022 gold production from the 'low end' of the prior guidance range (70,000oz - 75,000oz) to 62,000oz - 68,000oz.
분석 기사 • Aug 23We're A Little Worried About Ora Banda Mining's (ASX:OBM) Cash Burn RateThere's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
Recent Insider Transactions • Jun 18Non-Executive Chairman recently bought AU$52k worth of stockOn the 16th of June, Peter Mansell bought around 324k shares on-market at roughly AU$0.16 per share. In the last 3 months, they made an even bigger purchase worth AU$99k. Peter has been a buyer over the last 12 months, purchasing a net total of AU$151k worth in shares.
공시 • Jun 08Ora Banda Mining Limited announced that it expects to receive AUD 21.107793 million in fundingOra Banda Mining Limited (ASX:OBM) announced a private placement of 124,163,488 shares at a price of AUD 0.17 for gross proceeds of AUD 21,107,792.96? on June 8, 2021. The transaction will include participation from both existing shareholders and new sophisticated and professional investors. The transaction will include participation from Managing Director; David Quinlivan for 588,236 shares for AUD 100,000, subject to shareholder approval in a meeting to be held on July 19, 2021. The transaction is expected to close on June 16, 2021.
공시 • May 29Ora Banda Mining Limited Announces Assay Results for the Golden Eagle DepositFurther to Ora Banda Mining Limited's (‘Ora Banda’, ‘Company’) Operational Update of 27 May, the Company to announce the following assay results for the Golden Eagle deposit. Golden Eagle is located 3.2 km from the Davyhurst processing plant and is an integral part of the Company's Davyhurst Gold Project (‘Project’). These results follow other previously announced drilling results that included GEDD21008 - 10.5m @ 7.6 g/t Au, GEDD21009 - 6.1m @ 4.5 g/t Au & GEDD21003 - 3.4m @ 7.5 g/t Au. Golden Eagle underground diamond drilling was aimed at infilling and extending the declared mineral resource of 393kt @ 3.9g/t Au for 49,000 ounces. The drilling continues to support pre-mining expectations for the North Shoot and provides important geological information into the remodelling of the Southern Mining Area. The Golden Eagle underground diamond drilling program commenced in late February 2021 and was completed in April 2021. A total of 61 holes were drilled for 8,370 metres. Currently, assay results for 17 holes totaling 2,445 metres remains outstanding. Golden Eagle deposit is one of five priority mining targets at the Davyhurst Project and is 3.2 km from the Davyhurst processing plant. Western Mining Corporation (WMC) commenced open pit mining at Golden Eagle in 1986 and produced 864kt @2.6g/t Au for 73,000 ounces. A further 39,000 ounces were produced by Croesus Mining between November 2000 and December 2003. OBM initially updated the Golden Eagle mineral resource on 8 April 2020 following the collation of surface drilling, underground drilling that was conducted in April 2018 and updates that included all face sampling data that was collected from previous ore drive development. All technical and geological information available for the deposit was combined into an updated geologically based mineralisation model. This in turn formed the basis of the updated resource estimation. The upgraded Golden Eagle Resource is 393kt @ 3.9 g/t Au for 49,000 ounces, which includes an Indicated Resource of 247kt @ 4.1 g/t Au for 33,000 ounces. The Golden Eagle Ore Reserve was declared on the 30 June 2020 for 130kt @ 3.8 g/t Au for 16,000 ounces. OBM commenced underground mining at Golden Eagle in the March quarter 2021 with capital decline development currently below the 310 Level (approximately 150 metres below the natural surface). Ore development spans five working levels, namely the 395 Level to the 310 Level (approximately 100 vertical metres). Stoping has been completed on two levels (395 & 375 Level) and remains ongoing on two levels (355 & 335 Level). Mining completed to date on the North Shoot has met the DFS expectations. Mining in the Southern Mining Area has encountered, folded ore lodes e.g., an asymmetrical anticline with a flat west limb and a moderately dipping east limb, that require more work to better understand the controls on gold mineralisation. This is a positive result but a better understanding of gold distribution within the folded sequence is needed. Consequently, drilling, mapping and additional mine development are being undertaken to better understand gold distribution within the folded lodes. Currently, it has been traced down-plunge for more than 100 metres and it's highly likely it proves to be continuous for some distance yet. The grade potential of the folded lodes remains strong with a number of drill holes intersecting what appears to be a high-grade core area. The folded sequence presents as a relatively limited drill target due to its orientations to the principal drilling direction. As a result, it may be under-represented in the current drilling data. Additional long range drilling programs will be developed to test the greater extents and continuations of this folded sequence.
공시 • May 27Ora Banda Mining Limited Provides Operational Update of Davyhurst Gold ProjectOra Banda Mining Limited announced that it continues to make significant progress with the ramp up of activities at its Davyhurst Gold Project in Western Australia. Open pit and underground mining productivity and production levels have and continue to be impacted by Covid 19 related travel restrictions and the associated extremely tight and highly competitive labour market in Western Australia, which has led to abnormally high workforce turnover levels. The Company is currently implementing a range of strategies to assist in this area moving forward. Processing plant throughput during April and May 2021 has also continued to be negatively impacted by low slurry densities caused by the high proportion of viscous, low density oxide material from Stage 1 of the Riverina Open Pit, important actions have been implemented to increase the availability of fresh rock to the mill which is expected to increase gold production levels to DFS levels during the September quarter. The Missouri open pit mine will provide an immediate source of higher grader, harder primary ore feed from the commencement of mining activities, expected in June 2021. Key items of the mining fleet have arrived at the Missouri open pit together with required site facility materials. In the Definitive Feasibility Study, Missouri was planned to be mined in a single stage, which incorporated a three-month pre-strip. The Company has now redesigned the Missouri Open Pit into two stages, which allows ore mining to commence after a modest amount of site preparation. The Missouri Ore Reserve grade of 2.6gpt Au (1,500kt @ 2.6g/t for 130 koz) is materially higher than the Riverina Ore Reserve grade of 1.8gpt Au and therefore mining of the Missouri open pit will increase the average gold grade processed through the Davyhurst mill from July 2021. Mining at Riverina remains slightly ahead of schedule, having to date delivered more ore tonnes at a slightly lower grade for more total ounces than estimated in the DFS. Whilst process plant throughput has been impacted by the high proportion of Riverina low density oxide feed, increasingly harder transitional and primary material is scheduled to be mined at Riverina from June 2021. After lower initial mine ore grades being delivered to the processing plant due to ore stockpiling space restrictions, the Company is now utilising high, medium and low grade stockpiles on the mine ore pad to optimise the processed ore blend. Ora Banda has been working with the underground mining contractor to improve underground production rates with May production to date from the Golden Eagle underground mine of 25,620 dry metric tonnes (dmt) exceeding the total of production of 25,235dmt during the whole of the March quarter. Following initial development activities at the Golden Eagle underground mine, new information has led to a review of the geological interpretation of the southern mining area. The southern mining area of Golden Eagle had previously been interpreted as a sub vertical shear, similar to the very consistent north zone. Development activities identified a fold nose, which has so far been followed up dip for 60m. This fold nose results in a moderately flat limb to the mineralisation which changes the orientation of the lode. The new geometry suggests an increased potential for wider, flatter dipping ore zones combined with the narrower sub vertical zones previously modelled. Whilst reinterpration of the mineralisation is underway and needs to be completed, the flat lying nature of the mineralisation has the potential to increase the ounces per vertical metre in the Golden Eagle underground mine.
Recent Insider Transactions • Apr 01Non-Executive Chairman recently bought AU$99k worth of stockOn the 29th of March, Peter Mansell bought around 402k shares on-market at roughly AU$0.25 per share. This was the largest purchase by an insider in the last 3 months. This was Peter's only on-market trade for the last 12 months.
공시 • Mar 09Ora Banda Mining Limited Announces Further Riverina South and Riverina Underground Assay Results from the Infill Drilling Program That Recommenced in January 2021Ora Banda Mining Limited announced further Riverina South and Riverina Underground assay results from the infill drilling program that recommenced in January 2021. These follow the recently announced drilling results that included RVRC20180 returning 3.0m @ 32.4 g/t from 34m, RVRC20193 returning 5.0m @ 10.4 g/t from 21m & RVRC20109 returning 5.0m @ 7.3 g/t from 51m. The Riverina South infill drilling will allow the "inferred" mineral resource of 650,000 tonnes @ 2.1g/t for 43,000 ounces to be upgraded to "indicated". The Riverina Underground drilling will allow the upgrading and the potential extension of the current Riverina underground mineral resource of 728,000 tonnes @ 5.9g/t for 139,000 ounces. Drilling has been ongoing since mid-January 2021 and will complete in mid-March with 1,800 metres remaining. This program is the third phase of drilling that has occurred in rapid succession on the Riverina South deposit, which also includes the historical British Lion mine. The current 10,600 metre program follows on from the Phase 1 exploration RC program (32 drill holes for 3,639 metres) completed in early 2020 to a spacing of 80m x 50m, and Phase 2 RC program (68 holes for 7,338 metres) which closed the drill hole spacing down to a 40m x 25m spacing. The Phase 2 drilling resulted in the declaration of the maiden Mineral Resource. The Riverina South mineralisation is the direct continuation of the gold mineralisation that is currently being mined within the main Riverina Deposit. Riverina Underground drilling comprises an RC and Diamond drill program targeting Main lodes which were mined from underground between the 1900's and 1930's and again in 1980's. Main lodes are two sub-parallel, sub-vertical mineralised shears with significant strike (>1,000m) and depth (>250m) extent. The drill program (14 holes for 3,270m) aims to increase resource classification and extend the resource down plunge to the south. The underground resource will be updated following receipt of all assays.
Is New 90 Day High Low • Feb 17New 90-day low: AU$0.26The company is down 16% from its price of AU$0.31 on 19 November 2020. The Australian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 21% over the same period.
공시 • Feb 16Ora Banda Mining Limited Announces Management Changes Effective 2 April 2021Ora Banda Mining Limited announced the appointment of Peter Nicholson as its Chief Executive Officer ("CEO"), with effect from 2 April 2021 (the "Appointment Date"). David Quinlivan, the current Ora Banda Managing Director ("MD") and CEO, will retain both roles until the Appointment Date. Thereafter, he will continue as MD, a position he will relinquish in the short to medium term. It is intended that he will then become a Non-Executive Director of Ora Banda, and that Mr. Nicholson will be appointed to the role of MD. The timing of that proposed change will be determined by the Ora Banda Board to ensure an orderly transition of all executive functions. An announcement of the end of the transition period will be made in due course. Mr. Nicholson has 25 years of industry experience in operational and mine management roles, coupled with deep experience in private equity across international mining and mining services. He has had exposure to an extensive range of assets and commodities, spanning over 50 countries, and he has considerable experience in leading senior multidisciplinary technical and commercial teams. Mr. Nicholson will be joining the Company from mining-focussed private equity firm Resource Capital Funds ("RCF"), where he is currently a Partner and the Managing Director of Australia. In his role Mr. Nicholson has been responsible for several of the largest investments made by RCF, (including within the Australia gold sector). As a Non-Executive Director in RCF portfolio companies, Mr. Nicholson has successfully supported investments in the delivery of strategy and the achievement of results, ensuring the right leadership capability to deliver success.