Ora Banda Mining Limited engages in the exploration and evaluation of mineral properties in Australia.
Ora Banda Mining Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||AU$0.098|
|52 Week High||AU$0.09|
|52 Week Low||AU$0.35|
|1 Month Change||-6.67%|
|3 Month Change||-34.67%|
|1 Year Change||-70.75%|
|3 Year Change||n/a|
|5 Year Change||-98.13%|
|Change since IPO||-99.90%|
Recent News & Updates
We're A Little Worried About Ora Banda Mining's (ASX:OBM) Cash Burn Rate
There's no doubt that money can be made by owning shares of unprofitable businesses. For example, although Amazon.com...
|OBM||AU Metals and Mining||AU Market|
Return vs Industry: OBM underperformed the Australian Metals and Mining industry which returned 12.2% over the past year.
Return vs Market: OBM underperformed the Australian Market which returned 20.2% over the past year.
Stable Share Price: OBM is more volatile than 75% of Australian stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: OBM's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Australian stocks.
About the Company
Ora Banda Mining Limited engages in the exploration and evaluation of mineral properties in Australia. The company explores for gold, nickel, and base metal deposits. It holds 100 % interests in the Davyhurst Gold project comprises 95 tenements covering an area of approximately 1,210 square kilometers located in North West of Kalgoorlie, Western Australia.
Ora Banda Mining Fundamentals Summary
|OBM fundamental statistics|
Is OBM overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|OBM income statement (TTM)|
|Cost of Revenue||AU$25.94m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.023|
|Net Profit Margin||-88.73%|
How did OBM perform over the long term?See historical performance and comparison
Is Ora Banda Mining undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate OBM's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate OBM's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: OBM is unprofitable, so we can't compare its PE Ratio to the Australian Metals and Mining industry average.
PE vs Market: OBM is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate OBM's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: OBM is good value based on its PB Ratio (0.9x) compared to the AU Metals and Mining industry average (2.6x).
How is Ora Banda Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ora Banda Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Ora Banda Mining performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: OBM is currently unprofitable.
Growing Profit Margin: OBM is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: OBM is unprofitable, but has reduced losses over the past 5 years at a rate of 17% per year.
Accelerating Growth: Unable to compare OBM's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: OBM is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (35.3%).
Return on Equity
High ROE: OBM has a negative Return on Equity (-21.84%), as it is currently unprofitable.
How is Ora Banda Mining's financial position?
Financial Position Analysis
Short Term Liabilities: OBM's short term assets (A$46.6M) exceed its short term liabilities (A$31.3M).
Long Term Liabilities: OBM's short term assets (A$46.6M) exceed its long term liabilities (A$39.2M).
Debt to Equity History and Analysis
Debt Level: OBM is debt free.
Reducing Debt: OBM has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: OBM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OBM has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 19.1% each year.
What is Ora Banda Mining current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate OBM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate OBM's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if OBM's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if OBM's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of OBM's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peter Nicholson (46 yo)
Mr. Peter Bruce Nicholson, B.Eng (Mining) - Fellow Finsia is a Partner, Managing Director, Australia and Investment Team Leader of RCF Management, LLC. Mr. Nicholson has been Managing Director of Ora Banda...
CEO Compensation Analysis
Compensation vs Market: Peter's total compensation ($USD404.42K) is above average for companies of similar size in the Australian market ($USD302.72K).
Compensation vs Earnings: Insufficient data to compare Peter's compensation with company performance.
Experienced Management: OBM's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Experienced Board: OBM's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: OBM insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.2%.
Ora Banda Mining Limited's employee growth, exchange listings and data sources
- Name: Ora Banda Mining Limited
- Ticker: OBM
- Exchange: ASX
- Founded: 2002
- Industry: Gold
- Sector: Materials
- Market Cap: AU$95.474m
- Shares outstanding: 974.22m
- Website: https://www.orabandamining.com.au
- Ora Banda Mining Limited
- 2 Kings Park Road
- Level 1
- West Perth
- Western Australia
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:24|
|End of Day Share Price||2021/10/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.