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Ora Banda Mining ASX:OBM Stock Report

Last Price

AU$0.65

Market Cap

AU$1.2b

7D

-3.7%

1Y

182.6%

Updated

21 Dec, 2024

Data

Company Financials +

OBM Stock Overview

Engages in the exploration, operation, and development of mineral properties in Australia. More details

OBM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth6/6
Past Performance3/6
Financial Health4/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Ora Banda Mining Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Ora Banda Mining
Historical stock prices
Current Share PriceAU$0.65
52 Week HighAU$0.96
52 Week LowAU$0.20
Beta1.59
1 Month Change-13.33%
3 Month Change3.17%
1 Year Change182.61%
3 Year Change884.85%
5 Year Change251.35%
Change since IPO-99.37%

Recent News & Updates

Ora Banda Mining (ASX:OBM) Seems To Use Debt Quite Sensibly

Dec 18
Ora Banda Mining (ASX:OBM) Seems To Use Debt Quite Sensibly

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

Oct 18
Ora Banda Mining Limited's (ASX:OBM) Price Is Right But Growth Is Lacking After Shares Rocket 34%

Recent updates

Ora Banda Mining (ASX:OBM) Seems To Use Debt Quite Sensibly

Dec 18
Ora Banda Mining (ASX:OBM) Seems To Use Debt Quite Sensibly

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

Oct 18
Ora Banda Mining Limited's (ASX:OBM) Price Is Right But Growth Is Lacking After Shares Rocket 34%

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

Aug 30
A Piece Of The Puzzle Missing From Ora Banda Mining Limited's (ASX:OBM) 32% Share Price Climb

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

Jul 12
Investors Still Aren't Entirely Convinced By Ora Banda Mining Limited's (ASX:OBM) Revenues Despite 27% Price Jump

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

Apr 24
Improved Revenues Required Before Ora Banda Mining Limited (ASX:OBM) Shares Find Their Feet

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

Sep 30
Health Check: How Prudently Does Ora Banda Mining (ASX:OBM) Use Debt?

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

Aug 23
We're A Little Worried About Ora Banda Mining's (ASX:OBM) Cash Burn Rate

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

Feb 11
We're Keeping An Eye On Ora Banda Mining's (ASX:OBM) Cash Burn Rate

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

Jan 07
Do Insiders Own Lots Of Shares In Ora Banda Mining Limited (ASX:OBM)?

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

Dec 03
Ora Banda Mining Limited (ASX:OBM) Insiders Increased Their Holdings

Shareholder Returns

OBMAU Metals and MiningAU Market
7D-3.7%-5.2%-2.7%
1Y182.6%-19.5%6.5%

Return vs Industry: OBM exceeded the Australian Metals and Mining industry which returned -19.5% over the past year.

Return vs Market: OBM exceeded the Australian Market which returned 6.5% over the past year.

Price Volatility

Is OBM's price volatile compared to industry and market?
OBM volatility
OBM Average Weekly Movement9.7%
Metals and Mining Industry Average Movement10.6%
Market Average Movement8.0%
10% most volatile stocks in AU Market16.8%
10% least volatile stocks in AU Market3.1%

Stable Share Price: OBM has not had significant price volatility in the past 3 months compared to the Australian market.

Volatility Over Time: OBM's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2002n/aLuke Creaghwww.orabandamining.com.au

Ora Banda Mining Limited engages in the exploration, operation, and development of mineral properties in Australia. It primarily explores for gold, nickel, copper, lithium, and base metal deposits, as well as sells gold. The company was formerly known as Eastern Goldfields Limited and changed its name to Ora Banda Mining Limited in June 2019.

Ora Banda Mining Limited Fundamentals Summary

How do Ora Banda Mining's earnings and revenue compare to its market cap?
OBM fundamental statistics
Market capAU$1.22b
Earnings (TTM)AU$27.57m
Revenue (TTM)AU$214.24m

44.3x

P/E Ratio

5.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
OBM income statement (TTM)
RevenueAU$214.24m
Cost of RevenueAU$183.63m
Gross ProfitAU$30.60m
Other ExpensesAU$3.04m
EarningsAU$27.57m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.015
Gross Margin14.29%
Net Profit Margin12.87%
Debt/Equity Ratio4.1%

How did OBM perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 21:12
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Ora Banda Mining Limited is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Tim McCormackCanaccord Genuity
Paul HisseyMA Moelis Australia Securities Pty Ltd