Ora Banda Mining Limited engages in the exploration and evaluation of mineral properties in Australia. More Details
High growth potential with mediocre balance sheet.
Share Price & News
How has Ora Banda Mining's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: OBM has not had significant price volatility in the past 3 months.
7 Day Return
AU Metals and Mining
1 Year Return
AU Metals and Mining
Return vs Industry: OBM exceeded the Australian Metals and Mining industry which returned 9.5% over the past year.
Return vs Market: OBM exceeded the Australian Market which returned -10.3% over the past year.
Price Volatility Vs. Market
How volatile is Ora Banda Mining's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StWhat Kind Of Investors Own Most Of Ora Banda Mining Limited (ASX:OBM)?
3 months ago | Simply Wall StWhat Type Of Shareholder Owns Ora Banda Mining Limited's (ASX:OBM)?
7 months ago | Simply Wall StWhat Kind Of Investor Owns Most Of Ora Banda Mining Limited (ASX:OBM)?
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 AU 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 overvalued based on its PB Ratio (4.1x) compared to the AU Metals and Mining industry average (2.3x).
How is Ora Banda Mining forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: OBM is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).
Earnings vs Market: OBM is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: OBM's is expected to become profitable in the next 3 years.
Revenue vs Market: OBM's revenue (71.4% per year) is forecast to grow faster than the Australian market (4.4% per year).
High Growth Revenue: OBM's revenue (71.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: OBM's Return on Equity is forecast to be low in 3 years time (0.2%).
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, and losses have increased over the past 5 years at a rate of 0.9% 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 (14.9%).
Return on Equity
High ROE: OBM has a negative Return on Equity (-13.9%), 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$12.0M) exceed its short term liabilities (A$4.5M).
Long Term Liabilities: OBM's short term assets (A$12.0M) do not cover its long term liabilities (A$19.4M).
Debt to Equity History and Analysis
Debt Level: OBM is debt free.
Reducing Debt: OBM currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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 less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.3% 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
David Quinlivan (65 yo)
Mr. David Francis Quinlivan, B.App Sci, MinEng, Grad. Dip. Fin Serv, FAusImm, FFINSA, MMICA founded Borden Mining Services in 1989 and serves as its Principal. Mr. Quinlivan has been Director of Egan Stree ...
|MD & Director||1.42yrs||AU$289.59k||0.35% |
|CFO & Company Secretary||1.42yrs||AU$288.63k||no data|
|Chief Commercial Officer||no data||no data||no data|
|Company Secretary||1.42yrs||no data||no data|
Experienced Management: OBM's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
|MD & Director||1.42yrs||AU$289.59k||0.35% |
|Non-Executive Director||1.42yrs||AU$33.97k||0.19% |
|Non-Executive Chairman||no data||AU$237.23k||0.53% |
|Non-Executive Director||1.42yrs||AU$33.97k||0.24% |
Experienced Board: OBM's board of directors are not considered experienced ( 1.4 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 54.1%.
Ora Banda Mining Limited's company bio, 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$280.867m
- Shares outstanding: 838.41m
- Website: https://www.orabandamining.com.au
- Ora Banda Mining Limited
- 2 Kings Park Road
- Level 1
- West Perth
- Western Australia
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|OBM||ASX (Australian Securities Exchange)||Yes||Ordinary Shares||AU||AUD||Oct 2002|
|M6N||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Oct 2002|
|OBM||CHIA (Chi-X Australia)||Yes||Ordinary Shares||AU||AUD||Oct 2002|
|ESGF.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Oct 2002|
Ora Banda Mining Limited engages in the exploration and evaluation of mineral properties in Australia. It explores for gold, nickel, and copper deposits. The company was formerly known as Eastern Goldfield ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/27 19:03|
|End of Day Share Price||2020/09/25 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.