OreCorp Future Growth

Future criteria checks 4/6

OreCorp is forecast to grow earnings and revenue by 58.8% and 63.3% per annum respectively. EPS is expected to grow by 60.4% per annum. Return on equity is forecast to be 30.5% in 3 years.

Key information

58.8%

Earnings growth rate

60.4%

EPS growth rate

Metals and Mining earnings growth	10.6%
Revenue growth rate	63.3%
Future return on equity	30.5%
Analyst coverage	Low
Last updated	20 Mar 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

ASX:ORR - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2026	439	183	218	252	1
6/30/2025	N/A	-53	-507	-33	1
6/30/2024	N/A	-42	-278	-44	1
12/31/2023	N/A	-46	-34	-34	N/A
9/30/2023	N/A	-33	-26	-26	N/A
6/30/2023	N/A	-19	-18	-18	N/A
3/31/2023	N/A	-20	-15	-21	N/A
12/31/2022	N/A	-20	-13	-24	N/A
9/30/2022	N/A	-21	-18	-23	N/A
6/30/2022	N/A	-22	-24	-23	N/A
12/31/2021	N/A	-15	-26	-14	N/A
9/30/2021	N/A	-12	-17	-11	N/A
6/30/2021	N/A	-8	-7	-7	N/A
3/31/2021	N/A	-8	-6	-6	N/A
12/31/2020	N/A	-7	-5	-5	N/A
9/30/2020	N/A	-6	-8	-5	N/A
6/30/2020	N/A	-5	-10	-5	N/A
3/31/2020	N/A	-6	-10	-5	N/A
12/31/2019	N/A	-7	-10	-5	N/A
9/30/2019	N/A	-7	-8	-5	N/A
6/30/2019	N/A	-6	-5	-5	N/A
3/31/2019	N/A	-6	-6	-6	N/A
12/31/2018	N/A	-5	-7	-7	N/A
9/30/2018	N/A	-6	-7	-7	N/A
6/30/2018	N/A	-7	-8	-8	N/A
3/31/2018	0	-10	-11	-11	N/A
12/31/2017	0	-14	-14	-14	N/A
9/30/2017	0	-15	N/A	-14	N/A
6/30/2017	0	-15	N/A	-15	N/A
3/31/2017	0	-12	N/A	-11	N/A
12/31/2016	0	-8	N/A	-7	N/A
9/30/2016	0	-6	N/A	-5	N/A
6/30/2016	0	-4	N/A	-3	N/A
12/31/2015	0	-1	N/A	-2	N/A
9/30/2015	0	-1	N/A	-2	N/A
6/30/2015	0	0	N/A	-2	N/A
12/31/2014	0	-2	N/A	-2	N/A
9/30/2014	0	-2	N/A	-3	N/A
6/30/2014	0	-2	N/A	-3	N/A
3/31/2014	0	-4	N/A	-4	N/A
12/31/2013	0	-6	N/A	-4	N/A
9/30/2013	0	-6	N/A	-4	N/A
6/30/2013	0	-7	N/A	-4	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: ORR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2.3%).

Earnings vs Market: ORR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ORR is expected to become profitable in the next 3 years.

Revenue vs Market: ORR is forecast to have no revenue next year.

High Growth Revenue: ORR is forecast to have no revenue next year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: ORR's Return on Equity is forecast to be high in 3 years time (30.5%)

OreCorp Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Forecast to breakeven in 2026

Forecast to breakeven in 2026

Price target increased by 10% to AU$1.09

Price target increased to AU$0.94

Price target decreased to AU$0.90

Price target decreased to AU$1.00

Recent updates

Perseus Mining Limited (ASX:PRU) cancelled the acquisition of remaining 80.1% stake in OreCorp Limited (ASX:ORR)

OreCorp Limited Ordinary Shares to Be Delisted from OTC Equity

Perseus Mining Limited (ASX:PRU) made an offer to acquire remaining 80.1% stake in OreCorp Limited (ASX:ORR) for approximately AUD 210 million.

OreCorp Limited, Annual General Meeting, Feb 28, 2024

Perseus Mining Limited (ASX:PRU) acquired 15.03% stake in OreCorp Limited (ASX:ORR).

Perseus Mining Limited (ASX:PRU) acquired 15.03% stake in OreCorp Limited (ASX:ORR).

We're Keeping An Eye On OreCorp's (ASX:ORR) Cash Burn Rate

New minor risk - Financial data availability

New minor risk - Financial data availability

Forecast to breakeven in 2026

New major risk - Revenue and earnings growth

New minor risk - Shareholder dilution

Silvercorp Metals Inc. (TSX:SVM) agreed to acquire OreCorp Limited (ASX:ORR) from Rollason Pty Ltd. and others for approximately AUD240 million.

New major risk - Financial position

Forecast to breakeven in 2026

Insider recently bought AU$1.6m worth of stock

Price target increased by 10% to AU$1.09

We Think OreCorp (ASX:ORR) Can Afford To Drive Business Growth

Insider recently bought AU$598k worth of stock

Price target increased to AU$0.94

OreCorp Limited Announces Chief Financial Officer Changes

Orecorp Limited Announces Drilling Builds Resource Growth Potential

Less than half of directors are independent

Orecorp Limited Appoints Hendrik Jacob Diederichs as Directo

OreCorp Limited Announces Executive Changes

OreCorp Limited Announces Board Changes

OreCorp Limited, Annual General Meeting, Nov 16, 2022

Price target decreased to AU$0.90

We're Keeping An Eye On OreCorp's (ASX:ORR) Cash Burn Rate

OreCorp Limited Announces Definitive Feasibility Study for the Nyanzaga Gold Project in Tanzania

Price target decreased to AU$1.00

OreCorp Limited Announces Results of Metallurgical Test Work for the Kilimani Deposit

Orecorp Limited Announces A Large Follow-Up Drilling Program Has Commenced At the Nyanzaga Gold Project in Tanzania

Is OreCorp (ASX:ORR) In A Good Position To Invest In Growth?

Insufficient new directors

OreCorp Limited Provides an Update on the Exploration Activities Undertaken over Yarri, Kalgoorlie, Yundamindra and Ponton Projects in the Eastern Goldfields of Western Australia

OreCorp Limited Announces Infill Resource Drilling Results from Reverse Circulation Program at the Kilimani Deposit Within the Nyanzaga Gold Project in Tanzania

OreCorp Limited Announces Resignation of Dion Loney as Joint Company Secretary

We're Not Worried About OreCorp's (ASX:ORR) Cash Burn

OreCorp Limited Announces Metallurgical Testwork Results at Hobbes

OreCorp Limited Announces Commencement of A Regional Aeromagnetic Survey

Price target decreased to AU$1.25

Independent Non-Executive Chairman exercised options to buy AU$390k worth of stock.

OreCorp Limited Provides Update on the Nyanzaga Gold Project

OreCorp Limited's Nyanzaga SML Receives Cabinet Approval

OreCorp Limited Announces Drill Results Continue to Impress At the Hobbes Gold Prospect, Eastern Goldfields, Western Australia

New 90-day low: AU$0.56

OreCorp Limited Announces Excellent First Drilling Results for the Hobbes Gold Prospect, Eastern Goldfields, Western Australia

OreCorp Limited (ASX:ORR) signed an agreement to acquire ELA31/1220 and P31/2118 Tenements from Mining Equities Pty Ltd and Peter Gianni for AUD 0.2 million.

OreCorp Limited (ASX:ORR) signed an agreement to acquire E31/1178 Tenement from Mitchell Jones for AUD 0.2 million.

What Kind Of Investors Own Most Of OreCorp Limited (ASX:ORR)?

New 90-day high: AU$0.55

New 90-day high - AU$0.51

OreCorp Limited (ASX:ORR) acquired Licenses E31/1173 and E31/1175 and Prospecting License P31/2119 in Western Australia for AUD 0.35 million.

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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