Ora Banda Mining Future Growth

Future criteria checks 5/6

Ora Banda Mining is forecast to grow earnings and revenue by 85% and 39.1% per annum respectively while EPS is expected to grow by 73.1% per annum.

Key information

85.0%

Earnings growth rate

73.1%

EPS growth rate

Metals and Mining earnings growth	13.9%
Revenue growth rate	39.1%
Future return on equity	n/a
Analyst coverage	Low
Last updated	24 Apr 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

CHIA:OBM - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2026	450	110	188	215	1
6/30/2025	358	84	119	167	1
6/30/2024	217	25	-14	42	1
12/31/2023	167	-12	-46	-7	N/A
9/30/2023	151	-28	-43	-15	N/A
6/30/2023	136	-44	-40	-23	N/A
3/31/2023	138	-80	-26	-8	N/A
12/31/2022	140	-116	-12	8	N/A
9/30/2022	147	-102	-13	16	N/A
6/30/2022	154	-88	-14	25	N/A
3/31/2022	129	-47	-30	15	N/A
12/31/2021	105	-7	-46	6	N/A
9/30/2021	65	-15	-53	-3	N/A
6/30/2021	25	-22	-59	-11	N/A
3/31/2021	13	-16	-49	-11	N/A
12/31/2020	N/A	-10	-40	-12	N/A
9/30/2020	N/A	-8	-30	-11	N/A
6/30/2020	N/A	-7	-21	-11	N/A
3/31/2020	0	7	-24	-17	N/A
12/31/2019	0	20	-27	-23	N/A
9/30/2019	3	14	-27	-24	N/A
6/30/2019	6	8	-27	-25	N/A
3/31/2019	13	-39	-31	-25	N/A
12/31/2018	19	-87	-35	-26	N/A
9/30/2018	17	-86	-35	-25	N/A
6/30/2018	16	-86	-36	-25	N/A
3/31/2018	10	-59	-38	-25	N/A
12/31/2017	4	-32	-40	-24	N/A
9/30/2017	2	-25	N/A	-21	N/A
6/30/2017	N/A	-18	N/A	-19	N/A
3/31/2017	0	-17	N/A	-13	N/A
12/31/2016	0	-16	N/A	-8	N/A
9/30/2016	0	-17	N/A	-8	N/A
6/30/2016	0	-18	N/A	-9	N/A
3/31/2016	0	-13	N/A	-6	N/A
12/31/2015	0	-8	N/A	-3	N/A
9/30/2015	0	-8	N/A	-3	N/A
6/30/2015	0	-8	N/A	-2	N/A
3/31/2015	-1	-7	N/A	N/A	N/A
12/31/2014	-1	-7	N/A	-3	N/A
9/30/2014	0	-7	N/A	-5	N/A
6/30/2014	0	-6	N/A	-7	N/A
3/31/2014	1	-16	N/A	N/A	N/A
12/31/2013	1	-25	N/A	-7	N/A
9/30/2013	1	-25	N/A	-5	N/A
6/30/2013	0	-25	N/A	-3	N/A

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 is expected to become profitable in the next 3 years.

Revenue vs Market: OBM's revenue (39.1% per year) is forecast to grow faster than the Australian market (5% per year).

High Growth Revenue: OBM's revenue (39.1% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if OBM's Return on Equity is forecast to be high in 3 years time

Ora Banda Mining Future Growth

Future criteria checks 5/6

Key information

Recent future growth updates

Ora Banda Mining Limited Revises Production Guidance for the Fiscal Year 2022

Recent updates

First half 2024 earnings released: EPS: AU$0.006 (vs AU$0.015 loss in 1H 2023)

Ora Banda Mining Limited has completed a Follow-on Equity Offering in the amount of AUD 30 million.

Ora Banda Mining Limited Announces Updated Estimates for Its Davyhurst Gold Project ("Dgp") Mineral Resources and Ore Reserves

Full year 2023 earnings released: AU$0.032 loss per share (vs AU$0.08 loss in FY 2022)

Ora Banda Mining Limited, Annual General Meeting, Nov 28, 2023

New minor risk - Market cap size

Ora Banda Mining Limited, Annual General Meeting, Jun 08, 2023

First half 2023 earnings released: AU$0.015 loss per share (vs AU$0.007 profit in 1H 2022)

Ora Banda Mining Limited Updates Estimate of Mineral Resources and Maiden Ore Reserve for Its Riverina Underground

Ora Banda Mining Limited Provides Exploration Update

Ora Banda Mining Limited Announces Chief Financial Officer Changes

Ora Banda Mining Limited Announces Riverina Exploration Update

Less than half of directors are independent

Ora Banda Mining Limited Announces Riverina Exploration Update

Ora Banda Mining Limited Announces Management Changes

Ora Banda Mining Limited Announces Appointment of Managing Director and Director Resignations

Ora Banda Mining Limited, Annual General Meeting, Nov 23, 2022

Ora Banda Mining Limited Announces Non-Executive Director Changes

Ora Banda Mining Limited Announces Appointment of Luke Creagh as Chief Executive Officer

Ora Banda Mining Limited Announces Five New Targets to Be Drilled At Greater Callion

Insufficient new directors

Ora Banda Mining Limited Announces Operations Update

Ora Banda Mining Limited Announces CEO Changes

Ora Banda Mining Limited Revises Production Guidance for the Fiscal Year 2022

TNT Mines Ltd (ASX: TIN) agreed to acquire Mt Ida Gold Pty Ltd from Ora Banda Mining Limited (ASX: OBM) for AUD 11 million.

TNT Mines Limited (ASX:TIN) signed a non-binding and exclusive term sheet to acquire Mount Ida from Ora Banda Mining Limited (ASX:OBM) for AUD 11 million.

Non-Executive Chairman recently bought AU$52k worth of stock

Ora Banda Mining Limited announced that it expects to receive AUD 21.107793 million in funding

Ora Banda Mining Limited Announces Assay Results for the Golden Eagle Deposit

Ora Banda Mining Limited Provides Operational Update of Davyhurst Gold Project

Non-Executive Chairman recently bought AU$99k worth of stock

Ora Banda Mining Limited Announces Further Riverina South and Riverina Underground Assay Results from the Infill Drilling Program That Recommenced in January 2021

New 90-day low: AU$0.26

Ora Banda Mining Limited Announces Management Changes Effective 2 April 2021

Ora Banda Mining Limited Announce Riverina South Assay Results from the Infill Drilling Program

Ora Banda Mining Limited Process Plant Successfully Recommissions First Gold Poured

New 90-day low: AU$0.27

New 90-day low: AU$0.29

New 90-day low: AU$0.30

Ora Banda Mining Limited Announces Maiden Mineral Resource of 43,000 Au Ounces At Its Riverina South Project

Ora Banda Mining Limited Provides Update on Gold Production At Davyhurst Gold Project

New 90-day high - AU$0.38

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

Discover growth companies