Ora Banda Mining Limited engages in mineral exploration, mining operations, mine development, and the sale of gold and gold-bearing ore in Australia. The company primarily explores for gold, nickel, and copper. The company holds 100% interest in the Davyhurst Gold Project that is located in the north-west of Kalgoorlie. 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 was incorporated in 2002 and is based in Subiaco, Australia.
Research context
Ora Banda Mining Limited appears in PyInvesting’s Australia Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- AUD
- Sector
- Basic Materials
- Industry
- Gold
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5 years, 6 months ago
Ora Banda Mining Limited is currently in a long term downtrend where the price is trading 40.1% below its 200 day moving average.
From a valuation standpoint, the stock is 99.7% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 2.2.
Its net income has dropped by 69.9% to $-9M since the same quarter in the previous year.
Finally, its free cash flow fell by 114.1% to $-14M since the same quarter in the previous year.
Based on the above factors, Ora Banda Mining Limited gets an overall score of 1/5.