Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Ora Banda Mining ( (AU:OBM) ) has provided an update.
Ora Banda Mining reported record quarterly gold production of 32,036 ounces in the December 2025 quarter, a 5% rise on the prior period and 39% higher than the second half of FY25, alongside robust exploration results at Waihi, Little Gem/Riverina and Sand King that support future mine development. Despite a sharp increase in all-in sustaining costs to A$3,505/oz due to greater reliance on higher-cost third-party processing, the company grew its cash balance by A$32.8 million to A$155.4 million while investing heavily in underground development, infrastructure and exploration, and has approved A$63 million of internally funded growth projects in FY26, including work on a new 3mtpa mill, reaffirming production guidance of 140,000–155,000 ounces (towards the lower end) but lifting full-year cost and capital guidance as it accelerates its organic growth strategy.
The most recent analyst rating on (AU:OBM) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Ora Banda Mining stock, see the AU:OBM Stock Forecast page.
More about Ora Banda Mining
Ora Banda Mining Ltd is an Australian gold producer listed on the ASX, focused on its Davyhurst operations in Western Australia. The company’s primary business is underground gold mining and processing, with growth driven by the Riverina and Sand King underground mines and supported by an active exploration and resource development program across its broader project portfolio.
Average Trading Volume: 8,993,386
Technical Sentiment Signal: Buy
Current Market Cap: A$3.04B
Find detailed analytics on OBM stock on TipRanks’ Stock Analysis page.