Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Ora Banda Mining ( (AU:OBM) ) has provided an update.
Ora Banda Mining Limited reported a significant financial and operational performance for the fiscal year ending June 30, 2025. The company achieved record revenue of $404.3 million, a 243% increase in EBITDA to $184.6 million, and a 575% rise in net profit after tax to $186.1 million. This growth was driven by increased gold production, particularly from the Riverina Underground mine, and a higher realized gold price. The company also commenced operations at its second underground mine, Sand King, and secured a $50 million revolving credit facility, enhancing its liquidity and positioning in the mining sector.
The most recent analyst rating on (AU:OBM) stock is a Hold with a A$0.50 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 Limited is a company operating in the mining industry, primarily focused on gold production. The company is known for its underground mining strategy and operates the Davyhurst Gold project, which includes the Riverina and Sand King underground mines.
Average Trading Volume: 10,834,072
Technical Sentiment Signal: Hold
Current Market Cap: A$1.31B
For a thorough assessment of OBM stock, go to TipRanks’ Stock Analysis page.