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Ora Banda Mining ( (AU:OBM) ) has shared an update.
Ora Banda Mining reported a sharp improvement in its half-year financial performance for the period ended 31 December 2025, with revenue from ordinary activities rising 80.4% to $336.3 million and net profit after tax attributable to members jumping 89.4% to $96.3 million. Despite the profit surge and a significant increase in net tangible assets per share from $0.08 to $0.22 year-on-year, the company confirmed that no dividends were paid or proposed, signalling a continued focus on reinvestment and balance sheet strengthening while maintaining its existing joint venture interests.
The most recent analyst rating on (AU:OBM) stock is a Buy with a A$1.50 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 Ltd is an Australian mining company listed on the ASX under the code OBM. The group is involved in mineral exploration and related activities through joint venture interests, including the Davyston Exploration JV and the Siberia Tank JV, reflecting a focus on exploration-stage assets in Western Australia.
Average Trading Volume: 8,236,300
Technical Sentiment Signal: Buy
Current Market Cap: A$2.35B
Learn more about OBM stock on TipRanks’ Stock Analysis page.