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Ora Banda Mining ( (AU:OBM) ) just unveiled an update.
Ora Banda Mining Ltd has reported a transformative year in FY25, marked by the successful commissioning of its Sand King mine, leading to record production and significant financial growth. The company has invested heavily in capital projects and sustainability initiatives, achieving notable improvements in safety, workforce diversity, and community engagement. Looking ahead, Ora Banda plans to increase production by 60% in FY26 and undertake extensive exploration and development activities, positioning itself as a stronger mid-tier gold mining business.
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 a company in the gold mining industry, focusing on high-grade underground gold mining operations. It operates primarily in the Davyhurst region, with key projects including the Riverina and Sand King mines. The company is committed to sustainability and improving its financial performance, with a market focus on expanding its production capabilities and enhancing stakeholder engagement.
Average Trading Volume: 11,797,617
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.28B
For detailed information about OBM stock, go to TipRanks’ Stock Analysis page.