Ora Banda Mining (OBM) AI Stock Analysis

• Market Cap: AU$1.26B
• Dividend Yield: N/A
• Average Volume (3M): 12.09M
• Price to Earnings (P/E): 18.6
• Beta (1Y): 1.15
• Revenue Growth: 82.59%
• EPS Growth: N/A
• Country: AU
• Employees: 7
• Sector: Basic Materials
• Sector Strength: 72
• Industry: Gold
• EPS (TTM): 0.03
• Shares Outstanding: 1,883,818,400
• 10 Day Avg. Volume: 13,115,743
• 30 Day Avg. Volume: 12,094,644
• PEG Ratio: 0.16
• Price to Book (P/B): 8.96
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 50.75
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$0.93
• Price Target Upside: 38.81% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3

• Rating: 58 Neutral
• Price Target: AU$0.50 ▼(-25.37%Downside)

The overall score reflects a combination of strong financial performance with improved revenue growth and profitability, balanced by technical weakness and liquidity concerns. While the stock's valuation appears reasonable, bearish technical indicators suggest caution. The absence of significant earnings call insights and corporate events limits additional context.

Ora Banda Mining Business Overview & Revenue Model

Company Description

Ora Banda Mining Limited engages in the exploration, operation, and development of mineral properties in Australia. The company explores for gold, nickel, copper, lithium, and base metal deposits. It holds 100 % interest in the Davyhurst Gold project comprises 92 tenements covering an area of approximately 1,210 square kilometers located in North-West of Kalgoorlie, Western Australia. Its production deposits also include the Riverina, Sand King, Missouri, Waihi, Callion, Lady Ida, Mulline, and Golden Eagle projects. 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 West Perth, Australia.

How the Company Makes Money

Ora Banda Mining makes money through the extraction, production, and sale of gold. The company's primary revenue stream is derived from mining operations within its tenements in the Eastern Goldfields of Western Australia. OBM focuses on optimizing its mining processes to increase gold output, thereby enhancing profitability. Additionally, the company may engage in strategic partnerships and joint ventures to leverage technology and expertise, further augmenting its operational efficiency and financial performance. Revenue is largely dependent on gold prices in the global market, which can impact the company's earnings.

Ora Banda Mining Financial Statement Overview

Summary

Ora Banda Mining shows strong revenue growth and improved profitability, indicating a positive trajectory. The balance sheet reflects moderate leverage, but increased reliance on liabilities and negative free cash flow present liquidity challenges. Historical volatility in earnings poses additional risks.

Income Statement

Ora Banda Mining has shown notable revenue growth of 57.6% from 2023 to 2024, indicating strong top-line performance. The gross profit margin improved significantly to 24.8% in 2024 from a negative margin in 2023, showcasing better operational efficiency. The net profit margin also turned positive at 12.9% in 2024, reflecting improved profitability. However, historical volatility in earnings and prior negative margins pose potential risks.

Balance Sheet

The company has a moderate debt-to-equity ratio of 0.32, indicating manageable leverage levels. The return on equity is strong at 28.5%, reflecting effective use of equity in generating profits. However, the equity ratio decreased from 27.1% in 2023 to 49.4% in 2024, suggesting a heavier reliance on liabilities. Stability in equity is crucial for future growth.

Cash Flow

Operating cash flow improved to $36.25 million in 2024 from a negative cash flow in 2023, indicating better cash generation from operations. However, the free cash flow remains negative at -$32.84 million, highlighting high capital expenditures. The operating cash flow to net income ratio is favorable at 1.31, but persistently negative free cash flow poses liquidity risks.

Breakdown	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement
Total Revenue	214.24M	135.89M	154.26M	25.11M	0.00
Gross Profit	53.16M	-31.58M	-6.00M	-8.85M	-661.00K
EBITDA	54.44M	-23.59M	-45.20M	-14.54M	-5.99M
Net Income	27.57M	-44.13M	-87.94M	-22.28M	-6.67M
Balance Sheet
Total Assets	195.81M	114.62M	100.74M	172.51M	71.85M
Cash, Cash Equivalents and Short-Term Investments	26.80M	24.73M	27.75M	24.22M	10.58M
Total Debt	31.09M	31.80M	24.34M	27.19M	392.00K
Total Liabilities	99.03M	83.53M	65.91M	70.49M	23.82M
Stockholders Equity	96.79M	31.09M	34.84M	102.02M	48.03M
Cash Flow
Free Cash Flow	-32.84M	-40.19M	-14.41M	-58.67M	-21.06M
Operating Cash Flow	36.25M	-23.47M	24.76M	-11.24M	-10.55M
Investing Cash Flow	-39.49M	-11.24M	-27.60M	-43.32M	-10.46M
Financing Cash Flow	5.31M	31.68M	6.38M	68.20M	17.44M

Ora Banda Mining Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.67
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:OBM, the sentiment is Negative. The current price of 0.67 is below the 20-day moving average (MA) of 0.70, below the 50-day MA of 0.89, and below the 200-day MA of 0.88, indicating a bearish trend. The MACD of -0.05 indicates Negative momentum. The RSI at 37.57 is Neutral, neither overbought nor oversold. The STOCH value of 50.56 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AU:OBM.

Ora Banda Mining Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CYL	66 Neutral	AU$1.19B	14.31	35.27%	―	148.01%	―
Sector *	63 Neutral	$10.53B	10.83	1.51%	2.68%	2.24%	-33.79%
OBM	58 Neutral	AU$1.26B	18.56	68.50%	―	82.59%	―
EOGSF	―	$1.60B	24.80	18.72%	―	―	―
GYYSF	―	$1.80B	―	-33.29%	―	―	―
WGXRF	―	$1.64B	33.14	1.93%	0.85%	―	―
VAU	63 Neutral	AU$2.69B	51.97	7.58%	―	85.82%	-47.59%

Ora Banda Mining Corporate Events

Ora Banda Mining Reports Strong FY25 Results and Ambitious FY26 Guidance

Ora Banda Mining Ltd reported a 32% increase in gold production for FY25, achieving 92.4koz, despite some operational delays. The company ended the year with a strong cash position of $84.2M and significant stockpiles, setting a positive outlook for FY26. For FY26, Ora Banda projects a 60% increase in gold production, aiming for 140-155koz, driven by contributions from the Sand King Underground Mine and third-party ore processing agreements. The company anticipates higher all-in sustaining costs due to increased processing and mining expenses, alongside higher royalties from stronger gold prices.

The most recent analyst rating on (AU:OBM) stock is a Hold with a A$1.20 price target. To see the full list of analyst forecasts on Ora Banda Mining stock, see the AU:OBM Stock Forecast page.

Ora Banda Mining Announces Director’s Interest Change

Ora Banda Mining Ltd announced a change in the director’s interest notice, specifically regarding Peter Mansell’s indirect interest in securities. The change involved the acquisition of 10,567 fully paid ordinary shares issued in lieu of cash payment for director’s fees for the March 2025 quarter, as approved by shareholders. This adjustment reflects the company’s strategic approach to managing director compensation and aligning it with shareholder interests.

The most recent analyst rating on (AU:OBM) stock is a Hold with a A$1.20 price target. To see the full list of analyst forecasts on Ora Banda Mining stock, see the AU:OBM Stock Forecast page.

Ora Banda Mining Reports Strong Exploration Results at Key Sites

Ora Banda Mining Limited has announced significant exploration results from its Riverina, Waihi, and Little Gem sites. The company has confirmed a robust and continuous mineralised system at Riverina, with potential for future mine life extensions. The Waihi site has shown promising depth extensions, while Little Gem has confirmed a significant continuous strike trend. These developments highlight the company’s strong position in the gold mining sector and potential for increased resource estimates.

The most recent analyst rating on (AU:OBM) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Ora Banda Mining stock, see the AU:OBM Stock Forecast page.

Ora Banda Mining Updates FY25 Gold Production Guidance

Ora Banda Mining Limited has updated its guidance for the Davyhurst Project, forecasting a total production of approximately 95,000 ounces of gold for FY25, which is a 35% increase from FY24 but 5% below the lower end of its guidance. The company faced production challenges due to extended downtime from processing plant upgrades, but the plant is now fully operational, and mining performance is strong, with increased ore stockpiles. Despite these challenges, the company expects an all-in sustaining cost of $2,600 per ounce, slightly above previous guidance.

The most recent analyst rating on (AU:OBM) stock is a Hold with a A$1.03 price target. To see the full list of analyst forecasts on Ora Banda Mining stock, see the AU:OBM Stock Forecast page.

Ora Banda Mining Announces Cessation of Securities

Ora Banda Mining Ltd has announced the cessation of certain securities, specifically performance and retention rights, due to unmet conditions. This development may impact the company’s capital structure and could have implications for stakeholders, as it reflects on the company’s operational and strategic adjustments.

The most recent analyst rating on (AU:OBM) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Ora Banda Mining stock, see the AU:OBM Stock Forecast page.

Ora Banda Mining Announces Quotation of New Securities on ASX

Ora Banda Mining Ltd has announced the quotation of 350,000 ordinary fully paid securities on the ASX, effective from May 9, 2025. This move is part of the company’s strategy to enhance its capital structure by exercising options or converting other securities, potentially impacting its market positioning and providing opportunities for stakeholders.

The most recent analyst rating on (AU:OBM) stock is a Buy with a A$1.20 price target. To see the full list of analyst forecasts on Ora Banda Mining stock, see the AU:OBM Stock Forecast page.

Ora Banda Mining Provides Investor Update with Forward-Looking Insights

Ora Banda Mining Ltd has released an investor presentation highlighting its current activities and future outlook. The presentation contains forward-looking statements about the company’s production and financial performance, emphasizing that these projections are subject to various risks and uncertainties. The company advises investors to consider their own financial situations and seek appropriate advice before making investment decisions.

Ora Banda Mining Reports Strong Quarterly Performance and Exploration Success

Ora Banda Mining Limited reported a strong performance for the March 2025 quarter, with a significant increase in cash reserves and gold production. The company achieved a 6% increase in gold sales and a 1% rise in gold production compared to the previous quarter. The Riverina Underground operation continued to deliver high-grade ore, and the Sand King Underground mine commenced its first production stope. Despite temporary downtime due to processing plant upgrades, the company anticipates increased production rates in the upcoming quarter. Exploration efforts confirmed high-grade mineralization at Riverina and identified a new potential deposit at Little Gem, enhancing the company’s resource base.