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Ora Banda Mining (AU:OBM)
ASX:OBM
Australian Market

Ora Banda Mining (OBM) AI Stock Analysis

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AU

Ora Banda Mining

(Sydney:OBM)

Rating:54Neutral
Price Target:
AU$1.00
▲(35.14%Upside)
The overall stock score is primarily influenced by strong financial performance due to revenue growth and improved profitability. However, bearish technical indicators and a relatively high P/E ratio offset these positives, suggesting caution. The absence of a dividend yield further limits attractiveness.

Ora Banda Mining (OBM) vs. iShares MSCI Australia ETF (EWA)

Ora Banda Mining Business Overview & Revenue Model

Company DescriptionOra 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 MoneyOra Banda Mining makes money primarily through the exploration, development, and production of gold. The company's revenue model is centered around extracting gold from its mining operations and selling it on the market, where prices are influenced by global gold demand. OBM's key revenue streams include the sale of gold bars, dore, or concentrates produced from the Davyhurst Gold Project. Significant factors contributing to its earnings include efficient mining and processing operations, optimizing the extraction processes, and maintaining cost-effective production. Additionally, any strategic partnerships or joint ventures with other mining companies or investors can enhance OBM's market position and potentially increase its revenue.

Ora Banda Mining Financial Statement Overview

Summary
Income Statement
Balance Sheet
Cash Flow
BreakdownJun 2024Jun 2023Jun 2022Jun 2021Jun 2020
Income Statement
Total Revenue214.24M135.89M154.26M25.11M0.00
Gross Profit53.16M-31.58M-6.00M-8.85M-661.00K
EBITDA54.44M-23.59M-45.20M-14.54M-5.99M
Net Income27.57M-44.13M-87.94M-22.28M-6.67M
Balance Sheet
Total Assets195.81M114.62M100.74M172.51M71.85M
Cash, Cash Equivalents and Short-Term Investments26.80M24.73M27.75M24.22M10.58M
Total Debt31.09M31.80M24.34M27.19M392.00K
Total Liabilities99.03M83.53M65.91M70.49M23.82M
Stockholders Equity96.79M31.09M34.84M102.02M48.03M
Cash Flow
Free Cash Flow-32.84M-40.19M-14.41M-58.67M-21.06M
Operating Cash Flow36.25M-23.47M24.76M-11.24M-10.55M
Investing Cash Flow-39.49M-11.24M-27.60M-43.32M-10.46M
Financing Cash Flow5.31M31.68M6.38M68.20M17.44M

Ora Banda Mining Technical Analysis

Technical Analysis Sentiment
Negative
Last Price0.74
Price Trends
50DMA
1.00
Negative
100DMA
1.01
Negative
200DMA
0.87
Negative
Market Momentum
MACD
-0.09
Positive
RSI
28.93
Positive
STOCH
13.00
Positive
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 0.74 is below the 20-day moving average (MA) of 0.89, below the 50-day MA of 1.00, and below the 200-day MA of 0.87, indicating a bearish trend. The MACD of -0.09 indicates Positive momentum. The RSI at 28.93 is Positive, neither overbought nor oversold. The STOCH value of 13.00 is Positive, 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

Overall Rating
UnderperformOutperform
Sector (44)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
AUCYL
60
Neutral
AU$1.35B16.1835.27%148.01%
AUOBM
54
Neutral
AU$1.39B20.5068.50%82.59%
44
Neutral
C$982.42M-6.71-13.24%2.54%17.20%-32.72%
$1.71B26.6418.72%
$1.59B-33.29%
$1.76B35.951.93%1.75%
AUVAU
61
Neutral
AU$2.76B53.297.58%85.82%-47.59%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
AU:OBM
Ora Banda Mining
0.74
0.40
117.65%
AU:CYL
Catalyst Metals Limited
5.35
4.17
353.39%
EOGSF
Emerald Resources NL
2.60
0.01
0.39%
GYYSF
Gascoyne Resources Limited
1.35
0.73
117.74%
WGXRF
Westgold Resources
1.88
0.12
6.82%
AU:VAU
Red 5 Limited
0.40
0.00
0.00%

Ora Banda Mining Corporate Events

Ora Banda Mining Announces Director’s Interest Change
Jun 13, 2025

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
Jun 9, 2025

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
Jun 5, 2025

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
May 14, 2025

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
May 14, 2025

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
May 11, 2025

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
Apr 30, 2025

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jun 27, 2025