Ora Banda Mining Limited
OBM.AXBasic MaterialsASXGold · Last scanned Jun 1, 2026
Scan Results
Daily timeframeOra Banda Mining Limited engages in the exploration, operation, and development of mineral properties and mining in Australia. With a market capitalization of $2.72B, it sits in mid-cap territory. The company primarily explores for gold, nickel, copper, lithium.
Market Cap
$2.72B
Beta
1.37
P/E (TTM)
11.75
P/E (Fwd)
10.06
EPS (TTM)
$0.12
EPS (Fwd)
$0.14
ROE
85.4%
ROA
30.9%
Cash
$155.4M
Total Debt
$28.3M
Free CF
$63.9M
52W Change
14.7%
Annual Financials
Cash vs Debt
Ora Banda Mining Limited holds $155.4M in cash against $28.3M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow comes in at $63.9M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 85.4% points to exceptionally high capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Return on assets of 30.9% further supports the picture of efficient asset utilization. Revenue has grown from $25.1M (2021) to $214.2M (2024), reflecting a 753% increase over the period.
With cash comfortably exceeding debt, OBM.AX has financial flexibility that may help navigate uncertain periods. No single metric tells the full story. Reviewing OBM.AX's risk profile alongside its fundamentals and technical indicators provides a more complete picture.