OBM

ORABANDA FPO [OBM]
Ora Banda Mining Limited engages in the exploration, operation, and development of mineral properties and mining in Australia. The company primarily explores for gold, nickel, copper, lithium. The company holds 100% interests in the Davyhurst Gold Project located in north-west of Kalgoorlie. 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 Subiaco, Australia.
Basic Materials · ASX Small Cap
$1.1220 +0.6%

Updated 14 Jul 2026 · Signals refresh every scan

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Active Signals

Bullish Signals

  • MACD momentum is picking up steam
  • Lagging the Small Ords index — relative strength of 0.86, underperforming its peers
  • Volatility is contracting — like a spring being compressed, breakouts often follow
  • Cash positive / operating cashflow positive
  • Low P/S ratio (3.9x)
  • Strong revenue growth (+80%)
  • Piotroski F-Score strong (9/9, low-confidence approx)
  • EPS estimates revised upward (+6pts)
  • Post-earnings drift: positive surprise (SUE +10)
  • CANSLIM C: Strong EPS growth (89% QoQ)
  • CANSLIM A: Turned profitable
  • CANSLIM I: Institutional ownership (40%)
  • Strong return on equity (85%)
  • Healthy profit margins (42%)
  • Sentiment is mixed — no strong consensus either way
  • Positive long-term momentum — up 45% over the past year
  • Earnings are trending the right way — 2 consecutive improvements
  • Revenue growing at +80% — the top line is moving in the right direction
  • Days to cover very high (11.0)
  • RBA hiking (-3pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-0.54%/day)
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Recent Catalysts

NONE OBM Annual Resource and Reserve Statement
NONE Application for quotation of securities - OBM
NONE Notification of cessation of securities - OBM

Recent ASX Announcements

2026-07-13 OBM Annual Resource and Reserve Statement PRICE SENSITIVE
2026-06-30 Application for quotation of securities - OBM
2026-06-30 Notification of cessation of securities - OBM
2026-06-29 Revised Securities Trading Policy
2026-06-14 EPC Contract Signed

Key Metrics

$2.1B
Market Cap
6.7M
Avg Volume
0.8x
Vol Ratio
$0.63 — $1.72
52-Week Range
3.8%
Short Interest
N/A
Cash Runway
85.4%
ROE
41.8%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSpassEPS Growth: 89%
AAnnual EarningsimprovingCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandneutralFloat: 71%
LLeader vs LaggardlaggardRS: -17
IInstitutional SponsorshippassInst: 40%
MMarket DirectionneutralNeutral

Sector: Basic Materials

514 tickers in this sector

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