Professional
Added to YB: 2024-08-30
Pitch date: 2024-08-29
FAL.AX [bullish]
Falcon Metals Limited
+164.81%
current return
Author Info
No bio for this author
Company Info
Falcon Metals Limited engages in the mineral exploration business in Australia. The company explores for gold, mineral sands, and rare earth elements.
Market Cap
AUD 85.5M
Pitch Price
AUD 0.27
Price Target
N/A
Dividend
N/A
EV/EBITDA
-7.86
P/E
-11.90
EV/Sales
N/A
Sector
Metals and Mining
Category
growth
Falcon Metals Strikes Big: A High-Grade Mineral Sands Find Worth Over $1 Billion
FAL.AX: Gold explorer found high-grade mineral sands deposit, potential $1bn+ value. Strong lab results: better metallurgy, monazite content, grade. Q4 drilling to determine resource size. Non-core project likely to be sold. EV few tens of millions vs. hundreds of millions/bn+ potential NPV. Mgt has good track record.
Read full article (2 min)