Professional
Added to YB: 2024-08-30
Pitch date: 2024-08-29
FAL.AX [bullish]
Falcon Metals Limited
+185.19%
current return
Author Info
No bio for this author
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Falcon Metals Limited engages in the discovery, exploration, and development of mineral deposits in Australia.
Market Cap
AUD 19.5M
Pitch Price
AUD 0.27
Price Target
N/A
Dividend
N/A
EV/EBITDA
-1.56
P/E
-3.32
EV/Sales
N/A
Sector
Metals and Mining
Category
growth
Show full summary:
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)