Analyst Price Target is GBX 105
▲ +425.00% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Neometals in the last 3 months. The average price target is GBX 105, with a high forecast of GBX 105 and a low forecast of GBX 105. The average price target represents a 425.00% upside from the last price of GBX 20.
Current Consensus is
The current consensus among 1 contributing investment analysts is to buy stock in Neometals. This Buy consensus rating has held steady for over two years.
Neometals Ltd explores for mineral projects in Australia. The company operates through three segments: Lithium, Titanium/Vanadium, and Other. Its projects include the Lithium-ion Battery Recycling project, which recovers cobalt and other materials from spent and scrap lithium batteries; Vanadium Recovery project, which recovers vanadium pentoxide through processing of steelmaking by-products; Lithium Refinery project; and Barrambie Titanium and Vanadium project located in Western Australia. The company was formerly known as Reed Resources Ltd. and changed its name to Neometals Ltd in December 2014. Neometals Ltd was incorporated in 2001 and is based in West Perth, Australia.