MA Financial upgrades Ora Banda Mining stock to Buy at AUD 1.55

Published on 10/20/2026 at 01:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The target reached AUD 1.55 on October 16, 2026. For Ora Banda Mining stock, fiscal-year revenue reached AUD 807.50 million.

Analyst target and operating scale

MA Financial upgraded Ora Banda Mining to Buy with an AUD 1.55 target on October 16, 2026.
Revenue reached AUD 807.50 million in fiscal year 2026, up from AUD 404.30 million.
Ora Banda Mining had a market capitalization of AUD 2.7 billion as of October 19, 2026.

Ora Banda Mining, AU0000050130, Illustration mit AI erstellt.

Ora Banda Mining (ISIN AU0000050130) received a Buy rating and an AUD 1.55 price target from MA Financial Group on October 16, 2026, according to TipRanks. The target gives investors a fresh benchmark as the Australian gold producer scales its underground operations.

What does AUD 807.50 million mean?

The fiscal year 2026 operating picture provides the clearest context. Revenue doubled to AUD 807.50 million from AUD 404.30 million, while EBITDA rose 134% to AUD 431.10 million and net profit after tax increased 16% to AUD 216.20 million, The Bull reported on October 18, 2026.

That growth came with a cost trade-off. All-in sustaining costs climbed 30% to AUD 3,496.00 per ounce from AUD 2,693.00, while free cash flow reached AUD 214.50 million in fiscal year 2026. The cost increase gives the new analyst target a measurable counter-factor.

Targets point to a wider range

MA Financial's October 16 upgrade followed UBS maintaining a Buy rating and an AUD 2.10 target on October 8, 2026, as reported by Markets Insider. The difference between AUD 1.55 and AUD 2.10 shows that published targets still span a wide range.

Production reached 140,641 ounces in fiscal year 2026, up 51% from the prior year, while liquidity stood at AUD 468.00 million. The Davyhurst Gold Project now combines Riverina Underground and Sand King Underground, leaving production growth and cost control as the central operating measures.

Stock and valuation context

Ora Banda Mining was last at AUD 1.38 on the ASX on October 19, 2026 at 1:10 p.m. AWST. Its market capitalization was AUD 2.7 billion, with a 52-week range of AUD 0.98 to AUD 1.72 on the same market snapshot.