` AKO (Akora Resources Ltd) vs S&P/ASX 300 Comparison - Alpha Spread

AKO
vs
S
S&P/ASX 300

Over the past 12 months, AKO has underperformed S&P/ASX 300, delivering a return of -16% compared to the S&P/ASX 300's +5% growth.

Stocks Performance
AKO vs S&P/ASX 300

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Performance Gap
AKO vs S&P/ASX 300

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AKO
S&P/ASX 300
Difference
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Performance By Year
AKO vs S&P/ASX 300

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Competitors Performance
Akora Resources Ltd vs Peers

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Akora Resources Ltd
Glance View

Market Cap
16m AUD
Industry
Metals & Mining

Akora Resources Ltd. engages in the exploration and development of iron ore projects in Madagascar. The company is headquartered in Melbourne, Victoria. The company went IPO on 2020-12-15. The company is engaged in the exploration and development of the Bekisopa Project, the Tratramarina Project and the Ambodilafa Project, iron ore projects in Madagascar. The company holds approximately 308 square kilometers of tenements across its three exploration areas, with each project being covered by several separate tenements. The Bekisopa Iron Ore Project consists of three granted research permits (PRs) and one granted small scale mining permit (PRE) covering approximately 93.5 square kilometres (km) and is located approximately 220 km from the west coast. The Tratramarina Project is located approximately 16 km from the ocean with a potential port/transhipping location south of Mahanoro near the mouth of the Mangoro river. The Ambodilafa Project tenement area is comprised of three licenses that cover an area of approximately 52.33 square kilometers and is located approximately 45 km west of the coastal village of Nosy Varika.

AKO Intrinsic Value
0.002 AUD
Overvaluation 98%
Intrinsic Value
Price
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