Been searching29 May 2026 08:05
The net looking for any information on the current situation.......had to laugh when I came across this but it would be awesome if it came to fruition.........."PYX Resources (NSX: PYX) is currently trading around AU$0.51, and market consensus provides a 12-month target price of AU$97.42. The massive theoretical upside reflects long-term valuations of the company's massive zircon resources, despite near-term trading friction and regulatory shifts in Indonesia.Key Factors Impacting PYX ResourcesAnalyst Targets: The extremely optimistic consensus of AU$97.42 represents a historical divergence between long-term fundamental valuation models (like Discounted Cash Flow) and short-term market momentum.Broker Estimates: Analysts continue to hold long-term "Strong Buy" sentiment based on the expansion of their Indonesian-based Mandiri and Tisma operations, while factoring in volatility in global commodity pricing.Operational Environment: The stock has faced market pressure and trading halts due to regulatory shifts in Indonesia, including necessary mining permits (such as KRAB)..."