AMI 2.38% 21.5¢ aurelia metals limited

Ann: Becoming a substantial holder, page-47

  1. 509 Posts.
    lightbulb Created with Sketch. 67
    Hey jc; Morningstar is an automated system by my understanding (or otherwise operated by automatons), so any recommendation is based on whatever numbers they feed into it. Any interpretation is generic gumph so never ever use it as your decision maker; speak to a professional broker (preferably recommended by someone you trust who has had positive results).

    That said, IMO pros:
    They are making money and lots of it.
    Grade is outperforming and will be excellent over the next year in particular.
    Costs are exceptionally low.
    Base metal prices are strong, as are pm prices.

    Cons:
    Mine life currently at about 8 years (that said, AMI spoilt for choice with expansion targets).
    Not a well known name in the market, and are competing against bigger names at present for investors dollars eg. NST, SAR, RRL, EVN (actually that is probably a positive if you are looking to get in)
    Sorry / struggling with the negatives.
 
watchlist Created with Sketch. Add AMI (ASX) to my watchlist
(20min delay)
Last
21.5¢
Change
0.005(2.38%)
Mkt cap ! $363.6M
Open High Low Value Volume
21.5¢ 22.0¢ 21.0¢ $252.5K 1.174M

Buyers (Bids)

No. Vol. Price($)
6 196777 21.5¢
 

Sellers (Offers)

Price($) Vol. No.
22.0¢ 612791 17
View Market Depth
Last trade - 16.10pm 18/07/2024 (20 minute delay) ?
AMI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.