Was emailed this from a mate this afternoon. Similar outlook to Macquarie.
Ord Minnett rates AMI as Speculative Buy - 8 February
Aurelia Metals: December-quarter result fell shy of Ord Minnett's forecasts due to delays (which affected grades) at Peak. Federation was in line.
The company closes the quarter with $109m in cash and $160m in liquidity.
The broker appreciates Aurelia Metals strong balance sheet believing it provides plenty of flexibility to bring Federation on line and deliver on Cobar opportunities.
Speculative Buy rating retained. Target price rises to 21c from 20c.
Target price is $0.21.Current Price is $0.11.
Ann: Major Rain Event at Hera and Federation, page-16
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Last
18.5¢ |
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Mkt cap ! $312.6M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 19.0¢ | 18.0¢ | $235.4K | 1.273M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1867416 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 59184 | 1 |
View Market Depth
| Last trade - 16.10pm 14/05/2024 (20 minute delay) ? |
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18.5¢ |
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| Open | High | Low | Volume | ||
| 18.5¢ | 19.0¢ | 18.0¢ | 639064 | ||
| Last updated 15.59pm 14/05/2024 ? | |||||
| AMI (ASX) Chart |