AIS 2.13% 23.0¢ aeris resources limited

One small fundy still likes it !With a share price of $0.15, a...

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    One small fundy still likes it !

    With a share price of $0.15, a market capitalisation of $338 million and with cash equivalents on hand at 31 December 2021 of $68 million, positive exploration results are assisting AIS transition from a speculative junior mining company to one with longer-life operations generating strong cashflow over the medium-term. At today’s commodity prices and exchange rates our assessment is AIS has, from Fiscal 2023, the ability to generate an annualised EBITDA of $175 million and net profit approaching $100 million (or 4.4 cents per share). At a forecast Enterprise Value ($270 million)/ EBITDA ($175 million) ratio of 1.5X and a prospective PE (15c/4.4c) of 3.4X for Fiscal 2023, the AIS share price appears to have good upside.
 
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Last
23.0¢
Change
-0.005(2.13%)
Mkt cap ! $222.5M
Open High Low Value Volume
23.0¢ 23.5¢ 22.5¢ $355.9K 1.552M

Buyers (Bids)

No. Vol. Price($)
12 114153 22.5¢
 

Sellers (Offers)

Price($) Vol. No.
23.0¢ 145545 8
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
22.5¢
  Change
-0.005 ( 5.86 %)
Open High Low Volume
23.0¢ 23.0¢ 22.5¢ 517477
Last updated 15.57pm 14/06/2024 ?
AIS (ASX) Chart
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