AIS 4.08% 25.5¢ 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
25.5¢
Change
0.010(4.08%)
Mkt cap ! $246.7M
Open High Low Value Volume
25.0¢ 26.0¢ 25.0¢ $683.7K 2.701M

Buyers (Bids)

No. Vol. Price($)
4 141268 25.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.5¢ 86563 4
View Market Depth
Last trade - 16.10pm 10/05/2024 (20 minute delay) ?
Last
25.3¢
  Change
0.010 ( 3.78 %)
Open High Low Volume
25.0¢ 26.0¢ 25.0¢ 2029653
Last updated 15.56pm 10/05/2024 ?
AIS (ASX) Chart
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