Ann: Quarterly Activities Report, page-23

I just got this... Fri, 28 Jan at 9:34 am

Friday, 28 January 2022

AMI - AURELIA METALS LIMITED

Macquarie rates AMI as Outperform (1) - Aurelia Metals' December quarter production fell -7% short of Macquarie's estimate while sales and costs were in line. Commentary suggests production will be at the bottom end of the FY guidance range while costs should improve.

The key upcoming catalysts for the miner will be a feasibility study on significant Federation growth project, around mid-2022. Despite the miss the broker has increased its target to 60c from 55c, Outperform retained.

Target price is $0.60 Current Price is $0.44 Difference: $0.16 If AMI meets the Macquarie target it will return approximately 36% (excluding dividends, fees and charges). The company's fiscal year ends in June.

Forecast for FY22:

Macquarie forecasts a full year FY22 dividend of 0.00 cents and EPS of 1.30 cents . At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 33.85.

Forecast for FY23:

Macquarie forecasts a full year FY23 dividend of 0.00 cents and EPS of 1.90 cents . At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 23.16.

Market Sentiment: 1.0All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources