Just got this in an email today ...Thu, 1 Feb at 9:24...

Just got this in an email today ...Thu, 1 Feb at 9:24 am

Thursday, 1 February 2024

AMI - AURELIA METALS LIMITED

Macquarie rates AMI as Outperform (1) - Aurelia Metals' Dec Q performance was mixed, Macquarie notes, featuring stronger than expected production from Dargues offset by softer production from Peak. FY24 copper production guidance has been downgraded due to a change in the stope sequence at Peak.

Gold production is expected to be in the upper half of guidance ranges and lead/zinc production to be in the lower half of guidance ranges.

The balance sheet is in good shape, the broker declares, placing Aurelia in a good position to push ahead with the key Federation growth project.

Outperform and 22c target retained.

Target price is $0.22 Current Price is $0.12 Difference: $0.105 If AMI meets the Macquarie target it will return approximately 91% (excluding dividends, fees and charges). The company's fiscal year ends in June.

Forecast for FY24:

Macquarie forecasts a full year FY24 dividend of 0.00 cents and EPS of 0.50 cents . At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 23.00.

Forecast for FY25:

Macquarie forecasts a full year FY25 dividend of 0.00 cents and EPS of 1.70 cents . At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 6.76.

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