Ord Minnett rates AMI as Speculative Buy
12 March 2024
Ord Minnett's positive view on Aurelia Metals was reinforced by a recent site trip to Cobar showing the Federation development remains on track, while mining/processing at Peak is tracking according to expectations, despite adverse weather.
The broker expects Peak/Federation will be generating circa $11m of free cash flow in FY25 and around $140mpa over FY27-32.
The Speculative Buy rating is unchanged, and the target rises to 22c from 21c.
Media, page-53
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Last
17.0¢ |
Change
-0.015(8.11%) |
Mkt cap ! $287.2M | |||
| Open | High | Low | Value | Volume |
| 18.5¢ | 18.5¢ | 17.0¢ | $728.7K | 4.141M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 239996 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 120296 | 3 |
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| Last trade - 16.10pm 05/06/2024 (20 minute delay) ? |
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Last
17.0¢ |
Change
-0.015 ( 8.16 %) |
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| Open | High | Low | Volume | ||
| 18.3¢ | 18.5¢ | 17.0¢ | 2113740 | ||
| Last updated 15.59pm 05/06/2024 ? | |||||
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