Aurelia Metals Limited (AMI) Report Analysis
Corporate Events
Aurelia Metals Limited Announces That Great Cobar Project Received NSW Government Approval
2022-05-09 01:03:00
Aurelia Metals Limited announced it has received regulatory approval to extend the life of its Peak gold and base metals operations ("Peak") up until 2035 following the New South Wales (NSW) Government's issue of development consent for the New Cobar Complex. The New Cobar Complex is a State Significant Development (SSD) that amalgamates the existing approved underground mining of the Chesney and Jubilee deposits, and development of new underground workings at the Great Cobar and Gladstone deposits. The approval allows the establishment of a new underground mine at the Great Cobar copper-gold deposit increasing the Company's exposure to a critical, future-facing commodity experiencing significant demand and record prices. The Great Cobar Pre-Feasibility Study (PFS) released in January (see ASX statement on 27 January 2022: Great Cobar PFS outcomes and Peak Ore Reserve increase) supported the development of a new satellite mine based on initial mining at Great Cobar with a maiden 840,000 tonne Ore Reserve to offset mining depletion at Peak. The PFS also showed mining Great Cobar could deliver 2.3 million tonnes to the Peak mines process plant over a nominal five-year production period to produce high- quality copper gold concentrate and gold silver doré. The investment of AUD 65 million in the underground mine delivers economic benefits to the Central West NSW region, including sustaining 400-plus jobs at the Peak operations and an additional 140 jobs during the construction phase. Aurelia anticipates it will commence development of the Great Cobar exploration drive in mid CY2022, which will enable the Company to conduct underground exploration and resource drilling to target the upside potential of the deposit that has already been supported by the recent deeper drilling results that post-date the PFS findings (see ASX statement release on 28 April 2022: Further drilling success across the Aurelia portfolio).
Aurelia Metals Limited Announces Further Drilling Success Across the Aurelia Portfolio
2022-04-27 23:37:00
Aurelia Metals Limited has continued to deliver outstanding drill results across its portfolio of assets and suite of foundational commodities. The latest results affirm the Company's view that it holds one of the most geologically prospective ground positions in Australia and has the expertise and capability to discover and convert this endowment to significantly grow shareholder value. Results include: 74.2m @ 1.6% Cu, 0.8g/t Au in DD21GC0031C; including 24.0m @ 1.6% Cu, 2.2g/t Au (with 4.1m @ 3.3% Cu, 11.8g/t Au); including 7.0m @ 2.9% Cu, 0.4g/t Au; including 9.2m @ 3.5% Cu, 3.7g/t Au. Extensional drilling at the Kairos deposit delivered more spectacular grades: 4.8m @ 41.3g/t Au, 2.7% Pb, 3.6% Zn in UD21PK0178; including 1.8m @ 107.9g/t Au; 6.0m @ 1.6% Cu, 0.2g/t Au in UD21PK0179; including 1.3m @ 6.0% Cu, 0.5g/t Au. Dargues infill and extensional drilling are improving geological confidence at depth, with results including: 15.8m @ 3.8g/t Au in DRU139; including 4.4m @ 9.2g/t Au; 4.9m @ 5.7g/t Au in DRU137d; including 1.6m @ 10.2g/t Au; 10.0m @ 3.0g/t Au in DRU144; including 0.3m @ 23.6g/t Au.
Aurelia Metals Limited, Q3 2022 Earnings Call, Apr 28, 2022
2022-04-26 00:08:00
Aurelia Metals Limited, Q3 2022 Earnings Call, Apr 28, 2022
Aurelia Metals Limited to Report Q3, 2022 Results on Apr 28, 2022
2022-04-26 00:08:00
Aurelia Metals Limited announced that they will report Q3, 2022 results Pre-Market on Apr 28, 2022
Aurelia Metals Limited Breaks Ground At the Federation Project
2022-04-12 23:11:00
Aurelia Metals Limited has made progress achieving several critical milestones in the progression of its Federation Project, including commencing excavation of the box cut for the exploration decline. Located 10km south of the Company's Hera Mine in central-western NSW, the Federation Project centres on the development, mining and processing of high grade polymetallic zinc, lead, gold, silver and copper mineralisation that was discovered in April 2019. It is set to leverage key existing infrastructure and provide operational continuity at Hera, sustaining up to 250 regional jobs. Site Works and Exploration Decline: Site civil works are underway as a precursor for the development of the exploration decline. During March, local civil works contractor, Neill Earthmoving, has cleared and grubbed 32 hectares of land, established access roads, installed sediment controls and stockpiled topsoil for post-closure land rehabilitation. Excavation of the 22m deep box cut for the exploration decline commenced in April. Redpath Australia has been selected to develop the exploration decline, which is expected to commence late in the current quarter. Lateral development and infill drilling from the exploration decline is set to further improve Aurelia's understanding of the mineralisation, rock mass conditions and mining and metallurgical performance of this outstanding deposit, by providing underground exposures and enabling collection of a 20,000 tonne bulk ore sample. Feasibility Study: The Federation Feasibility Study (FS) remains on track for completion in mid-CY22 and is anticipated to support declaration of a maiden Ore Reserve. The FS is based on the exploration results received, and geological modelling prepared, up to the end of February. Drill data and assay results from company's ongoing intensive drill programme that are received after that time will be incorporated into the next Mineral Resource Estimate update for the Federation Project, which is scheduled to be published in July. The FS is expected to define a robust mine development plan that also provides a platform for a significantly longer operating life delivered via targeted conversion of additional Inferred Resources into Indicated and/or Measured categories. Focus has shifted to further extensional drilling at the peripheries of the delineated Federation mineralisation, which remains open along strike in both directions and at depth. Drilling from surface and underground positions will be employed with an aim of continuing the already impressive growth story of the Federation deposit.
Aurelia Metals Limited Announces Gold and Base Metal Intercepts Extend Federation Deposit
2022-01-26 21:34:00
Aurelia Metals Limited provided an update to ongoing infill and extensional drilling at the Federation deposit, located ten kilometres south of the Company's operating Hera Mine. Significant additional drilling has now been completed in this area with the new results amongst the bestencountered since drilling commenced at Federation, including: 6.7 metres at 38.6% Pb+Zn, 7.2g/t Au, 23g/t Ag & 1.2% Cu from 388.7m; 18.2 metres at 34.4% Pb+Zn, 13.1g/t Au, 10g/t Ag & 0.5% Cu from 427.8m, including; 5.0 metres at 62.7% Pb+Zn, 47.2g/t Au, 11g/t Ag & 0.2% Cu from 432.0m; 57.0 metres at 23.7% Pb+Zn, 0.1g/t Au, 11g/t Ag & 0.3% Cu from 584.0m, including; 11.9 metres at 47.9% Pb+Zn, 0.2g/t Au, 18g/t Ag & 0.3% Cu from 598.1m; 14.0 metres at 31.1% Pb+Zn, 0.3g/t Au, 11g/t Ag & 0.1% Cu from 323.0m, including, 7.0 metres at 48.0% Pb+Zn, 0.4g/t Au & 15g/t Ag from 329.0m, 29.9 metres at 24.2% Pb+Zn, 3.9g/t Au, 12g/t Ag & 0.5% Cu from 350.1m, including, 3.0 metres at 1.9% Pb+Zn, 23.4g/t Au, 2g/t Ag & 0.7% Cu from 357.0m, and 13.3 metres at 47.4% Pb+Zn, 1.8g/t Au, 21g/t Ag & 0.7% Cu from 363.5m. 18.6 metres at 48.1% Pb+Zn, 1.3g/t Au, 28g/t Ag & 0.4% Cu from 346.4m, including 10.0 metres at 61.6% Pb+Zn, 0.8g/t Au, 29g/t Ag & 0.4% Cu from 348.0m. The recent drill results have expanded the known extent of the Federation deposit as highlighted which shows the location of the latest high grade results relative to the mine design prepared for the March 2021 Scoping Study. These mineralised extensions are immediately adjacent to the Scoping Study design and will be incorporated into the mine design being prepared for the Federation Project Feasibility Study. The tenor of the gold grades encountered in new holes FDD164W2 (including 5 metres at 47.2g/t Au) and FDD156 (3 metres at 23.4g/t Au), along with previously announced results for hole FDD150W2 (5 metres at 41.7g/t Au), also confirm the presence of another exceptionally high grade gold zone at the southwestern extent of the known deposit. This mineralisation remains open and/or sparsely drilled along strike and will be the focus of ongoing work in the coming quarter.
Aurelia Metals Limited Presents at 121 Mining Investment Online APAC, Nov-02-2021
2021-10-30 05:38:00
Aurelia Metals Limited Presents at 121 Mining Investment Online APAC, Nov-02-2021 .
Aurelia Metals Limited to Report Q1, 2022 Results on Oct 25, 2021
2021-10-20 22:38:00
Aurelia Metals Limited announced that they will report Q1, 2022 results Pre-Market on Oct 25, 2021
Aurelia Metals Limited, Q1 2022 Earnings Call, Oct 25, 2021
2021-10-20 22:38:00
Aurelia Metals Limited, Q1 2022 Earnings Call, Oct 25, 2021
Aurelia Metals Limited Provides Update on Exploration Activities at the Great Cobar Deposit Located to the North of the Company's Peak Mine Near Cobar, New South Wales
2021-10-11 21:43:00
Aurelia Metals Limited provided an update on exploration activities at the Great Cobar deposit located to the north of the Company's Peak Mine near Cobar, New South Wales. In June this year the Company reported that multiple zones of high grade copper-gold mineralisation had been intercepted up to 100 metres below the Great Cobar Mineral Resource envelope, including 15 metres at 3.7% Cu in DD21GC0030A and 7.5 metres at 3.4% Cu in DD21GC0030. In early August, the Company recommenced drilling at Great Cobar to further test the potential of this zone, with the first two follow-up holes returning very strong copper mineralisation, including: 13.0 metres at 5.4% Cu, 0.6g/t Au & 15g/t Ag from 995.0m, including, 4.7 metres at 10.8% Cu, 1.2g/t Au & 31g/t Ag from 995.4m, 37.0 metres at 2.6% Cu, 0.2g/t Au & 4g/t Ag from 855.0m, including, 12.0 metres at 4.2% Cu, 0.3g/t Au & 7g/t Ag from 874.0m, 5.7 metres at 2.5% Cu, 0.1g/t Au & 7g/t Ag from 918.3m, 6.0 metres at 2.4% Cu & 4g/t Ag from 995.0m. Full drill hole details are provided in Table 1 and a list of significant new results received for Great Cobar is provided in Table 2. It is noted that assays for only a portion of hole DD21GC0030C, containing an intense chalcopyrite/pyrrhotite/magnetite breccia, are currently available and that the interval reported may not represent the full extent of mineralisation intercepted by this hole. In combination with the previously announced high grade results from DD21GC0030, the exceptional grade of mineralisation in hole DD21GC0030C suggests that there is significant potential to extend the Great Cobar Mineral Resource beyond the current envelope. Drilling is planned to target further extensions including at depth. The Company plans to access the Great Cobar deposit via the development of an approved exploration decline from the New Cobar workings approximately 1.5km to the southeast. A PFS to evaluate an initial mining area, proximate to the exploration decline and within the larger Great Cobar Mineral Resource, is well advanced and due for completion in the December quarter. These most recent drilling results were received after the cut-off date for inclusion in the PFS but highlight the strong potential to extend the proposed Great Cobar underground mining area.
Aurelia Metals Limited Announces High Grade Footprint Grows at Federation
2021-10-11 21:32:00
Aurelia Metals Limited announced Mineral Resource conversion and extensional drilling continues to intercept high grade base metal and gold mineralisation at the Federation deposit, with new results including: 23.0 metres at 6.8% Pb+Zn & 9.7g/t Au, including 5.0 metres at 15.0% Pb+Zn & 41.7g/t Au, 14.1 metres at 34.4% Pb+Zn & 1.8g/t Au, including 6.0 metres at 50.5% Pb+Zn & 3.6g/t Au, 24.0 metres at 15.0% Pb+Zn & 0.1g/t Au, including 4.9 metres at 50.4% Pb+Zn & 0.2g/t Au, 10.0 metres at 23.4% Pb+Zn & 0.2g/t Au, including 3.0 metres at 40.1% Pb+Zn & 0.5g/t Au, 8.0 metres at 17.4% Pb+Zn & 0.2g/t Au, including 3.0 metres at 41.8% Pb+Zn & 0.4g/t Au Results extend high grade mineralisation up-dip and along strike in the southwestern and central portions of the deposit. Potential new high grade gold corridor emerging at the southwestern boundary of the Resource Intensive drilling in support of the Federation Feasibility Study continuing with four drill rigs in operation. Results to be incorporated into the Feasibility Study mine plan and next Mineral Resource Estimate In July Aurelia released an updated Indicated and Inferred Mineral Resource Estimate (MRE) for the Federation deposit as a part of the Company's annual Mineral Resource and Ore Reserve Statement. The update reported significant growth in the Federation deposit's total MRE to 5.1Mt at 5.5% Pb, 9.3% Zn, 0.9g/t Au, 7g/t Ag & 0.3% Cu, with just under 30% of the tonnage in the higher confidence Indicated category. Aurelia has continued an intensive diamond drilling program to further increase confidence in the MRE. The additional geological and technical data collected from this drilling is being used to support the Federation Feasibility Study (FS), which is expected to facilitate the declaration of a maiden Ore Reserve and Production Target in mid-2022. Assay results returned from the latest drilling continue to show the outstanding grade tenor at Federation, with high grade mineralisation extended up-dip and along strike in the central and southwestern portions of the deposit. Significant new assay results include: 23.0 metres at 6.8% Pb+Zn, 9.7g/t Au, 5g/t Ag & 0.4% Cu from 437.0m, including 5.0 metres at 15.0% Pb+Zn, 41.7g/t Au, 11g/t Ag & 1.5% Cu from 438.0m 14.1 metres at 34.4% Pb+Zn, 1.8g/t Au, 21g/t Ag & 1.3% Cu from 268.9m, including 6.0 metres at 50.5% Pb+Zn, 3.6g/t Au, 29g/t Ag & 1.1% Cu from 273.2m 24.0 metres at 15.0% Pb+Zn, 0.1g/t Au, 6g/t Ag & 0.4% Cu from 488.0m, including 4.9 metres at 50.4% Pb+Zn, 0.2g/t Au, 16g/t Ag & 0.7% Cu from 501.0m 10.0 metres at 23.4% Pb+Zn, 0.2g/t Au, 13g/t Ag & 0.7% Cu from 603.0m, including 3.0 metres at 40.1% Pb+Zn, 0.5g/t Au, 22g/t Ag & 1.5% Cu from 607.0m, 8.0 metres at 17.4% Pb+Zn, 0.2g/t Au, 16g/t Ag & 0.1% Cu from 386.0m, including, 3.0 metres at 41.8% Pb+Zn, 0.4g/t Au, 37g/t Ag & 0.2% Cu from 386.0m, 35.0 metres at 7.9% Pb+Zn, 6g/t Ag & 0.3% Cu from 616.0m, including, 6.0 metres at 14.1% Pb+Zn, 11g/t Ag & 0.1% Cu from 633.0m. Full drill hole details are provided in Table 1 and a list of significant new results received for the Federation deposit are detailed in Table 2. The exceptional gold encountered in hole FDD150W2 is particularly encouraging as this drilling intercept is at the southwest extent of the known deposit with limited drilling along strike and up-dip. Further supporting this extension potential, current drilling has intercepted coarse grained, visible gold associated with sulphide mineralisation in hole FDD156 (Figure 2) for which assays are pending. Hole FDD156 is located approximately 100 metres above FDD150W2 and will be the subject of immediate additional infill drilling. These intercepts, along with expected future results from the current drill program, will be incorporated into the next Mineral Resource Estimate and the mine plan being developed for the Federation Project FS.
Aurelia Metals Limited - Shareholder/Analyst Call
2021-09-29 22:33:00
AGM
Aurelia Metals Limited Presents at 121 Mining Investment EMEA, Nov-23-2021
2021-09-17 19:43:00
Aurelia Metals Limited Presents at 121 Mining Investment EMEA, Nov-23-2021 .
Aurelia Metals Limited Appoints Mr. Peter Botten as Non-Executive Director
2021-09-12 22:59:00
Aurelia Metals Limited announced the appointment of Mr. Peter Botten AC CBE as a Non-Executive Director to the Aurelia Board effective from 13 September 2021. Mr. Botten has accepted the Board's invitation to become the Chairman of Aurelia's Board following the 2021 Annual General Meeting which will be held on 4 November 2021. Mr. Botten was Managing Director of Oil Search Limited for over 25 years, retiring in February 2020. Over this time, he transformed the business into a major global energy company. He has extensive worldwide experience in the oil and gas industry, holding various senior technical, executive and board positions in a number of listed and government-owned bodies.
Aurelia Metals Limited Not to Declare Dividend for the Year Ending 30 June 2021
2021-08-24 23:05:00
Aurelia Metals Limited did not declare a dividend for the year ending 30 June 2021 against $0.01 per fully paid ordinary share paid a year ago.
Aurelia Metals Limited, Annual General Meeting, Nov 04, 2021
2021-08-24 04:56:00
Aurelia Metals Limited, Annual General Meeting, Nov 04, 2021, at 10:01 E. Australia Standard Time. Agenda: To receive and consider the Annual Financial Report of the Company for the financial year ended 30 June 2021 together with the declaration of the Directors, the Directors' Report, the Remuneration Report and the Auditor's Report; to adopt remuneration report; to elect Helen Gilles, Robert Vassie and Peter Botten as directors; to approve long term incentive plan; and to appro to issue rights to Managing Director/CEO.
Aurelia Metals Limited to Report Second Half, 2021 Results on Aug 25, 2021
2021-08-22 23:26:00
Aurelia Metals Limited announced that they will report second half, 2021 results on Aug 25, 2021
Aurelia Metals Limited, 2021 Earnings Call, Aug 25, 2021
2021-08-22 23:26:00
Aurelia Metals Limited, 2021 Earnings Call, Aug 25, 2021
Aurelia Metals Limited to Report Q4, 2021 Results on Jul 27, 2021
2021-07-23 01:28:00
Aurelia Metals Limited announced that they will report Q4, 2021 results Pre-Market on Jul 27, 2021
Aurelia Metals Limited, Q4 2021 Earnings Call, Jul 27, 2021
2021-07-23 01:28:00
Aurelia Metals Limited, Q4 2021 Earnings Call, Jul 27, 2021
Aurelia Metals Reports Group Mineral Resource and Ore Reserve Statement
2021-07-22 22:29:00
Aurelia Metals Limited reported the Group's annual Mineral Resource and Ore Reserve statement for its 100% owned Peak, Hera and Dargues Mines, along with Mineral Resource Estimates (MREs) for its fully owned Federation deposit and 95% owned Nymagee Project in New South Wales (NSW). The Mineral Resource and Ore Reserve estimates are reported in accordance with the guidelines of the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves ('"JORC Code 2012"). Estimates are reported as at 30 June 2021. Updated Mineral Resource and Ore Reserve estimates have been prepared for the Peak Mine located near Cobar, NSW. The updated total Measured, Indicated and Inferred Mineral Resource is reported using an A$120/t NSR cut-off. The MRE includes all blocks within the volumes produced by Deswik CAD Stope Optimiser (SO) software but excludes material mined or sterilised by nearby mining. The reported estimates include an internal dilution component. The Peak Mine deposits are considered epigenetic Cobar-style mineralisation that are controlled by major fault zones and subsequent spurs and splays. Mineralisation is hosted in metasediments and rhyolite. The economic minerals are contained within quartz stockworks and breccias. The deposits are polymetallic in nature with variable gold, copper, silver, lead and zinc mineralisation. Mineralisation is defined by underground and surface diamond core and reverse circulation percussion (RC) drilling. Drill core has been sampled on nominal one metre intervals using both whole core and half core sampling. All samples from core are assayed in certified commercial laboratories. Samples are routinely assayed for up to 34 elements using ICP-AES with a four-acid digest. Gold is assayed using a 50g fire assay. Aurelia has maintained a detailed QA/QC system during its sampling and assaying processes. Wireframes for Mineral Resource estimation are constructed using a 0.1g/t Au and/or 0.1% Cu-Pb-Zn threshold. Samples are composited to one metre intervals. Ordinary kriging (OK) is used for estimation of Cu, Pb, Zn, Ag, Bi, Fe and S. Multiple indicator kriging(MIK) is used where there is significant gold mineralisation and a high co-efficient of variation (CV). OK is used for gold in other domains. MIK is considered an appropriate estimation method for the gold grade distribution at Peak Mine because it accounts for changing spatial continuity at different grade ranges. The estimation is performed with three passes of increasing dimension that dictates the Measured, Indicated and Inferred Mineral Resource classifications. First pass search radii are typically between 3m x 15m x 15m and 3m x 20m x 25m in Easting, Northing and elevation respectively, depending on the style of mineralisation. Further details on the MRE are contained in JORC in the Appendix to this statement.
121 Group Ltd, 121 Mining Investment Online APAC, Nov 02, 2021 through Nov 04, 2021
2021-07-22 01:14:00
121 Group Ltd, 121 Mining Investment Online APAC, Nov 02, 2021 through Nov 04, 2021.
121 Group Ltd, 121 MINING INVESTMENT EMEA, Nov 23, 2021 through Nov 25, 2021
2021-07-08 02:42:00
121 Group Ltd, 121 MINING INVESTMENT EMEA, Nov 23, 2021 through Nov 25, 2021.
Aurelia Metals Gold Mineralisation Extended At Dargues
2021-06-30 22:21:00
Aurelia Metals Limited released new drilling results from its Resource upgrade and extensional drilling campaign at the Company's wholly owned Dargues Mine near Braidwood, New South Wales. The Company acquired the Dargues assets in December 2020 and initiated an immediate surface and underground drilling program to test the significant exploration potential in the vicinity of the mine development. The position of a number of these intercepts confirms the Company's expectations that the existing Resource geometry is limited by lack of drilling along strike and below the lodes. DREX338 intercepted 8.3 metres at 4.0g/t Au more than 50 metres below the Main Lode position, while DRU074 (5.0 metres at 5.2g/t Au) and DRU080 (3.25 metres at 5.5g/t Au) highlight the potential of Plum's Lode at depth. A number of encouraging intercepts were also intercepted outside of the existing Resources along strike to the east of Main Lode, including 4.0 metres at 14.5g/t Au in DRU069 and 5.0 metres at 6.5g/t Au in DRU070. The Dargues mineralisation remains open in a number of directions and extensional drilling is continuing. The areas along strike to the west of Main Lode and to the east of Plums lode also remain very sparsely drill tested and are set to be targeted in Fiscal Year 2022.
Aurelia Metals Limited Provides an Update on Drilling At the Kairos Deposit At the Company's Peak Mine Near Cobar, New South Wales
2021-06-30 22:21:00
Aurelia Metals Limited provided an update on drilling at the Kairos deposit at the Company's Peak Mine near Cobar, New South Wales. Intensive underground drilling has continued at Kairos, with a particular focus on extensions to the deposit at depth and along strike to the north. New results include the following high grade intercepts: UD21PP1726: 21.0 metres at 6.2g/t Au, 18.2% Pb+Zn, 21g/t Ag & 0.8% Cu, including; 6.0 metre at 15.0g/t Au, 47.8% Pb+Zn, 44g/t Ag & 1.6% Cu; UD21PP1728: 15.0 metres at 1.2g/t Au, 29.3% Pb+Zn, 26g/t Ag & 0.2% Cu, including; 7.0 metres at 1.5g/t Au, 47.8% Pb+Zn, 35g/t Ag & 0.3% Cu; UD21PP1719:12.7 metres at 2.0g/t Au, 22.9% Pb+Zn, 31g/t Ag & 0.5% Cu; UD21PP1727A:12.0 metres at 1.8g/t Au, 19.1% Pb+Zn, 21g/t Ag & 0.8% Cu, including 5.0 metres at 3.7g/t Au, 44.0% Pb+Zn, 45g/t Ag & 0.9% Cu; UD21PP1733: 12.0 metres at 3.3g/t Au, 13.9% Pb+Zn, 12g/t Ag & 0.2% Cu, including. The latest results are highly encouraging as they extend the lateral and depth extent of the Kairos orebody. With 15 metres at 29.3% Pb+Zn & 1.2g/t Au, hole UD21PP1728 is particularly encouraging as it highlights the high grade nature of the mineralisation at the limit of drilling on the southern side of the deposit. Future drilling will target both Resource upgrade drilling in the middle and upper portions of the lode and Resource extensions at depth.
Aurelia Metals Limited Presents at Diggers and Dealers Mining Forum, Aug-02-2021 11:05 AM
2021-06-30 19:09:00
Aurelia Metals Limited Presents at Diggers and Dealers Mining Forum, Aug-02-2021 11:05 AM. Venue: Goldfields Arts Centre, Cheetham Street, Kalgoolie, Western Australia, Australia. Speakers: Daniel Clifford, MD, CEO & Executive Director.
Aurelia Metals Limited Provides an Update to Ongoing Resource and Extensional Drilling At the Federation Deposit
2021-06-29 22:23:00
Aurelia Metals Limited provided an update to ongoing resource and extensional drilling at the Federation deposit, located ten kilometers south of the company's operating Hera Mine. The Federation deposit currently has Indicated and Inferred Resources totalling 3.5Mt at 5.5% Pb, 9.8% Zn, 1.4g/t Au, 7g/t Ag & 0.3% Cu. In April, the company reported the successful completion of a Scoping Study for the potential development of the Federation deposit and announced the project would proceed directly to a Feasibility Study. Since the February 2021 Mineral Resource Estimate (MRE) was released, Aurelia has continued intensive diamond drilling at Federation, with the focus moving to the central and southwestern portions of the deposit. Significant new intercepts from this drilling include: FDD126W3: 7.0 metres at 29.5% Pb+Zn, 0.1g/t Au, 14g/t Ag & 0.4% Cu from 557.0m; 70.0 metres at 18.4% Pb+Zn, 0.2g/t Au, 10g/t Ag & 0.5% Cu from 583.0m, includes; 17.8 metres at 45.6% Pb+Zn, 0.3g/t Au, 24g/t Ag & 1.1% Cu from 589.0m. FDD113W4: 19.9 metres at 31.2% Pb+Zn, 0.2g/t Au & 8g/t Ag from 474.0m, includes 10.4 metres at 51.1% Pb+Zn, 0.4g/t Au & 13g/t Ag from 481.6m. FDD126W5: 35.0 metres at 17.1% Pb+Zn, 0.1g/t Au, 10g/t Ag & 0.4% Cu from 576.0m, includes 11.0 metres at 42.6% Pb+Zn, 0.2g/t Au, 16g/t Ag & 0.4% Cu from 599.0m. FDD126W4: 25.8 metres at 20.6% Pb+Zn, 0.4g/t Au, 15g/t Ag & 1.0% Cu from 567.2m, includes 10.0 metres at 42.0% Pb+Zn, 0.4g/t Au, 25g/t Ag & 1.7% Cu from 568.0m. FDD135: 13.8 metres at 34.0% Pb+Zn, 0.3g/t Au, 15g/t Ag & 0.3% Cu from 368.0m, includes 4.9 metres at 57.1% Pb+Zn, 0.5g/t Au, 27g/t Ag & 0.5% Cu from 369.2m. FDD113W1: 19.0 metres at 23.8% Pb+Zn, 0.2g/t Au, 13g/t Ag & 0.7% Cu from 504.0m, includes 5.0 metres at 51.4% Pb+Zn, 0.2g/t Au, 27g/t Ag & 0.8% Cu from 511.0m. FDD115: 7.0 metres at 14.9% Pb+Zn, 0.1g/t Au & 9g/t Ag from 362.0m; 18.9 metres at 23.4% Pb+Zn, 0.2g/t Au, 10g/t Ag & 0.5% Cu from 389.1m, includes 4.9 metres at 57.1% Pb+Zn, 0.5g/t Au, 27g/t Ag & 0.5% Cu from 391.0m. FDD113W5: 36.0 metres at 9.4% Pb+Zn, 0.2g/t Au, 5g/t Ag & 0.1% Cu from 485.0m, includes 9.0 metres at 23.2% Pb+Zn, 0.2g/t Au, 11g/t Ag & 0.1% Cu from 509.0m; 8.0 metres at 23.7% Pb+Zn, 0.2g/t Au, 10g/t Ag & 0.4% Cu from 541.0m. FDD126W2: 4.6 metres at 51.9% Pb+Zn, 0.1g/t Au & 16g/t Ag from 542.2m; 7.2 metres at 19.2% Pb+Zn, 0.2g/t Au, 8g/t Ag & 0.4% Cu from 611.6m; 8.0 metres at 11.7% Pb+Zn & 5g/t Ag from 624.0m. Results from the ongoing drilling programs will support mining and processing optimization studies associated with the Federation Feasibility Study, due for completion in mid-2022. The company has also commenced technical studies and government and community consultation activities as a part of the environmental impact assessment process required for full development approval. The company is now undertaking an accelerated drilling program to upgrade Resource confidence from Inferred to Indicated status, with up to four diamond drill rigs operating at the site. This program is expected to underpin the maiden Ore Reserve Estimate for Federation to correspond with the completion of the Feasibility Study in mid-2022.
Fundamental Summary
Aurelia Metals's financial reports for Q4 showed some underwhelming results. Their negative income, growth, and value factors indicate that the company is finding it increasingly difficult to produce impressive numbers. Typically, results like these translate into sustained negative momentum and strong downward pressure on stock price. As such, Aurelia Metals received an overall score of 56 and a UNDERPERFORM recommendation.
Aurelia Metals announced earnings results for the full year ended June 30, 2021. For the full year, the company announced sales was AUD 416.477 million compared to AUD 331.819 million a year ago. Net income was AUD 42.917 million compared to AUD 29.442 million a year ago. Basic earnings per share from continuing operations was 3.97 cents compared to 3.37 cents a year ago. Diluted earnings per share from continuing operations was 3.93 cents compared to 3.34 cents a year ago.
Business Description
Aurelia Metals explores for and develops mineral properties in Australia. The company primarily explores for gold, silver, lead, zinc, and copper deposits. It owns 100% interests in the Hera mine located to the south-east of Cobar, New South Wales; and the Peak mine situated in the northern part of the Cobar Basin, New South Wales, as well as the Dargues mine located in southeastern New South Wales. The company was formerly known as YTC Resources Limited and changed its name to Aurelia Metals in June 2014. Aurelia Metals was incorporated in 2004 and is headquartered in Brisbane, Australia.
Sector Overview
Aurelia Metals is included in the Metals & Mining according to GICS (global industry classification standard). The Metals & Mining industry is included in the Materials sector. It includes the producers of aluminum, iron, steel, gold, other diversified metals and minerals, and their related products, as well as the mining and production the above materials. Aurelia Metals's industry and sector affiliation are expected to negatively affect their likelihood to overperform the market in the upcoming period, as other sectors appear more likely to benefit from the macroeconomic environment we see now.
Fundamental Highlights
| Parameter | Value | Change | Score | |
|---|---|---|---|---|
| Return on Equity | 7.5 | -42.9% | 49 | |
| Net Cashflow | -10.6 | -131.2% | 72 | |
| Capital Expenditure | -105.7 | -15.5% | 54 | |
| Asset Turnover | 0.7 | -18.7% | 49 | |
| Free Cashflow | 0.0 | -6.1% | 58 |
* All values are TTM
The below chart reflects Aurelia Metals's birds-eye view on its performance with respect to its peers, the company's fillings as reported or to a similar industry, market cap, and country of origin. While Aurelia Metals's peer average final assessment score stands on 65.0, Aurelia Metals's score is 56.
- AMI
- Peers average
Technical Analysis
When trying to optimize the timing of an investment, it's critical to analyze whether the stock looks overbought or oversold, and in which direction the momentum is moving. Aurelia Metals's stock is now priced above its 5-day, but below its 50-day and 200-day moving average, while its MACD (moving average convergence divergence) indicates that the stock's price movement momentum is weakening. Historically, this is a positive setup in the near-term. The company is trading near it's 12-month low, which signals it struggle to keep above it support price. Meanwhile, looking at the Stochastic Oscillator and RSI (relative strength index), Aurelia Metals's stock indicates that it's likely oversold. Overall, these technical indicators signal negative momentum. Therefore, this stock received a cumulative TA (technical analysis) score of 47.
5D MA
0.28
50D MA
0.36
200D MA
0.4
MACD
-0.02
RSI
0.61
STOCH
25.0
Balance Sheet Analysis
Two main balance sheet metrics are driving the positive outlook for Aurelia Metals's financial strength going forward. Aurelia Metals has done an excellent job managing its liabilities. Aurelia Metals's liabilities stood at 240.3 in the current filing, which represents a 2.2% change from the previous report. These liabilities changes appear balanced compared to their peers and project the message that management is capable and focused on balancing asset growth, resource allocation, and growing liabilities. The company's liabilities movement component, therefore, received a grade of 85. Also, Aurelia Metals's price to book ratio (P/B) was reported as 1.4 and represents 15.1% change from the previous report. Their industry-leading book value factors momentum reinforces an expectation for future positive momentum for their stock price going forward. Consequently, their book value factors movement received a grade of 72. On the other hand, Equity, jumped out as looking problematic. Aurelia Metals management produced disappointing equity metrics this period, which stood at 424.9, representing a 0.9% change. This parameter often affects companies in the same industry and market capitalization by up to 5.9%. This performance is significantly less impressive than its peers and competitors. Its equity movement component, therefore, received a grade of 59. Therefore, the company's balance sheet earned a grade of 65.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Assets | 665.2 | 1.3% | 69 |
| Liabilities | 240.3 | 2.2% | 85 |
| Price to Book | 1.4 | 15.1% | 72 |
| Cash & Equivalents | 95.2 | 27.7% | 60 |
| Equity | 424.9 | 0.9% | 59 |
The below chart describes Aurelia Metals's performance as reflected on its balance sheet with respect to its peers. While Aurelia Metals received a balance sheet score of 65, the average of its peers stands on 63.0.
- AMI
- Peers average
| Name | Market Cap | Liabilities Movement | Asset Change | Equity/Intangibles Adjustments | Cash & Equivalents | Book Value Momentum | Balance Sheet | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|---|
| BHP Group Limited | 208.5B | 74 | 92 | 47 | 52 | 76 | 58 | 0 | 1 |
| Fortescue Metals Group Limited | 55.0B | 83 | 66 | 68 | 55 | 69 | 65 | 1 | 1 |
| Newcrest Mining Limited | 19.4B | 85 | 72 | 46 | 46 | 73 | 52 | 2 | 1 |
| South32 Limited | 18.7B | 74 | 73 | 80 | 79 | 74 | 84 | 3 | 1 |
| Mineral Resources Limited | 9.2B | 83 | 73 | 52 | 42 | 90 | 55 | 4 | 1 |
| Lynas Rare Earths Limited | 8.3B | 74 | 59 | 77 | 62 | 68 | 70 | 5 | 1 |
| Northern Star Resources Limited | 8.2B | 87 | 70 | 56 | 48 | 65 | 56 | 6 | 1 |
| IGO Limited | 7.8B | 43 | 37 | 80 | 42 | 63 | 50 | 7 | 1 |
| BlueScope Steel Limited | 7.3B | 64 | 75 | 87 | 90 | 68 | 85 | 8 | 1 |
| Pilbara Minerals Limited | 6.9B | 87 | 59 | 81 | 87 | 56 | 86 | 9 | 1 |
| Allkem Limited | 6.9B | 53 | 64 | 44 | 65 | 89 | 57 | 10 | 1 |
| OZ Minerals Limited | 6.2B | 87 | 72 | 72 | 69 | 72 | 74 | 11 | 1 |
| Evolution Mining Limited | 4.8B | 47 | 57 | 76 | 96 | 54 | 82 | 12 | 1 |
| Alumina Limited | 4.4B | 51 | 69 | 50 | 46 | 84 | 50 | 13 | 1 |
| OZ Minerals Holdings Pty Ltd | 4.0B | 81 | 62 | 51 | 97 | 87 | 84 | 14 | 1 |
| Iluka Resources Limited | 3.9B | 76 | 66 | 87 | 69 | 53 | 77 | 15 | 1 |
| Andean Resources Ltd. | 3.7B | 70 | 37 | 60 | 97 | 92 | 86 | 16 | 1 |
| Coronado Global Resources Inc. | 2.9B | 44 | 56 | 87 | 85 | 71 | 83 | 17 | 1 |
| Nickel Industries Limited | 2.8B | 41 | 44 | 72 | 50 | 70 | 54 | 18 | 1 |
| AVZ Minerals Limited | 2.8B | 99 | 56 | 82 | 98 | 66 | 95 | 19 | 1 |
| Sims Limited | 2.7B | 85 | 72 | 83 | 49 | 57 | 68 | 20 | 1 |
| Zimplats Holdings Limited | 2.6B | 80 | 69 | 68 | 76 | 73 | 77 | 21 | 1 |
| Liontown Resources Limited | 2.4B | 43 | 55 | 82 | 97 | 37 | 81 | 22 | 1 |
| Perseus Mining Limited | 2.3B | 81 | 70 | 73 | 82 | 66 | 81 | 23 | 1 |
| Deterra Royalties Limited | 2.3B | 99 | 79 | 61 | 75 | 68 | 77 | 24 | 1 |
| Sandfire Resources Limited | 1.9B | 41 | 64 | 87 | 87 | 73 | 82 | 25 | 1 |
| Core Lithium Ltd | 1.8B | 37 | 55 | 82 | 94 | 66 | 83 | 26 | 1 |
| Chalice Mining Limited | 1.5B | 98 | 78 | 39 | 46 | 89 | 54 | 27 | 1 |
| Grange Resources Limited | 1.5B | 54 | 70 | 51 | 71 | 92 | 65 | 28 | 1 |
| Capricorn Metals Ltd | 1.3B | 69 | 59 | 81 | 91 | 65 | 86 | 29 | 1 |
| West African Resources Limited | 1.3B | 92 | 56 | 81 | 92 | 42 | 87 | 30 | 1 |
| Silver Lake Resources Limited | 1.2B | 69 | 62 | 62 | 71 | 57 | 66 | 31 | 1 |
| De Grey Mining Limited | 1.2B | 44 | 49 | 79 | 69 | 48 | 66 | 32 | 1 |
| Gold Road Resources Limited | 1.2B | 83 | 72 | 56 | 65 | 60 | 64 | 33 | 1 |
| Lake Resources NL | 1.2B | 78 | 74 | 55 | 64 | 78 | 66 | 34 | 1 |
| Sayona Mining Limited | 1.2B | 78 | 74 | 55 | 64 | 78 | 66 | 35 | 1 |
| Regis Resources Limited | 1.1B | 77 | 74 | 51 | 48 | 63 | 53 | 36 | 1 |
| Piedmont Lithium Inc. | 1.1B | 97 | 54 | 82 | 97 | 39 | 88 | 37 | 1 |
| 5E Advanced Materials Inc. | 927.2M | 44 | 83 | 54 | 45 | 37 | 47 | 38 | 1 |
| ioneer Ltd | 867.9M | 98 | 56 | 80 | 86 | 52 | 85 | 39 | 1 |
| Syrah Resources Limited | 856.9M | 63 | 75 | 38 | 46 | 94 | 49 | 40 | 1 |
| Equigold NL | 854.0M | 57 | 46 | 86 | 50 | 45 | 50 | 41 | 1 |
| Ramelius Resources Limited | 828.4M | 67 | 41 | 78 | 48 | 49 | 56 | 42 | 1 |
| Vulcan Energy Resources Limited | 826.7M | 39 | 53 | 80 | 74 | 41 | 67 | 43 | 1 |
| Jervois Global Limited | 813.1M | 71 | 71 | 44 | 94 | 95 | 78 | 44 | 1 |
| Mincor Resources NL | 808.9M | 83 | 78 | 43 | 62 | 56 | 62 | 45 | 1 |
| Imdex Limited | 796.9M | 59 | 69 | 83 | 61 | 75 | 71 | 46 | 1 |
| Bellevue Gold Limited | 722.0M | 96 | 56 | 81 | 87 | 42 | 84 | 47 | 1 |
| St Barbara Limited | 701.5M | 80 | 69 | 51 | 49 | 61 | 53 | 48 | 1 |
| Emerald Resources NL | 679.4M | 51 | 58 | 80 | 51 | 57 | 60 | 49 | 1 |
| Red 5 Limited | 671.6M | 49 | 45 | 39 | 55 | 96 | 47 | 50 | 1 |
| Boart Longyear Group Ltd. | 651.0M | 85 | 79 | 39 | 60 | 87 | 60 | 51 | 1 |
| Mount Gibson Iron Limited | 629.5M | 94 | 76 | 39 | 41 | 74 | 48 | 52 | 1 |
| Westgold Resources Limited | 575.3M | 77 | 65 | 55 | 47 | 73 | 54 | 53 | 1 |
| OM Holdings Limited | 563.6M | 84 | 69 | 84 | 81 | 50 | 84 | 54 | 1 |
| Australian Strategic Materials Ltd | 540.9M | 44 | 69 | 55 | 46 | 84 | 51 | 55 | 1 |
| Neometals Ltd | 531.9M | 97 | 77 | 46 | 50 | 97 | 60 | 56 | 1 |
| Adriatic Metals PLC | 528.8M | 78 | 74 | 55 | 64 | 78 | 66 | 57 | 1 |
| Argosy Minerals Limited | 467.8M | 78 | 74 | 55 | 64 | 78 | 66 | 58 | 1 |
| Perenti Global Limited | 461.4M | 68 | 71 | 51 | 61 | 74 | 60 | 59 | 1 |
| Champion Iron Limited | 441.1M | 66 | 49 | 73 | 47 | 67 | 58 | 60 | 1 |
| Panoramic Resources Limited | 420.4M | 78 | 75 | 43 | 58 | 85 | 58 | 61 | 1 |
| Hastings Technology Metals Limited | 404.8M | 75 | 72 | 56 | 67 | 67 | 65 | 62 | 1 |
| Alkane Resources Limited | 402.0M | 45 | 56 | 83 | 88 | 40 | 78 | 63 | 1 |
| Centaurus Metals Limited | 397.2M | 78 | 74 | 55 | 64 | 78 | 66 | 64 | 1 |
| Bowen Coking Coal Limited | 385.5M | 78 | 74 | 55 | 64 | 78 | 66 | 65 | 1 |
| Jupiter Mines Limited | 372.2M | 63 | 93 | 46 | 52 | 80 | 66 | 66 | 1 |
| Galan Lithium Limited | 362.2M | 78 | 74 | 55 | 64 | 78 | 66 | 67 | 1 |
| Talga Group Ltd | 359.9M | 90 | 78 | 38 | 45 | 95 | 53 | 68 | 1 |
| BCI Minerals Limited | 349.8M | 86 | 73 | 58 | 67 | 82 | 71 | 69 | 1 |
| Metals X Limited | 344.8M | 90 | 77 | 50 | 67 | 80 | 68 | 70 | 1 |
| Pantoro Limited | 330.8M | 78 | 74 | 55 | 64 | 78 | 66 | 71 | 1 |
| Macmahon Holdings Limited | 283.7M | 47 | 61 | 72 | 78 | 44 | 68 | 72 | 1 |
| Lotus Resources Limited | 277.3M | 78 | 74 | 55 | 64 | 78 | 66 | 73 | 1 |
| Firefinch Limited | 236.2M | 78 | 74 | 55 | 64 | 78 | 66 | 74 | 1 |
| Andromeda Metals Limited | 229.8M | 78 | 74 | 55 | 64 | 78 | 66 | 75 | 1 |
Income Statement Analysis
A few key income statement metrics in this report were discouraging. Aurelia Metals's reported return on equity (ROE) ratio was 7.5, representing a change of -42.9%. This metric might have a 10.6 percent impact on companies in the same industry and with the same market capitalization. These numbers show that management has been unsuccessful in fostering appropriate growth related to return on assets and return on equity momentum relative to their peers. Therefore, their return factors component earned a score of 49. Also, Aurelia Metals reported concerning EBITDA this period. At filing, EBITDA was reported as 156.2, representing -7.7% change from the previous period. This parameter coud affect companies in the same industry and market capitalization by up to 20.0%. Aurelia Metals appears to be headed in the wrong direction in terms of EBITDA momentum, likely due to insufficient capital controls and a weaker than expected overall financial performance. Its EBITDA movement, therefore, received a grade of 58. That said, one metric, Revenue Efficiency, stood out as strongly positive. Aurelia Metals did an excellent job managing its revenue efficiency this past period. Aurelia Metals's revenue efficiency is 443.8 according to the metrics in the current filing, which represents a 6.6% change from the previous report. This parameter often affects companies in the same industry and market capitalization by up to 24.0%. Their impressive revenue efficiency is even more impressive relative to its peers and competitors in the current market. The company's revenue efficiency, therefore, received a grade of 68. Consequently, the companie's income statement earned a rank of 58.
| Parameter | Value | Change | Score |
|---|---|---|---|
| EBITDA | 156.2 | -7.7% | 58 |
| Total Revenues | 443.8 | 6.6% | 68 |
| Return on Equity | 7.5 | -42.9% | 49 |
The below chart describes Aurelia Metals's performance as reflected on its income statement with respect to its peers. While Aurelia Metals received a income statement score of 58 , the average of its peers stands on 69.0.
- AMI
- Peers average
| Name | Market Cap | Revenue Momentum | Earning Movement | Return Factors Momentum | Income Statement | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|
| BHP Group Limited | 208.5B | 64 | 79 | 79 | 71 | 0 | 1 |
| Fortescue Metals Group Limited | 55.0B | 58 | 78 | 75 | 67 | 1 | 1 |
| Newcrest Mining Limited | 19.4B | 95 | 45 | 48 | 66 | 2 | 1 |
| South32 Limited | 18.7B | 47 | 94 | 95 | 72 | 3 | 1 |
| Mineral Resources Limited | 9.2B | 94 | 42 | 44 | 63 | 4 | 1 |
| Lynas Rare Earths Limited | 8.3B | 50 | 91 | 83 | 69 | 5 | 1 |
| Northern Star Resources Limited | 8.2B | 48 | 66 | 68 | 56 | 6 | 1 |
| IGO Limited | 7.8B | 98 | 72 | 48 | 78 | 7 | 1 |
| BlueScope Steel Limited | 7.3B | 86 | 71 | 66 | 72 | 8 | 1 |
| Pilbara Minerals Limited | 6.9B | 38 | 96 | 96 | 69 | 9 | 1 |
| Allkem Limited | 6.9B | 46 | 75 | 74 | 61 | 10 | 1 |
| OZ Minerals Limited | 6.2B | 48 | 82 | 82 | 66 | 11 | 1 |
| Evolution Mining Limited | 4.8B | 94 | 46 | 43 | 64 | 12 | 1 |
| Alumina Limited | 4.4B | 87 | 73 | 76 | 79 | 13 | 1 |
| OZ Minerals Holdings Pty Ltd | 4.0B | 39 | 88 | 45 | 61 | 14 | 1 |
| Iluka Resources Limited | 3.9B | 50 | 62 | 89 | 60 | 15 | 1 |
| Andean Resources Ltd. | 3.7B | 37 | 89 | 91 | 97 | 16 | 1 |
| Coronado Global Resources Inc. | 2.9B | 39 | 98 | 97 | 74 | 17 | 1 |
| Nickel Industries Limited | 2.8B | 66 | 61 | 55 | 60 | 18 | 1 |
| AVZ Minerals Limited | 2.8B | 87 | 63 | 41 | 68 | 19 | 1 |
| Sims Limited | 2.7B | 45 | 90 | 92 | 69 | 20 | 1 |
| Zimplats Holdings Limited | 2.6B | 94 | 50 | 52 | 68 | 21 | 1 |
| Liontown Resources Limited | 2.4B | 87 | 78 | 91 | 84 | 22 | 1 |
| Perseus Mining Limited | 2.3B | 42 | 88 | 83 | 65 | 23 | 1 |
| Deterra Royalties Limited | 2.3B | 45 | 83 | 66 | 61 | 24 | 1 |
| Sandfire Resources Limited | 1.9B | 64 | 73 | 74 | 69 | 25 | 1 |
| Core Lithium Ltd | 1.8B | 87 | 47 | 81 | 70 | 26 | 1 |
| Chalice Mining Limited | 1.5B | 99 | 65 | 76 | 81 | 27 | 1 |
| Grange Resources Limited | 1.5B | 74 | 61 | 61 | 64 | 28 | 1 |
| Capricorn Metals Ltd | 1.3B | 37 | 98 | 97 | 69 | 29 | 1 |
| West African Resources Limited | 1.3B | 43 | 84 | 63 | 59 | 30 | 1 |
| Silver Lake Resources Limited | 1.2B | 95 | 42 | 41 | 63 | 31 | 1 |
| De Grey Mining Limited | 1.2B | 44 | 45 | 76 | 47 | 32 | 1 |
| Gold Road Resources Limited | 1.2B | 94 | 48 | 49 | 67 | 33 | 1 |
| Lake Resources NL | 1.2B | 87 | 62 | 66 | 73 | 34 | 1 |
| Sayona Mining Limited | 1.2B | 87 | 62 | 66 | 73 | 35 | 1 |
| Regis Resources Limited | 1.1B | 65 | 50 | 45 | 53 | 36 | 1 |
| Piedmont Lithium Inc. | 1.1B | 87 | 63 | 68 | 77 | 37 | 1 |
| 5E Advanced Materials Inc. | 927.2M | 74 | 37 | 56 | 58 | 38 | 1 |
| ioneer Ltd | 867.9M | 87 | 55 | 60 | 69 | 39 | 1 |
| Syrah Resources Limited | 856.9M | 38 | 67 | 62 | 50 | 40 | 1 |
| Equigold NL | 854.0M | 79 | 44 | 91 | 65 | 41 | 1 |
| Ramelius Resources Limited | 828.4M | 94 | 51 | 48 | 68 | 42 | 1 |
| Vulcan Energy Resources Limited | 826.7M | 87 | 67 | 84 | 78 | 43 | 1 |
| Jervois Global Limited | 813.1M | 37 | 94 | 93 | 71 | 44 | 1 |
| Mincor Resources NL | 808.9M | 98 | 57 | 59 | 77 | 45 | 1 |
| Imdex Limited | 796.9M | 77 | 60 | 56 | 56 | 46 | 1 |
| Bellevue Gold Limited | 722.0M | 87 | 44 | 83 | 69 | 47 | 1 |
| St Barbara Limited | 701.5M | 93 | 56 | 53 | 70 | 48 | 1 |
| Emerald Resources NL | 679.4M | 37 | 96 | 94 | 68 | 49 | 1 |
| Red 5 Limited | 671.6M | 95 | 58 | 66 | 75 | 50 | 1 |
| Boart Longyear Group Ltd. | 651.0M | 93 | 58 | 67 | 74 | 51 | 1 |
| Mount Gibson Iron Limited | 629.5M | 99 | 62 | 66 | 78 | 52 | 1 |
| Westgold Resources Limited | 575.3M | 84 | 58 | 43 | 65 | 53 | 1 |
| OM Holdings Limited | 563.6M | 50 | 96 | 97 | 75 | 54 | 1 |
| Australian Strategic Materials Ltd | 540.9M | 91 | 62 | 66 | 74 | 55 | 1 |
| Neometals Ltd | 531.9M | 87 | 66 | 56 | 72 | 56 | 1 |
| Adriatic Metals PLC | 528.8M | 87 | 62 | 66 | 73 | 57 | 1 |
| Argosy Minerals Limited | 467.8M | 87 | 62 | 66 | 73 | 58 | 1 |
| Perenti Global Limited | 461.4M | 73 | 81 | 87 | 78 | 59 | 1 |
| Champion Iron Limited | 441.1M | 95 | 50 | 45 | 71 | 60 | 1 |
| Panoramic Resources Limited | 420.4M | 95 | 50 | 62 | 71 | 61 | 1 |
| Hastings Technology Metals Limited | 404.8M | 90 | 51 | 53 | 68 | 62 | 1 |
| Alkane Resources Limited | 402.0M | 68 | 74 | 74 | 70 | 63 | 1 |
| Centaurus Metals Limited | 397.2M | 87 | 62 | 66 | 73 | 64 | 1 |
| Bowen Coking Coal Limited | 385.5M | 87 | 62 | 66 | 73 | 65 | 1 |
| Jupiter Mines Limited | 372.2M | 96 | 46 | 50 | 81 | 66 | 1 |
| Galan Lithium Limited | 362.2M | 87 | 62 | 66 | 73 | 67 | 1 |
| Talga Group Ltd | 359.9M | 87 | 40 | 47 | 60 | 68 | 1 |
| BCI Minerals Limited | 349.8M | 94 | 47 | 56 | 68 | 69 | 1 |
| Metals X Limited | 344.8M | 94 | 84 | 79 | 87 | 70 | 1 |
| Pantoro Limited | 330.8M | 87 | 62 | 66 | 73 | 71 | 1 |
| Macmahon Holdings Limited | 283.7M | 88 | 51 | 48 | 65 | 72 | 1 |
| Lotus Resources Limited | 277.3M | 87 | 62 | 66 | 73 | 73 | 1 |
| Firefinch Limited | 236.2M | 87 | 62 | 66 | 73 | 74 | 1 |
| Andromeda Metals Limited | 229.8M | 87 | 62 | 66 | 73 | 75 | 1 |
Cash Flow Analysis
Overall, Aurelia Metals's critical cash flow metrics appear to signal strong support and a high likelihood of positive growth going forward. Aurelia Metals's management was effective in improving their net cash flow, which now sits at -10.6 and represents a -131.2% change from the previous report. Their net cash flow metrics are especially remarkable relative to their peers. Consequently, their net cash flow movement received a grade of 72. Also, Aurelia Metals's published free cash flow numbers were substantial and reflected management's focus on a healthy change strategy. Aurelia Metals recorded free cash flow of 0.0, which represents a -6.1% change from the previous report. Companies in the same industry and market capitalization are typically affected by this parameter by up to 4.3%. The company's free cash flow metrics are especially strong compared to its peers. Management seems to balance cash flow management, asset growth, and resource allocations in general. Therefore, its free cash flow movement earned a score of 58. At the same time, one critical cash flow metric, Asset Turnover, was notably weak. Aurelia Metals's asset turnover metrics were concerning and highlighted potential issues management is having effectively turning assets into sales efficiently. At filing, their asset turnover metrics were 0.7, representing a -18.7% change from the previous period. Companies in the same industry and market capitalization are typically affected by this parameter by up to 2.7%. The company's asset turnover metrics seem especially problematic relative to their peers. Therefore, their asset turnover movement earned a score of 49. Because the company's management is doing an excellent job managing these critical metrics, the cash flow was given a score of 60.
| Parameter | Value | Change | Score |
|---|---|---|---|
| Net Cashflow | -10.6 | -131.2% | 72 |
| Capital Expenditure | -105.7 | -15.5% | 54 |
| Asset Turnover | 0.7 | -18.7% | 49 |
| Free Cashflow | 0.0 | -6.1% | 58 |
The below chart describes Aurelia Metals's performance as reflected on its cash flow with respect to its peers. While Aurelia Metals received a cash flow score of 60, the average of its peers stands on 73.0.
- AMI
- Peers average
| Name | Market Cap | Cashflow Momentum | Free Cashflow Growth | Capital Expenditure Growth | Assets Factors Momentum | Cash Flow | mc_sort | Hidden |
|---|---|---|---|---|---|---|---|---|
| BHP Group Limited | 208.5B | 70 | 77 | 80 | 71 | 75 | 0 | 1 |
| Fortescue Metals Group Limited | 55.0B | 74 | 78 | 69 | 74 | 75 | 1 | 1 |
| Newcrest Mining Limited | 19.4B | 58 | 48 | 63 | 55 | 57 | 2 | 1 |
| South32 Limited | 18.7B | 72 | 86 | 82 | 75 | 78 | 3 | 1 |
| Mineral Resources Limited | 9.2B | 58 | 69 | 54 | 63 | 61 | 4 | 1 |
| Lynas Rare Earths Limited | 8.3B | 78 | 63 | 76 | 58 | 70 | 5 | 1 |
| Northern Star Resources Limited | 8.2B | 70 | 58 | 54 | 91 | 73 | 6 | 1 |
| IGO Limited | 7.8B | 80 | 73 | 66 | 57 | 72 | 7 | 1 |
| BlueScope Steel Limited | 7.3B | 48 | 47 | 56 | 70 | 52 | 8 | 1 |
| Pilbara Minerals Limited | 6.9B | 87 | 97 | 76 | 78 | 86 | 9 | 1 |
| Allkem Limited | 6.9B | 75 | 77 | 70 | 84 | 82 | 10 | 1 |
| OZ Minerals Limited | 6.2B | 69 | 97 | 66 | 73 | 78 | 11 | 1 |
| Evolution Mining Limited | 4.8B | 54 | 49 | 61 | 39 | 50 | 12 | 1 |
| Alumina Limited | 4.4B | 68 | 74 | 76 | 70 | 72 | 13 | 1 |
| OZ Minerals Holdings Pty Ltd | 4.0B | 49 | 86 | 84 | 39 | 50 | 14 | 1 |
| Iluka Resources Limited | 3.9B | 75 | 84 | 52 | 74 | 74 | 15 | 1 |
| Andean Resources Ltd. | 3.7B | 40 | 55 | 56 | 37 | 41 | 16 | 1 |
| Coronado Global Resources Inc. | 2.9B | 77 | 86 | 53 | 93 | 81 | 17 | 1 |
| Nickel Industries Limited | 2.8B | 75 | 63 | 76 | 61 | 70 | 18 | 1 |
| AVZ Minerals Limited | 2.8B | 60 | 69 | 76 | 37 | 58 | 19 | 1 |
| Sims Limited | 2.7B | 83 | 98 | 56 | 82 | 82 | 20 | 1 |
| Zimplats Holdings Limited | 2.6B | 75 | 77 | 63 | 44 | 64 | 21 | 1 |
| Liontown Resources Limited | 2.4B | 59 | 69 | 76 | 51 | 62 | 22 | 1 |
| Perseus Mining Limited | 2.3B | 69 | 94 | 90 | 83 | 83 | 23 | 1 |
| Deterra Royalties Limited | 2.3B | 77 | 88 | 96 | 51 | 75 | 24 | 1 |
| Sandfire Resources Limited | 1.9B | 73 | 85 | 63 | 71 | 76 | 25 | 1 |
| Core Lithium Ltd | 1.8B | 61 | 69 | 76 | 72 | 69 | 26 | 1 |
| Chalice Mining Limited | 1.5B | 53 | 62 | 84 | 38 | 55 | 27 | 1 |
| Grange Resources Limited | 1.5B | 75 | 79 | 76 | 62 | 73 | 28 | 1 |
| Capricorn Metals Ltd | 1.3B | 81 | 83 | 81 | 79 | 82 | 29 | 1 |
| West African Resources Limited | 1.3B | 73 | 84 | 42 | 58 | 66 | 30 | 1 |
| Silver Lake Resources Limited | 1.2B | 63 | 53 | 64 | 47 | 58 | 31 | 1 |
| De Grey Mining Limited | 1.2B | 80 | 69 | 76 | 61 | 73 | 32 | 1 |
| Gold Road Resources Limited | 1.2B | 57 | 57 | 54 | 50 | 56 | 33 | 1 |
| Lake Resources NL | 1.2B | 68 | 69 | 76 | 60 | 68 | 34 | 1 |
| Sayona Mining Limited | 1.2B | 68 | 69 | 76 | 60 | 68 | 35 | 1 |
| Regis Resources Limited | 1.1B | 65 | 76 | 68 | 69 | 69 | 36 | 1 |
| Piedmont Lithium Inc. | 1.1B | 59 | 62 | 69 | 54 | 60 | 37 | 1 |
| 5E Advanced Materials Inc. | 927.2M | 55 | 48 | 71 | 71 | 61 | 38 | 1 |
| ioneer Ltd | 867.9M | 47 | 57 | 54 | 51 | 51 | 39 | 1 |
| Syrah Resources Limited | 856.9M | 59 | 58 | 43 | 98 | 69 | 40 | 1 |
| Equigold NL | 854.0M | 91 | 69 | 72 | 84 | 87 | 41 | 1 |
| Ramelius Resources Limited | 828.4M | 59 | 56 | 81 | 58 | 62 | 42 | 1 |
| Vulcan Energy Resources Limited | 826.7M | 67 | 69 | 76 | 69 | 71 | 43 | 1 |
| Jervois Global Limited | 813.1M | 43 | 51 | 38 | 82 | 54 | 44 | 1 |
| Mincor Resources NL | 808.9M | 63 | 63 | 72 | 45 | 57 | 45 | 1 |
| Imdex Limited | 796.9M | 71 | 72 | 79 | 73 | 74 | 46 | 1 |
| Bellevue Gold Limited | 722.0M | 51 | 64 | 56 | 51 | 54 | 47 | 1 |
| St Barbara Limited | 701.5M | 54 | 46 | 71 | 55 | 56 | 48 | 1 |
| Emerald Resources NL | 679.4M | 84 | 81 | 80 | 81 | 84 | 49 | 1 |
| Red 5 Limited | 671.6M | 68 | 49 | 48 | 59 | 59 | 50 | 1 |
| Boart Longyear Group Ltd. | 651.0M | 62 | 74 | 81 | 63 | 68 | 51 | 1 |
| Mount Gibson Iron Limited | 629.5M | 68 | 69 | 59 | 56 | 64 | 52 | 1 |
| Westgold Resources Limited | 575.3M | 59 | 69 | 71 | 59 | 63 | 53 | 1 |
| OM Holdings Limited | 563.6M | 75 | 90 | 90 | 75 | 82 | 54 | 1 |
| Australian Strategic Materials Ltd | 540.9M | 72 | 69 | 76 | 69 | 72 | 55 | 1 |
| Neometals Ltd | 531.9M | 62 | 54 | 71 | 52 | 60 | 56 | 1 |
| Adriatic Metals PLC | 528.8M | 68 | 69 | 76 | 60 | 68 | 57 | 1 |
| Argosy Minerals Limited | 467.8M | 68 | 69 | 76 | 60 | 68 | 58 | 1 |
| Perenti Global Limited | 461.4M | 61 | 69 | 54 | 78 | 67 | 59 | 1 |
| Champion Iron Limited | 441.1M | 56 | 69 | 51 | 49 | 55 | 60 | 1 |
| Panoramic Resources Limited | 420.4M | 69 | 69 | 79 | 54 | 67 | 61 | 1 |
| Hastings Technology Metals Limited | 404.8M | 65 | 68 | 74 | 57 | 67 | 62 | 1 |
| Alkane Resources Limited | 402.0M | 69 | 58 | 68 | 71 | 68 | 63 | 1 |
| Centaurus Metals Limited | 397.2M | 68 | 69 | 76 | 60 | 68 | 64 | 1 |
| Bowen Coking Coal Limited | 385.5M | 68 | 69 | 76 | 60 | 68 | 65 | 1 |
| Jupiter Mines Limited | 372.2M | 51 | 51 | 84 | 44 | 50 | 66 | 1 |
| Galan Lithium Limited | 362.2M | 68 | 69 | 76 | 60 | 68 | 67 | 1 |
| Talga Group Ltd | 359.9M | 53 | 48 | 76 | 70 | 62 | 68 | 1 |
| BCI Minerals Limited | 349.8M | 62 | 54 | 76 | 49 | 60 | 69 | 1 |
| Metals X Limited | 344.8M | 70 | 81 | 72 | 55 | 68 | 70 | 1 |
| Pantoro Limited | 330.8M | 68 | 69 | 76 | 60 | 68 | 71 | 1 |
| Macmahon Holdings Limited | 283.7M | 72 | 53 | 46 | 57 | 62 | 72 | 1 |
| Lotus Resources Limited | 277.3M | 68 | 69 | 76 | 60 | 68 | 73 | 1 |
| Firefinch Limited | 236.2M | 68 | 69 | 76 | 60 | 68 | 74 | 1 |
| Andromeda Metals Limited | 229.8M | 68 | 69 | 76 | 60 | 68 | 75 | 1 |
This report is intended for general guidance and information purposes only and under no circumstances is tailored to a specific factor or variable related to its reader or intended to be used or considered as financial or investment advice, a solicitation of any offer, a recommendation, or an offer to sell or buy any securities or other form of a financial asset. For the full disclaimer, click here.