Australia's Aurelia Metals falls on bleak gold output forecast

Aurelia Metals

19/06/2025 01:41

** Shares of Aurelia Metals AMI.AX fall 34.4% to A$0.2, set for their worst day since mid-September 2025, if losses hold

** Earlier in the day, the gold and base metal explorer hit its lowest level since April 9

** Co sees gold production between 35 - 45 k ozs for FY26, lower than FY25 production forecast of between 40 and 50  k ozs

** Sees FY26 operating costs for Cobar Region between A$255 million ($165.78 million) to A$285 million higher than FY25 estimate between A$160 million to A$180 million

** About 23 million shares change hands in their busiest day seen since early June 2023

** Shares up ~17%, YTD

($1 = 1.5382 Australian dollars)

 (Reporting by John Biju in Bengaluru)

 ((John.Biju@thomsonreuters.com;))