Australia's Aurelia Metals rises; Jefferies maintains 'buy' rating, PT

Aurelia Metals

22/07/2025 03:39

Updates

** Shares of Aurelia Metals AMI.AX up 1.3% at A$0.1925

** Jefferies maintains "buy" rating for Aurelia stock and price target of A$0.28

** Brokerage says co's strong base metals contributions from the South Mine were offset by weaker gold grades in its recent quarter

** Co produces 7.3 koz of gold in the June quarter, while achieving overall FY25 outlook

** However, brokerage highlights low medium-term risk for the miner, underpinned by robust cash margins, mine life optionality

** Earlier in session, AMI hit its biggest intraday pct gain since July 15

** Shares of co up 13.2% YTD, including day's moves

** All five analysts rated "buy" on AMI with median PT of A$0.31, as per LSEG-compiled data

 (Reporting by Nichiket Sunil & Rajasik Mukherjee in Bengaluru)

 ((Nichiket.Sunil@thomsonreuters.com))