Professional
Added to YB: 2026-10-14
Pitch date: 2026-09-28
AWJ.AX [bullish]
Auric Mining Limited
Author Info
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Company Info
Auric Mining Limited engages in exploration, development, mining, and production of gold in Australia.
Market Cap
AUD 43.2M
Pitch Price
AUD 0.23
Price Target
0.54 (+129%)
Dividend
N/A
EV/EBITDA
0.16
P/E
1.73
EV/Sales
0.08
Sector
Metals and Mining
Category
special_situation
Auric Mining (ASX:AWJ) - Wheeling and dealing that drives value
AWJ.AX (hold): Auric’s Union Jack acquisition adds a 120koz inferred resource near Burbanks and lifts estimated project NPV10 to A$242m; the A$0.537/share valuation implies 115% upside from A$0.25. Second-hand crushing and related infrastructure cost A$1.2m, with AWJ citing A$15-20m savings versus new equipment, and helps firm up Q1 CY28 production; resource conversion, project funding and the compressed development timetable remain key risks.
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