Highlights

  • In December 2025 quarter, the company reported AUD 127.1 million in sales revenue and AUD 42.9 million operating cash flow.
  • Federation Mine development is moving ahead of plan, with ore mined increasing to 76kt.
  • FY26 guidance was reaffirmed by the company and gold production tracking toward upper end of range.

Aurelia Metals Limited (ASX:AMI) reported a positive December 2025 quarter, generating AUD 127.1 million in group sales revenue and AUD 42.9 million in operating cash flow from its Cobar operations after sustaining capital. Despite investing AUD 10.5 million in growth projects and meeting tax obligations, the company’s cash balance increased to AUD 85.6 million.

The company reaffirmed its FY26 production, cost, and capital guidance, with gold production tracking toward the upper end of the expected range amid favourable prices.

Federation and Peak Mines Drive Operational Growth

The Federation Mine ramp-up continues ahead of schedule, with 1,417 metres of mine development completed and ore mined rising to 76kt, compared to 63kt in the prior quarter. Zinc, lead, and gold grades have improved, supporting higher output.

At the Peak Mine, plant performance remained steady, processing 187kt of ore with high recoveries and throughput approaching capacity limits.

Growth Projects on Track

Aurelia’s Great Cobar development progressed to 506 metres, with plant expansion projects moving toward lifting throughput from 800ktpa to 1.1–1.2 Mtpa in H1 FY27. These projects underpin the company’s pathway to achieving approximately 40kt copper-equivalent production by FY28.

FY25 Financials

In FY25, Aurelia returned to profitability, supported by elevated gold prices and operational performance. Key metrics include:

  • Revenue: AUD 343.5 million (up 11% YoY)
  • Underlying EBITDA: AUD 120.9 million (up 49% YoY)
  • Net Profit After Tax: AUD 48.9 million vs a loss of AUD 5.7 million in FY24
  • Operating cash flow: AUD 129.7 million
  • Cash balance: AUD 110.1 million with zero drawn debt

Safety and environmental performance also improved, with a 54% drop in TRIFR and no reportable incidents.

FY26 Outlook

Management reaffirmed FY26 guidance with:

  • Gold production: 35–45 koz, tracking toward upper end
  • Copper production: 3–4 kt
  • Zinc production: 24–32 kt
  • Lead production: 14–22 kt
  • Group operating costs: AUD 275–315 million
  • Sustaining capital: AUD 50–60 million
  • Growth capital: AUD 60–75 million
  • Exploration spends: AUD 13–18 million

Share Performance of AMI

AMI shares rose by 8.62% to close at AUD 0.315 per share on 21 January 2026. Over the past year, the stock has gained 70.27%. It has increased 26.00% over the one-month, and 23.53% over the past three months. The stock also gained 8.62% over the past week and 53.66% over the last six months. The 52-week high for Aurelia Metals is AUD 0.345, recorded on 5 June 2025, while the 52-week low is AUD 0.170, reached on 22 August 2025.

Support and Resistance Summary

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency, is 21 January 2026. The reference data in this report has been partly sourced from EODHD/Others.

 

Technical Indicators Defined:

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.