Highlights

  • Aurelia Metals achieved FY25 revenue of AUD 343.47 million, marking a 10.8% increase year-on-year.
  • In Q1 FY26, the company produced 10.4 thousand ounces of gold and 6.5 thousand tonnes of zinc.
  • The company aims to reach approximately 40 thousand tonnes of copper equivalent production by FY28.

Aurelia Metals Limited (ASX:AMI) is an Australian mining and exploration company focused on the Cobar Basin in western New South Wales. The company operates two main underground mining sites, Peak and Federation, along with their associated processing facilities, and is engaged in the exploration, development, and production of base and precious metals in the region.

Financial Update

For the financial year 2025 (FY25), AMI recorded sales revenue of AUD 343.47 million, up 10.8% from AUD 309.89 million in FY24, driven by higher production volumes, the ramp-up of mining at the Federation mine, and increased gold prices. Gross profit surged to AUD 85.71 million in FY25, a 155% increase from AUD 33.57 million in the previous year, supported by operational efficiency initiatives, disciplined cost management, and ongoing improvements at the Peak mine. The company also reported a net profit after tax of AUD 48.85 million, a significant turnaround from a loss of AUD 5.73 million in FY24.

Business Updates

On 30 October 2025, the company announced that its Annual General Meeting (AGM) will be held on Thursday, 27 November 2025, at 10:00 AM Brisbane time.

On 21 October 2025, the company released its Q1 FY26 production update, reporting the production of 10.4 thousand ounces of gold, 0.5 thousand tonnes of copper, 6.5 thousand tonnes of zinc, and 3.8 thousand tonnes of lead. During the quarter, group operating costs, including expenditures for the Federation project, totalled AUD 70.0 million.

Key Positives and Negatives

For FY25, the company recorded an EBITDA margin of 35.1%, up from 24.2% in FY24, with a return on equity of 14.1%, compared to -1.8% the previous year. The quick ratio declined to 1.15x in FY25 from 1.62x in FY24. Finance cost increased to AUD 16.92 million in FY25 compared to AUD 15.12 million in FY24.

Business Outlook

For FY26, the company anticipates lead production to range between 14 and 22 thousand tonnes, with total group operating costs projected between AUD 275 million and AUD 315 million. Looking further ahead, the company’s strategic target for FY28 is to achieve an annual production of approximately 40 thousand tonnes of copper equivalent, supported by a robust operating margin.

Share Performance of AMI

AMI’s shares were trading at AUD 0.23 per share on 17 November 2025 with an intraday gain of 2.17%. AMI’s stock has declined by 12.96% in the last three months, down 20.33% over the six months, and increased by 34.28% over the past year. AMI’s 52-week high is AUD 0.345, recorded on 05 June 2025, and 52-week low is AUD 0.165, recorded on 30 December 2024.

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 17 November 2025. 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.