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Aurum Resources Limited
(Sydney:AUE)
Aurum Resources Limited (AUE) vs. S&P 500 (SPY)
Aurum Resources Limited Business Overview & Revenue Model
Aurum Resources Limited Financial Statement Overview
| Breakdown | ||||
| TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 233.91K | 0.00 | 0.00 | 0.00 | 0.00 | Gross Profit |
| 163.88K | -35.46K | -903.00 | -225.00 | 0.00 | EBIT |
| -3.96M | -2.04M | -1.22M | 976.32K | -5.50K | EBITDA |
| -3.75M | -2.00M | -1.21M | -2.33M | -5.50K | Net Income Common Stockholders |
| -4.21M | -2.14M | -1.21M | -2.33M | -5.50K |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 23.87M | 10.82M | 2.19M | 3.18M | 1.00 | Total Assets |
| 62.21M | 22.08M | 2.22M | 3.45M | 1.00 | Total Debt |
| 124.87K | 0.00 | 0.00 | 0.00 | 0.00 | Net Debt |
| -16.72M | -10.82M | -2.19M | -3.18M | -1.00 | Total Liabilities |
| 6.39M | 855.56K | 60.76K | 81.50K | 5.50K | Stockholders Equity |
| 51.85M | 21.23M | 2.16M | 3.37M | -5.50K |
| Cash Flow | Free Cash Flow | |||
| -12.57M | -4.65M | -995.26K | -1.52M | 0.00 | Operating Cash Flow |
| -3.47M | -1.92M | -731.41K | -629.45K | 0.00 | Investing Cash Flow |
| -16.03M | -3.20M | -263.85K | -892.15K | 0.00 | Financing Cash Flow |
| 34.58M | 13.74M | 0.00 | 4.70M | 12.00 |
Aurum Resources Limited Technical Analysis
Aurum Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
82 Outperform | $2.99B | 8.45 | 26.42% | 3.30% | 54.37% | 310.22% | |
78 Outperform | $23.84B | 25.23 | 11.01% | 2.45% | 25.11% | 28.88% | |
75 Outperform | $15.42B | 22.16 | 16.97% | 1.55% | 60.56% | 302.20% | |
49 Neutral | $1.95B | -1.59 | -21.99% | 3.77% | 0.61% | -27.45% | |
40 Underperform | AU$81.27M | ― | -13.94% | ― | ― | 38.19% |
Aurum Resources Limited Corporate Events
Aurum Resources Limited has announced significant high-grade gold intercepts from its Boundiali Gold Project in Côte d’Ivoire, highlighting the potential for resource growth. The company plans to complete 100,000 meters of diamond drilling in 2025, with two updates to the Mineral Resource Estimate expected within the year. These developments are part of Aurum’s broader strategy to enhance its resource base and support an open pit Pre-Feasibility Study by the end of 2025. With ongoing drilling and exploration efforts at both Boundiali and the newly acquired Napié project, Aurum is well-positioned for substantial resource growth and value creation.
Aurum Resources Limited has issued 4,984 fully paid ordinary shares following the conversion of MKG options as part of a takeover process. This issuance is accompanied by a cleansing notice under section 708A(5)(e) of the Corporations Act 2001, allowing for the secondary trading of these shares without disclosure, which could potentially enhance liquidity and investor engagement in the company’s securities.
Aurum Resources Limited has announced the quotation of 4,984 fully paid ordinary securities on the Australian Securities Exchange (ASX) as part of previously disclosed transactions. This move is expected to enhance the company’s liquidity and provide additional capital for its ongoing exploration and development activities, potentially strengthening its position in the mining sector.
Aurum Resources Limited has issued 561,930 fully paid ordinary shares following the conversion of MKG options, as outlined in their takeover documentation. This issuance allows for secondary trading under the exemption provided by section 708A(5) of the Corporations Act 2001, indicating compliance with relevant disclosure regulations and potentially impacting the company’s market operations and stakeholder interests.
Aurum Resources Limited has announced the quotation of 561,930 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of April 11, 2025. This move is part of previously announced transactions and is expected to enhance the company’s financial flexibility and market presence, potentially impacting its operational capabilities and stakeholder interests positively.
Aurum Resources Limited has successfully acquired 100% of the Boundiali South Tenement from Turaco Gold Limited, following the approval of a protocol agreement by Côte d’Ivoire’s government. This acquisition allows Aurum to commence diamond drilling at the tenement, which hosts a significant gold resource, and positions the company to accelerate exploration and development activities, potentially leading to future open-pit mining operations.
Aurum Resources Limited has issued 3,492,535 fully paid ordinary shares following the acquisition of the mining tenement PR-414 from Turaco Gold Limited. This issuance, conducted without disclosure under the Corporations Act 2001, allows for the secondary trading of these shares under specific exemptions, potentially impacting the company’s market activities and shareholder value.
Aurum Resources Limited has announced a new application for the quotation of securities on the Australian Securities Exchange (ASX). The company is set to quote 3,492,535 ordinary fully paid securities under the ASX issuer code AUE, with the issue date being April 7, 2025. This move could potentially enhance the company’s market presence and provide additional capital for its operations, impacting its stakeholders positively.
Aurum Resources Limited has issued a cleansing notice under section 708A(5)(e) of the Corporations Act 2001, following the issuance of 1,559,464 fully paid ordinary shares. These shares were issued as a result of the conversion of MKG options deed agreements and services rendered. The notice allows the shares to be sold under the exemption provided by the Act, ensuring compliance with regulatory requirements. This move is part of the company’s strategic efforts to manage its securities and maintain transparency with stakeholders.
Aurum Resources Limited has announced the application for the quotation of 1,559,464 ordinary fully paid securities on the Australian Securities Exchange (ASX), with an issue date of April 1, 2025. This move is part of previously announced transactions and reflects the company’s efforts to enhance its market presence and liquidity, potentially impacting its operational capacity and stakeholder interests positively.
Aurum Resources Limited has announced the issuance of unquoted equity securities under an employee incentive scheme. This includes 450,000 performance rights and 250,000 performance options, which are subject to transfer restrictions and will not be quoted on the ASX until these restrictions are lifted. This move is likely aimed at aligning employee interests with company performance, potentially impacting the company’s operational dynamics and stakeholder engagement.
Aurum Resources Limited has appointed Envitech CI Sarl to conduct an Environmental and Social Impact Assessment for its Boundiali Gold Project in Côte d’Ivoire, aiming to facilitate potential open pit gold mining and processing. This collaboration, leveraging Envitech’s expertise, is expected to bolster Aurum’s pre-feasibility study efforts and support the company’s strategy to grow its gold resources and secure mining permits by 2026, enhancing its position in the gold mining sector.
Aurum Resources Limited has announced significant high-grade gold intercepts at its Boundiali Gold Project in Côte d’Ivoire, with the most notable result being 83 meters at 4.87 g/t gold. The company plans to conduct 100,000 meters of diamond drilling in 2025, aiming to update its Mineral Resource Estimates twice within the year. These developments are expected to contribute to a Pre-Feasibility Study by year-end, potentially enhancing Aurum’s resource growth and value creation.
Aurum Resources Limited has issued a total of 495,797 fully paid ordinary shares following the conversion of MKG options deed agreements. This issuance, conducted without disclosure to investors, falls under the exemptions of the Corporations Act 2001, allowing secondary trading of these shares without the usual restrictions, potentially impacting the company’s liquidity and market activity.
Aurum Resources Limited announced an update regarding the issuance of shares for MKG option purchase agreements, utilizing their LR 7.1 placement capacity. This move is part of the company’s strategic efforts to strengthen its financial position and support its ongoing projects, potentially impacting its market standing and stakeholder interests.
Aurum Resources Limited has issued 1,500,000 fully paid ordinary shares following the conversion of options and an employee incentive plan. This issuance, conducted without disclosure under the Corporations Act 2001, allows for secondary trading under specific exemptions, indicating compliance with relevant legal provisions and potentially enhancing liquidity for stakeholders.
Aurum Resources Limited has announced the quotation of 495,797 ordinary fully paid securities on the Australian Securities Exchange (ASX) under the code AUE, effective March 19, 2025. This move is part of previously announced transactions and is expected to enhance the company’s market presence and provide additional liquidity for stakeholders.
Aurum Resources Limited has announced the issuance of 1,400,000 fully paid ordinary securities, which will be quoted on the ASX under the code AUE. This move is part of the company’s strategy to strengthen its capital structure and potentially enhance its operational capabilities, reflecting a significant step in its growth trajectory.
Aurum Resources Limited has announced the issuance of 100,000 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code AUE. This move is part of the company’s strategy to enhance its market presence and provide liquidity to its stakeholders, potentially impacting its financial operations and investor relations positively.
Aurum Resources Limited has announced significant high-grade gold intercepts from its Boundiali Gold Project in Côte d’Ivoire, extending known mineralization beyond the current Mineral Resource Estimate (MRE) area. The company plans extensive drilling programs in 2025, targeting a total of 100,000 meters at Boundiali and 30,000 meters at the Napié deposit, aiming to increase their combined gold resources and enhance project value. These efforts are expected to contribute to a Pre-Feasibility Study by the end of 2025, positioning Aurum for substantial resource growth and value creation.
Aurum Resources Limited has released its half-year financial report for the period ending December 31, 2024. The report provides detailed financial statements, including profit or loss, financial position, and cash flows, which are crucial for stakeholders to assess the company’s financial health and operational performance.
Aurum Resources Limited has announced the application for the quotation of 3,364,983 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of previously announced transactions and is expected to enhance the company’s financial position and market presence, potentially impacting its stakeholders positively.
Aurum Resources Limited has successfully completed the acquisition of Mako Gold Limited, acquiring 100% of its shares following a compulsory acquisition process. This strategic move enhances Aurum’s portfolio and strengthens its position in the mining industry, offering potential growth opportunities for stakeholders.
Aurum Resources Limited has completed its off-market takeover bid for Mako Gold Limited, acquiring a 91.38% interest in the company. Following this, Aurum is offering to buy out the remaining convertible securities of Mako, including options expiring in June 2025 and January 2025, under specific terms. This strategic acquisition strengthens Aurum’s position in the mining sector, potentially enhancing its market presence and offering benefits to stakeholders through increased resource control.
Aurum Resources Limited has reported significant high-grade gold intercepts at its Boundiali Gold Project in Côte d’Ivoire, with a notable result of 12 meters at 22.02 g/t gold from 145 meters outside the existing 1.59Moz Mineral Resource Estimate area. The company is executing a 100,000-meter drilling program in 2025 to enhance resource size and confidence, with plans for two Mineral Resource Estimate updates and a Pre-Feasibility Study by year-end. Additionally, a 30,000-meter drilling program is planned for the Napié deposit, aiming to expand its current 0.87Moz resource. Aurum is well-funded with $23 million in cash, positioning itself for substantial resource growth and value creation in 2025.
Aurum Resources Limited has reported promising high-grade gold intercepts from its Boundiali Gold Project, showcasing the potential for significant mineralization beyond the existing 1.59Moz Mineral Resource Estimate. The company is advancing its exploration efforts with extensive drilling programs planned for both Boundiali and the Napié deposit, aiming to significantly increase their resource base and complete a Pre-Feasibility Study by the end of 2025. With substantial cash reserves, Aurum is well-positioned for further resource growth and value creation, potentially impacting its operations and industry positioning positively.
Aurum Resources Limited has issued a total of 1,102,525 fully paid ordinary shares as compensation for services rendered, in line with the Corporations Act 2001. This issuance was conducted without disclosure to investors, and the company has ensured compliance with relevant sections of the Act, allowing for the secondary trading of these shares under specified exemptions.
Aurum Resources Limited has announced the application for the quotation of 252,525 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move aims to bolster the company’s capital structure and enhance its market presence, potentially impacting its operational capacity and providing stakeholders with improved investment opportunities.
Aurum Resources Limited has announced the issuance of 850,000 ordinary fully paid securities to be quoted on the Australian Securities Exchange (ASX). This development is part of the company’s strategic efforts to enhance its operational capabilities and strengthen its market position by leveraging additional capital.
Aurum Resources Limited has announced the application for the quotation of 1,354,418 ordinary fully paid securities on the Australian Securities Exchange (ASX) as of February 7, 2025. This development is part of previously announced transactions, which may affect the company’s operations by increasing its capital and potentially enhancing its market position in the resource sector.
Aurum Resources Limited has initiated compulsory acquisition of the remaining shares in Mako Gold Limited, with plans to delist Mako from the ASX. This acquisition enables Aurum to incorporate Mako’s exploration results and mineral resource estimates from the Napié Project into its future disclosures, strengthening its resource portfolio and growth platform.
Aurum Resources Limited has increased its voting power in Mako Gold Limited from 90.89% to 91.38% following a successful takeover offer. This acquisition further consolidates Aurum’s control over Mako, potentially strengthening its position in the mining sector by gaining access to Mako’s resources and opportunities.
Aurum Resources Limited has initiated the compulsory acquisition of the remaining shares in Mako Gold Limited, reaching a 91.38% acceptance. This acquisition will lead to the suspension and delisting of Mako from the ASX, allowing Aurum to disclose and reference Mako’s exploration results and mineral resource estimates for the Napié Project in future announcements.
Aurum Resources Limited has announced the closure of its off-market takeover offer for Mako Gold Limited, with Aurum now holding a 91.38% stake in Mako. The company will proceed with the compulsory acquisition process for the remaining shares, signaling a significant expansion of Aurum’s interests and influence in the gold exploration sector.
Aurum Resources Limited has released its top holders report, detailing the ownership distribution of its fully paid ordinary shares as of February 2, 2025. The report reveals that the top 20 shareholders own 58.66% of the total issued capital, with major stakeholders including J P Morgan Nominees and Citicorp Nominees. This concentration of ownership could indicate significant influence over company decisions by these entities.
Aurum Resources Limited released a holdings range report detailing their fully paid ordinary shares and listed options. The report highlights that a significant portion of their issued share capital, 90.75%, is held by investors with more than 100,000 units, indicating a concentrated ownership structure. Additionally, the report on listed options shows that 73.19% of the issued share capital is held by a small number of holders, suggesting a similar pattern of concentrated ownership. These insights could impact stakeholders by highlighting the company’s reliance on large investors, which may influence its future strategic decisions and market performance.
Aurum Resources Limited announced an addendum to a previous report about their exploration activities in Côte d’Ivoire, where they reported significant gold findings. The addendum includes detailed drill collar information for their exploration targets, which reflects Aurum’s ongoing efforts to enhance their resource base and strengthen their position in the gold mining industry.
Aurum Resources Limited has announced a maiden Mineral Resource Estimate (MRE) of 1.6 million ounces for its Boundiali Gold Project in Côte d’Ivoire, highlighting significant gold mineralization potential with ongoing drilling and newly identified prospects. Additionally, Aurum has agreed to a merger with Mako Gold Limited, offering a substantial share price premium to Mako shareholders, and has conducted a $10 million share placement to support the acquisition and fund further exploration and feasibility studies.
Aurum Resources Limited announced notable high-grade gold findings from its Boundiali project in Côte d’Ivoire, with drilling efforts yielding significant gold intercepts. The company plans to enhance its mineral resource estimates and pursue substantial drilling programs to drive resource growth in 2025, leveraging its recent acquisition of Mako Gold to expand its gold resources to 2.47 million ounces.
Aurum Resources Limited has announced that Mako Gold Limited will be suspended from trading on the ASX following Aurum’s successful takeover offer. The delisting of Mako shares is set to occur shortly after the suspension, with remaining shareholders urged to accept Aurum’s offer to avoid delays in receiving bid consideration.
Aurum Resources Ltd has announced a change in the interest of its director, Steven Zaninovich, specifically involving the acquisition of 44,744 fully paid ordinary shares at a price of $0.30 per share. This transaction is part of the Mako takeover consideration shares, and it reflects a direct and indirect interest through Zivvo Pty Ltd, where Mr. Zaninovich is a director. This acquisition may indicate strategic positioning or personal investment interest related to the company’s ongoing activities.