Date of Data Capture:
AURELIA METALS LTD (AMI)
Forecast EBITDA Growth:
Consensus Price Target:
# Covering Analysts:
Discount at Current Price:
Price Target Trend (3-Month): Up
Trend Bias: Up
Focus: (Dividend Income) & Capital Growth
Set up Notes:
• Precious/base metal producer/explorer AMI is setting up another potential longer-term uptrend here after breaking out of a major downtrend in June, supported by strong forecasting to 2022.
• Strong performance for years gave way to weak earnings in 2019 as margins suffered for greater revenue gains, though this should reverse in 2021 and carry forward with increasing strength.
• Pricing shows the recent rally stalling under minor resistance at 75c last month, pulling back to just above major support of 50c here, and with momentum growing in the longer-term timeframes we think this is an entry opportunity.
($): 0.55, 0.50, 0.45 & 0.40.
($): 0.60, 0.65, 0.70, 0.80 & 1.00.