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Aurelia Metals (AMI)

Hartleys Research maintains a “buy" recommendation on Aurelia Metals , with a valuation of 56¢ a share and 12-month price target of 62¢ a share.

“Recent exploration at Hera and Nymagee has intersected strong mineralisation, highlighting potential for significant deposit extensions and future mine life growth. Downhole geophysics is currently being used to better enhance targets at Nymagee and Nymagee North prior to diamond drilling recommencing sometime next week. With multiple near-mine and regional targets to test, and drilling ongoing, Aurelia continues to unlock its exploration potential, providing strong news flow.

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Elise Shaw writes on Markets specialising in Equity Markets, Commodities, Mining. Based in our Sydney newsroom, Elise has over 25 years experience as a finance and markets journalist and editor. Connect with Elise on Twitter.

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    Original URL: https://www.afr.com/markets/equity-markets/aurelia-metals-ami-20140619-j06lx