Hartleys has a "reduce" recommendation on Aurelia Metals and a price target of 10¢ because despite operational improvements in the September quarter, "risks remain".
"Aurelia has reported improved operational performance from Hera gold-lead-zinc mine in NSW during the SepQ. Production is up, costs are down and the company's financial position has improved.
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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.
