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Aminex plc ( (GB:AEX) ) has shared an announcement.
Aminex plc has announced the arrival at Mtwara port, Tanzania, of pipe imported from China for the construction of the Ntorya-to-Madimba gas pipeline, with groundwork and pipelaying scheduled to begin in February 2026. The ahead-of-schedule delivery underlines the commitment of Tanzania’s state-owned TPDC and the government to advancing the project, which is intended to feed gas from the Ntorya field into the domestic market and support the country’s energy transition, while Aminex benefits from a carried interest expected to take it through to first commercial gas production at no cost to the company.
The most recent analyst rating on (GB:AEX) stock is a Hold with a £2.00 price target. To see the full list of analyst forecasts on Aminex plc stock, see the GB:AEX Stock Forecast page.
Spark’s Take on GB:AEX Stock
According to Spark, TipRanks’ AI Analyst, GB:AEX is a Neutral.
The score is held back mainly by weak operating performance and persistent cash burn, despite a comparatively strong low-debt balance sheet. Technicals are supportive with the price above key moving averages and positive MACD, but momentum appears stretched (RSI > 70). Valuation is constrained by a negative P/E that reflects ongoing losses and no stated dividend yield.
To see Spark’s full report on GB:AEX stock, click here.
More about Aminex plc
Aminex plc is an oil and gas exploration and development company focused on Tanzania, where it holds a 25% non-operated interest in the Ntorya gas field. The company is targeting the growing Tanzanian domestic gas market, with production from Ntorya expected to help alleviate energy poverty and support the country’s energy transition, and its current work programme is fully carried up to $140 million in gross capital expenditure.
Average Trading Volume: 4,637,982
Technical Sentiment Signal: Strong Buy
Current Market Cap: £82.67M
Find detailed analytics on AEX stock on TipRanks’ Stock Analysis page.