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Auric Mining Ltd. ( (AU:AWJ) ) just unveiled an update.
Auric Mining reported a strong December quarter with the first production campaign at its Munda Gold Mine delivering 2,718 ounces of gold, generating A$16.85 million in gross sales and A$10.82 million in net cash after milling, haulage and royalties, while also stockpiling about 67,000 tonnes of high-grade ore ahead of a second toll-milling campaign at Lakewood Mill scheduled to start in late January 2026. The company also completed rehabilitation at the Jeffreys Find Gold Mine, which contributed approximately 29,537 ounces of gold and about A$14.5 million in cashflow over its life, advanced technical and tenure work on the 180,000 tpa Burbanks processing plant, progressed the Lindsay’s acquisition with partial tenement settlement and pending Wardens Court outcomes, and ended the quarter with A$6.7 million in cash and investments, no debt, and full exposure to gold prices.
The most recent analyst rating on (AU:AWJ) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on Auric Mining Ltd. stock, see the AU:AWJ Stock Forecast page.
More about Auric Mining Ltd.
Auric Mining Ltd. is an Australian gold producer focused on open-pit gold mining and toll-treatment operations in Western Australia. Its portfolio includes the Munda Gold Mine, the recently completed Jeffreys Find Gold Mine, and processing optionality through the Burbanks Gold Processing Plant, positioning the company within the regional mid-tier gold production and processing market.
Average Trading Volume: 458,971
Technical Sentiment Signal: Buy
Current Market Cap: A$58M
See more insights into AWJ stock on TipRanks’ Stock Analysis page.