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Aruma Resources Limited
(Sydney:AAJ)
Aruma Resources Limited (AAJ) vs. iShares MSCI Australia ETF (EWA)
Aruma Resources Limited Business Overview & Revenue Model
Aruma Resources Limited Financial Statement Overview
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 425.07K | 425.07K | 0.00 | 0.00 | 0.00 | 401.74K |
| Gross Profit | 425.07K | 425.07K | -35.34K | -30.57K | -9.26K | 395.06K |
| EBITDA | -2.13M | -2.13M | -1.20M | -3.85M | -3.69M | -1.75M |
| Net Income | -2.10M | -2.10M | -1.13M | -3.05M | -3.24M | -1.60M |
Balance Sheet | ||||||
| Total Assets | 2.09M | 2.09M | 2.41M | 3.49M | 4.85M | 2.89M |
| Cash, Cash Equivalents and Short-Term Investments | 961.31K | 961.31K | 2.30M | 3.26M | 4.75M | 2.82M |
| Total Debt | 0.00 | 0.00 | 5.88K | 27.69K | 0.00 | 0.00 |
| Total Liabilities | 128.20K | 128.20K | 157.34K | 203.33K | 595.13K | 188.36K |
| Stockholders Equity | 1.96M | 1.96M | 2.25M | 3.29M | 4.26M | 2.71M |
Cash Flow | ||||||
| Free Cash Flow | -2.10M | -2.10M | -992.15K | -3.55M | -2.33M | -1.80M |
| Operating Cash Flow | -2.09M | -2.09M | -983.66K | -3.52M | -2.31M | -1.79M |
| Investing Cash Flow | -2.36K | -2.36K | -8.50K | -100.14K | -19.71K | 577.13K |
| Financing Cash Flow | 813.86K | 813.86K | -18.98K | 2.08M | 4.34M | 2.85M |
Aruma Resources Limited Technical Analysis
Aruma Resources Limited Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
48 Neutral | AU$4.22M | -13.85 | -66.08% | ― | ― | 80.88% | |
46 Neutral | AU$15.10M | -2.27 | -37.42% | ― | ― | 3.65% | |
45 Neutral | AU$14.50M | -2.20 | -99.88% | ― | ― | -59.65% | |
45 Neutral | AU$9.42M | -4.65 | -131.62% | ― | ― | 65.32% | |
44 Neutral | AU$45.59M | -25.23 | -51.49% | ― | ― | 5.93% | |
41 Neutral | AU$20.85M | -10.75 | -32.31% | ― | ― | 69.23% |
Aruma Resources Limited Corporate Events
Aruma Resources has released a presentation detailing its acquisition of the Tillex Copper Project, a substantially drill-defined, high-grade copper sulphide asset in Canada’s Timmins Minerals District. The company highlights that the project is supported by extensive prior drilling and recent technical work, with exploration results and geological interpretations compiled and verified by a qualified Competent Person under the JORC Code. While the document is positioned as an overview rather than an investment offer, it underscores the potential strategic importance of the Tillex acquisition in expanding Aruma’s copper portfolio and strengthening its presence in a well-known mining jurisdiction, while also noting the inherent technical and economic risks associated with exploration and development decisions.
The most recent analyst rating on (AU:AAJ) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Aruma Resources Limited stock, see the AU:AAJ Stock Forecast page.
Aruma Resources has issued 309,820,861 fully paid ordinary shares, comprising the second tranche of a previously announced placement and shares resulting from the exercise of unlisted options, all within an existing class of securities quoted on the ASX. The capital issuance, conducted under relevant Corporations Act provisions without a prospectus, underscores Aruma’s ongoing funding strategy to support its copper-focused exploration portfolio, while the company confirms it remains compliant with its continuous disclosure and reporting obligations, providing assurance to investors regarding regulatory transparency.
The most recent analyst rating on (AU:AAJ) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Aruma Resources Limited stock, see the AU:AAJ Stock Forecast page.
Aruma Resources Limited has lodged an Appendix 2A application with the ASX for the quotation of 308,644,391 new fully paid ordinary shares, to be issued on 2 February 2026. The large volume of securities being quoted reflects a significant capital markets move that could impact the company’s capital structure and liquidity, with potential implications for existing shareholders and its positioning within the resources sector as it continues to fund and advance its exploration and development activities.
The most recent analyst rating on (AU:AAJ) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Aruma Resources Limited stock, see the AU:AAJ Stock Forecast page.
Aruma Resources Limited has applied to the ASX for quotation of 1,176,470 new ordinary fully paid shares under code AAJ, with an issue date of 30 January 2026. The additional securities, arising from the exercise or conversion of existing options or other convertible instruments, will increase the company’s quoted share capital and may modestly enhance its funding flexibility and market liquidity for shareholders.
The most recent analyst rating on (AU:AAJ) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Aruma Resources Limited stock, see the AU:AAJ Stock Forecast page.
Aruma Resources has strengthened its copper portfolio by executing binding agreements to acquire an 85% interest in the high-grade Tillex Copper-Silver Project and 100% of adjoining patented claims in Ontario’s Tier-1 Timmins mining district, where extensive historical diamond drilling has defined shallow, high-grade copper sulphide mineralisation over 450 metres of strike that remains open along trend and at depth. During the December quarter the company also reported encouraging maiden drilling results at its Fiery Creek Copper Project in Queensland’s Mt Isa belt, completed sampling programs at its Wilan heavy mineral sands and IOCG-U project in South Australia and its Saltwater Project in Western Australia, identified new priority copper targets at Bortala and Fiery Creek, and secured commitments for a $3.515 million capital raising and a non-core project divestment to fund continued exploration across its key assets.
The most recent analyst rating on (AU:AAJ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Aruma Resources Limited stock, see the AU:AAJ Stock Forecast page.
Aruma Resources Limited has issued 2,123,261 fully paid ordinary shares following the exercise of unlisted options at $0.017 per share, expanding its quoted share capital on the ASX. The shares were issued without a prospectus under the Corporations Act’s Section 708A provisions, with the company confirming its ongoing compliance with financial reporting and continuous disclosure obligations and stating there is no excluded information, signalling a routine capital structure adjustment that maintains regulatory transparency for investors.
The most recent analyst rating on (AU:AAJ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Aruma Resources Limited stock, see the AU:AAJ Stock Forecast page.
Aruma Resources Limited has applied to the ASX for quotation of 2,123,261 new fully paid ordinary shares, to be issued on 27 January 2026 under its existing listing rules framework. The additional securities, resulting from the exercise or conversion of existing instruments, will modestly increase the company’s free float and may provide incremental capital flexibility and liquidity for shareholders as Aruma advances its resource-focused activities.
The most recent analyst rating on (AU:AAJ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Aruma Resources Limited stock, see the AU:AAJ Stock Forecast page.
Aruma Resources Limited has announced a proposed bonus issue of options to its shareholders, with up to 20,641,263 new options to be issued under ASX code to be confirmed. The issue, which has an ex-date of 29 January 2026, a record date of 30 January 2026 and an issue date of 6 February 2026, reflects the company’s use of equity-based incentives to reward existing investors and potentially strengthen its capital structure without immediate cash dilution, subject to ASX quotation and compliance with listing rules.
The most recent analyst rating on (AU:AAJ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Aruma Resources Limited stock, see the AU:AAJ Stock Forecast page.
Aruma Resources Limited has released an options prospectus dated 23 January 2026 outlining a series of offers of new options to investors and stakeholders. Under the document, participants in a recent placement are entitled to one new option for every two shares subscribed, eligible existing shareholders on the record date are offered one bonus option for every 20 shares held, and the lead manager is to receive over 65 million new options. The prospectus, characterised as a transaction-specific document for continuously quoted securities, emphasises that the options are highly speculative, highlights the risks associated with forward‑looking statements, and confirms that the offers are only being made to investors in specified jurisdictions, reinforcing Aruma’s adherence to regulatory and continuous disclosure requirements.
The most recent analyst rating on (AU:AAJ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Aruma Resources Limited stock, see the AU:AAJ Stock Forecast page.
Aruma Resources has struck binding agreements to acquire an 85% interest in the high-grade Tillex Copper-Silver Project and 100% of adjoining patented claims in Ontario’s tier-one Timmins mining district, in a move that significantly expands its copper footprint into Canada. The Tillex deposit, which has seen more than 10,000m of historical diamond drilling, has delivered broad, shallow, high-grade copper and silver intersections over a 450m strike that remains open along strike and at depth, and sits on patented claims that confer full mineral and land rights without the need for landowner approvals. Supported by existing First Nations arrangements on part of the ground, strong local infrastructure near the city of Timmins and proximity to Glencore’s Kidd Creek operation, Aruma plans an immediate dual-track strategy of exploration and resource development, including geophysics and a phase-one drilling program this quarter, with the objective of defining a maiden Mineral Resource Estimate and enhancing its position in the copper sector amid robust supply-demand conditions.
The most recent analyst rating on (AU:AAJ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Aruma Resources Limited stock, see the AU:AAJ Stock Forecast page.
Aruma Resources Limited has issued 10 million unquoted performance rights under its employee incentive scheme, with the new securities not intended for quotation on the ASX. The move bolsters the company’s equity-based remuneration structure, aiming to align employee interests with shareholder value and support retention and performance incentives across the business.
The most recent analyst rating on (AU:AAJ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Aruma Resources Limited stock, see the AU:AAJ Stock Forecast page.
Aruma Resources Limited has disclosed a change in director Grant Ferguson’s interests, with his indirect holding via Fehu Capital Pty Ltd increasing by 30,000,000 performance rights to a total of 38,865,000. The additional performance rights were issued for nil consideration following shareholder approval at a meeting on 12 January 2026, signalling an adjustment to the director’s incentive structure and potentially aligning management interests more closely with future company performance.
The most recent analyst rating on (AU:AAJ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Aruma Resources Limited stock, see the AU:AAJ Stock Forecast page.
Aruma Resources Limited has notified the market of the issue of 70 million unquoted performance rights, recorded under ASX code AAJAH, which are not intended to be listed on the ASX. The new securities, issued on 13 January 2026, represent an adjustment to the company’s capital structure and may influence future dilution and incentive alignment for stakeholders, though they will not be directly tradeable on the exchange.
The most recent analyst rating on (AU:AAJ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Aruma Resources Limited stock, see the AU:AAJ Stock Forecast page.
Aruma Resources Limited has lodged an Appendix 3B with the ASX outlining a proposed issue of securities in the form of Director Performance Rights. On 13 January 2026, the company plans to issue up to 70 million Director Performance Rights as a placement or similar issue type, a move that adjusts its capital structure and further aligns director incentives with shareholder outcomes, though the announcement does not detail specific performance conditions or broader strategic context for the grant.
The most recent analyst rating on (AU:AAJ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Aruma Resources Limited stock, see the AU:AAJ Stock Forecast page.
Aruma Resources Limited has confirmed that all resolutions put to shareholders at its 12 January 2026 general meeting were passed by the required majority on a poll, with strong levels of support across the register. The approvals ratify the prior issue of Tranche 1 placement shares, clear the way for the issue of Tranche 2 placement shares and associated placement options, allow director participation in the capital raising, authorise the grant of options to Oakley Capital Partners, and endorse additional performance rights and securities under the employee incentive plan, collectively strengthening the company’s capital structure and aligning management, directors and key partners with shareholder interests.
The most recent analyst rating on (AU:AAJ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Aruma Resources Limited stock, see the AU:AAJ Stock Forecast page.
Aruma Resources Limited announced the identification of new priority targets at its Fiery Creek Copper Project in Queensland, specifically the Twilight Prospect for zinc-lead-silver and the Dawn Prospect for copper exploration. The company plans to advance its exploration activities with IP and ground gravity surveys in Q1 2026, progressing toward potential drilling. These developments align with Aruma’s strategy to uncover large-scale regional mineral deposits, contributing to its position in the mining sector and offering potential value to stakeholders.
Aruma Resources Limited has announced a General Meeting for its shareholders, scheduled for January 12, 2026, in Perth, Western Australia. Shareholders can participate in person or by proxy, with proxy forms due by January 10, 2026. The meeting will address various resolutions, and shareholders are encouraged to review the notice of meeting available on the company’s website or the ASX website. This meeting is a standard procedure for shareholder engagement and decision-making, reflecting the company’s commitment to transparent governance and stakeholder involvement.
Aruma Resources Limited has announced a General Meeting to be held on January 12, 2026, where shareholders will vote on several resolutions related to the issuance of placement shares and options. These resolutions include ratifications of prior share issues, approvals for new share and option issuances, and participation of directors and Oakley Capital Partners in these placements. The outcomes of these resolutions could significantly impact the company’s capital structure and stakeholder interests.
Aruma Resources Limited has identified new priority exploration targets at its 100%-owned Bortala Copper Project in northern Queensland. The company has pinpointed multiple high-priority targets, including the R9 Anomaly and Nara West Prospect, which are associated with major regional structures and favorable host lithologies. These targets, which have not yet been drill tested, offer significant exploration opportunities for potential regional-scale gold and base metal mineralization, including iron oxide copper gold (IOCG) and structural hosted copper. Aruma plans to commence an infill soil sampling program in Q1 2026 to refine these targets for the first phase of drilling.
Aruma Resources Limited presented its 2025 AGM presentation, emphasizing its commitment to delivering shareholder value through disciplined and high-impact exploration. The presentation highlighted the company’s ongoing exploration results and confirmed that there is no new information affecting previous announcements. This approach reinforces Aruma’s strategic focus on mineral exploration, potentially impacting its market positioning and stakeholder interests.
Aruma Resources Limited has announced the commencement of an extensive soil sampling program at its Saltwater Project in the Pilbara region of Western Australia. This initiative targets the Tunnel Creek and Saltwater Dome prospects with approximately 800 samples planned over a 17.3 km strike length. The program aims to refine drill targets for gold, base metals, and critical minerals, which are essential for emerging technologies. This phase is part of Aruma’s systematic strategy to enhance its exploration activities and potentially discover significant mineral deposits, thereby strengthening its position in the industry.
Aruma Resources Limited has announced the commencement of its first heavy mineral sands (HMS) reconnaissance sampling program at the Wilan Project in South Australia’s Eromanga Basin. This initiative, which has received consent from landowners and the Traditional Owners, aims to explore the potential for economically significant HMS deposits, leveraging the project’s strategic location near recent discoveries by Altitude Minerals. The program is expected to conclude next month, with results anticipated to provide insights into the project’s potential and contribute to the growing demand for HMS in various industries.