Aruma Resources Limited (AU:AAJ)
ASX:AAJ
Top Page
Aruma Resources Limited
(Sydney:AAJ)
Select Model
Select Model
Rating:42Neutral
Price Target:
AU$0.01
▼(-45.00% Downside)
Action:ReiteratedDate:04/03/26
The score is held down primarily by weak financial performance (minimal revenue, ongoing losses, and sustained cash burn) and bearish technical momentum (below key moving averages with negative MACD). Low leverage (no debt) provides some balance-sheet stability, but valuation is constrained by negative earnings and no dividend yield data.
Positive Factors
Low Leverage
Zero reported debt in 2025 meaningfully reduces refinancing and interest-rate risk for a small explorer. A debt-free balance sheet preserves strategic optionality, enabling the company to pursue farm-outs, JV funding or staged drilling without fixed-charge pressure that can hamper long-term project advancement.
Negative Factors
Persistent Cash Burn
Consistent negative operating cash flow and ongoing cash burn erode runway and force dependence on external funding or partner deals. Over the medium term this increases dilution risk, constrains ability to sustain multi-year exploration programs, and makes long-term planning contingent on periodic capital injections.
Read all positive and negative factors
Positive Factors
Negative Factors
Low Leverage
Zero reported debt in 2025 meaningfully reduces refinancing and interest-rate risk for a small explorer. A debt-free balance sheet preserves strategic optionality, enabling the company to pursue farm-outs, JV funding or staged drilling without fixed-charge pressure that can hamper long-term project advancement.
Read all positive factors
Aruma Resources Limited (AAJ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$8.40M
Dividend YieldN/A
Average Volume (3M)5.16M
Price to Earnings (P/E)―
Beta (1Y)2.06
Revenue GrowthN/A
EPS Growth-59.65%
CountryAU
EmployeesN/A
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding730,608,900
10 Day Avg. Volume1,705,559
30 Day Avg. Volume5,159,753
Financial Highlights & Ratios
PEG Ratio-0.02
Price to Book (P/B)1.06
Price to Sales (P/S)4.90
P/FCF Ratio-0.99
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Aruma Resources Limited Business Overview & Revenue Model
Company Description
Aruma Resources Limited operates as a mineral exploration company in Australia. The company explores for gold and lithium deposits. The company holds 100% interests in the Mt Deans lithium project covering an area of 1.44 square kilometers located...
How the Company Makes Money
Aruma Resources Limited does not have publicly available information in this context indicating recurring operating revenue from product sales or service delivery; therefore, a detailed breakdown of revenue streams (e.g., sales, royalties, product...
Aruma Resources Limited Financial Statement Overview
Summary
Income Statement
18
Very Negative
Balance Sheet
62
Positive
Cash Flow
22
Negative
| Breakdown | TTM | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 453.15K | 425.07K | 0.00 | 0.00 | 0.00 | 401.74K |
| Gross Profit | 447.68K | 425.07K | -35.34K | -30.57K | -9.26K | 395.06K |
| EBITDA | -1.80M | -2.13M | -1.20M | -3.85M | -3.69M | -1.75M |
| Net Income | -1.32M | -2.10M | -1.13M | -3.05M | -3.24M | -1.60M |
Balance Sheet | ||||||
| Total Assets | 2.25M | 2.09M | 2.41M | 3.49M | 4.85M | 2.89M |
| Cash, Cash Equivalents and Short-Term Investments | 1.02M | 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 | 321.75K | 128.20K | 157.34K | 203.33K | 595.13K | 188.36K |
| Stockholders Equity | 1.93M | 1.96M | 2.25M | 3.29M | 4.26M | 2.71M |
Cash Flow | ||||||
| Free Cash Flow | -1.24M | -2.10M | -992.15K | -3.55M | -2.33M | -1.80M |
| Operating Cash Flow | -1.24M | -2.09M | -983.66K | -3.52M | -2.31M | -1.79M |
| Investing Cash Flow | 68.37K | -2.36K | -8.50K | -100.14K | -19.71K | 577.13K |
| Financing Cash Flow | 1.55M | 813.86K | -18.98K | 2.08M | 4.34M | 2.85M |
Aruma Resources Limited Technical Analysis
Neutral
0.02
Price Trends
0.02
Negative
0.02
Negative
Market Momentum
>-0.01
Negative
23.54
Positive
20.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AAJ, the sentiment is Neutral. The current price of 0.02 is above the 20-day moving average (MA) of <0.01, above the 50-day MA of 0.02, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 23.54 is Positive, neither overbought nor oversold. The STOCH value of 20.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for AU:AAJ.
Aruma Resources Limited Peers Comparison
UnderperformOutperform
Sector (61)
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$4.65M | -7.90 | -127.91% | ― | ― | 80.88% | |
46 Neutral | AU$45.59M | -2.79 | -28.97% | ― | ― | 5.93% | |
46 Neutral | AU$12.59M | -1.33 | -50.11% | ― | ― | 3.65% | |
42 Neutral | AU$8.40M | -1.79 | -67.76% | ― | ― | -59.65% | |
42 Neutral | AU$14.57M | -0.72 | -92.34% | ― | ― | 69.23% | |
40 Underperform | AU$7.00M | -4.04 | -120.71% | ― | ― | 65.32% |
* Basic Materials Sector Average
AU:AAJ
Aruma Resources Limited
0.01
<0.01
10.00%
AU:DAF
Discovery Alaska Limited
0.02
<0.01
63.64%
AU:GNM
Great Northern Minerals Limited
0.03
0.02
130.77%
AU:GSM
Golden State Mining Ltd.
0.01
<0.01
40.00%
AU:SFM
Santa Fe Minerals Ltd.
0.28
0.24
600.00%
AU:TMB
Tambourah Metals Ltd
0.05
0.02
66.67%
Aruma Resources Limited Corporate Events
Aruma EM Survey Extends Depth and Strike at Tillex Copper-Silver Project
Apr 1, 2026
Aruma Resources has reported highly positive results from a fixed loop time domain electromagnetic survey at its Tillex Copper-Silver Project in Ontario’s Timmins mining district. The work identified two significant conductors, including a M...
Aruma Resources Relocates Registered Office While Maintaining Copper Exploration Focus
Mar 19, 2026
Aruma Resources Limited, a copper-focused exploration company listed on the ASX, is advancing the high-grade Tillex Copper sulphide Project in Ontario’s Timmins district while also holding copper assets in Queensland’s Mt Isa region an...
Aruma Expands Mineralised Footprint at Saltwater with Strong Soil Anomalies
Mar 15, 2026
Aruma Resources has reported highly encouraging soil sampling results from its 100%-owned Saltwater Project in Western Australia’s Pilbara, where 741 samples were collected across the Saltwater Dome and Tunnel Creek target areas. The work ha...
Aruma confirms high-grade heavy mineral sands at Wilan as it refocuses exploration portfolio
Mar 8, 2026
Aruma Resources has reported the discovery of high-value heavy mineral sands assemblages containing zircon, rutile and ilmenite at its Wilan Project in South Australia’s Eromanga Basin. The maiden reconnaissance stream sediment program retur...
Aruma launches EM survey to fast-track exploration at Tillex copper-silver project
Mar 2, 2026
Aruma Resources has begun an extensive fixed loop time domain electromagnetic survey at its Tillex Copper-Silver Project in Ontario’s Timmins mining district, aiming to map conductive zones that may indicate copper mineralisation beyond the ...
Aruma Issues Shares as Part Consideration for Tillex Copper Project Acquisition
Feb 11, 2026
Aruma Resources has issued 5,839,468 fully paid ordinary shares as part of the consideration for acquiring the Tillex Copper Project, integrating the new equity into its existing class of ASX-quoted securities. The issuance was conducted without a...
Aruma Finalises Tillex Copper-Silver Acquisition in Canada’s Timmins District
Feb 10, 2026
Aruma Resources has completed the acquisition of the high-grade Tillex Copper-Silver Project in the Tier-1 Timmins mining district of Ontario, Canada, consolidating four patented claims into a single asset under its ownership. The project, near Gl...
Aruma Resources Seeks ASX Quotation for 5.8 Million New Shares
Feb 10, 2026
Aruma Resources Limited has applied to the Australian Securities Exchange for the quotation of 5,839,468 new fully paid ordinary shares under its ticker AAJ. The securities, issued on 10 February 2026 pursuant to a previously announced transaction...
Aruma Resources’ AAJOA Securities Reinstated to ASX Quotation
Feb 9, 2026
Aruma Resources Limited has had its AAJOA security class reinstated to quotation on the Australian Securities Exchange. The reinstatement follows the company’s compliance with ASX Listing Rule 2.5, allowing trading in this class of securitie...
Aruma Resources Reveals Highly Concentrated Ownership of 2029 Options
Feb 9, 2026
Aruma Resources has disclosed the top 20 holders of its AAJOA options, which are exercisable at $0.018 and expire on 6 February 2029, revealing a concentrated ownership structure. The leading holder, Oakley Capital Partners, controls 23.16% of thi...
Aruma Resources Reveals Highly Concentrated AAJOA Option Holdings
Feb 9, 2026
Aruma Resources has disclosed the holding range distribution for its AAJOA options, which are exercisable at $0.018 and expire on 6 February 2029. The report shows that 1,917 holders collectively own 281,005,078 options, providing investors with a...
Aruma Resources Seeks ASX Quotation for New 2029 Options
Feb 9, 2026
Aruma Resources Limited has lodged an application with the ASX for quotation of a new class of options, identified as AAJOA, with an expiry date of 6 February 2029. The company is seeking quotation for 20,642,160 deferred options issued on 9 Febru...
Aruma Resources Seeks ASX Quotation for 260 Million Deferred Options
Feb 9, 2026
Aruma Resources Limited has applied for quotation on the ASX of 260,362,918 deferred options, each expiring on 6 February 2029. The options, issued under a previously announced Appendix 3B transaction, will expand the company’s listed securi...
Aruma Resources Plans Placement of 5.8 Million New Shares on ASX
Feb 9, 2026
Aruma Resources Limited has lodged a notice of a proposed issue of 5,839,468 ordinary fully paid shares on the ASX, classified as a placement or other type of issue. The new securities, scheduled for issue on 9 February 2026, form part of the comp...
ASX Suspends Trading in Aruma Resources’ AAJOA Securities Class
Feb 5, 2026
Aruma Resources Limited has had a specific class of its securities, identified by the code AAJOA, suspended from quotation on the ASX under Listing Rule 17.3.4, pending the company’s compliance with Listing Rule 2.5. The suspension is limite...
Aruma Details Tillex Copper Project Acquisition in Canada’s Timmins District
Feb 1, 2026
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 projec...
Aruma Resources Issues Over 309 Million New Shares to Support Copper Exploration Portfolio
Feb 1, 2026
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 t...
Aruma Resources Seeks ASX Quotation for 308.6 Million New Shares
Feb 1, 2026
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...
Aruma Resources Seeks ASX Quotation for 1.18 Million New Shares
Feb 1, 2026
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 ...
Aruma Expands Copper Footprint With Tillex Acquisition and New Priority Targets
Jan 29, 2026
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...
Aruma Resources Issues New Shares on Exercise of Options
Jan 27, 2026
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 Corporatio...
Aruma Resources Seeks ASX Quotation for Over 2.1 Million New Shares
Jan 27, 2026
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 convers...
Aruma Resources to Reward Shareholders with Bonus Options Issue
Jan 22, 2026
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 Jan...
Aruma Resources Launches Highly Speculative Options Offers via Transaction-Specific Prospectus
Jan 22, 2026
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 e...
Aruma Resources Expands into Canada with High-Grade Tillex Copper-Silver Acquisition
Jan 21, 2026
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...
Aruma Resources Issues 10 Million Unquoted Performance Rights Under Incentive Scheme
Jan 14, 2026
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...
Aruma Resources Increases Director’s Performance Rights Following Shareholder Approval
Jan 14, 2026
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...
Aruma Resources Issues 70 Million Unquoted Performance Rights
Jan 14, 2026
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 adju...
Aruma Resources Plans Issue of 70 Million Director Performance Rights
Jan 13, 2026
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 pl...
Aruma Resources Shareholders Back Capital Raising and Incentive Resolutions at General Meeting
Jan 12, 2026
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...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.