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Aurum Resources Limited
(Sydney:AUE)
Aurum Resources Limited (AUE) vs. iShares MSCI Australia ETF (EWA)
Aurum Resources Limited Business Overview & Revenue Model
Aurum Resources Limited Financial Statement Overview
| Breakdown | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 600.38K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 600.38K | -35.46K | -903.00 | -225.00 | 0.00 |
| EBITDA | -7.60M | -2.00M | -1.21M | -2.33M | -5.50K |
| Net Income | -7.98M | -2.14M | -1.21M | -2.33M | -66.00K |
Balance Sheet | |||||
| Total Assets | 60.96M | 22.08M | 2.22M | 3.45M | 0.00 |
| Cash, Cash Equivalents and Short-Term Investments | 8.57M | 10.82M | 2.19M | 3.18M | 0.00 |
| Total Debt | 100.10K | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 3.30M | 855.56K | 60.76K | 81.50K | 5.50K |
| Stockholders Equity | 57.66M | 21.23M | 2.16M | 3.37M | -5.50K |
Cash Flow | |||||
| Free Cash Flow | -25.36M | -4.65M | -995.26K | -1.52M | 0.00 |
| Operating Cash Flow | -1.58M | -1.92M | -731.41K | -629.45K | 0.00 |
| Investing Cash Flow | -23.61M | -3.20M | -263.85K | -892.15K | 0.00 |
| Financing Cash Flow | 22.95M | 13.74M | 0.00 | 4.70M | 12.00 |
Aurum Resources Limited Technical Analysis
Aurum 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% | |
51 Neutral | AU$212.98M | -22.86 | -8.25% | ― | ― | -55.56% | |
50 Neutral | AU$1.09B | -81.25 | -15.51% | ― | ― | -90.48% | |
49 Neutral | AU$587.20M | -26.93 | -140.97% | ― | ― | ― | |
48 Neutral | AU$263.39M | -20.79 | -20.24% | ― | ― | 4.04% | |
47 Neutral | AU$448.99M | -12.36 | -12.73% | ― | 2.00% | 8.82% | |
45 Neutral | AU$71.56M | -2.59 | -18.67% | ― | ― | 53.31% |
Aurum Resources Limited Corporate Events
Aurum Resources has disclosed that Montage Gold Corp. and its associates have ceased to be substantial holders in the company as of 24 February 2026, under Section 671B of the Corporations Act. The change, formally notified by company secretary Kathy Love, indicates a reduction in Montage’s voting interest below the substantial holding threshold, potentially altering Aurum’s shareholder base and the balance of influence among its major investors.
The notice follows a previous substantial holding lodged in July 2025 and confirms there are no new or changed associations related to Montage’s interest in Aurum. While detailed transaction information is contained in annexures to the filing, the key implication is a shift in the company’s ownership structure, which may affect future corporate control dynamics and institutional support for Aurum’s strategic direction.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.71 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources Limited has notified the market of a change in its issued capital structure following the lapse of certain performance-based equity instruments. The update reflects the cessation of rights that were contingent on conditions that were not met, slightly reducing potential future dilution for existing shareholders without affecting current issued shares.
The company reported that 1,000,000 performance rights, trading under ASX code AUEAD, ceased on February 25, 2026 after the relevant performance or vesting conditions were not satisfied or became incapable of being satisfied. This lapse indicates that management or employee incentive hurdles tied to these rights were not achieved, which may prompt investor scrutiny of performance targets but does not involve any cash outlay or buyback by the company.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.70 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources has disclosed a change in the holdings of Managing Director Dr Caigen Wang, detailing an increase in his direct interest in the company’s fully paid ordinary shares. Wang acquired 2,000,000 additional shares at $0.72 per share, with no disposals reported, alongside an already substantial mix of shares, options, and performance rights.
The transaction, made both directly and indirectly via Multiple Resources Pty Ltd where Wang is sole director, further strengthens management’s equity stake in the company. This higher level of insider ownership may be viewed by investors as a signal of confidence in Aurum Resources’ prospects and could influence perceptions of governance alignment with shareholder interests.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.70 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources Limited has issued new shares without a disclosure document under the Corporations Act, relying on provisions that allow such an issue where certain conditions are met. The company states it is up to date with its financial reporting and continuous disclosure obligations and confirms there is no excluded information that investors would reasonably expect in a disclosure document, aiming to reassure shareholders about transparency and compliance.
The notice indicates that the board has formally approved the announcement, underscoring that the capital raising has been conducted within the legal framework for secondary share issues. This step may facilitate smoother trading of the newly issued securities on the ASX and signals to the market that the company considers itself fully compliant with relevant corporate governance standards.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.70 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources Limited has applied for quotation on the ASX of 8,140,000 new ordinary fully paid shares, with an issue date of 24 February 2026. The new securities result from the exercise or conversion of existing options or other convertible instruments, modestly expanding the company’s share base and providing additional capital that may support ongoing exploration and corporate initiatives while incrementally diluting existing shareholders.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.70 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources Limited has reported a change in its capital structure following the lapse of 500,000 performance rights. The rights, listed under ASX code AUEAD, ceased on 24 February 2026 after the conditions attached to them were not met or became incapable of being satisfied.
The lapse of these performance rights slightly reduces the pool of potential future equity and may marginally alleviate dilution risk for existing shareholders. The notification clarifies the company’s current issued capital base but does not signal any immediate change to its operational strategy or project portfolio.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.70 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources has lifted the Mineral Resource Estimate at its Boundiali Gold Project in Côte d’Ivoire to 3.03 million ounces of gold at 1.0 g/t, driven by a 49% increase in Indicated Resources to 1.37 million ounces following intensive infill drilling. The higher-confidence resource base strengthens the case for a large-scale, integrated open-pit development, with a pre-feasibility study due by the end of the March quarter of 2026.
Including its 0.87 million-ounce Napié Gold Project, Aurum now holds a combined group resource of 3.90 million ounces and is targeting further growth with a 100,000-metre drilling program underway at Boundiali and a Napié resource update expected this quarter. The company, which reports a cash position of $40.2 million, continues to test new prospects and extensions at Boundiali, aiming to consolidate its position as a premier West African gold player and potentially push its global resource inventory beyond 4 million ounces in the near term.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.70 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources Limited has retracted a previously stated production target of 450,000 ounces per annum that appeared in an investor presentation released on 10 February 2026. The company clarified that this figure was aspirational, conceptual in nature, not compliant with ASX Listing Rule 5.16, and that its technical, feasibility and economic viability are currently unknown.
As a result, Aurum has issued an updated investor presentation with the production target removed and warned that investors should not rely on the withdrawn figure when making investment decisions. The move underscores heightened regulatory scrutiny around disclosure of production targets and may temper market expectations about the company’s development trajectory until more robust studies are completed.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.64 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources has rapidly advanced its Côte d’Ivoire portfolio over 2024–2026 through aggressive drilling, resource growth and project consolidation at the Boundiali and Napié gold projects. The group has reported multiple high‑grade intercepts, significantly expanded indicated resources at Boundiali, and confirmed strong gold recoveries in metallurgical test work, underscoring the technical potential of its assets.
Alongside the drill success, Aurum has strengthened its strategic position via the takeover and integration of Mako Gold, expansion of exploration ground, and a series of equity raisings and asset sales that bolstered its balance sheet. Board and management changes, mining licence applications and commencement of environmental studies indicate a transition from pure explorer toward project development, with implications for future production ambitions in the West African gold sector.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.64 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources has issued 810,555 fully paid ordinary shares following the conversion of unquoted options, modestly increasing its share capital base. The company has lodged a cleansing notice under section 708A of the Corporations Act, confirming compliance with its continuous disclosure and reporting obligations and enabling these new shares to be freely traded on the secondary market without a separate prospectus.
The move streamlines secondary trading for investors who receive or acquire these newly issued shares, enhancing liquidity and simplifying on-sale arrangements under Australian securities law. By affirming there is no excluded information requiring disclosure, Aurum seeks to reassure the market that the additional equity does not come with undisclosed risks or material information that could affect existing shareholders.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.64 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources Limited has applied to the ASX for quotation of 810,555 new ordinary fully paid shares, to be issued on 9 February 2026. The additional securities, arising from exercised options or converted instruments, modestly expand the company’s free float and may enhance liquidity in its stock, offering existing and new investors increased participation in its future activities.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.64 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources has reported new high-grade gold intercepts from its 100,000m diamond drilling campaign at the 2.41Moz Boundiali Gold Project in Côte d’Ivoire, confirming a 150m depth extension of mineralisation at the BDT3 deposit and a 700m strike extension to the north of the BDT1 deposit. The latest results, which include standout intersections such as 12m at 7.52 g/t gold from 394m at BDT3, provide the final data needed for an imminent mineral resource estimate update for the BDT2 and BDT3 deposits, while reconnaissance drilling at BDT1 demonstrates that the system remains open and offers clear scope for further resource growth in a planned 130,000m drilling program in 2026. With approximately $40.1 million in cash at the end of 2025 and 12 company-owned rigs operating, Aurum is positioned to deliver updated mineral resource estimates for Boundiali and Napié alongside a Boundiali pre-feasibility study this quarter, supporting its strategy to rapidly advance the project toward a definitive feasibility study in late 2026 and potentially strengthen its position as a significant West African gold developer.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.64 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources reported a strong December quarter marked by substantial drilling progress and resource upgrades at its flagship Boundiali Gold Project (2.41Moz) and Napié Gold Project (0.87Moz) in Côte d’Ivoire. At Boundiali, infill drilling at the BMT3 deposit converted a significant portion of inferred resources to indicated, lifting indicated resources to 26Mt at 1.1 g/t Au for 920,000 ounces and defining a higher-grade 1.32Moz component at 1.7 g/t Au, while multiple high-grade drill intercepts underscore the continuity and growth potential of the system. The company also advanced project development with two new mining exploitation licence applications, continued around-the-clock drilling using up to 12 in-house rigs, and confirmed that updated mineral resource estimates for both Boundiali and Napié, along with a pre-feasibility study for Boundiali, remain on track for delivery in Q1 2026. On the corporate front, Aurum strengthened its balance sheet via a ~A$23 million share sale in Montage, ending the quarter with $40.2 million in cash, leaving it well-funded to execute an aggressive 2026 drilling program of 100,000m at Boundiali and 30,000m at Napié and to advance its transition from explorer to potential gold developer in West Africa.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.75 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources has reported further high-grade gold assay results from infill and step-back diamond drilling at the BMT3 deposit within its 2.41-million-ounce Boundiali Gold Project in Côte d’Ivoire, confirming multiple strong intercepts and demonstrating that mineralisation remains open along strike and at depth. Backed by a cash balance of about $40.1 million and a 100,000m drilling program at Boundiali plus 30,000m at Napié planned for 2026, the company is pushing ahead with resource growth, with updated mineral resource estimates for both projects and a pre-feasibility study for Boundiali slated for release in the first quarter of 2026 as it advances toward a definitive feasibility study later that year.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.75 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources Limited has issued 861,111 fully paid ordinary shares following the conversion of quoted and unquoted options, expanding its share capital base. The company has lodged a cleansing notice under section 708A(5)(e) of the Corporations Act 2001, confirming that these shares were issued without a prospectus but may now be freely traded under the legislative exemption, signalling regulatory compliance and facilitating secondary market liquidity for new securities holders.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.75 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources Limited has applied to the Australian Securities Exchange for the quotation of 861,111 new ordinary fully paid shares under its ASX code AUE. The issuance of these additional securities, arising from the exercise or conversion of existing options or other convertible instruments, modestly expands the company’s share capital and may provide incremental funding flexibility, while slightly diluting existing shareholders’ stakes.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.75 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources has appointed veteran investment banker Richard Simpson as its new Non-Executive Chairman, effective 2 February 2026, with current Chairman Troy Flannery transitioning to a Non-Executive Director role. To align Simpson’s incentives with long-term shareholder value, the company has granted him 6 million unquoted performance rights and 2 million unquoted performance options under its existing placement capacity, signalling an emphasis on project development, financing, resource growth and share price performance as Aurum advances the Boundiali Gold Project and its wider expansion strategy.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.75 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources Limited has appointed Richard Simpson as a director effective 2 February 2026, and has outlined his initial interests in the company’s securities. Simpson, via Lexton Holdings Pty Ltd as trustee for the Simpson Trust, holds a series of performance rights tied to key milestones at Aurum’s Boundiali Gold Project and to market-based share price hurdles.
The performance rights, totaling 6 million across multiple tranches, vest upon achieving conditions such as first gold pour at Boundiali, delivery of a definitive feasibility study, securing project capex financing, substantial increases in JORC-compliant gold resources, and sustained share price targets up to A$1.50. This remuneration structure closely aligns Simpson’s incentives with Aurum’s project development, resource growth, and market valuation, underscoring the company’s focus on advancing the Boundiali Gold Project and enhancing shareholder value.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.75 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources Limited has notified the Australian Securities Exchange of the issue of new unquoted equity securities, consisting of 8 million performance rights and 3 million performance options. The issuance, completed on 15 January 2026, forms part of the company’s capital management and incentive arrangements, potentially altering its capital structure and aligning key stakeholders’ interests with future company performance.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.75 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources has reported a series of shallow, high-grade gold intercepts from infill and step-back diamond drilling at the BDT2 deposit within its 2.41Moz Boundiali Gold Project in Côte d’Ivoire, confirming multiple significant zones of mineralisation in a 13km by 3km underexplored corridor. The mineralisation at BDT2 remains open along strike and at depth, with drilling extending gold zones by up to 180 metres below the current resource, underlining strong potential for resource expansion ahead of updated Mineral Resource Estimates for Boundiali and Napié and a Boundiali Pre-Feasibility Study scheduled in early 2026. Backed by an unaudited cash balance of approximately $40.1 million and aggressive 2026 drilling plans totalling 130,000 metres across Boundiali and Napié, Aurum signals a clear pathway toward further resource upgrades and progression to a Definitive Feasibility Study at Boundiali, positioning the company to potentially create substantial value for shareholders and other stakeholders.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.70 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources Limited has applied to the ASX for quotation of 170,000 new ordinary fully paid shares, effective 9 January 2026, following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted securities marginally expands Aurum’s share base and reflects ongoing capital management typical of resource-sector companies, potentially providing additional funding flexibility for future operational and exploration activities without materially altering its overall market positioning.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.75 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources has lodged three mining exploitation licence applications covering the full 572.67km² footprint of its Boundiali Gold Project in Côte d’Ivoire, marking a shift from pure exploration toward potential development of a large-scale open-pit operation. The company now has mining licence applications in place for the Boundiali South, Boundiali DS and Boundiali Minex tenements, underpinned by a 2.41Moz mineral resource at Boundiali and 0.87Moz at Napié, and plans for an aggressive 2026 drilling campaign of 100,000m at Boundiali and 30,000m at Napié. With an unaudited cash balance of about $40.1 million to fund these programs and a clear work pipeline including updated mineral resource estimates and a pre-feasibility study due in early 2026, Aurum is positioning itself to rapidly de-risk Boundiali and potentially enhance its standing among emerging West African gold developers, offering a visible value-creation pathway for investors and other stakeholders.
The most recent analyst rating on (AU:AUE) stock is a Hold with a A$0.75 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources Limited has issued 2,133,106 fully paid ordinary shares as consideration for services rendered, as announced under section 708A(5)(e) of the Corporations Act 2001. This issuance allows for the secondary trading of these shares without disclosure, aligning with legal exemptions, and signifies a strategic move to compensate services while maintaining compliance with regulatory requirements.
The most recent analyst rating on (AU:AUE) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources Limited has announced the application for the quotation of 2,133,106 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to compensate for services rendered, potentially enhancing its operational flexibility and financial positioning within the industry.
The most recent analyst rating on (AU:AUE) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
Aurum Resources Limited has announced promising results from its ongoing drilling program at the Napié Gold Project in Côte d’Ivoire, revealing high-grade gold intercepts at the Tchaga deposit. The company is expanding its drilling efforts with two rigs at Napié and twelve at Boundiali, aiming to significantly grow its mineral resource base. With a strong cash position of $43 million, Aurum is well-positioned to continue its aggressive exploration and development strategy, with major resource updates and a pre-feasibility study for the Boundiali Project expected in early 2026.
The most recent analyst rating on (AU:AUE) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.