Aminex plc (AEX) AI Stock Analysis

• Market Cap: £79.32M
• Dividend Yield: N/A
• Average Volume (3M): 10.23M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.38
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: UK
• Employees: 5
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Exploration & Production
• EPS (TTM): 0.00
• Shares Outstanding: 4,468,501,000
• 10 Day Avg. Volume: 20,541,583
• 30 Day Avg. Volume: 10,232,433
• PEG Ratio: -0.03
• Price to Book (P/B): 2.11
• Price to Sales (P/S): 1494.24
• P/FCF Ratio: -24.07
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 49 Neutral
• Price Target: 2.00p ▲(8.70% Upside)

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.

Aminex plc Business Overview & Revenue Model

Company Description

Aminex PLC, together with its subsidiaries, engages in the exploration, appraisal, development, and production of oil and gas assets, reserves, and resources. The company operates through Producing Oil and Gas Properties, Exploration Activities, and Oilfield Services segments. Its properties include the Ruvuma PSA, Kiliwani South, and Nyuni Area PSA exploration licenses located primarily in Tanzania. Aminex PLC was incorporated in 1979 and is based in Dublin, Ireland.

How the Company Makes Money

Aminex plc Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	35.00K	39.00K	112.00K	64.00K	143.00K	384.00K
Gross Profit	-5.00K	-12.00K	30.00K	-220.00K	-149.00K	-419.00K
EBITDA	-4.99M	-5.14M	-957.00K	-3.16M	-8.27M	-3.46M
Net Income	-5.45M	-5.30M	-1.12M	-4.06M	-8.56M	-6.14M
Balance Sheet
Total Assets	41.35M	41.54M	42.62M	45.18M	44.21M	52.99M
Cash, Cash Equivalents and Short-Term Investments	952.00K	1.13M	3.04M	5.80M	4.68M	449.00K
Total Debt	0.00	376.00K	0.00	0.00	450.00K	223.00K
Total Liabilities	15.15M	13.92M	10.01M	11.80M	11.46M	11.63M
Stockholders Equity	26.21M	27.62M	32.61M	33.38M	32.75M	41.36M
Cash Flow
Free Cash Flow	-1.93M	-2.42M	-2.92M	-2.37M	3.98M	-4.03M
Operating Cash Flow	-1.71M	-2.16M	-2.65M	-1.89M	4.89M	-2.66M
Investing Cash Flow	-228.00K	-259.00K	-264.00K	-482.00K	-904.00K	630.00K
Financing Cash Flow	1.13M	452.00K	0.00	3.73M	238.00K	1.82M

Aminex plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AET	76 Outperform	£93.40M	3.37	42.05%	―	50.35%	48.07%
CASP	72 Outperform	£60.09M	6.38	5.26%	―	-58.10%	100.00%
PHAR	66 Neutral	£86.22M	21.11	1.91%	6.46%	-9.43%	―
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
TLW	53 Neutral	£95.73M	-0.61	―	―	-32.47%	-1490.91%
AEX	49 Neutral	£79.32M	-17.75	-19.12%	―	―	―

Aminex plc Corporate Events

Aminex Announces Progress on Ntorya Gas Development in Tanzania

Aminex has announced significant progress in its Ntorya gas development project in Tanzania, with key milestones like the pipeline delivery, well pad construction, and advanced service contract negotiations. The Ntorya development is poised to supply Tanzania’s growing domestic gas market, marking a notable step forward for both Aminex’s operations and the country’s energy security and economic growth.

Aminex Updates Share Capital and Voting Rights

Aminex plc has announced that as of 31 October 2025, its issued share capital consists of 4,468,501,044 ordinary shares, each with voting rights. This update is in accordance with the FCA’s Disclosure Guidance and Transparency Rules, providing shareholders with the necessary information for calculating their interests in the company.

Aminex Secures Funding for Ntorya Gas Field Development

Aminex plc has raised approximately $3.94 million through a strategic placing to fund its operations until it begins receiving revenue from the Ntorya gas field, expected in September 2026. This move, alongside the conversion of existing debt into equity, leaves the company debt-free and positions it to capitalize on the Ntorya development, which is anticipated to have a substantial impact on Tanzania’s energy landscape by providing a reliable gas supply and reducing reliance on polluting fuels.