Aminex PLC (GB:AEX)
LSE:AEX
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Aminex plc
(LSE:AEX)
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Rating:49Neutral
Price Target:
2.00 p
▲(8.70% Upside)
Action:N/ADate:01/04/26
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.
Positive Factors
Low-leverage balance sheet
Very low debt gives Aminex durable financial flexibility: it can fund operations, engage in JV negotiations or pursue asset monetization without immediate refinancing pressure. This reduces short-term solvency risk and lengthens the runway while the company seeks to stabilise operations.
Negative Factors
Declining revenue and deep losses
Sharp revenue declines and persistent large losses undermine the firm's ability to self-fund development and sustain operations. Continued negative margins limit reinvestment, strain stakeholder confidence, and make long-term project execution dependent on external financing or asset sales.
Read all positive and negative factors
Positive Factors
Negative Factors
Low-leverage balance sheet
Very low debt gives Aminex durable financial flexibility: it can fund operations, engage in JV negotiations or pursue asset monetization without immediate refinancing pressure. This reduces short-term solvency risk and lengthens the runway while the company seeks to stabilise operations.
Read all positive factors
Aminex plc (AEX) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£100.58M
Dividend YieldN/A
Average Volume (3M)10.23M
Price to Earnings (P/E)―
Beta (1Y)0.37
Revenue GrowthN/A
EPS GrowthN/A
CountryUK
Employees5
SectorEnergy
Sector Strength52
IndustryOil & Gas Exploration & Production
Share Statistics
EPS (TTM)0.00
Shares Outstanding4,470,001,000
10 Day Avg. Volume20,541,583
30 Day Avg. Volume10,232,433
Financial Highlights & Ratios
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 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
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, a...
How the Company Makes Money
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Aminex plc Financial Statement Overview
Summary
Income Statement
14
Very Negative
Balance Sheet
68
Positive
Cash Flow
26
Negative
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Jun 2021 |
|---|---|---|---|---|---|---|
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
UnderperformOutperform
Sector (65)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
76 Outperform | £179.57M | 4.32 | 42.05% | ― | 50.35% | 48.07% | |
73 Outperform | £115.51M | -17.40 | 1.89% | 6.46% | -9.43% | ― | |
72 Outperform | £49.48M | -8.77 | 12.09% | ― | -58.10% | 100.00% | |
65 Neutral | $15.17B | 7.61 | 4.09% | 5.20% | 3.87% | -62.32% | |
56 Neutral | £181.13M | -1.99 | 57.02% | ― | -32.47% | -1490.91% | |
49 Neutral | £100.58M | -11.57 | -20.24% | ― | ― | ― |
* Energy Sector Average
GB:AEX
Aminex plc
2.25
0.98
76.47%
GB:BOR
Borders & Southern Petroleum
9.35
4.29
84.78%
GB:CASP
Caspian Sunrise
2.10
-0.80
-27.59%
GB:AET
Afentra
79.40
36.60
85.51%
GB:TLW
Tullow Oil
12.28
-3.70
-23.15%
GB:PHAR
Pharos Energy
28.00
7.81
38.71%
Aminex plc Corporate Events
Business Operations and StrategyRegulatory Filings and Compliance
Aminex Discloses Intragroup Transfer of Major Stake Linked to Director
Neutral
Mar 12, 2026
Aminex plc disclosed that Eclipse Investments LLC, a company closely associated with non-executive director Sultan Al-Ghaithi, has transferred its entire holding of 1,225,598,100 Aminex ordinary shares to another associated entity, ARA Offshore In...
Private Placements and FinancingRegulatory Filings and Compliance
Aminex Issues New Shares After Option Exercise, Updates Voting Rights
Neutral
Feb 27, 2026
Aminex plc has issued 1.5 million new ordinary shares following the exercise of options by a former employee under its share option scheme, raising £21,000 for general working capital. The move slightly enlarges the company’s share capi...
Business Operations and Strategy
Aminex Advances Ntorya Gas Development as Civil Works and Procurement Gather Pace
Positive
Feb 3, 2026
Aminex has reported that civil works for the Ntorya gas development in Tanzania started on schedule at the end of January 2026, with engineering and surveying contracts for the hook-up of the Ntorya-2 well already awarded and work underway. The op...
Business Operations and Strategy
Aminex Receives Pipe for Ntorya–Madimba Gas Pipeline as Tanzanian Project Advances
Positive
Jan 23, 2026
Aminex plc has announced the arrival at Mtwara port, Tanzania, of pipe imported from China for the construction of the Ntorya-to-Madimba gas pipeline, with groundwork and pipelaying scheduled to begin in February 2026. The ahead-of-schedule delive...
Business Operations and StrategyProduct-Related Announcements
Aminex Announces Progress on Ntorya Gas Development in Tanzania
Positive
Dec 18, 2025
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 sup...
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.