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Amigo Holdings PLC
(LSE:AMGO)
Amigo Holdings PLC (AMGO) vs. iShares MSCI United Kingdom ETF (EWC)
Amigo Holdings PLC Business Overview & Revenue Model
Amigo Holdings PLC Financial Statement Overview
| Breakdown | Mar 2024 | Mar 2024 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 100.00K | 10.00M | 20.80M | 89.60M | 170.90M |
| Gross Profit | 100.00K | -500.00K | 1.40M | 62.30M | 130.10M |
| EBITDA | -2.40M | -19.60M | -37.40M | 207.30M | -213.00M |
| Net Income | -200.00K | -12.60M | -34.80M | 169.60M | -289.10M |
Balance Sheet | |||||
| Total Assets | 39.20M | 178.20M | 219.10M | 285.00M | 538.60M |
| Cash, Cash Equivalents and Short-Term Investments | 4.70M | 90.40M | 62.40M | 133.60M | 177.90M |
| Total Debt | 0.00 | 0.00 | 100.00K | 50.60M | 297.70M |
| Total Liabilities | 39.20M | 178.20M | 206.50M | 237.10M | 660.00M |
| Stockholders Equity | 0.00 | 0.00 | 12.60M | 47.90M | -121.40M |
Cash Flow | |||||
| Free Cash Flow | -136.30M | 5.40M | 78.80M | 205.50M | 287.20M |
| Operating Cash Flow | -136.30M | 5.40M | 78.80M | 205.50M | 287.70M |
| Investing Cash Flow | 0.00 | 0.00 | 0.00 | 300.00K | -500.00K |
| Financing Cash Flow | 200.00K | -100.00K | -50.30M | -248.80M | -167.40M |
Amigo Holdings PLC Technical Analysis
Amigo Holdings PLC Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | £225.40M | 5.11 | 8.33% | 5.33% | -11.17% | 6.04% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | £559.18M | 9.42 | 10.35% | 4.39% | -7.52% | 50.23% | |
61 Neutral | £194.50M | 2.44 | -965.56% | 4.74% | ― | ― | |
53 Neutral | £277.48M | 24.71 | 1.89% | ― | -3.77% | -147.20% | |
48 Neutral | £30.62M | -9.86 | -450.00% | ― | -97.14% | 98.49% |
Amigo Holdings PLC Corporate Events
Amigo Resources PLC has approved a bespoke long-term incentive scheme for Executive Chair Craig Ransley as it advances its strategic pivot from consumer lending to gold and rare-earth mining in Africa. The plan grants Ransley 2.5% of gross revenue from all mining assets initiated, developed, acquired or financed during his tenure, payable monthly over 20 years from April 2026 and guaranteed by the company.
In exchange, Ransley has agreed to freeze all other salary and bonus entitlements until July 2028, making his variable pay entirely dependent on successful mineral extraction and sales. The board deems the arrangement exempt from shareholder approval under UK Listing Rule 9.3.2R(2), citing the company’s rescue from near-insolvency, its strategic transformation, and the geopolitical risks of its African operations, and will provide further details in its next annual report while continuing to update investors on portfolio development.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Resources PLC has appointed investment banker Qammar “Qam” Jaffri as an independent non-executive director, expanding its board to three independent non-executives and two executive directors. Jaffri brings around 15 years of global banking experience across major financial centres and currently leads institutional financial markets coverage for Standard Chartered in Africa and the Middle East.
The company’s executive chair said Jaffri’s expertise and network, particularly in the Middle East and Africa, will support Amigo’s strategic priorities and governance framework as it pursues mining opportunities. The board has confirmed his independence under the UK Corporate Governance Code, signalling an effort to strengthen oversight and deepen links with institutional investors relevant to its African-focused mining portfolio.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £2.50 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Resources PLC has formally changed its name from Amigo Holdings PLC, with the new identity reflecting a strategic focus on gold and rare earth mining projects in Africa, particularly in Tanzania and Mauritania. The company’s shares began trading under the new name on the London Stock Exchange while retaining the existing ticker, SEDOL and ISIN, and the move leaves shareholders’ rights and existing share certificates unchanged, signalling a reorientation of the group’s market positioning without altering its capital structure.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC shareholders have overwhelmingly approved all resolutions at the 2026 annual general meeting, including the rebranding of the company as Amigo Resources PLC and the election of new board members, consolidating a leadership reshuffle. Investors also backed changes to increase permitted group borrowing, adopt a long-term incentive plan, authorise share issuance, buybacks and shorter-notice general meetings, giving the board expanded financial and capital-management flexibility that could reshape the company’s strategic options and future transactions.
The AGM endorsed the appointment of MHA as auditor and approved the directors’ remuneration report and policy with near-unanimous support, signalling broad shareholder confidence in the new governance framework. Authorities to disapply pre-emption rights and make political donations were also passed, suggesting investors are prepared to grant management wide discretion as Amigo Resources PLC repositions itself in the market following its name change.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC has scheduled its Annual General Meeting for 2 March 2026 at the Bournemouth Highcliff Marriott Hotel, with proceedings set to begin at 13:00 GMT. To facilitate wider shareholder participation, the company will also provide a live webcast of the AGM via Zoom, underscoring an ongoing emphasis on accessibility and transparency in its corporate governance practices.
The announcement confirms that Chief Executive Nick Beal is responsible for the disclosure, reinforcing senior management accountability for investor communications. By combining an in-person meeting with a virtual access option, Amigo aims to engage a broader base of stakeholders, which may be particularly relevant for investors monitoring the company’s strategic direction and oversight.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC’s executive chair, Craig Ransley, has outlined a decisive strategic pivot toward mining exploration, with capital being redirected from administrative overheads to on-the-ground projects. The company is building a digital-first mining model using hyperspectral satellite imaging, micro-seismic mapping, AI and automation, including a collaboration with Magnus Labs to develop humanoid miners.
Ransley is overseeing development of the Mojimoto Gold Project and will miss the upcoming AGM to remain at the project’s regional hub, arguing this hands-on role is critical to securing new assets and value for shareholders. The AGM, which will be chaired by non-executive director and former chair Jonathan Roe, will largely address legacy wind-down period accounts, while the current board focuses on executing the new exploration-led growth strategy.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £2.00 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC has entered a strategic collaboration through its Dubai-based subsidiary, Amigo Capital FZE, with Magnus Labs Inc, a U.S.-based robotics workforce intelligence and deployment specialist. The partnership is aimed at designing and implementing robotics infrastructure across Amigo’s mining-related operations, with a focus on safety, reliability, and environmentally responsible practices.
The initial engagement, valued in the six-figure US dollar range, will define deployment priorities, technical requirements, and execution pathways for physical AI and robotics in mining. If successful, the program could scale into much larger, multi-phase deployments and potentially extend into the wider global mining market, highlighting Amigo’s intent to leverage automation to enhance safety, reduce high-risk manual work, and improve operational standards.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £2.00 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC has provided an update on its Mojimoto Gold Project in Tanzania’s Mara Region, where it is advancing early-stage exploration across licences in the Lake Victoria Gold Belt. Working with technical partner AK Corporation, the group has completed regional structural analysis, surface reconnaissance, target ranking and micro-seismic subsurface imaging, and is deploying AI-assisted satellite mapping and integrated geospatial modelling to de-risk future drilling.
The company has also overhauled its corporate structure for Tanzanian mining interests, creating Amigo Capital FZE in Dubai, Kivuli Holdings in Ras Al Khaimah and Afri Core Resources in Tanzania to hold and manage local exploration licences. Amigo plans to move toward integrated structural modelling, targeted trenching and refining drill-ready targets, while stressing that Mojimoto remains at an early exploration stage with no defined mineral resources or reserves and that recent work and restructuring have been funded from internal resources, signalling a cautious but committed push into gold exploration.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £2.00 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC has announced the immediate resignation of non-executive director Jim McColl, who also steps down as co-chair of the Nomination and Remuneration Committee. His departure follows a two-year period in which he helped stabilise the company, attract new equity, and support its shift away from legacy lending.
Executive chairman Craig Ransley credited McColl with playing a key role in preserving Amigo’s solvency during a challenging phase and in assessing reverse takeover options as the old business was wound down. With the transition complete and a new strategic focus on Tanzanian mining projects in place, the board will continue to review its composition to ensure compliance with UK corporate governance standards and maintain an appropriate balance of skills and independence.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £2.00 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC has announced that its 2026 Annual General Meeting will take place on 2 March 2026 at the Bournemouth Highcliff Marriott Hotel, with shareholders also able to follow proceedings via a webcast. The company will distribute the AGM notice and voting instructions to shareholders, and the documentation will be available on both its investor website and the National Storage Mechanism, underscoring its ongoing regulatory compliance and engagement with investors as it manages its listed-company obligations.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £2.00 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC has completed the conversion of £1.125 million of its loan notes (Tranche 1) into 375 million new ordinary shares of 0.25p each, which were admitted today to the Official List and to trading on the main market of the London Stock Exchange. The new shares rank pari passu with existing ordinary shares, bringing the company’s total voting share capital to 1,065,088,160, a change that alters the equity base and provides a new denominator for shareholders assessing disclosure thresholds under the FCA’s transparency rules.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £2.00 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC has disclosed that CEO Nicholas Beal has increased his equity stake in the company following the conversion of a tranche of mandatory convertible loan notes into ordinary shares. Tranche 1 of the loan notes has converted into 2,750,003 ordinary shares, taking Beal’s holding to 8,165,313 shares, with an additional 916,666 shares expected to vest upon conversion of Tranche 2, signalling a strengthened alignment between the chief executive’s interests and those of shareholders.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £2.00 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC has updated the timetable for the conversion of Tranche 1 of its mandatory convertible loan notes into 375 million new ordinary shares, shifting the expected issuance and admission date from 20 January 2026 to on or about 27 January 2026. The new shares are expected to start trading on the London Stock Exchange’s main market on or around that date, a step that will significantly increase the company’s issued share capital and may have material implications for existing shareholders and the company’s capital structure.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £0.80 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC has provided a corporate update on its strategic pivot toward gold and rare earth mining in Africa, confirming early-stage exploration activity in Tanzania’s Mara Region within the Lake Victoria goldfields district. Working with Dubai-based technical partner AK Corporation, the company is deploying advanced satellite-based hyperspectral imaging, soil and rock geochemical testing, and passive micro-seismic surveys to map subsurface structures and identify potential gold-bearing zones before committing capital to specific projects. The approach is designed to reduce exploration risk and cost by generating detailed 2D and 3D structural models and focusing any future trenching and drilling on drill-ready targets. Amigo emphasized that no specific investments have yet been identified or agreed and said it will update investors as the exploration programme progresses, underlining the early and exploratory nature of its new mining-focused strategy.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £0.80 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC has disclosed that its chief executive, Nicholas Beal, has acquired mandatory convertible loan notes from an original subscriber, giving him the right to receive 3,666,669 new ordinary shares for a total consideration of £18,333.35, implying a price of around 0.50p per share. The purchase aligns the CEO more closely with shareholders as the company proceeds with its previously announced plan to raise up to £1.5m through mandatory convertible loan notes, which are being converted in two tranches into a total of 500 million new ordinary shares, potentially leading to significant equity dilution while bolstering Amigo’s capital structure and paving the way for future corporate actions such as a possible reverse takeover.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £0.81 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC has initiated the conversion of the first tranche of its mandatory convertible loan notes into 375 million new ordinary shares at a price of 0.3p per share, with these shares ranking pari passu with existing stock and eligible for all future dividends and distributions. Following admission of the new shares to trading on the London Stock Exchange’s main market, expected on 20 January 2026, Amigo’s issued share capital will rise to 1,065,088,160 ordinary shares, with a further 125 million shares still to be issued upon conversion of the remaining loan notes by January 2027 or earlier, signalling a significant expansion of the company’s equity base and potential dilution for existing shareholders as it progresses its capital restructuring plans.
The most recent analyst rating on (GB:AMGO) stock is a Hold with a £0.81 price target. To see the full list of analyst forecasts on Amigo Holdings PLC stock, see the GB:AMGO Stock Forecast page.
Amigo Holdings PLC has completed the admission to trading of 62.7 million new ordinary shares issued under its oversubscribed WRAP Retail Offer, which was taken up 4.7 times at an issue price of 0.3p per share. The new shares, which rank pari passu with existing stock, increase the company’s total voting share capital to 690,088,160 ordinary shares, a change that will affect shareholders’ disclosure thresholds and could broaden the investor base while modestly strengthening the company’s equity position.