Capital Management 'a Live Option' for Aurelia Metals

Dow Jones
Jul 21

Capital Management is shaping up as an option for Aurelia Metals, says Jefferies. Aurelia Metals had A$143.9 million in cash at the end of June. That was up A$49.2 million on 3Q and beat consensus hopes by 14%. Analyst Daniel Roden notes Aurelia Metals's liquidity stands at A$183.9 million, and the company hasn't drawn on its A$40 million revolving credit facility. "The new facility carries no cash-backing requirement, materially lower financing costs, and opens forward capital management as a live option," Jefferies says. It retains a buy call and A$0.40/share price target on Aurelia Metals, which ended Monday at A$0.29. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

July 20, 2026 19:03 ET (23:03 GMT)

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