Aura Energy Limited NPV (DI) (AURA)

Sector:

Mining

Index:

FTSE AIM All-Share

 7.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 17.00
  • 52 Week Low: 7.25
  • Currency: UK Pounds
  • Shares Issued: 754.68m
  • Volume: 25,618
  • Market Cap: £56.60m
  • RiskGrade: 524

Aura Energy raises £600,000 on Australian Stock Exchange

By Maryam Cockar

Date: Friday 16 Sep 2016

LONDON (ShareCast) - (ShareCast News) - Uranium miner Aura Energy raised £607,050 (AU$1.065m) on the Australian Stock Exchange, adding to funds recently raised on AIM, in order to progress with two projects and provide working capital.
From the Australian placement, the company will issue about 53.45m fully paid ordinary shares, including 200,000 shares in equity raising costs, at 1.14p (AU$0.02) per share.

The company listed on AIM on Monday and raised £2.24m (AU$3.94m) before expenses, when it placed over 196.8m new ordinary shares at £0.0114p (AU$0.02) per share for a market capitalisation of £7.45m (AU$13.1m) on admission.

In total, the company has raised about £2.8m (AU$5m) from the AIM listing and the Australian placement and issued over 254.2m fully paid ordinary shares.

Executive chairman Peter Reeve, said "The completion of the AIM admission earlier this week and supplementing the funds raised on the AIM with the Australian placement has provided the company with the necessary funds to re-commence the feasibility study at the Tiris project in Mauritania, progress the Haggan project in Sweden as well as provide working capital."

The company has made and application to admit the Australian placement shares to AIM, which is expected on 23 September.

Following admission, the company will have a share capital of 711.3m shares with no shares held in treasury.

Shares in Aura Energy were down 3.75% on AIM to 1.73p at 0855 BST.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

AURA Market Data

Currency UK Pounds
Share Price 7.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 17.00
52 Week Low 7.25
Volume 25,618
Shares Issued 754.68m
Market Cap £56.60m
RiskGrade 524

AURA Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
33.68% below the market average33.68% below the market average33.68% below the market average33.68% below the market average33.68% below the market average
64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average64.71% below the sector average
Price Trend
67.02% below the market average67.02% below the market average67.02% below the market average67.02% below the market average67.02% below the market average
15.79% below the sector average15.79% below the sector average15.79% below the sector average15.79% below the sector average15.79% below the sector average
Income Not Available
Growth Not Available

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

AURA Dividends

No dividends found

Trades for 14-Jun-2024

Time Volume / Share Price
16:29 5,891 @ 7.74p
14:35 5,000 @ 8.00p
13:38 12,973 @ 7.39p
12:00 625 @ 8.00p
11:24 375 @ 8.00p

AURA Key Personnel

Chair Phil Mitchell
CEO Mark Somlyay

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