Aura Energy Limited NPV (DI) (AURA)

Sector:

Mining

Index:

FTSE AIM All-Share

7.13p
   
  • Change Today:
    -0.37p
  • 52 Week High: 17.00
  • 52 Week Low: 7.13
  • Currency: UK Pounds
  • Shares Issued: 754.68m
  • Volume: 19,727
  • Market Cap: £53.83m
  • RiskGrade: 524

Aura Energy secures more cash as it progresses work on several fronts

By Josh White

Date: Monday 18 Nov 2019

LONDON (ShareCast) - (Sharecast News) - Aura Energy has entered into a deed of variation with Lind Global Macro Fund to modify the convertible loan note agreement dated 30 April, it announced on Monday, in order to secure an advance of AUD 0.35m (£0.18m) pursuant to a convertible note with a face value of AUD 0.42m.
The AIM-traded firm said that, with it having implemented a "significant" cost cutting programme, the monies raised would provide it will working capital as it continued to advance corporate opportunities around its exploration and development assets.

It said the various initiatives which remained underway included discussions for investment into Aura's gold assets, and a continuation of the Export Credit Agency finance process for Tiris development funding.

The firm also said it was focussing on further optimisation of the Häggån Scoping Study before final release, as well as progression of the compensation claim from the Swedish Government for the Häggån Uranium Project.

"The company appreciates the continuing finance support shown by Lind and remains confident of progress on these various initiatives," the Aura Energy board said in its statement.

At 1029 GMT, shares in Aura Energy were up 4.58% at 0.34p.

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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 7.13p
Change Today -0.37p
% Change -4.89 %
52 Week High 17.00
52 Week Low 7.13
Volume 19,727
Shares Issued 754.68m
Market Cap £53.83m
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
14:35 5,000 @ 8.00p
13:38 12,973 @ 7.39p
12:00 625 @ 8.00p
11:24 375 @ 8.00p
09:42 625 @ 8.00p

AURA Key Personnel

Chair Phil Mitchell
CEO Mark Somlyay

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