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Avesoro Resources Inc.

Current Price 94.00p Bid 94.00p Ask 95.00p Change 0.00%
Last Updated: 23/09/2019 03:30. Prices delayed by at least 15 minutes.
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Company Overview

Avesoro Resources Inc (formerly Aureus Mining Inc) is a West Africa focused gold producer and development company that operates two gold mines across West Africa and is listed on the Toronto Stock Exchange and the AIM market. The Company's assets include the New Liberty Gold Mine in Liberia and the Youga Gold Mine in Burkina Faso.

Financial Highlights Year Ended 31/12/2018

Turnover
£282.80m
Operating Profit
£-1.43m
Dividend Yield
0.00
Dividend Per Share
0.00
Dividend Cover
0.00
P/E Ratio
-2.53

Key Personnel

Serhan Umurhan
Chief Executive Officer
Geoffrey Peter Eyre
Chief Financial Officer
Mehmet Nazif Gunal
Non-Executive Chairman
Loudon Frank McLean Owen
Non-Executive Director
David George Netherway
Non-Executive Director
Jean-Guy Martin
Non-Executive Director

Stock Details

EPIC
ASO
ISIN
CA05366A3029
Shares in Issue
81,575,260
Market cap
£76.27m
Sector

Analyst Views (3)

Strong Buy
 
0.00%
Buy
 
0.00%
Hold
 
100.00%
Sell
 
0.00%
Strong Sell
 
0.00%
The above information represents a selection of the views published in the last 120 days by analysts. It is subject to change without notice and doesn't reflect view held by Redmayne Bentley and is not advice.

Price Summary

Mid Price
94.50p
Bid Price
94.00p
Ask Price
95.00p
Volume
0
Change Today
0.00p
% Change Today
0.00%
Open
93.02p
Previous Close
94.50p
Intraday High
0.00p
Intraday Low
0.00p
52 Week High
195.50p
52 Week Low
28.50p
52 week high and low figures quoted above are calculated from intraday price data.

Intra-Day Chart

Avesoro Resources Inc. Intra-day Chart

Avesoro Resources Inc. News

News in this section is provided by AJ Bell

Avesoro Resources receives takeover offer from main shareholder; warns on gold output guidance 20 Aug 2019 | 08:35 Avesoro Resources suspends activities at Burkina Faso mine after security breach 09 Aug 2019 | 14:16 Avesoro Resources swings to loss in Q2; raises concern over production target after disruption 08 Aug 2019 | 09:22 Avesoro Resources signs mining contract with Orkun for Youga gold project 15 Jul 2019 | 14:59 Avesoro Resources reiterates guidance despite disruptions denting Q2 output 10 Jul 2019 | 09:24 Avesoro Resources files Youga gold mine update 21 Jun 2019 | 08:42 Broker Forecast - Berenberg issues a broker note on Avesoro Resources Inc. 18 Jun 2019 | 09:00 Avesoro Resources resumes operations at Youga gold mine 17 Jun 2019 | 09:54 Avesoro Resources says talks ongoing to resolve gold mine disputes at Youga mine 12 Jun 2019 | 08:53 Avesoro Resources trims guidance as disruptions hurt mining activities 10 Jun 2019 | 09:40 Broker Forecast - finnCap issues a broker note on Avesoro Resources Inc. 15 May 2019 | 08:40 Avesoro Resources ups mineral resource estimate at Youga gold mine 08 May 2019 | 14:54 Broker Forecast - finnCap issues a broker note on Avesoro Resources Inc. 08 May 2019 | 08:50 Avesoro Resources maintains FY production guidance despite lower output in Q1 11 Apr 2019 | 08:30 Avesoro Resources earnings fall in third quarter; affirms output guidance 13 Nov 2018 | 14:29 Avesoro Resources hails encouraging drill results in Africa 10 Oct 2018 | 13:57 Broker Forecast - Berenberg issues a broker note on Avesoro Resources Inc. 09 Oct 2018 | 09:40 Avesoro Resources maintains FY production despite lower output in Q3 09 Oct 2018 | 09:07

Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Tangible Assets
225.0
249.6
Intangible Assets & Goodwill
6.5
0.0
Investments & Other Non-Current Assets
3.8
5.8
Total Non-Current Assets
235.2
255.3
Inventory
45.9
36.9
Trade & Receivables
23.8
25.3
Cash & Receivables
3.5
17.8
Other Current Assets & Assets Held for Resale
1.7
1.7
Total Assets
310.1
337.0

Liabilities (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Short Term Liabilities
92.2
91.9
Long Term Liabilities
119.3
114.9
Other Liabilities / Pension etc
0.0
0.0
Total Liabilities
211.5
206.8

Net Assets (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Net Assets
98.6
130.3

Equity (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Share Capital
353.7
353.7
Minority Interests
3.6
3.7
Retained Earnings
-289.6
-260.2
Share Premium Account
0.0
0.0
Other Equity
30.9
33.1
Total Equity
98.6
130.3

Cashflow (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Cashflow from Operating Activities
73.2
11.0
Cashflow Before Financing
28.4
-24.0
Increase / Decrease in Cash
-14.3
4.4

Income (£m)

Data has been provided by AJ Bell

Reporting Date
31 Dec 2018
31 Dec 2017
Turnover
282.8
97.8
Cost of Sales
259.8
105.7
Gross Profit
23.0
-8.0
Operating Profit
-1.4
-15.5
Pre-Tax Profit
-16.4
-27.3
Profit / Loss for the Year
-26.9
-27.4
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
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