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AAM.AX — ASX Diversified Mining

Aumega Metals Ltd

A$0,04
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ROE
-2,1 %
Net margin
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0,00
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About

Aumega Metals Ltd is a diversified mining company engaged in the exploration, development, and production of various metals and minerals.

Business. Aumega Metals Ltd (AAM.AX) is a diversified mining company operating within the Basic Materials sector. The firm is primarily listed on the Australian Securities Exchange. Specific details regarding its operating segments and geographic presence are not available.

Classification92 %
SectorBasic Materials
Business sectorMineral Resources
IndustryDiversified Mining
Generated · model-assisted
Sell-side consensus
—consensus pending
— buy— hold— sell
Avg 12m price target—
Upcoming events
— missing data
See all catalysts →

At a glance

Score
—
not yet scored
Valuation
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valuation pending
Analysts
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not yet wired
Ownership
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not yet wired
Profitability→
-2,1 %
return on equity
Quality
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not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning AAM.

    • Sector rotation

    Sector1D1Mvs mkt
    Materials · THIS SECTOR+2,3 %+6,7 %+1,5 %
    Communication Services+2,2 %−5,5 %+1,5 %
    Energy+0,9 %+5,2 %+0,1 %
    Health Care+0,7 %−0,8 %−0,1 %
    Information Technology+0,2 %+8,0 %−0,5 %
    Consumer Discretionary+0,2 %+8,8 %−0,6 %
    Financials−0,3 %−2,8 %−1,0 %
    Consumer Staples−0,6 %+2,2 %−1,3 %
    Real Estate−0,7 %+10,9 %−1,5 %
    Industrials−1,1 %−0,3 %−1,9 %
    Utilities−1,9 %+28,2 %−2,6 %

    Developing storylines

    No tracked sagas currently linked to AAM.AX. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-07-26 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionFederal Reserve rate decision (press conf.)2026-07-29 · US
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Aumega Metals Ltd (AAM.AX) is a diversified mining company operating within the Basic Materials sector. The firm is primarily listed on the Australian Securities Exchange. Specific details regarding its operating segments and geographic presence are not available.

    Classification92 %
    SectorBasic Materials
    Business sectorMineral Resources
    IndustryDiversified Mining
    AI synthesis
    GENERATED

    Aumega Metals Ltd has a current ratio of 3.42, indicating a strong short-term liquidity position relative to its short-term obligations. However, the company reported negative operating cash flow of -885,380 CAD and free cash flow of -2,085,000 CAD, suggesting challenges in generating positive cash from operations. The company's capital expenditures amounted to -1,914,390 CAD, reflecting ongoing investment in its mining operations.

    The company's profitability metrics are concerning, with a return on equity of -2.13% and a return on assets of -1.75%, both significantly below industry norms for a diversified mining company. These negative returns indicate that the company is not effectively utilizing its equity and assets to generate profits, which is a red flag for investors.

    Aumega Metals Ltd's revenue concentration is not disclosed in the available data, but the company operates in a single business segment focused on diversified mining. This lack of diversification could expose the company to higher risks if market conditions for any of its metals or minerals deteriorate.

    The company's growth trajectory is uncertain, with no specific revenue growth projections provided in the available data. The negative operating income of -517,470 CAD and net income of -940,610 CAD indicate that the company is currently unprofitable. The company's liquidity risk is rated as medium, and its dilution risk is rated as low, suggesting that while the company has sufficient liquidity to meet its short-term obligations, there is a moderate risk of liquidity constraints in the near term.

    Recent events and filings do not provide specific details on the company's strategic initiatives or operational changes. However, the company's negative net income and operating cash flow suggest that it may be facing operational or market challenges that need to be addressed.

    Key takeaways
    • Aumega Metals Ltd has a strong current ratio but is generating negative cash flows from operations.
    • The company's return on equity and return on assets are negative, indicating poor profitability.
    • The company's revenue concentration and single business segment expose it to higher operational risks.
    • The company's liquidity risk is medium, and its dilution risk is low.
    • The company is currently unprofitable, with negative operating and net income.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Annual
    ANNUALFiled 2022-09-30
    FY 2022 · Full-year highlights

    Revenue C$792.3k, −59,3% YoY; Operating income +71,3% YoY.

    RevenueC$792.3k−59,3 % YoY
    Operating income-C$739.4k+71,3 % YoY
    Net income-C$1.7M+64,1 % YoY
    Free cash flow—
    EPS—
    Operating cash flow-C$1.2M+31,8 % YoY
    Financials
    Income statement
    RevenueC$792.3k
    Gross profit—
    Operating income-C$739.4k
    Net income-C$1.7M
    Margins
    Gross margin—
    Operating margin-93.3%
    Net margin-212.7%
    FCF margin—
    Balance sheet
    Total assetsC$47.9M
    Total liabilitiesC$6.8M
    Total equityC$41.0M
    Cash & equivalents—
    Long-term debtC$115.3k
    Cash flow
    Operating cash flow-C$1.2M
    CapEx-C$2.5M
    Free cash flow—
    SBC—
    P&L flow · revenue → net income
    Revenue C$792.3kOperating costs C$1.5MTax C$946.3kNet income C$1.7M
    Highlights
    • ▍Revenue C$792.3k, −59,3% YoY
    • ▍Operating income +71,3% YoY
    • ▍Net income +64,1% YoY
    • ▍Net margin -212.7%

    Valuation FY

    Market price
    A$0,04
    Market cap
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    Enterprise valueⓘ
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    P/Eⓘ
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    Non-GAAP P/Eⓘ
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    EV / Revenueⓘ
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    EV / Op incomeⓘ
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    EV / OCFⓘ
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    P / Bⓘ
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    P / Tangible bookⓘ
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    Tangible book
    A$44.2M
    Net cashⓘ
    -A$76.3k
    Current ratioⓘ
    3.4
    Debt / equityⓘ
    0.0
    ROAⓘ
    -1.8%
    ROEⓘ
    -2.1%
    Cash conversionⓘ
    94.0%
    CapEx / revenueⓘ
    —
    SBC / revenueⓘ
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    Dilution ratioⓘ
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    ROE-2,1 %Above median
    D/E0,00Above median
    Cash Conv0,94Above median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Return On Assets
      net_income / total_assets
    Source documents
    • Aumega Metals Ltd Market data — financials · 2026-05-27

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    AAM.AXCanonical
    ASX · AUD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    2022-09-30 07:18 UTCEARNINGSAnnual results — FY 2022 Revenue CAD 0.8M · Net CAD -1.7M
    2021-09-29 05:55 UTCEARNINGSAnnual results — FY 2021 Revenue CAD 1.9M · Net CAD -4.7M
    The entity's full life in the product — typed, chronological, joined across Newspaper, Platform and Data. Our memory, made visible.
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-07-26 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage