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IN BRIEF: Aura Energy jumps as company ups net assets in first half

25th Mar 2022 13:45

Aura Energy Ltd - Australia-based minerals company with polymetallic and uranium projects in Europe and Africa - Narrows pretax loss in the first half of its financial year ending December 31. Loss narrows to AUD624,048, around USD469,031, from a loss of AUD1.7 million the previous year.

Company increases its net assets 13% at December 31 to AUD24.8 million from AUD22.0 million at June 30. Says first half was focused on the recapitalisation of the group and restructure of the board of directors & management to support the development phase for the 85% owned Tiris Uranium Project.

Current stock price: 17.26 pence, up 11%

12-month change: up 451%

By Heather Rydings; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


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