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Added to YB: 2025-05-14

Pitch date: 2025-05-10

AAU.L [neutral]

Ariana Resources plc

+20%

current return

Author Info

The Oak Bloke shares analysis of the UK stock market, particularly overlooked small caps. Sign up for the newsletter.

Company Info

Ariana Resources plc engages in acquisition, exploration, and development of mineral resources in Turkey.

Market Cap

GBP 24.2M

Pitch Price

GBP 0.01

Price Target

N/A

Dividend

N/A

EV/EBITDA

97.55

P/E

43.71

EV/Sales

N/A

Sector

Metals and Mining

Category

value

Show full summary:
AAU-ling the gold in, Ore what?

AAU.L (overview): Gold miner at £24.3m cap w/ £13m rev, £5m profit (2024E). 2.07Moz resources across Turkey/Zimbabwe/Kosovo at $15.61/oz vs gold price $3300. Turkey ops producing 25k oz (2025E), 23.5% owned. Dokwe (Zimbabwe) crown jewel - 1.83Moz, 41% IRR, potential £125m valuation. Trading 23% below book. Risks: future funding needs, Zimbabwe political uncertainty.

Read full article (8 min)