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General Information

Azumah Resources Limited
AZM
http://www.azumahresources.com.au
Gold
9
394

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$0.02 $0.03 $0.03 $0.02 $0.03 114593 $0.00 ( 4% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Company Overview

Business Description
Azumah Resources Limited (AZM) is an Australian gold exploration company focused on the exploration and development of the 100% owned Wa Gold Project in northwest Ghana, West Africa.
Strategy Analysis
Azumah Resources has the full focus on its Wa Gold Project in NSW Ghana, West Africa. The company believes that Ghana remains the preferred destination in West Africa for resource development, reinforced by the belief that the country is set to be coming the largest gold producer on the continent. Azumah reported negative cash flow of $5.18m for quarter ended 31 December 2011. Operating cash flow for the period was $(4.91m). Payments for exploration and evaluation were $(4.3m). Investing cash flow was $(273,000). Financing cash flow was nil. Cash in hand at the end of the quarter was $8.19m..

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014 A -3.4 -1.0 0.0% 0.0 0.0 0.0% 0.0%
2013 A -19.1 -5.7 0.0% 0.0 0.0 0.0% 0.0%
2012 A -23.9 -8.0 0.0% 0.0 0.0 0.0% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
Azumah (AZM) $10M 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Newcrest Mining (NCM) $10,808M -0.0429 0.0172 0.6409 25.0177 24.5945 14.9888 0.00% 0.00% 0.00%
Northern Star Resources (NST) $1,327M 0.2151 2.2157 0.5599 27.9302 8.6855 5.5680 1.56% 2.68% 4.53%
OceanaGold (OGC) $734M 0.0000 -0.4252 -0.1760 5.5138 9.5918 11.6402 2.02% 1.06% 1.06%
OZ Minerals (OZL) $1,308M 0.0000 0.4041 0.4275 31.4369 22.3896 15.6841 2.32% 0.62% 0.62%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 0.00 2.22 0.00
Market 0.91 16.80 1.31 2.35
Sector 0.60 13.70 0.69 1.26

Directors

Name Position Start Date
Mr Stephen Stone Managing Director, Chief Executive Officer 03/11/2006
Mr Michael William Atkins Non-Executive Chairman 20/10/2009
Mr Geoffrey Michael Jones Non-Executive Director 20/10/2009
Mr William R. (Bill) LeClair Non-Executive Director 14/05/2012

Management

Name Position
Dennis William Wilkins Company Secretary
Paul Amoako-Atta Mineral Licence Manager

Substantial Shareholders

Holding Name
50,000,000 (12.89%) Caitlyn Limited and Agnivesh Agarwal
50,000,000 (12.89%) Azumah Resources Ltd
32,041,127 (9.56%) JP Morgan Nominees Australia Limited
26,440,705 (7.89%) Macquarie Bank Limited
24,568,324 (7.33%) HSBC Custody Nominees (Australia) Limited
18,883,250 (5.63%) CDS and Co
17,549,530 (5.24%) Citicorp Nominees Pty Limited

Calendar of Events

Date Event
26 January 2016 Report (Quarterly)
23 October 2015 Report (Quarterly)
23 October 2015 Report (Annual)
25 September 2015 Report (Annual)
28 July 2015 Report (Quarterly)
29 April 2015 Report (Quarterly)
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