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Aruma Resources Limited
(Sydney:AAJ)
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Rating:44Neutral
Price Target:
AU$0.01
▲(0.00% Upside)
Action:Reiterated
Date:09/26/26
The score is primarily constrained by weak financial performance: volatile/declining revenue, very large losses, and persistent negative operating and free cash flow despite a low-debt balance sheet. Limited technical and valuation inputs (missing indicators, negative P/E, no dividend yield) provide little support to offset the elevated fundamental risk.
Positive Factors
Low financial leverage
Minimal debt gives Aruma greater financial flexibility than a highly leveraged explorer and limits interest obligations. This reduces solvency pressure while the company advances projects, although it does not eliminate the need to fund ongoing exploration and operating losses.
Negative Factors
Volatile revenue base
Irregular and sharply declining revenue makes the business difficult to scale predictably and leaves financial performance dependent on intermittent project outcomes. The absence of a stable revenue base limits visibility into funding capacity and increases sensitivity to exploration or asset-monetization timing.
Read all positive and negative factors
Positive Factors
Negative Factors
Low financial leverage
Minimal debt gives Aruma greater financial flexibility than a highly leveraged explorer and limits interest obligations. This reduces solvency pressure while the company advances projects, although it does not eliminate the need to fund ongoing exploration and operating losses.
Read all positive factors
Aruma Resources Limited (AAJ) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$5.86M
Dividend YieldN/A
Average Volume (3M)5.98M
Price to Earnings (P/E)―
Beta (1Y)1.40
Revenue GrowthN/A
EPS Growth42.86%
CountryAU
Employees2
SectorBasic Materials
Sector Strength58
IndustryGold
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding837,633,500
10 Day Avg. Volume9,758,712
30 Day Avg. Volume5,984,052
Financial Highlights & Ratios
PEG Ratio0.04
Price to Book (P/B)1.65
Price to Sales (P/S)46.45
P/FCF Ratio-1.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Aruma Resources Limited Business Overview & Revenue Model
Company Description
Aruma Resources Limited, an Australian company established in 2010 and headquartered in West Perth, specializes in mineral exploration throughout the country. Its primary focus is on identifying deposits of both gold and lithium. The company posse...
How the Company Makes Money
Aruma Resources Limited is an exploration-stage company, and public, company-specific details on recurring operating revenues are not available here; as a result, a definitive breakdown of ongoing revenue streams: null. In general, companies of th...
Aruma Resources Limited Financial Statement Overview
Summary
Income Statement
12
Very Negative
Balance Sheet
63
Positive
Cash Flow
18
Very Negative
| Breakdown | Jun 2026 | Jun 2025 | Jun 2024 | Jun 2023 | Jun 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 100.00K | 425.07K | 0.00 | 0.00 | 0.00 |
| Gross Profit | 90.77K | 425.07K | -35.34K | -30.57K | -9.26K |
| EBITDA | -3.18M | -2.13M | -1.20M | -3.85M | -3.69M |
| Net Income | -2.71M | -2.10M | -1.13M | -3.05M | -3.24M |
Balance Sheet | |||||
| Total Assets | 4.58M | 2.09M | 2.41M | 3.49M | 4.85M |
| Cash, Cash Equivalents and Short-Term Investments | 860.75K | 961.31K | 2.30M | 3.26M | 4.75M |
| Total Debt | 0.00 | 0.00 | 5.88K | 27.69K | 0.00 |
| Total Liabilities | 1.76M | 128.20K | 157.34K | 203.33K | 595.13K |
| Stockholders Equity | 2.81M | 1.96M | 2.25M | 3.29M | 4.26M |
Cash Flow | |||||
| Free Cash Flow | -2.73M | -2.10M | -992.15K | -3.55M | -2.33M |
| Operating Cash Flow | -2.73M | -2.09M | -983.66K | -3.52M | -2.31M |
| Investing Cash Flow | -697.06K | -2.36K | -8.50K | -100.14K | -19.71K |
| Financing Cash Flow | 3.36M | 813.86K | -18.98K | 2.08M | 4.34M |
Aruma Resources Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
51 Neutral | AU$4.88M | 0.60 | 44.41% | ― | ― | ― | |
45 Neutral | AU$8.32M | -2.12 | -40.74% | ― | ― | -190.91% | |
45 Neutral | AU$8.81M | -3.27 | -18.74% | ― | ― | 61.74% | |
44 Neutral | AU$4.76M | -1.62 | -12.31% | ― | -100.00% | -3800.00% | |
44 Neutral | AU$5.86M | -1.13 | -114.26% | ― | ― | 42.86% | |
42 Neutral | AU$6.65M | -2.19 | -23.50% | ― | ― | 21.51% |
* Basic Materials Sector Average
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Aruma Resources Limited Corporate Events
Aruma Resources Details ASX Governance Compliance for 2026
Sep 25, 2026
Aruma Resources Limited has detailed its compliance with ASX Corporate Governance Principles for the year to 30 June 2026, highlighting a board-driven framework that separates strategic oversight from day-to-day management. The company emphasises ...
Aruma Resources Releases Comprehensive 2026 Annual Report
Sep 25, 2026
Aruma Resources Limited has released its Annual Report for the year ended 30 June 2026, outlining corporate information, a chairman’s letter, and a review of operations. The document also details directors’ and auditor reports, full co...
Aruma Resources Highlights Progress at Tillex Copper Project in Timmins District
Sep 24, 2026
Aruma Resources Limited is advancing its flagship Tillex Copper Project, a high-grade copper sulphide asset located in Canada’s Timmins Minerals District. The company emphasises professional geological oversight and compliance with recognise...
Aruma expands Tillex copper-silver footprint in Canada’s Abitibi Belt
Sep 23, 2026
Aruma Resources has expanded its Tillex Copper-Silver Project in Ontario with the acquisition of 32 contiguous mineral claims covering about 9.8 square kilometres adjacent to its existing tenure. The deal increases the project area to approximatel...
Aruma to Brief Investors as Tillex Drilling Extends High-Grade Copper Zone
Sep 18, 2026
Aruma Resources will host an investor webinar on 24 September 2026 to brief shareholders on progress at its Phase-2 diamond drilling program at the Tillex Copper-Silver Project in Ontario’s Timmins mining district. Managing director Grant Fe...
Aruma Extends High-Grade Copper-Silver Corridor at Tillex Project in Ontario
Sep 16, 2026
Aruma Resources has reported exceptional initial assay results from its Phase-2 diamond drilling at the Tillex Copper-Silver Project in Ontario, confirming a major expansion of the high-grade mineralised corridor. The latest drilling has defined l...
Aruma Advances Phase 2 Drilling at Tillex Copper-Silver Project in Canada
Sep 7, 2026
Aruma Resources has reported strong progress on its Phase 2 diamond drilling program at the Tillex Copper-Silver Project in Ontario’s Timmins mining district, completing six holes for 1,046 metres out of a planned 3,600 metres. The company h...
Aruma Resources Sets October General Meeting, Streamlines Proxy and Digital Voting
Sep 2, 2026
Aruma Resources Limited has called a General Meeting of shareholders to be held on 2 October 2026 in Perth, Western Australia. The company will provide the Notice of Meeting electronically via its website and the ASX platform, with physical copies...
Aruma Resources Seeks Shareholder Approval for Major Equity Placements
Sep 2, 2026
Aruma Resources Limited is an Australian-listed exploration company focused on developing mineral projects, operating within the resources and mining sector. The company’s activities are centred on acquiring, exploring and advancing mining i...
Aruma Resources Increases Size of Planned Share Issue Ahead of Shareholder Meeting
Sep 1, 2026
Aruma Resources Limited has updated its proposed securities issuance, notifying the Australian Securities Exchange of changes to a previously announced placement. The company has confirmed the actual date of its shareholder meeting and disclosed a...
Aruma Secures Native Title Agreement and Targets 40km HMS Anomaly at Wilan
Aug 25, 2026
Aruma Resources has executed a Native Title Mining Agreement with the Arabana Aboriginal Corporation for the Wilan heavy mineral sands-uranium project in South Australia. The deal sets the framework for exploration while protecting cultural herita...
Aruma Resources Expands Capital Base with 92 Million-Share Placement
Aug 20, 2026
Aruma Resources has issued 92 million fully paid ordinary shares as tranche one of a previously announced placement, expanding its capital base to fund ongoing exploration activities. The shares form part of its existing quoted class on the ASX, r...
Aruma Resources Seeks ASX Quotation for 92 Million New Shares
Aug 20, 2026
Aruma Resources Limited has lodged an application with the ASX for quotation of 92,000,000 ordinary fully paid shares. The securities, issued on August 20, 2026, will expand the number of AAJ shares available for trading and may influence liquidit...
Aruma Resources Issues Shares to Expand Tillex Copper-Silver Landholding in Canada
Aug 14, 2026
Aruma Resources has issued 11,865,101 fully paid ordinary shares as part of the consideration for acquiring 94 contiguous mineral claims adjoining its Tillex Copper-Silver Project in Ontario, Canada. The new shares are from a class already quoted ...
Aruma Resources Seeks ASX Quotation for 11.9 Million New Shares
Aug 14, 2026
Aruma Resources Limited has applied to the ASX for quotation of 11,865,101 new ordinary fully paid shares, issued on August 13, 2026.The application formalises the listing of these securities, expanding the company’s quoted share base and po...
Aruma Resources Plans Share Placement to Bolster Capital Base
Aug 11, 2026
Aruma Resources Limited has notified the ASX of a proposed issue of 11,865,101 ordinary fully paid shares under a placement or similar capital raising structure, with the securities expected to be issued on 14 August 2026. The move reflects the co...
Aruma Resources Plans Major Share and Option Placement on ASX
Aug 11, 2026
Aruma Resources Limited has lodged an Appendix 3B with the ASX outlining a proposed placement of up to 788,888,889 ordinary fully paid shares and 157,777,778 new options. The options will be exercisable at $0.0079 and will expire three years from ...
Aruma boosts Ontario copper-silver footprint with Tillex expansion and $3.5m raise
Aug 11, 2026
Aruma Resources has moved to significantly expand its Tillex Copper-Silver Project in Ontario by acquiring 94 contiguous mineral claims covering about 16 square kilometres adjacent to its existing tenure. The deal lifts the total project area to r...
Aruma Resources Seeks Trading Halt Ahead of Capital Raising and Acquisition
Aug 9, 2026
Aruma Resources Limited, an ASX-listed copper-focused explorer, is building a portfolio of high-potential projects anchored by its flagship Tillex Copper-Silver Project in Canada’s Timmins district, alongside copper assets in Queensland and ...
Aruma Resources boosts copper credentials with high-grade Tillex drill results
Jul 29, 2026
Aruma Resources has reported multiple wide, high-grade copper-silver intersections from its maiden Phase 1 diamond drilling campaign at the Tillex Copper-Silver Project in Ontario, confirming the scale, continuity and shallow nature of mineralisat...
Aruma Resources Starts Phase 2 Drilling at High-Grade Tillex Copper-Silver Project
Jul 21, 2026
Aruma Resources has launched Phase 2 of its diamond drilling campaign at the Tillex Copper-Silver Project in Ontario’s Timmins mining district, following multiple wide, high-grade copper-silver intersections in Phase 1 that defined mineralis...
Aruma Resources Director’s Options Expire, Adjusting Equity Exposure
Jul 1, 2026
Aruma Resources Limited has disclosed a change in the holdings of director James Moses following the expiry of certain options. The company reported that unexercised unlisted and listed options held directly and indirectly by Moses lapsed on 30 Ju...
Aruma Resources Options Lapse Without Exercise
Jul 1, 2026
Aruma Resources has confirmed that 54,930,003 listed options and 3,000,000 unquoted options, each exercisable at $0.10, expired unexercised on 30 June 2026. The lapse of these options leaves the company’s capital structure unchanged by poten...
Aruma Resources Options Lapse, Streamlining Capital Structure
Jul 1, 2026
Aruma Resources Limited has advised that 3,000,000 options, exercisable at $0.10 and expiring on 30 June 2026, have lapsed unexercised, resulting in a reduction of its outstanding options on issue. The cessation of these options modestly streamlin...
Aruma outlines technical basis and risks for emerging Tillex copper project
Jul 1, 2026
Aruma Resources has released a board-approved presentation on its Tillex Copper Project, describing it as an emerging high-grade copper sulphide asset in Canada’s Timmins minerals district. The company highlights that the project’s geo...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.