Stock data
| Market cap. | £281.1m |
| Last close | 138.60p |
| High / Low (52 weeks) | 281.2p / 132.6p |
| Stock market listing | FULL, TSX, ASX |
| Forecast net debt (US$m) | 28.8 |
| Forecast gearing ratio (%) | 6 |
| Team | Resources - Mining |
| Sector | Mining |
Price performance
| % | 1m | 3m | 12m |
|---|---|---|---|
| Actual | (12.17) | (12.22) | (37.57) |
| Relative * | (16.34) | (18.05) | (35.56) |
* % Relative to local index
Other companies covered in sector
| Y/E Dec | Revenue (US$m) | EBITDA (US$m) | PBT (US$m) | EPS (fd) (c) | P/E (x) | P/CF (x) |
|---|---|---|---|---|---|---|
| 2009A | 0.0 | 0.0 | 0.0 | N/A | N/A | N/A |
| 2010A | 0.0 | 0.0 | 0.0 | 0.0 | N/A | N/A |
| 2011E | 138.8 | 11.7 | (5.3) | (2.7) | N/A | 50.3 |
| 2012E | 276.1 | 103.5 | 77.3 | 29.9 | 7.3 | 8.8 |
Last updated on 05/12/2011
Latest research
Q3 results
Update | Mining | 01/11/2011
220,000oz in sight
Outlook | Mining | 30/09/2011
Move to LSE completed
Flash note | Mining | 05/07/2011
Gold Ridge first pour
Update | Mining | 16/03/2011
Sulphides feasible
Update | Mining | 02/12/2010
Full year results
Update | Mining | 07/09/2010
Allied forces take PNG
Outlook | Mining | 18/05/2010
Investment summary
Allied’s Q311 results indicated a 27.3% increase in total group gold production over Q211, primarily as a result of the commissioning and ramp up at Gold Ridge (production up 97% to 20,186ozs Au). However, Simberi production was hampered by above-average rainfall limiting mining activities, resulting in 15,899ozs Au produced, an 11.8% decrease from Q211 production of 18,131ozs. This has affected Simberi’s unit costs (up 29.4% to US$1,064/oz), with Allied stating these levels are likely to continue into the December quarter due to one-off costs associated with maintenance work on its ball mill (resulting in three weeks lost production in October). We expect the company to return to more normal cost levels of US$850/oz during Q112. Allied now forecasts Simberi to produce c 58,000ozs (down from 65,000oz in our September Outlook) with Gold Ridge contributing c 52,000ozs for FY11.
Last updated on 09/12/2011
Industry outlook
The gold price is currently at c US$1,700/oz.
Last updated on 09/12/2011
Key management
| Mark Caruso, Chairman & CEO |
Company address
| PO Box 4816 Eight Mile Plains Queensland Qld, 4113 Australia +61 7 3252 5911 View website |
