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FINANCIAL BRIEF: For the fiscal year ended 31 December 2012, AMARA MINING PLC revenues decreased 25% to $91.3M. Net loss totaled $351K vs. income of $12.4M. Revenues reflect Stripping Ratio - %-Kalsaka decrease of 25% to 4.97%. Net loss reflects General and administrative expenses increase of 7% to $9.6M (expense). more »

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B+
B+

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BROKER FORECASTS
31st Dec 2013
31st Dec 2014

Price Target: $1.04 (+218.31% above Price) Net Profit EPS DPS Net Profit EPS DPS
Est. Long Term Growth Rate: n/a ($) ($) ($) ($) ($) ($)
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11 brokers BROKER CONSENSUS & FORECAST TREND
Broker Recommendations for Amara Mining
Recommendation:Strong SellSellHoldBuyStrong Buy
No. of Analysts: 0 0 3 1 7

Named Brokers and Analysts
Investec Bank (UK) Plc Marc Elliott , Canaccord Genuity Tim Dudley , GMP Securities Ltd. Brock Salier , Clarus Securities , WH Ireland Paul Smith , Seymour Pierce (Historical) , Numis Securities Cailey Barker , Peel Hunt Michael Stoner , Edison Investment Research Charles Gibson , Evolution Securities (Hist) , Westhouse Securities Ltd. Rob Broke , Casimir Capital L.P. , and 1 unnamed other

Amara Mining plc, formerly Cluff Gold plc, is a gold mining and exploration company. The Company is engaged in the acquisition, exploration, development and operation of gold mines and deposits in West Africa. The Company’s segments include Kalsaka, Yaoure and Baomahun. Kalsaka is the Company’s key cash flow generator and produced 71,505 ounces of gold during the year ended December 31,2011. It also controls four new exploration licences in Eastern Burkina Faso, providing a pipeline of future projects to the Company. Baomahun is the Company’s wholly owned flagship development project in Sierra Leone, with 2.1 million ounces of indicated mineral resources and a further 0.9 million ounces of inferred mineral resources. Its Yaoure is located in Cote d'Ivoire. Diamond drilling at Yaoure in 2011 totalled 3,067m in 29 holes, On May 2012, it acquired Sega Gold Project (Seg) from Orezone Gold Corp.

Directors: John McGloin (Chmn.) 47, Peter Spivey (CEO) , Pete Gardner (Fin. Dir.) , Catherine Apthorpe (Secy.) ,

No. of Employees: 643 No. of Shareholders: n/a


Last Annual December 31st, 2012
Last Interim December 31st, 2012
Shares in Issue 168,113,466
Free Float 149.6m (88.9%)
Sector Basic Materials
Industry Metals & Mining
Index FTSE Aim All Share,
Exchange London Stock Exchange (AIM)
Eligible for an ISA? a SIPP?

Address 4th Floor 29-30 Cornhill, LONDON, EC3V 3NF, United Kingdom
Web http://www.amaramining.com
Phone +44 20 73981420
Contact Carrie Lun (Investor Relations Manager)
Registrar Capita Registrars
Auditors PKF (UK) LLP

AMA SHARE PRICE PERFORMANCE AMA QUOTE
AMA Share Price GBp
20.24p
Day's Change
-0.8  -3.5%
Traded 11:01am · Minimum 15 min delayed

LATEST AMA NEWS ANNOUNCEMENTS (delayed)

UPCOMING AMA EVENTS
Wednesday 22nd May, 2013
Q1 2013 Amara Mining PLC Earnings Release
Wednesday 22nd May, 2013
Q1 2013 Amara Mining PLC Earnings Conference Call (First)
Wednesday 22nd May, 2013
Q1 2013 Amara Mining PLC Earnings Conference Call (Second)
Wednesday 5th June, 2013
Amara Mining PLC Annual General Meeting
Wednesday 14th August, 2013 (estimate)
H1 2013 Amara Mining PLC Earnings Release

Recent ↓
Thursday 18th April, 2013
Amara Mining PLC at Denver Gold European Gold Forum
Wednesday 27th March, 2013
Full Year 2012 Amara Mining PLC Earnings Conference Call (Second)
Wednesday 27th March, 2013
Full Year 2012 Amara Mining PLC Earnings Release
Wednesday 27th March, 2013
Full Year 2012 Amara Mining PLC Earnings Conference Call (First)
Tuesday 22nd January, 2013
Amara Mining PLC: Kalsaka Gold Mine 2012 Production Results Conference Call (Second)
Tuesday 22nd January, 2013
Amara Mining PLC: Kalsaka Gold Mine 2012 Production Results
Tuesday 22nd January, 2013
Amara Mining PLC: Kalsaka Gold Mine 2012 Production Results Conference Call (First)
Wednesday 14th November, 2012
Q3 2012 Amara Mining PLC Earnings Conference Call (Second Call)
Wednesday 14th November, 2012
Q3 2012 Amara Mining PLC Earnings Release
Wednesday 14th November, 2012
Q3 2012 Amara Mining PLC Earnings Conference Call (First Call)


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