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AWJ_TC_Initiation.pdf

Independent broker Taylor Collision has initiated coverage on Auric Mining (ASX: AWJ) with a Speculative Buy rating and a price target of $0.39/share. The report, titled “Gold Fuelled Transition,” highlights Auric’s evolution from a toll-treatment operator into an integrated gold producer anchored by the Munda Gold Project and the recently acquired Burbanks Processing Facility. With proven cash generation from Jeffreys Find (~$14M net cash), near-term production from Munda, and strategic expansion through Burbanks and the Lindsay’s Project, Taylor Collision identifies Auric as being well-positioned to capitalise on strong gold prices and deliver sustainable growth.

Taylor Collision: Initiation - Gold Fuelled Transition