Company Adriatic Metals PLC

ADT

AU0000004772

Diversified Mining

Analysts' Consensus

Business Summary

Managers

Members of the board

Share class

Shareholders

Company contact information

Group companies

Sector

Sales per region

EPS Revisions

Quarterly earnings - Rate of surprise

Sector Integrated Mining

Market Closed - Australian S.E. Other stock markets 02:10:51 2024-05-31 am EDT			5-day change	1st Jan Change
4.1 ^AUD	+0.99%		-6.82%	+2.24%

May. 28	Gold Royalty Enters Agreement for Copper Stream; To Raise $30 Million via Equity Offering	MT
May. 28	Gold Royalty Falls 13% on Equity Offering, Copper-Focused Transaction for Vares Project	DJ

Adriatic Metals PLC is a United Kingdom-based precious and base metals mining company that is advancing the Vares Silver Operation in Bosnia and Herzegovina, as well as the Raska Zinc-Silver Project in Serbia. The Company's flagship Vares Project is located approximately 50 kilometers (km) north of Sarajevo, in the district of Vares. It owns 100% of the 44 square kilometers (km2) Vares Project concession. The concession area includes the mineralization included in the Mineral Resource Estimates of Rupice and Veovaca, as well as a number of prospects and exploration targets. The polymetallic underground deposit of Rupice has high grades of silver and zinc, with lead, copper and gold credits. The Raska Zinc-Silver Project is a prospective 130 km2 land package in southern Serbia, focused primarily around two historic open pit mining operations: Sastavci and Kizevak deposits that sit on the polymetallic tethyan metallogenic belt, which contain zinc, silver and lead mineralization.

Number of employees: 296

Managers	Title	Age	Since
Paul Cronin FOU	Founder	50	17-02-02
Matthew Hine COO	Chief Operating Officer	-	-
Jonathan Neil Dickman SEC	Corporate Secretary	-	22-07-19
Alex Budden PRN	Corporate Officer/Principal	-	Jan. 07

Members of the board	Title	Age	Since
Peter Bilbe BRD	Director/Board Member	74	18-02-15
Julian Barnes BRD	Director/Board Member	70	18-02-15
Michael Rawlinson CHM	Chairman	54	19-03-03
Paul Cronin FOU	Founder	50	17-02-02
Sandra Bates BRD	Director/Board Member	51	19-11-10
Sanela Karic BRD	Director/Board Member	-	20-08-02

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	306,222,045	256,117,472 ( 83.64 %)	0	83.64 %

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Gesalcalá SA SGIIC 0.0610 %	186,705	0.0610 %	552 841 $
Singular Asset Management SGIIC SA 0.0587 %	179,813	0.0587 %	532 433 $
Weiss Multi-Strategy Advisers LLC 0.008365 %	25,617	0.008365 %	75 853 $
Russell Investment Management Ltd. 0.001860 %	5,696	0.001860 %	16 866 $
Morningstar Associates, Inc. 0.000788 %	2,412	0.000788 %	7 142 $

Name	Equities	%	Valuation
Orion Asset Management Ltd. 7.900 %	24,191,000	7.900 %	70 M $
Paul Cronin 5.650 %	17,301,332	5.650 %	50 M $
Miloš Bošnjakovic 3.919 %	12,000,000	3.919 %	35 M $
FIL Investment Advisors (UK) Ltd. 3.539 %	10,837,194	3.539 %	31 M $
Global X Management Co. LLC 2.269 %	6,946,919	2.269 %	20 M $
Old West Investment Management LLC 2.178 %	6,669,042	2.178 %	19 M $
Eric Peter de Mori 2.123 %	6,501,613	2.123 %	19 M $
RBC Capital Markets (United Kingdom) 1.906 %	5,835,412	1.906 %	17 M $
European Bank for Reconstruction & Development 1.724 %	5,279,658	1.724 %	15 M $
Abadi Investments Pty Ltd. 1.633 %	5,000,000	1.633 %	14 M $

Adriatic Metals Plc

Regent House 65 Rodney Road

GL50 1HX, Cheltenham

+44 20 7993 0066

http://www.adriaticmetals.com

Name	Category and Sector
Adriatic Metals Trading & Finance Ltd.

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

4.1 AUD

Average target price

6.421 AUD

Spread / Average Target

+56.61%

Consensus

Estimates Revisions

Company calendar

Basic Materials

Mineral Resources

Metals & Mining

Diversified Mining

Integrated Mining

	1st Jan change	Capi.
ADRIATIC METALS PLC	+2.24%	834M
BHP GROUP LIMITED	-11.70%	150B
RIO TINTO PLC	-6.26%	119B
GLENCORE PLC	+1.83%	74.34B
GRUPO MÉXICO, S.A.B. DE C.V.	+11.36%	48.2B
SAUDI ARABIAN MINING COMPANY (MA'ADEN)	-4.84%	45.45B
ANGLO AMERICAN PLC	+27.55%	38.79B
HINDUSTAN ZINC LIMITED	+116.04%	34.78B
TECK RESOURCES LIMITED	+26.57%	26.97B
VEDANTA LIMITED	+74.05%	20.02B

Integrated Mining