Performance Review of Our Research Ideas, April–Oct. 2025
Aurelion Research Track Record 2025
Introduction
Between April and October 2025, Aurelion Research published equity research reports across mining, energy, shipping, financials, consumer, and technology. This period offered a real-time test of our process, from junior mining explorers to large-cap companies navigating complex market cycles.
Our objective has remained consistent: producing independent, high-conviction ideas grounded in rigorous fundamental analysis, sector expertise, and disciplined valuation. This performance review takes stock of how those ideas played out in the market.
Mining was the clear standout, with a 100% hit rate and several exceptional performers such as Golconda Gold (+136%) and Atico Mining (+79%). Strong gains also came from other sectors, including Guru Organic Energy (+206%) in consumer and Peabody Energy (+60%) in energy.
On the other hand, our exposure to Argentine banks weighed on results, highlighting the challenges of operating in volatile macro environments.
By separating outcomes across Mining & Metals (1.1), the Rest of Portfolio (1.2), and Subscriber Ideas (2), we provide a transparent look at where our research added value and where it faced headwinds.
Track Record (April–October 2025)
1. Our Ideas
1.1 Mining & Metals
Summary (Mining & Metals):
Total Ideas: 14
Winners (>0%): 14
Flat (0%): 0
Decliners (<0%): 0
Hit Rate: 100% winners
Average Performance: ~+46%
Top Performers:
GG.V (+136%)
ATY.V (+79%)
GAU-TSX (+73%)
BOGO.V (+66%)
CERT.V (+62%)
1.2 Rest (Energy, Shipping, Banks, Consumer, Tech)
Summary (Rest):
Total Ideas: 18
Winners (>0%): 10
Flat (0%): 5 (BCH, BSAC, ENIC, SRR.V, WDAY)
Decliners (<0%): 3 (BBAR, BMA, HUN)
Average Performance: ~+22–24%
Top Performers:
GURU-TSX (+206%)
BTU (+60%)
NAT (+34%)
Largest Decliners:
BBAR (–48%)
BMA (–42%)
HUN (–8%)