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Aeris Resources Limited ( (AU:AIS) ) just unveiled an announcement.
Aeris Resources Limited reported its FY25 production results, highlighting a copper equivalent production of 42.1kt, which was within the guidance range. While gold production met expectations, copper production fell short due to delays at the Tritton mine and slow ramp-up at the Murrawombie Pit. Despite these challenges, the company increased its cash and receivables to $49.5 million, and Cracow’s strong gold output contributed positively amid high gold prices.
The most recent analyst rating on (AU:AIS) stock is a Buy with a A$0.29 price target. To see the full list of analyst forecasts on Aeris Resources Limited stock, see the AU:AIS Stock Forecast page.
More about Aeris Resources Limited
Aeris Resources Limited is an established Australian company engaged in copper-gold production and exploration. The company focuses on producing copper and gold, with operations that include the Cracow and Tritton mines.
Average Trading Volume: 1,207,365
Technical Sentiment Signal: Hold
Current Market Cap: A$179.1M
For a thorough assessment of AIS stock, go to TipRanks’ Stock Analysis page.