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An announcement from Aeris Resources Limited ( (AU:AIS) ) is now available.
Aeris Resources Limited has updated its recent announcement regarding drilling activities at the Tritton operation to ensure compliance with reporting standards. The drilling results highlight significant high-grade copper discoveries at both the Avoca Tank and Budgerygar projects, with intersections expanding mineralization beyond current resource estimates and revealing potential new mineralized trends. These findings underscore Aeris Resources’ ongoing exploration efforts and its commitment to bolstering its resource base, presenting positive implications for the company’s growth in the copper sector.
The most recent analyst rating on (AU:AIS) stock is a Hold with a A$0.55 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 a mid-tier producer specializing in base and precious metals, with a copper-dominant portfolio that includes operating assets, development projects, and exploration opportunities. The company actively pursues strategic growth through mergers, acquisitions, and exploration while emphasizing partnerships with key stakeholders, including communities, investors, and workforce.
Average Trading Volume: 6,640,000
Technical Sentiment Signal: Buy
Current Market Cap: A$586.1M
Find detailed analytics on AIS stock on TipRanks’ Stock Analysis page.