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Aeris Resources Reports Strong Quarterly Performance with Increased Copper Production

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Aeris Resources Reports Strong Quarterly Performance with Increased Copper Production

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Aeris Resources Limited ( (AU:AIS) ) has shared an announcement.

Aeris Resources Limited reported an increase in copper equivalent production to 10.7kt for the quarter ending March 2025, alongside a strong cash flow from operations amounting to $45.4M, marking a 37% increase from the previous quarter. The company achieved improved production metrics at its Tritton and Mt Colin sites and reported a significant increase in mineral resources at its Constellation project. Despite a planned reduction in gold production at Cracow, the site delivered cash flows above budget, highlighting the company’s robust operational performance. Aeris also maintained a focus on safety and environmental management, with no lost time injuries recorded and a minor environmental incident managed without offsite impact.

More about Aeris Resources Limited

Aeris Resources Limited is a company operating in the mining industry, primarily focused on the production of copper and gold. The company is engaged in mining operations and exploration activities, with a market focus on increasing its copper equivalent production and optimizing its operations across various sites.

YTD Price Performance: 14.29%

Average Trading Volume: 1,780,763

Technical Sentiment Signal: Hold

Current Market Cap: A$193.7M

Find detailed analytics on AIS stock on TipRanks’ Stock Analysis page.

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