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Aeris Resources Limited ( (AU:AIS) ) has shared an update.
Aeris Resources Limited has entered into unsecured gold hedges with Macquarie Bank Limited for 19,998 ounces at a forward price of A$5,145.75 per ounce. These hedges, maturing between August 2025 and June 2026, cover approximately 50% of the targeted midpoint of the FY26 production range at the Cracow Gold Operations, potentially stabilizing revenue and enhancing financial predictability for the company.
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 is a mid-tier base and precious metals producer with a copper dominant portfolio. The company operates two assets, maintains a mine on care and maintenance, and has a long-life development project along with a highly prospective exploration portfolio. Aeris is focused on organic growth, aggressive exploration, and strategic mergers and acquisitions, leveraging its experienced board and management team.
Average Trading Volume: 1,396,414
Technical Sentiment Signal: Hold
Current Market Cap: A$184M
Learn more about AIS stock on TipRanks’ Stock Analysis page.