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An update from Alara Resources ( (AU:AUQ) ) is now available.
Alara Resources Limited has dispatched its 30th shipment of copper concentrate from the Al Wash-hi – Majaza mine in Oman, marking a significant milestone in its operations. The shipment, which includes 1720 WMT of copper-gold concentrate with 324 MT of copper and 2.6 kg of gold, underscores the company’s ongoing production capabilities and its strategic positioning in the base and precious metals market.
The most recent analyst rating on (AU:AUQ) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Alara Resources stock, see the AU:AUQ Stock Forecast page.
More about Alara Resources
Alara Resources Limited is an Australian-based producer and explorer of precious and base metals, primarily focused on operating the Al Wash-hi Majaza Copper-Gold mine and concentrate production facility in Oman. The company is also engaged in exploration activities across various projects in Oman, including the Block 7, Mullaq, Al Ajal, Block 8, and Block 22B exploration licenses.
YTD Price Performance: -10.53%
Average Trading Volume: 436,664
Technical Sentiment Signal: Sell
Current Market Cap: A$27.3M
See more insights into AUQ stock on TipRanks’ Stock Analysis page.