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Alara Resources ( (AU:AUQ) ) just unveiled an update.
Alara Resources Limited announced the dispatch of its 31st shipment of copper concentrate from the Al Wash-hi – Majaza copper-gold mine in Oman. This shipment, consisting of 1409 WMT of copper-gold concentrate, marks a continued commitment to production despite a temporary shutdown for maintenance. The planned downtime was necessary for replacing SAG mill liners and other maintenance tasks, ensuring the plant’s safe and efficient operations moving forward.
The most recent analyst rating on (AU:AUQ) stock is a Hold with a A$0.04 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 company engaged in the production and exploration of precious and base metals. The company primarily focuses on operating the Al Wash-hi Majaza Copper-Gold mine in Oman and is involved in several exploration projects across the region. Alara aims to become a mid-tier minerals producer, emphasizing low-cost, sustainable operations to maximize shareholder value.
YTD Price Performance: -7.89%
Average Trading Volume: 372,743
Technical Sentiment Signal: Sell
Current Market Cap: A$28.11M
For detailed information about AUQ stock, go to TipRanks’ Stock Analysis page.