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Alara Resources ( (AU:AUQ) ) has shared an announcement.
Alara Resources has dispatched the 32nd shipment of copper concentrate from its Al Wash-hi–Majaza copper-gold mine in Oman, operated via its majority-owned joint venture Al Hadeetha Resources LLC. The latest cargo, which left Sohar Port on 30 December, comprised 1,378.6 wet metric tonnes of concentrate containing approximately 252.6 tonnes of copper and 5.3 kilograms of gold, underscoring steady production momentum at the Omani operation and reinforcing the mine’s contribution to Alara’s revenue base and its positioning as an emerging regional copper-gold producer.
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 producer and explorer of precious and base metals, primarily focused on copper and gold projects in Oman. Its core operation is the Al Wash-hi–Majaza copper-gold mine and concentrate plant, alongside ongoing exploration across several Omani licences held through various joint ventures, as it pursues growth toward becoming a mid-tier minerals producer through low-cost, sustainable operations.
Average Trading Volume: 356,161
Technical Sentiment Signal: Sell
Current Market Cap: A$26.5M
See more insights into AUQ stock on TipRanks’ Stock Analysis page.