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Alara Resources ( (AU:AUQ) ) has shared an update.
Alara Resources has reported the dispatch of the 33rd 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 18 January, comprised approximately 1,395 wet metric tonnes of copper-gold concentrate containing around 243 tonnes of copper and 4.8 kilograms of gold, underscoring steady production and export performance at the operation in recent months.
The most recent analyst rating on (AU:AUQ) stock is a Sell 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-gold operations in Oman. Its flagship asset is the Al Wash-hi Majaza copper-gold mine and concentrate production facility, complemented by a portfolio of Omani exploration licences held through several joint ventures, as the company pursues its strategy of becoming a mid-tier minerals producer through low-cost, sustainable operations.
YTD Price Performance: 17.24%
Average Trading Volume: 285,558
Technical Sentiment Signal: Sell
Current Market Cap: A$27.3M
Learn more about AUQ stock on TipRanks’ Stock Analysis page.