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The latest announcement is out from Alara Resources ( (AU:AUQ) ).
Alara Resources has dispatched the 34th shipment of copper concentrate from the Al Wash-hi Majaza copper-gold mine in Oman, operated via its majority-owned joint venture Al Hadeetha Resources. The latest parcel, which left Sohar Port on 21 January, comprised 1,352 wet metric tonnes of copper-gold concentrate containing approximately 236.6 tonnes of copper and 3.7 kilograms of gold, underscoring steady production and export activity that supports the company’s revenue stream and its positioning as an emerging mid-tier regional metals producer.
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 and gold projects in Oman. Its core operation is the Al Wash-hi Majaza copper-gold mine and concentrate production facility, complemented by ongoing exploration across multiple Omani licences held through various joint ventures, as it pursues a strategy to grow into a mid-tier, low-cost, sustainable minerals producer.
Average Trading Volume: 287,455
Technical Sentiment Signal: Sell
Current Market Cap: A$29.71M
Find detailed analytics on AUQ stock on TipRanks’ Stock Analysis page.