Aeris Resources Limited (AIS) AI Stock Analysis

• Market Cap: AU$451.71M
• Dividend Yield: N/A
• Average Volume (3M): 7.25M
• Price to Earnings (P/E): 10.0
• Beta (1Y): 0.51
• Revenue Growth: 6.70%
• EPS Growth: N/A
• Country: AU
• Employees: 1,091
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Industrial Materials
• EPS (TTM): 0.02
• Shares Outstanding: 971,422,200
• 10 Day Avg. Volume: 8,077,653
• 30 Day Avg. Volume: 7,250,078
• PEG Ratio: -0.01
• Price to Book (P/B): 0.54
• Price to Sales (P/S): 0.30
• P/FCF Ratio: 5.26
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: AU$0.58
• Price Target Upside: 11.54% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 4
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 69 Neutral
• Price Target: AU$0.55 ▲(5.38% Upside)

Aeris Resources Limited shows a promising financial recovery with improved profitability and stable leverage, contributing positively to the score. The technical analysis indicates a positive trend, though caution is advised due to potential short-term volatility. The valuation is attractive, but the lack of dividend yield may deter some investors. Overall, the stock is positioned well for growth, but attention to cash flow management is necessary.

Positive Factors

Revenue Growth

The positive revenue growth rate indicates a recovery from previous declines, suggesting an expanding market presence and improved sales performance.

Profitability Improvement

Improved profit margins reflect enhanced operational efficiency, which can lead to better financial health and reinvestment opportunities.

Leverage Stability

Stable leverage with a low debt-to-equity ratio enhances financial flexibility and reduces risk, supporting long-term growth potential.

Negative Factors

Cash Flow Challenges

Negative free cash flow growth suggests inefficiencies in cash conversion, potentially limiting the ability to fund new projects or reduce debt.

Historical Volatility

Volatility in financial performance can indicate underlying instability, which may affect investor confidence and long-term planning.

Free Cash Flow Efficiency

Limited cash conversion efficiency can hinder the company's ability to reinvest in growth opportunities and manage financial obligations effectively.

Aeris Resources Limited Business Overview & Revenue Model

Company Description

Aeris Resources Limited, together with its subsidiaries, produces and sells copper, gold, and silver products. The company also explores for copper, zinc, and gold deposits. Its primary operating assets include the Tritton Copper Operations located near the town of Nyngan in central New South Wales; and Cracow Gold Operations situated near the town of Theodore in Central Queensland. It also holds interests in the Jaguar mine located in Western Australia; Mt Colin mine situated in North-West Queensland; and Stockman project located in Victoria. The company was formerly known as Straits Resources Limited and changed its name to Aeris Resources Limited in December 2015. Aeris Resources Limited was incorporated in 2010 and is headquartered in Brisbane, Australia.

How the Company Makes Money

Aeris Resources generates revenue primarily through the extraction and sale of copper and zinc concentrates from its mining operations. The company operates several key projects, including the Tritton copper operations in New South Wales, which serve as a major source of its income. Revenue is driven by the sale of these metals to various markets, with pricing influenced by global commodity prices. Additionally, Aeris may engage in joint ventures or partnerships with other mining companies to share resources and expertise, which can enhance operational efficiency and reduce costs. The company also invests in exploration activities to discover new mineral deposits, which can lead to future revenue streams as new projects come online.

Aeris Resources Limited Financial Statement Overview

Summary

Aeris Resources Limited demonstrates a positive trajectory in revenue and profitability, supported by improved margins and stable leverage. However, challenges in free cash flow generation and historical volatility in financial performance highlight areas for improvement. The company is on a recovery path with a need for consistent cash flow management.

Income Statement

Aeris Resources Limited has shown a positive revenue growth rate of 5.6% in the latest year, indicating a recovery from previous declines. The gross profit margin improved significantly to 20%, and the net profit margin turned positive at 7.8%, reflecting enhanced profitability. However, historical volatility in revenue and profitability metrics suggests potential risks.

Balance Sheet

The company's debt-to-equity ratio improved to 0.17, indicating a stable leverage position. Return on equity increased to 14.2%, showcasing effective utilization of equity. However, the equity ratio remains moderate, suggesting room for strengthening the balance sheet further.

Cash Flow

Operating cash flow is strong with a coverage ratio of 1.18, but free cash flow growth is negative at -20.5%, indicating challenges in generating free cash. The free cash flow to net income ratio is 0.25, suggesting limited cash conversion efficiency.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	577.06M	577.06M	540.02M	612.39M	386.56M	430.87M
Gross Profit	115.44M	115.44M	35.67M	-98.21M	30.00M	90.50M
EBITDA	151.76M	151.76M	81.44M	22.84M	98.33M	159.07M
Net Income	45.20M	45.20M	-24.26M	-139.75M	6.01M	61.24M
Balance Sheet
Total Assets	608.65M	608.65M	562.74M	570.50M	438.16M	374.25M
Cash, Cash Equivalents and Short-Term Investments	28.76M	28.76M	25.09M	20.26M	140.15M	103.48M
Total Debt	55.39M	55.39M	61.67M	24.81M	15.83M	35.66M
Total Liabilities	290.88M	290.88M	290.96M	304.13M	150.22M	190.39M
Stockholders Equity	317.77M	317.77M	271.79M	266.37M	287.94M	183.86M
Cash Flow
Free Cash Flow	32.70M	32.70M	-30.94M	-90.52M	-24.43M	81.72M
Operating Cash Flow	130.89M	130.89M	62.54M	59.30M	93.00M	169.65M
Investing Cash Flow	-114.30M	-114.30M	-108.73M	-184.13M	-112.93M	-153.43M
Financing Cash Flow	-12.74M	-12.74M	51.74M	6.53M	60.90M	27.00M

Aeris Resources Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.52
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:AIS, the sentiment is Positive. The current price of 0.52 is above the 20-day moving average (MA) of 0.45, above the 50-day MA of 0.48, and above the 200-day MA of 0.27, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 60.94 is Neutral, neither overbought nor oversold. The STOCH value of 86.56 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:AIS.

Aeris Resources Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AIS	69 Neutral	AU$451.71M	9.96	15.33%	―	6.70%	―
RNU	63 Neutral	AU$193.28M	108.57	1.08%	―	―	―
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
FEX	54 Neutral	€383.40M	69.59	3.14%	2.17%	21.95%	-84.84%
ZEO	46 Neutral	AU$170.36M	-34.58	-39.06%	―	―	25.00%
NMR	38 Underperform	AU$60.20M	-2.07	-391.48%	―	―	-49.48%

Aeris Resources Limited Corporate Events

Aeris Resources Announces Director Change

Aeris Resources Limited has announced a change in its board of directors, with Robert Dobson Millner ceasing to be a director as of December 1, 2025. This change involves Millner’s relevant interests in securities, including 740,259 ordinary shares as a registered holder and 51,978 ordinary shares held indirectly. The announcement may impact the company’s governance structure and could have implications for its strategic direction and stakeholder relations.

Aeris Resources Extends Share Purchase Plan Deadline

Aeris Resources Limited has announced an update regarding its Share Purchase Plan, extending the closing date to December 16, 2025. This extension provides stakeholders additional time to participate in the securities offering, potentially impacting the company’s capital raising efforts and market positioning.

Aeris Resources Extends Share Purchase Plan Deadline

Aeris Resources Limited has announced an extension to the closing date of its Share Purchase Plan (SPP) to 16 December 2025, allowing eligible shareholders more time to participate. This decision reflects the company’s commitment to engaging its stakeholders and potentially enhancing shareholder value through increased participation in the SPP.

Aeris Resources Announces Director Resignation

Aeris Resources Limited, a company listed on the Australian Securities Exchange, announced the resignation of Mr. Robert Millner AO from his position as a Non-Executive Director due to personal reasons. The company expressed gratitude for his contributions and will begin the process of appointing a new board member, which may impact its governance and strategic direction.

Aeris Resources Highlights Financial Performance and Strategic Outlook Amid Market Volatility

Aeris Resources Limited presented an investor presentation outlining its financial performance and strategic outlook. The presentation emphasized the use of non-IFRS financial measures to provide insights into the company’s financial health, while cautioning investors about the inherent risks and uncertainties in the mining sector, particularly in light of global economic volatility.

UBS Group AG Ceases Substantial Holding in Aeris Resources

Aeris Resources Limited has announced that UBS Group AG and its related bodies corporate have ceased to be substantial shareholders as of November 18, 2025. This change in shareholder status may impact the company’s shareholder structure and could influence its market dynamics and stakeholder relationships.

Aeris Resources Corrects AGM Notice for Accurate Voting Entitlements

Aeris Resources Limited has issued a correction to its Notice of Annual General Meeting, initially published on 20 October 2025. The correction pertains to the date for determining voting entitlements, which should be 7.00pm on Wednesday, 19 November 2025, instead of the previously stated Monday, 17 November 2025. This amendment ensures accurate shareholder participation in the upcoming meeting, reflecting the company’s commitment to transparency and effective stakeholder communication.

Aeris Resources Launches Equity Capital Raising

Aeris Resources Limited has announced an equity capital raising initiative involving a non-underwritten placement of new shares to sophisticated and professional investors, alongside a share purchase plan for eligible shareholders in Australia and New Zealand. This move aims to strengthen the company’s financial position and support its strategic objectives, although it comes with inherent risks and legal restrictions on distribution outside Australia.

Aeris Resources Launches Share Purchase Plan for Capital Raising

Aeris Resources Limited has announced the opening of a Share Purchase Plan (SPP) for eligible shareholders in Australia and New Zealand, allowing them to acquire up to A$30,000 worth of fully paid ordinary shares. This initiative is part of a broader capital raising effort by the company, aiming to strengthen its financial position and support its growth and exploration projects.

Aeris Resources Secures $80 Million Through Share Placement

Aeris Resources Limited announced the successful completion of a share placement, raising approximately $80 million by issuing 177,777,778 fully paid ordinary shares at $0.45 each. This capital raise is expected to strengthen Aeris’s financial position, enabling further exploration and development activities, thereby enhancing its competitive stance in the mining industry.

Aeris Resources Strengthens Financial Position with $80 Million Placement

Aeris Resources Limited has successfully received $80 million from a recent placement, using part of the funds to repay and cancel a $40 million loan facility, saving an estimated $6 million in interest and fees. This financial maneuver significantly strengthens Aeris’ balance sheet, positioning the company for growth through exploration and operational delivery in FY26, with additional cash expected from asset sales.

Aeris Resources to Release Share Purchase Plan Offer Booklet

Aeris Resources Limited has announced that the Offer Booklet for its Share Purchase Plan will be released on November 6, 2025. The company’s Executive Chairman, Andre Labuschagne, will host an investor call to discuss the equity raise and provide updates on the company’s operations, indicating a strategic move to strengthen its financial position and engage with stakeholders.

Aeris Resources Announces Proposed Securities Issue to Boost Capital

Aeris Resources Limited has announced a proposed issue of securities, which includes an offer of 22,222,222 ordinary fully paid securities under a securities purchase plan and a separate placement of 177,777,778 ordinary fully paid securities. This strategic move is likely aimed at raising capital to support the company’s operations and growth initiatives, potentially impacting its market position and offering new opportunities for stakeholders.

Aeris Resources Secures $80 Million Placement to Boost Exploration and Growth

Aeris Resources Limited has successfully completed an $80 million institutional placement and launched a $10 million share purchase plan. The capital raised will be used to repay a loan facility, accelerate exploration and growth projects, and enhance the company’s financial position by leaving it with $62 million in cash and no debt. This strategic move is expected to strengthen Aeris’s operations and market positioning, benefiting stakeholders by supporting further exploration and development initiatives.

Aeris Resources Initiates Trading Halt for Capital Raising Announcement

Aeris Resources Limited, listed on the ASX under the ticker AIS, has requested a trading halt on its securities. This halt is pending an announcement related to a capital raising effort. The trading halt will remain in effect until either the announcement is made or normal trading resumes on 31 October 2025. This move indicates a potential strategic financial maneuver by Aeris Resources, which could impact its market operations and investor relations.

Aeris Resources Unveils Maiden Ore Reserve Estimate for Constellation Project

Aeris Resources Limited has announced a Maiden Open Pit Ore Reserve Estimate for its Constellation Project, indicating a probable ore reserve of 2.3 million tonnes with significant copper, gold, and silver content. This reserve supports a 5-to-7-year open pit mine life, with potential for future expansion into underground operations. The project aims to optimize existing resources and infrastructure to improve economic outcomes, with further studies planned to explore deeper mineralization for additional mining opportunities.

Aeris Resources to Divest North Queensland Copper Assets

Aeris Resources Limited has entered into a binding agreement with Dingo Minerals Pty Ltd to divest its North Queensland copper assets for up to $15.5 million. This strategic move is aimed at simplifying Aeris’ portfolio, allowing the company to focus on core assets and utilize the proceeds for debt repayment or investment in growth projects. The transaction is expected to be completed by December 2025, and it does not require shareholder approval.

Aeris Resources Releases Q1 FY26 Financial Results Amid Global Uncertainties

Aeris Resources Limited has released its Q1 FY26 results, emphasizing the importance of understanding the financial information presented, which includes non-IFRS and non-GAAP financial measures. The company cautions investors about the inherent risks and uncertainties in forward-looking statements, especially in the current volatile economic climate influenced by global events such as the COVID-19 pandemic and international hostilities.

Aeris Resources to Discuss Quarterly Report in Upcoming Webinar

Aeris Resources Limited has announced that it will be lodging its September 2025 Quarterly Activities Report with the ASX on October 22, 2025. The Executive Chairman, Andre Labuschagne, will host a webinar to discuss the report’s results, including a Q&A session. This event is significant as it provides stakeholders with insights into the company’s recent activities and performance, potentially impacting investor perceptions and market positioning.

Aeris Resources Reports Strong Financial and Production Growth in 2025

Aeris Resources Limited reported a strong financial performance for 2025, with a net profit after tax of $45.2 million and an EBITDA of $160.5 million. The company achieved significant production outputs, with 55.2koz of gold and 24.9kt of copper produced, marking substantial increases from the previous year. This growth in production and financial results underscores Aeris Resources’ strategic focus on expanding its operations and enhancing its market position in the mining industry.

Aeris Resources Announces Annual General Meeting and Key Resolutions

Aeris Resources Limited has announced its upcoming Annual General Meeting (AGM) scheduled for November 21, 2025, to be held in Brisbane. The meeting will address several key resolutions, including the adoption of the Remuneration Report, re-election of directors, and approval of equity securities issuance under the Long Term Incentive Plan. Shareholders are encouraged to participate either in-person or by proxy, with the company providing online resources for proxy voting.

Aeris Resources Advances Exploration at Golden Plateau

Aeris Resources Limited has identified a significant volume of mineralization at the Golden Plateau deposit, located within its Cracow tenement package. The company plans a 7,000-meter diamond drill program to explore extensions of the mineralization, which could potentially extend the life-of-mine plan for the Cracow operations. This exploration effort underscores Aeris’ commitment to enhancing its resource base and operational longevity.

Aeris Resources Strengthens Exploration Leadership with New Executive Appointment

Aeris Resources Limited has appointed Brad Cox as Executive General Manager – Exploration, a new role aimed at enhancing executive leadership in exploration to extend mine life and pursue growth opportunities. Cox, who has been with Aeris since 2014, has played a crucial role in significant discoveries and will now lead the company’s exploration strategy, supporting its growth ambitions and strengthening its executive team.