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Aeris Resources Hits Production Targets
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Aeris Resources Hits Production Targets

Aeris Resources Limited (AU:AIS) has released an update.

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Aeris Resources Limited reported solid production numbers, achieving their FY24 guidance with a copper equivalent production of 10.2kt for the quarter at an all-in sustaining cost (AISC) of A$5.45 per pound. Highlighting the quarter’s success, production and grades at Tritton were up, thanks to increased ore volumes from the Avoca Tank and Budgerygar mines, while Cracow maintained strong gold production. However, Mt Colin’s copper production fell short of expectations due to limited toll processing capacity.

For further insights into AU:AIS stock, check out TipRanks’ Stock Analysis page.

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