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Aeris Resources Limited ( (AU:AIS) ) has shared an update.
Aeris Resources Limited reported consistent copper equivalent production of 10.2 kt for the quarter ending December 31, 2024, with well-managed costs resulting in a reduced all-in sustaining cost (AISC) of A$4.93/lb Cu eq. The company noted operational challenges at Tritton leading to lower copper output, but expects to meet annual guidance. Cash flow from operations increased to $33.2 million. Cracow’s gold production exceeded expectations, while Mt Colin showed improved copper production at a low AISC. The company is advancing its Jaguar restart scenario to a feasibility study level and completed significant drilling activities at the Constellation project. Safety and environmental incidents were addressed with corrective actions implemented.
More about Aeris Resources Limited
Aeris Resources Limited is a company operating in the mining industry, primarily focusing on the production of copper, gold, and silver. The company is involved in mining operations and resource development projects, with an emphasis on managing production costs and expanding its operational capabilities.
YTD Price Performance: -16.67%
Average Trading Volume: 1,161,159
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$150.1M
For detailed information about AIS stock, go to TipRanks’ Stock Analysis page.
