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    AIS   AU000000AIS8

AERIS RESOURCES LIMITED

(AIS)
  Report
Delayed Quote. Delayed Australian Stock Exchange - 01/24 12:10:14 am
0.15 AUD   -3.23%
01/18HLX : Further Massive Copper Sulphide Intersected at Canbelego
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Aeris Resources Limited : - Response to Media Article

10/25/2021 | 08:03am EST

Aeris Resources Limited (ASX: AIS) (Aeris or Company) refers to today's media speculation contained in the Dataroom section of The Australian regarding Glencore's CSA asset.

As widely reported in September 2021 (Australian Financial Review 24 September 2021 - Glencore's Cobar copper mine in play), Aeris is aware that Glencore is seeking proposals for its CSA asset. Aeris has a well-defined strategy focused on creating shareholder value through organic growth and M&A and evaluates potential strategic opportunities from timeto-time.

The evaluation of such opportunities is not indicative of whether a particular transaction may or may not occur.

Nor does it constitute material information. As a result Aeris will not respond further to such speculation.

This announcement is authorised by the Board of Aeris Resources Limited

Contact:

Mr. Andre Labuschagne

Tel: +61 7 3034 6200

Web: www.aerisresources.com.au

About Aeris

Aeris Resources Limited (ASX: AIS) is a diversified mining and exploration company headquartered in Brisbane. The Company has a growing portfolio of copper and gold operations, development projects and exploration prospects. Aeris has a clear vision to become a mid-tier mining company with a focus on gold and base metals, delivering shareholder value. Aeris' Board and management team bring decades of corporate and technical expertise in a lean corporate structure.

Its leadership has a shared, and highly disciplined focus on operational excellence, and an enduring commitment to building strong partnerships with the Company's workforces and key stakeholders. Aeris is forecasting to produce between 21,000 and 22,000 tonnes of copper from its Tritton Copper Operation in New South Wales, and between 67,000 and 71,000 ounces of gold from its Cracow Gold Operation in Queensland.

(C) 2021 Electronic News Publishing, source ENP Newswire

All news about AERIS RESOURCES LIMITED
01/18HLX : Further Massive Copper Sulphide Intersected at Canbelego
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2021Aeris - constellation maiden mineral resource
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Financials
Sales 2022 432 M 307 M 307 M
Net income 2022 77,9 M 55,5 M 55,5 M
Net cash 2022 53,7 M 38,3 M 38,3 M
P/E ratio 2022 4,29x
Yield 2022 -
Capitalization 338 M 244 M 241 M
EV / Sales 2022 0,66x
EV / Sales 2023 0,33x
Nbr of Employees 1 091
Free-Float 71,8%
Chart AERIS RESOURCES LIMITED
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Technical analysis trends AERIS RESOURCES LIMITED
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TrendsBearishBearishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Last Close Price 0,15 AUD
Average target price 0,24 AUD
Spread / Average Target 60,0%
EPS Revisions
Managers and Directors
Willie AndrÚ Labuschagne Executive Chairman, Chief Executive Officer & MD
Robert Brainsbury Chief Financial Officer & Joint Secretary
Ian Sheppard Chief Operating Officer
Michele Muscillo Independent Non-Executive Director
Colin Francis Moorhead Independent Non-Executive Director
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