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Aeris Resources Limited (ASX:AIS)

ALERT: Price-sensitive ASX Announcement for AIS
Current share price for AIS : $0.490 0.13 (36.11%)+
Announcement
Release
29 Jul 2026 9:14AM
Price at Release
$0.360
Full Release
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Summary
Aeris Resources Limited reported significant achievements in their Quarterly Activities Report for June 2026. The company saw a notable increase in closing cash and receivables to $202 million, with operational cash flows rising by 37% to $104 million for the quarter. Their FY26 EBITDA reached $285 million, marking a 78% increase compared to FY25. Copper equivalent production for the year was within the set guidance, with Cracow gold production reaching 40.6koz and Tritton copper production increasing by 19% year on year. The company managed costs effectively across all operations and commenced early works on the Constellation Project after securing a mining lease. Additionally, there was a fourfold increase in Tritton Ore Reserves and the successful completion of the acquisition of Peel Mining.
Key Points
  • Closing cash and receivables of $202 million, up $52 million from Q3.
  • Increased cash flow from operations of $104 million for the quarter, up 37% due to strong production and commodity prices.
  • FY26 EBITDA approximately $285 million, up 78% from FY25.
  • Group copper equivalent production of 11.3kt for Q4 and 42.1kt for FY26, within guidance.
  • Cracow gold production of 10.5koz for Q4 and 40.6koz for FY26.
  • Tritton copper production of 6.5kt for Q4 and 23.0kt for FY26, a 19% increase year on year.
  • Costs well managed across the group.
  • Commencement of early works on the Constellation Project with a mining lease granted.
  • Fourfold increase in Tritton Ore Reserves.
  • Completion of Peel Mining acquisition on July 1, 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.