InvestSMART

Aeris Resources Limited (ASX:AIS)

ALERT: Price-sensitive ASX Announcement for AIS
Current share price for AIS : $0.500 0.14 (38.89%)+
Announcement
Release
29 Jul 2026 9:44AM
Price at Release
$0.360
Full Release
download
Summary
Aeris Resources Limited, an Australian mid-tier copper and gold producer, reported its FY26 performance. The company highlighted successful operational delivery, particularly at the Tritton and Cracow sites, with notable increases in ore reserves and production. Tritton's ore reserves increased fourfold to over 10 million tonnes, containing 180,000 tonnes of copper. The company's copper production was 23,000 tonnes, marking a 19% increase year-over-year, although it fell slightly below the guidance range. Exploration successes at Avoca Tank and Budgerygar contributed to significant resource extensions. Financially, the company's cash and receivables rose dramatically by 308% year-over-year, and EBITDA increased by 78%. Aeris continues to focus on life extensions through greenfield exploration and aims to optimize its portfolio and capital management strategies.
Key Points
  • Aeris Resources Limited's FY26 copper equivalent production was 42.1kt.
  • Tritton's ore reserves increased fourfold, reaching over 10 million tonnes.
  • Copper production for FY26 was 23,000 tonnes, up 19% year-over-year.
  • Significant exploration successes at Avoca Tank and Budgerygar.
  • Cash and receivables increased by 308% compared to the previous year.
  • EBITDA grew by 78% year-over-year.
  • Aeris focuses on life extensions via greenfield exploration.
  • Operational delivery met expectations at Tritton and Cracow.
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.