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Aeris Resources Limited ( (AU:AIS) ) has provided an announcement.
Aeris Resources Limited has announced the opening of a Share Purchase Plan (SPP) for eligible shareholders in Australia and New Zealand, allowing them to acquire up to A$30,000 worth of fully paid ordinary shares. This initiative is part of a broader capital raising effort by the company, aiming to strengthen its financial position and support its growth and exploration projects.
The most recent analyst rating on (AU:AIS) stock is a Buy with a A$0.62 price target. To see the full list of analyst forecasts on Aeris Resources Limited stock, see the AU:AIS Stock Forecast page.
More about Aeris Resources Limited
Aeris Resources is a mid-tier base and precious metals producer with a copper-dominant portfolio that includes two operating assets, multiple development projects, and a highly prospective exploration portfolio. The company is focused on organic growth projects, aggressive exploration, and strategic mergers and acquisitions, supported by an experienced board and management team.
Average Trading Volume: 5,629,071
Technical Sentiment Signal: Buy
Current Market Cap: A$451.7M
For a thorough assessment of AIS stock, go to TipRanks’ Stock Analysis page.