Risk factor
Very high price volatility
Profitability factor
Greatly undervalued vs peers
About
Aeris Resources Limited, together with its various subsidiaries, is engaged in the extraction and commercialization of copper, gold, and silver. The company also undertakes geological exploration activities to uncover new copper, zinc, and gold deposits. Its principal operational assets include the Tritton Copper Operations, situated near Nyngan in central New South Wales, and the Cracow Gold Operations, located close to Theodore in Central Queensland. Furthermore, Aeris holds stakes in the Jaguar mine in Western Australia, the Mt Colin mine in North-West Queensland, and the Stockman project in Victoria. Established in 2010 and headquartered in Brisbane, Australia, the company rebranded from Straits Resources Limited to Aeris Resources Limited in December 2015.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'cheaper' than its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, reasonably
Target Price
The average target price of AIS.AX is 0.68 and suggests 56.3% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in