Australia's Aeris Resources tumbles on lower quarterly production

Aeris Resources

30/04/2024 05:14

** Shares of Aeris Resources  AIS.AX  fall as much as 15.3%
to A$0.250, their biggest intraday percentage decline since Nov.
29, 2023
    ** Stock hits its lowest level since April 22
    ** Diversified miner says its quarterly copper equivalent
production fell to 9.1 kilotons (kt) from 9.7 kt in the previous
quarter
    ** Adds quarterly gold produced was 12.7 koz, down from 13.2
koz in the last quarter
    ** About 12.7 mln shares change hands, compared with the
30-day average volume of nearly 6.1 mln shares
    ** Stock up 103.5% YTD, as of last close



 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))