Gold-copper miner Aeris Resources slides on withdrawing EBITDA guidance

Aeris Resources

07/07/2023 01:15

** Shares of Aeris Resources  AIS.AX  decline 12.2% to
A$0.43, worst session since Feb. 28, if losses persist
    ** Copper-gold explorer withdraws EBITDA guidance for FY23;
AIS had previously expected to record EBITDA of A$50 mln to A$70
mln ($33.14 mln - $46.39 mln)
    ** Production at Jaguar mine in Queensland during Q4 has
been below plan; co also faced issues at its Mt Colin mine
    ** Stock down 13.3% this year as of last close
    
($1 = 1.5090 Australian dollars)

 (Reporting by Harish Sridharan in Bengaluru)
 ((harish.sridharan@thomsonreuters.com))