Our large cap stock this week is Aeris Resources (ASX:AIS). This has been a favourite of QAV Club members for a while as it has performed very well in recent months. Aeris is a diversified mining and exploration company involved in production and sale of copper, gold and silver and the exploration for copper and gold. It currently has a QAV Score of 0.26 and an ADT (average daily turnover) of $1,467K.
The reasons they scored highly include:
- They also have an IV#2 more than double their current share price ($0.19).
- The consensus IV is also higher than the current share price.
- Their growth/PE is greater than 1.5
So another one to check out this week. One thing to note about AIS is that while copper as a commodity is currently in a three point trend line sell, gold isn’t, although it has retreated recently.
Our recommendations are based on the share price as of the date of the download. If the share price changes, this will affect the QAV score and its ranking on our buy list, so please take price changes into account before making any investing decisions.
Please also note that this isn’t personal financial advice and you should consult a financial planner before making any investment decisions.
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