Why Aeris Resources (ASX:AIS) is our Large Cap stock of the week

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.

WANT TO GET OUR FULL SCORECARD EACH WEEK?

Become a QAV Club Mem­ber!