Aeris Resources Limited

ASX:AIS Stock Report

Market Cap: AU$460.9m

Aeris Resources Management

Management criteria checks 2/4

Aeris Resources' CEO is Willie Labuschagne, appointed in Dec 2012, has a tenure of 13.5 years. total yearly compensation is A$1.37M, comprised of 53.9% salary and 46.1% bonuses, including company stock and options. directly owns 0.59% of the company’s shares, worth A$2.74M. The average tenure of the management team and the board of directors is 1.8 years and 13.1 years respectively.

Key information

Willie Labuschagne

Chief executive officer

AU$1.4m

Total compensation

CEO salary percentage53.88%
CEO tenure13.5yrs
CEO ownership0.6%
Management average tenure1.8yrs
Board average tenure13.1yrs

Recent management updates

Analysis Article Nov 14

We Think Some Shareholders May Hesitate To Increase Aeris Resources Limited's (ASX:AIS) CEO Compensation

Key Insights Aeris Resources will host its Annual General Meeting on 21st of November CEO Willie Labuschagne's total...

Recent updates

Narrative Update Jun 05

AIS: Stronger Margins And Stable Fair Value Will Support Future Upside

Analysts have nudged their price target on Aeris Resources slightly higher to A$0.90. The revised target reflects updated views on discount rate, revenue growth, profit margin and future P/E assumptions that together support a modestly stronger valuation case.
Narrative Update Apr 29

AIS: Higher Future P/E And Stable Fair Value Will Support Upside

Analysts have adjusted their price target on Aeris Resources to A$0.90 from A$0.90, reflecting updated assumptions for discount rate, revenue growth, profit margin and future P/E that leave their overall valuation view essentially unchanged. Valuation Changes Fair Value: A$0.90 remains unchanged, indicating no shift in the overall valuation outcome.
Narrative Update Apr 15

AIS: Higher Revenue Outlook And Solid Margins Will Support Future Re Rating

Analysts have trimmed their fair value estimate for Aeris Resources from A$0.79 to A$0.76, reflecting updated assumptions for discount rate, revenue growth, profit margins and future P/E. Valuation Changes Fair Value: Trimmed slightly from A$0.79 to A$0.76 per share, based on the updated model inputs.
Narrative Update Mar 31

AIS: Refined Assumptions And Higher Future P/E Will Support Upside

Analysts have adjusted their price targets for Aeris Resources slightly, keeping fair value metrics broadly steady while reflecting marginally lower assumed revenue growth, a small reduction in the discount rate, and a higher future P/E. Together, these changes refine, rather than overhaul, prior valuation views on the stock.
Narrative Update Mar 17

AIS: Recent Equity Raise Will Support Higher Margins And Re rating Potential

Analysts have maintained Aeris Resources' fair value estimate at A$0.79 per share while making modest adjustments to underlying assumptions, including the discount rate, revenue growth, profit margin and future P/E. These changes reflect updated views on the balance between risk, earnings potential and valuation.
Narrative Update Mar 03

AIS: Recent Equity Raise Will Support Higher Margins And Share Upside

Analysts have revised their price target on Aeris Resources higher to A$0.79 from A$0.62, citing updated assumptions that include a fair value of 0.79x, a discount rate of 8.07%, revenue growth of 6.99%, a profit margin of 36.90% and a forward P/E of 5.46x. What's in the News Aeris Resources completed a follow-on equity offering of A$21.586 million in Ordinary Shares, providing additional capital to the business (Key Developments).
Narrative Update Feb 17

AIS: Equity Raise And Improved Margins Will Support Future Upside

Analysts have lifted their fair value estimate for Aeris Resources from A$0.82 to A$0.90, citing updated assumptions around revenue growth, profit margins and future P/E that feed into a slightly higher discount rate. What's in the News Aeris Resources completed a follow on equity offering totaling A$21.586 million in new capital (Key Developments) The offering involved 47,968,834 ordinary shares issued as common stock (Key Developments) The shares in the offering were priced at A$0.45 each (Key Developments) Valuation Changes Fair Value: increased from A$0.82 to A$0.90 per share, reflecting a modest uplift in the overall valuation range.
Narrative Update Feb 03

AIS: Equity Offering And Higher Future P/E Will Shape Balanced Outlook

Analysts have nudged their fair value estimate for Aeris Resources from A$0.58 to about A$0.60, reflecting updated views on discount rates, revenue trends and expected future P/E, while keeping profit margin assumptions broadly steady. What's in the News Aeris Resources completed a follow on equity offering totaling A$21.6m in ordinary shares.
Narrative Update Jan 20

AIS: Equity Raisings And Higher Future P/E Will Shape Balanced Outlook

Analysts have lifted their price target on Aeris Resources from A$0.22 to A$0.58, citing a higher assumed future P/E and updated views on discount rates, revenue trends and profit margins as key drivers of the revision. What's in the News Aeris Resources completed a follow on equity offering of A$21.586m in ordinary shares, issuing 47,968,834 shares at A$0.45 per share (company filing).
Narrative Update Jan 06

AIS: Equity Raises And Higher P/E Assumptions Will Support Future Upside

Analysts have raised their price target for Aeris Resources from A$0.66 to A$0.82, based on updated assumptions that include slightly higher discount rates, stronger revenue growth, a modestly lower profit margin, and a higher future P/E multiple. What's in the News Aeris Resources completed a follow on equity offering of A$21.586m in ordinary shares, issuing 47,968,834 shares at A$0.45 per share (Key Developments).
Narrative Update Dec 14

AIS: Equity Raise May Support Stronger Future Profit Margins

Analysts have significantly raised their price target on Aeris Resources from A0.35 to A0.66, citing improved revenue growth expectations, stronger projected profit margins, and a more attractive future price to earnings multiple, despite a slightly higher discount rate. What's in the News Aeris Resources completed an AUD 80 million follow on equity offering of 177,777,778 ordinary shares at AUD 0.45 per share, including a subsequent direct listing feature (company filing).
Narrative Update Nov 29

AIS: Recent Equity Offerings Will Sustain Profit Margins and Support Future Upside

Analysts have slightly adjusted their price target for Aeris Resources, reflecting a modest change based on updated financial assumptions. The new fair value estimate remains at $0.62 per share.
Narrative Update Nov 15

AIS: Recent Equity Offerings Will Support Higher Profit Margins Ahead

Analysts have raised their fair value estimate for Aeris Resources from $0.60 to $0.62. This change reflects improved projected revenue growth and profit margins, which have positively influenced valuation models.
Analysis Article Nov 14

We Think Some Shareholders May Hesitate To Increase Aeris Resources Limited's (ASX:AIS) CEO Compensation

Key Insights Aeris Resources will host its Annual General Meeting on 21st of November CEO Willie Labuschagne's total...
Narrative Update Nov 01

AIS: Upcoming Equity Offerings Will Support Profit Margin Expansion

Analysts have raised their price target for Aeris Resources from $0.50 to $0.60. They cite improved profit margins and an updated outlook on earnings multiples, despite a downward revision in expected revenue growth.
Narrative Update Oct 17

Murrawombie Pit And Constellation Deposit Will Drive Future Success

Aeris Resources' analyst price target has increased from $0.36 to $0.50 per share. Analysts cite improved profit margins and reduced revenue contraction as primary drivers for the upward revision.
Narrative Update Oct 03

Murrawombie Pit And Constellation Deposit Will Drive Future Success

Aeris Resources' analyst price target has been revised upward from $0.32 to $0.36 per share. This reflects analysts' updated expectations based on improved revenue forecasts and a modestly reduced discount rate, despite a significant shift in projected profit margins and future earnings multiples.
Narrative Update Sep 11

Murrawombie Pit And Constellation Deposit Will Drive Future Success

The sharp increase in Aeris Resources' Net Profit Margin and the substantial decline in its Future P/E ratio indicate markedly improved profitability and valuation, supporting the upward revision of the consensus Analyst Price Target from A$0.294 to A$0.318. Valuation Changes Summary of Valuation Changes for Aeris Resources The Consensus Analyst Price Target has risen from A$0.294 to A$0.318.
Analysis Article Jul 25

Aeris Resources Limited's (ASX:AIS) Price Is Right But Growth Is Lacking After Shares Rocket 31%

Aeris Resources Limited ( ASX:AIS ) shares have had a really impressive month, gaining 31% after a shaky period...
User avatar
New Narrative Apr 30

Murrawombie Pit And Constellation Deposit Will Drive Future Success

Strategic focus on Murrawombie, Tritton, and Constellation operations enhances cash flow, revenue growth, and margins through increased production and operational improvements.
Analysis Article Apr 22

Is Aeris Resources (ASX:AIS) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Mar 25

Aeris Resources Limited (ASX:AIS) Stock Catapults 27% Though Its Price And Business Still Lag The Industry

The Aeris Resources Limited ( ASX:AIS ) share price has done very well over the last month, posting an excellent gain...
Analysis Article Nov 21

Why Investors Shouldn't Be Surprised By Aeris Resources Limited's (ASX:AIS) 26% Share Price Plunge

The Aeris Resources Limited ( ASX:AIS ) share price has softened a substantial 26% over the previous 30 days, handing...
Analysis Article Oct 02

Aeris Resources Limited (ASX:AIS) Stock Catapults 34% Though Its Price And Business Still Lag The Industry

Aeris Resources Limited ( ASX:AIS ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Sep 10

Is Aeris Resources (ASX:AIS) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Aug 05

Aeris Resources Limited (ASX:AIS) Not Doing Enough For Some Investors As Its Shares Slump 27%

Unfortunately for some shareholders, the Aeris Resources Limited ( ASX:AIS ) share price has dived 27% in the last...
Analysis Article Jun 05

Little Excitement Around Aeris Resources Limited's (ASX:AIS) Revenues

With a price-to-sales (or "P/S") ratio of 0.4x Aeris Resources Limited ( ASX:AIS ) may be sending very bullish signals...
Analysis Article Apr 10

Is Aeris Resources (ASX:AIS) Weighed On By Its Debt Load?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 06

Aeris Resources Limited's (ASX:AIS) Share Price Boosted 26% But Its Business Prospects Need A Lift Too

Aeris Resources Limited ( ASX:AIS ) shareholders would be excited to see that the share price has had a great month...
Analysis Article Mar 02

The Aeris Resources Limited (ASX:AIS) Half-Year Results Are Out And Analysts Have Published New Forecasts

Aeris Resources Limited ( ASX:AIS ) investors will be delighted, with the company turning in some strong numbers with...
Analysis Article Dec 30

Aeris Resources Limited (ASX:AIS) Stock Catapults 32% Though Its Price And Business Still Lag The Industry

Aeris Resources Limited ( ASX:AIS ) shareholders are no doubt pleased to see that the share price has bounced 32% in...

CEO Compensation Analysis

How has Willie Labuschagne's remuneration changed compared to Aeris Resources's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025n/an/a

AU$64m

Sep 30 2025n/an/a

AU$54m

Jun 30 2025AU$1mAU$739k

AU$45m

Mar 31 2025n/an/a

AU$35m

Dec 31 2024n/an/a

AU$24m

Sep 30 2024n/an/a

-AU$86k

Jun 30 2024AU$1mAU$739k

-AU$24m

Mar 31 2024n/an/a

-AU$66m

Dec 31 2023n/an/a

-AU$109m

Sep 30 2023n/an/a

-AU$124m

Jun 30 2023AU$1mAU$739k

-AU$140m

Mar 31 2023n/an/a

-AU$99m

Dec 31 2022n/an/a

-AU$58m

Sep 30 2022n/an/a

-AU$26m

Jun 30 2022AU$1mAU$714k

AU$6m

Mar 31 2022n/an/a

AU$18m

Dec 31 2021n/an/a

AU$29m

Sep 30 2021n/an/a

AU$45m

Jun 30 2021AU$2mAU$700k

AU$61m

Mar 31 2021n/an/a

AU$49m

Dec 31 2020n/an/a

AU$36m

Sep 30 2020n/an/a

-AU$1m

Jun 30 2020AU$1mAU$550k

-AU$38m

Mar 31 2020n/an/a

-AU$35m

Dec 31 2019n/an/a

-AU$31m

Sep 30 2019n/an/a

-AU$22m

Jun 30 2019AU$1mAU$548k

-AU$13m

Compensation vs Market: Willie's total compensation ($USD962.57K) is about average for companies of similar size in the Australian market ($USD819.85K).

Compensation vs Earnings: Willie's compensation has increased by more than 20% in the past year.


CEO

Willie Labuschagne (59 yo)

13.5yrs
Tenure
AU$1,371,466
Compensation

Mr. Willie Andre Labuschagne, B.Comm, has been an Independent Non-Executive Director of Magontec Limited since May 04, 2022. He had been a Non-Executive Director of Magontec Limited since January 22, 2014...


Leadership Team

NamePositionTenureCompensationOwnership
Willie Labuschagne
Executive Chairman & CEO13.5yrsAU$1.37m0.59%
A$ 2.7m
Dane Van Heerden
CFO & Company Secretary12.6yrsAU$712.75k0.0094%
A$ 43.3k
Paul Harris
Chief Operating Officer2yrsAU$786.40kno data
Larnie Roberts
Chief People Officer1.5yrsAU$606.93kno data
Cameron Schubert
Chief Technical Officer1.5yrsAU$656.00kno data
Stefan Edelman
General Manager of Corporate Developmentno datano datano data
Sally Mcdow
Joint Company Secretaryless than a yearno datano data
1.8yrs
Average Tenure

Experienced Management: AIS's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Willie Labuschagne
Executive Chairman & CEO13.5yrsAU$1.37m0.59%
A$ 2.7m
Michele Muscillo
Independent Non-Executive Director13.1yrsAU$120.00k0.00039%
A$ 1.8k
Colin Moorhead
Independent Non-Executive Director5.9yrsAU$120.00k0.013%
A$ 58.3k
13.1yrs
Average Tenure

Experienced Board: AIS's board of directors are seasoned and experienced ( 13.1 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/10 08:31
End of Day Share Price 2026/06/10 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Aeris Resources Limited is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
David CoatesBell Potter
Timothy HoffCanaccord Genuity
Mitch RyanJefferies LLC