Broker Picks: Small-Cap ASX Shares with Promising Returns in 2024
As we approach the new year, investors eyeing growth opportunities may find promise in the small-cap sector. Bell Potter, a reputable brokerage firm, has identified two small-cap ASX shares with the potential for significant returns in 2024. Let's delve into the insights provided by Bell Potter and explore the growth narratives of these ASX small-cap gems . Image Credit: Pexels 1. Aeris Resources Ltd ( ASX: AIS ): A Copper Miner with Renewed Potential Bell Potter emphasizes the value proposition presented by Aeris Resources, a copper miner that faced challenges in the previous year but has undergone a transformative capital raising. The Tritton Copper Operations in NSW, Cracow Gold Mine in QLD, and Mt Colin Copper Mine in QLD constitute AIS's primary assets. The Tritton copper mine's near-term outlook is particularly compelling, with rising copper grades driving production growth in FY24. Exploration success at Constellation further enhances long-term production prospects. ...