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AIC Mines Limited ( (AU:A1M) ) has provided an announcement.
AIC Mines has announced that the Eloise Copper Mine has exceeded its FY25 production guidance, producing 12,863 tons of copper and 5,955 ounces of gold in concentrate. This marks the second consecutive year that Eloise has met its production targets, highlighting the success of AIC Mines’ investments in operational improvements since acquiring the mine in 2021. The achievement underscores the company’s strategic focus on enhancing operational reliability and expanding production capabilities, which is expected to strengthen its position in the resources industry.
The most recent analyst rating on (AU:A1M) stock is a Buy with a A$0.62 price target. To see the full list of analyst forecasts on AIC Mines Limited stock, see the AU:A1M Stock Forecast page.
More about AIC Mines Limited
AIC Mines is a growth-focused Australian resources company aiming to build a portfolio of gold and copper assets in Australia through exploration, development, and acquisition. The company owns the Eloise Copper Mine, a high-grade operating underground mine located southeast of Cloncurry in North Queensland, and is advancing exploration projects for copper and gold.
Average Trading Volume: 1,880,798
Technical Sentiment Signal: Sell
Current Market Cap: A$219.1M
For detailed information about A1M stock, go to TipRanks’ Stock Analysis page.