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The latest update is out from AIC Mines Limited ( (AU:A1M) ).
AIC Mines announced successful drilling results from the Jericho copper deposit in Northwest Queensland, extending the known mineralisation of the J1 lens significantly. This development highlights the quality and potential scale of the Jericho system, reinforcing confidence in its long-term growth potential. The deposit, located near the Eloise copper mine, shows mineralisation over a 5-kilometer strike length and remains open in multiple directions, suggesting further exploration opportunities.
The most recent analyst rating on (AU:A1M) stock is a Buy with a A$0.80 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 that aims 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 underground mine in North Queensland, and is advancing a portfolio of exploration projects for copper and gold.
YTD Price Performance: 60.29%
Average Trading Volume: 2,587,892
Technical Sentiment Signal: Buy
Current Market Cap: A$434.7M
For an in-depth examination of A1M stock, go to TipRanks’ Overview page.