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An announcement from AIC Mines Limited ( (AU:A1M) ) is now available.
AIC Mines Limited has announced the issuance of 3,785,766 ordinary fully paid shares following the exercise of performance rights under its equity participation plan. This move, approved at the company’s annual general meeting in November 2023, aligns with regulatory compliance and indicates no undisclosed information, potentially strengthening the company’s market position and investor confidence.
The most recent analyst rating on (AU:A1M) stock is a Buy with a A$0.60 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 Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with the extraction and production of various minerals, positioning itself as a significant player in the mining sector.
Average Trading Volume: 1,818,658
Technical Sentiment Signal: Sell
Current Market Cap: A$273.9M
See more data about A1M stock on TipRanks’ Stock Analysis page.