AIC Mines Issues Shares Under Employee Plan

AIC Mines Limited ( (AU:A1M) ) has issued an update.

AIC Mines Limited announced the issuance of 484,946 ordinary fully paid shares under its employee share plan. This move, executed without disclosure under the Corporations Act, signifies the company’s compliance with relevant legal provisions and reflects its ongoing commitment to employee engagement and operational growth.

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 Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the production of copper and other base metals, with a market focus on expanding its mining operations and resource base.

Average Trading Volume: 1,745,200

Technical Sentiment Signal: Sell

Current Market Cap: A$237.1M

See more insights into A1M stock on TipRanks’ Stock Analysis page.