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AIC Mines Limited ( (AU:A1M) ) has provided an update.
AIC Mines Limited has announced the issuance of 33,333,135 fully paid ordinary securities, which will be quoted on the ASX under the code A1M. This move is part of previously announced transactions and is expected to enhance the company’s capital structure, potentially impacting its market positioning and offering new opportunities for stakeholders.
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 engaged in the production of minerals and aims to expand its market presence through strategic transactions.
Average Trading Volume: 1,707,898
Technical Sentiment Signal: Sell
Current Market Cap: A$222.7M
See more data about A1M stock on TipRanks’ Stock Analysis page.