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AIC Mines Limited ( (AU:A1M) ) has shared an announcement.
AIC Mines Limited has announced a proposed issue of 33,333,333 ordinary fully paid securities under a securities purchase plan. This move is part of their strategy to raise capital, which could impact their operational capabilities and market positioning, potentially 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 primarily deals with the extraction and production of metals and minerals, positioning itself as a key player in the mining sector.
Average Trading Volume: 1,672,589
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$201.5M
Learn more about A1M stock on TipRanks’ Stock Analysis page.