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AIC Mines Limited ( (AU:A1M) ) has shared an update.
AIC Mines Limited announced the issuance of 3,785,766 ordinary fully paid securities, which are set to be quoted on the ASX. This move is part of the company’s strategic efforts to enhance its capital structure and support its ongoing exploration and development initiatives, potentially impacting its operational capacity and market positioning.
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 primarily on the extraction and production of mineral resources. The company is engaged in the exploration and development of mining projects, aiming to expand its portfolio and increase its market presence.
Average Trading Volume: 1,780,616
Technical Sentiment Signal: Sell
Current Market Cap: A$262M
For detailed information about A1M stock, go to TipRanks’ Stock Analysis page.