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AIC Mines Limited ( (AU:A1M) ) has issued an update.
AIC Mines has announced promising new drilling results from the Jericho copper deposit in North Queensland, highlighting high-grade mineralization at depth, which extends beyond current inferred resources. These results underscore the potential of the Jericho deposit and the effectiveness of AIC Mines’ exploration team in understanding mineralization controls, potentially enhancing the company’s resource base and strengthening its position in the copper industry.
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 is an Australian resources company focused on growth through the exploration, development, and acquisition of gold and copper assets in Australia. The company owns the Eloise copper mine, an underground operation in North Queensland, and is advancing a portfolio of exploration projects targeting copper and gold.
Average Trading Volume: 1,714,096
Technical Sentiment Signal: Sell
Current Market Cap: A$190M
See more insights into A1M stock on TipRanks’ Stock Analysis page.