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AIC Mines Limited ( (AU:A1M) ) just unveiled an announcement.
AIC Mines announced significant high-grade copper results from drilling at the Jericho copper deposit in North Queensland. The results from the Jolly and Tucker shoots indicate extensive high-grade mineralization, enhancing orebody confidence and potential for further development. This positions AIC Mines to strengthen its operations by increasing resource confidence and proximity to existing processing facilities, potentially benefiting stakeholders by improving production capabilities.
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 a growth-focused Australian resources company specializing in the exploration, development, and acquisition of gold and copper assets in Australia. The company owns the Eloise copper mine, an underground mine in North Queensland, and is advancing various exploration projects for copper and gold.
YTD Price Performance: -5.88%
Average Trading Volume: 1,806,225
Technical Sentiment Signal: Sell
Current Market Cap: A$229.9M
Learn more about A1M stock on TipRanks’ Stock Analysis page.