Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
The latest announcement is out from AIC Mines Limited ( (AU:A1M) ).
AIC Mines Limited has announced a significant increase in Ore Reserves at its Jericho and Eloise deposits, with Jericho’s reserves increasing by 77% in copper and 92% in gold, and Eloise’s reserves increasing by 12% in copper and 20% in gold. This robust reserve position supports the expansion of the Eloise processing plant, expected to produce approximately 20,000 tonnes of copper annually from FY27, enhancing the company’s operational capabilities and market positioning.
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. The company owns the Eloise copper mine in North Queensland and is advancing a portfolio of exploration projects for copper and gold.
YTD Price Performance: -15.88%
Average Trading Volume: 13,091
Technical Sentiment Signal: Buy
Current Market Cap: $114.8M
Learn more about A1M stock on TipRanks’ Stock Analysis page.