TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
AIC Mines Limited ( (AU:A1M) ) has shared an update.
AIC Mines Limited has reported significant operational progress over the past year, with the Eloise mine producing 12,863 tonnes of copper in concentrate, generating substantial revenue and cash flow. The company is advancing its Jericho project and expanding the Eloise processing plant, with all major approvals and financing secured. The next year is expected to be transformative, with increased production targets and plant commissioning set against a backdrop of high copper and gold prices.
The most recent analyst rating on (AU:A1M) stock is a Buy with a A$0.80 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 copper and gold assets. The company is involved in the production of copper concentrate and is actively expanding its operations to enhance production capacity.
Average Trading Volume: 2,470,945
Technical Sentiment Signal: Buy
Current Market Cap: A$378.9M
Find detailed analytics on A1M stock on TipRanks’ Stock Analysis page.