AIC Mines Limited (AU:A1M)
ASX:A1M
Want to see AU:A1M full AI Analyst Report?
Top Page
AIC Mines Limited
(Sydney:A1M)
Select Model
Select Model
Rating:70Outperform
Price Target:
AU$0.61
▼(-2.26% Downside)
Action:Upgraded
Date:04/18/26
The score is primarily supported by a strong balance sheet with low leverage and improving profitability, plus favorable technical trend signals with price above major moving averages. Offsetting factors are negative free cash flow and significant gross margin compression, which reduce financial flexibility despite earnings improvement. Valuation is a secondary positive due to the low P/E.
Positive Factors
Low leverage / strong balance sheet
A debt-to-equity of 0.16 and strong equity ratio imply conservative leverage, giving durable financial flexibility. This capital structure supports funding operating needs, weathering commodity cycles, and pursuing selective capex or M&A without large refinancing risk.
Negative Factors
Negative free cash flow
Persistent negative free cash flow limits the company's ability to self-finance capex, dividends or debt reduction. Over months this can force external financing, dilute shareholders, or constrain strategic investment, reducing financial resilience in weaker commodity cycles.
Read all positive and negative factors
Positive Factors
Negative Factors
Low leverage / strong balance sheet
A debt-to-equity of 0.16 and strong equity ratio imply conservative leverage, giving durable financial flexibility. This capital structure supports funding operating needs, weathering commodity cycles, and pursuing selective capex or M&A without large refinancing risk.
Read all positive factors
AIC Mines Limited (A1M) vs. iShares MSCI Australia ETF (EWA)
Market Cap
AU$522.44M
Dividend YieldN/A
Average Volume (3M)2.05M
Price to Earnings (P/E)6.6
Beta (1Y)1.86
Revenue Growth13.26%
EPS Growth33.59%
CountryAU
Employees56
SectorBasic Materials
Sector Strength58
IndustryOther Precious Metals
Share Statistics
EPS (TTM)0.03
Shares Outstanding797,619,800
10 Day Avg. Volume2,320,371
30 Day Avg. Volume2,050,483
Financial Highlights & Ratios
PEG Ratio0.19
Price to Book (P/B)0.61
Price to Sales (P/S)0.90
P/FCF Ratio-3.67
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
AU$0.86Price Target Upside39.11% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
EPS Forecast (FY)0.06
Revenue Forecast (FY)AU$253.96M
AIC Mines Limited Business Overview & Revenue Model
Company Description
AIC Mines Limited explores for and develops gold and copper deposits in Australia. It holds a 100% interest in the Marymia project comprising an area of approximately 3,600 square kilometers located in the Eastern Gascoyne region of Western Austra...
How the Company Makes Money
null...
AIC Mines Limited Financial Statement Overview
Summary
Income Statement
65
Positive
Balance Sheet
70
Positive
Cash Flow
55
Neutral
| Breakdown | TTM | Jun 2025 | Jun 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 206.94M | 189.55M | 182.47M | 125.60M | 25.04M | 0.00 |
| Gross Profit | 20.81M | 27.97M | 70.20M | 37.11M | 14.39M | -35.00K |
| EBITDA | 87.89M | 65.45M | 53.09M | 23.48M | 6.17M | -5.92M |
| Net Income | 24.22M | 14.96M | 7.69M | -5.82M | 2.50M | -6.84M |
Balance Sheet | ||||||
| Total Assets | 423.48M | 376.92M | 266.79M | 194.70M | 194.70M | 94.37M |
| Cash, Cash Equivalents and Short-Term Investments | 44.94M | 60.97M | 87.60M | 37.75M | 37.75M | 29.26M |
| Total Debt | 61.41M | 45.30M | 6.99M | 2.83M | 2.83M | 0.00 |
| Total Liabilities | 103.46M | 97.62M | 47.67M | 40.41M | 40.41M | 25.18M |
| Stockholders Equity | 320.02M | 279.30M | 219.11M | 154.29M | 154.29M | 69.19M |
Cash Flow | ||||||
| Free Cash Flow | -39.94M | -46.27M | -13.63M | -36.83M | -33.20M | -21.15M |
| Operating Cash Flow | 100.11M | 66.42M | 51.93M | 22.85M | 26.48M | -5.41M |
| Investing Cash Flow | -133.88M | -101.55M | -66.35M | -50.95M | -50.95M | -12.72M |
| Financing Cash Flow | 49.52M | 37.25M | 57.88M | 30.89M | 30.89M | 31.02M |
AIC Mines Limited Technical Analysis
Positive
0.62
Price Trends
0.58
Positive
0.57
Positive
0.47
Positive
Market Momentum
<0.01
Negative
61.94
Neutral
82.22
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AU:A1M, the sentiment is Positive. The current price of 0.62 is above the 20-day moving average (MA) of 0.52, above the 50-day MA of 0.58, and above the 200-day MA of 0.47, indicating a bullish trend. The MACD of <0.01 indicates Negative momentum. The RSI at 61.94 is Neutral, neither overbought nor oversold. The STOCH value of 82.22 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AU:A1M.
AIC Mines Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
70 Outperform | AU$522.44M | 6.61 | 8.08% | ― | 13.26% | 33.59% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
56 Neutral | AU$430.75M | -19.57 | -4.78% | ― | ― | 19.27% | |
52 Neutral | AU$378.30M | -10.42 | -16.64% | ― | ― | -28.66% | |
46 Neutral | AU$346.34M | -10.61 | -22.04% | ― | ― | -106.06% | |
46 Neutral | AU$784.79M | -3.44 | -31.56% | ― | ― | -20.30% | |
42 Neutral | AU$386.84M | -6.45 | -117.09% | ― | ― | -432.83% |
* Basic Materials Sector Average
AU:A1M
AIC Mines Limited
0.66
0.31
89.86%
AU:MTM
Mt Monger Resources Ltd.
0.53
0.28
114.29%
AU:AZY
Antipa Minerals Limited
0.65
0.15
30.00%
AU:MM8
Medallion Metals Ltd
0.44
0.15
55.36%
AU:FRS
Forrestania Resources Limited
0.61
0.54
908.33%
AU:TOK
Tolu Minerals Limited
1.46
0.65
80.25%
AIC Mines Limited Corporate Events
Cooper Metals Acquires Pyramid Gold Project and Raises Funds for Expanded Exploration
Apr 21, 2026
Cooper Metals Limited has agreed an asset swap with AIC Mines to acquire 100% of the Pyramid Gold Project in North Queensland’s Drummond Basin, a prolific gold district hosting major deposits such as Pajingo and Mount Leyshon. The acquisitio...
AIC Mines Delivers Steady Eloise Output as Resource Base and Expansion Plans Grow
Apr 15, 2026
AIC Mines reported steady output from its Eloise copper mine for the March quarter, producing 3,432 tonnes of copper and 1,692 ounces of gold in concentrate while meeting cost and production guidance. Strong cash generation of $27.7 million was ac...
AIC Mines Sets Date and Investor Call for March Quarter Update
Apr 12, 2026
AIC Mines has scheduled the release of its Quarterly Activities Report for the period ended 31 March 2026 before the ASX market opens on 16 April 2026. The update is intended to brief investors and stakeholders on recent operational and corporate ...
AIC Mines starts major 2026 drilling push at Eloise Regional copper project
Apr 1, 2026
AIC Mines has launched its 2026 exploration drilling campaign at the Eloise Regional Project in North Queensland as the wet season ends, marking the start of an extensive field program near its Eloise copper mine. The program is designed to delive...
AIC Mines lifts copper resources and reserves at Eloise and Jericho
Mar 30, 2026
AIC Mines has reported significant increases in Mineral Resources and Ore Reserves at its Eloise Copper Mine and Jericho Copper Project in North Queensland as at 31 December 2025. The Eloise processing plant now has access to the largest resource ...
AIC Mines Issues Investor Presentation with Extensive Risk and Liability Disclaimers
Mar 24, 2026
AIC Mines Limited has issued an investor presentation titled “An Afternoon with Ords” for March 2026, providing a summary of its activities and directing stakeholders to its ongoing ASX disclosures for complete information. The company...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.