AIC Mines (HLS) 주식 개요AIC Mines Limited는 호주에서 광물 자산을 탐사, 인수 및 개발하는 회사입니다. 자세히 보기HLS 펀더멘털 분석스노우플레이크 점수가치 평가3/6미래 성장6/6과거 실적4/6재무 건전성5/6배당0/6강점공정 가치 추정치보다 낮은 74.1% 에서 거래수익은 매년 28.17% 증가할 것으로 예상됩니다.지난 1년간 수익이 78.7% 증가했습니다.위험 분석지난 1년 동안 주주가 크게 희석되었습니다.높은 수준의 비현금 수입지난 3개월 동안 주가 변동성이 German 시장과 비교해 높았습니다.모든 위험 점검 보기HLS Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value€Current Price€0.3512.5% 저평가 내재 할인율Growth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-8m519m2016201920222025202620282031Revenue AU$519.1mEarnings AU$60.8mAdvancedSet Fair ValueView all narrativesFeatured narrative•Materials opportunityUpside Gold2 months ago author updated this narrativeSTFair Value from stuart_robertsCA$5.0768.0% 저평가 내재 할인율An Undervalued 3.3Moz Gold Project in CanadaKey takeaways Upside Gold is developing the Kena Gold Project, near the town of Nelson in the Kootenays region of southern British Columbia. Kena hosts a historical gold resource of 3.33 million ounces (561,000 ounces Indicated and 2.77 million ounces Inferred) across a 10,200-hectare land package.Read full narrative15.1kusers have viewed this narrative42users have liked this narrative1users have commented on this narrative287users have followed this narrativeRead narrativeAIC Mines Limited 경쟁사Eisen- und HüttenwerkeSymbol: DB:EISMarket cap: €260.5mUzin UtzSymbol: XTRA:UZUMarket cap: €350.1mSIMONASymbol: DB:SIM0Market cap: €342.0mSto SE KGaASymbol: XTRA:STO3Market cap: €641.3m가격 이력 및 성과AIC Mines 주가의 최고가, 최저가 및 변동 요약과거 주가현재 주가AU$0.3552주 최고가AU$0.4552주 최저가AU$0.15베타0.131개월 변동12.90%3개월 변동15.89%1년 변동87.17%3년 변동68.27%5년 변동118.75%IPO 이후 변동80.41%최근 뉴스 및 업데이트공지 • Apr 13AIC Mines Limited to Report Q3, 2026 Results on Apr 16, 2026AIC Mines Limited announced that they will report Q3, 2026 results Pre-Market on Apr 16, 2026공지 • Jan 22AIC Mines Limited to Report Q2, 2026 Results on Jan 29, 2026AIC Mines Limited announced that they will report Q2, 2026 results Pre-Market on Jan 29, 2026공지 • Oct 13AIC Mines Limited to Report Q1, 2026 Final Results on Oct 16, 2025AIC Mines Limited announced that they will report Q1, 2026 final results Pre-Market on Oct 16, 2025공지 • Sep 15AIC Mines Limited, Annual General Meeting, Nov 19, 2025AIC Mines Limited, Annual General Meeting, Nov 19, 2025.공지 • Jul 17AIC Mines Limited to Report Q4, 2025 Results on Jul 21, 2025AIC Mines Limited announced that they will report Q4, 2025 results Pre-Market on Jul 21, 2025공지 • Jun 24AIC Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 55 million.AIC Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 55 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 142,800,000 Price\Range: AUD 0.3 Discount Per Security: AUD 0.015 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 40,533,334 Price\Range: AUD 0.3 Discount Per Security: AUD 0.015 Transaction Features: Subsequent Direct Listing더 많은 업데이트 보기Recent updates공지 • Apr 13AIC Mines Limited to Report Q3, 2026 Results on Apr 16, 2026AIC Mines Limited announced that they will report Q3, 2026 results Pre-Market on Apr 16, 2026공지 • Jan 22AIC Mines Limited to Report Q2, 2026 Results on Jan 29, 2026AIC Mines Limited announced that they will report Q2, 2026 results Pre-Market on Jan 29, 2026공지 • Oct 13AIC Mines Limited to Report Q1, 2026 Final Results on Oct 16, 2025AIC Mines Limited announced that they will report Q1, 2026 final results Pre-Market on Oct 16, 2025공지 • Sep 15AIC Mines Limited, Annual General Meeting, Nov 19, 2025AIC Mines Limited, Annual General Meeting, Nov 19, 2025.공지 • Jul 17AIC Mines Limited to Report Q4, 2025 Results on Jul 21, 2025AIC Mines Limited announced that they will report Q4, 2025 results Pre-Market on Jul 21, 2025공지 • Jun 24AIC Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 55 million.AIC Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 55 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 142,800,000 Price\Range: AUD 0.3 Discount Per Security: AUD 0.015 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 40,533,334 Price\Range: AUD 0.3 Discount Per Security: AUD 0.015 Transaction Features: Subsequent Direct Listing공지 • Jun 21+ 1 more updateAIC Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 10 million.AIC Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 10 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 33,333,333 Price\Range: AUD 0.3공지 • Apr 24AIC Mines Limited to Report Q3, 2025 Results on Apr 29, 2025AIC Mines Limited announced that they will report Q3, 2025 results Pre-Market on Apr 29, 2025공지 • Apr 10AIC Mines Limited Announces CFO ChangesAIC Mines announced the appointment of John Callagher as its new CFO, effective 12 May 2025 following the resignation of Michael Frame. Mr. Frame will stay with the Company until 1 July 2025. Mr. Frame joined AIC Mines as CFO in December 2021, a pivotal period for the Company following the acquisition of the Eloise copper mine. His involvement with the integration and improvement in commercial and financial procedures at Eloise was paramount to the success of the acquisition and the operation's ongoing growth. Mr. Frame leaves AIC Mines with robust financial reporting and budgeting procedures and a strong finance team. Mr. Callagher was previously CFO at Aurora Healthcare and General Manager Finance at Whitehaven Coal prior to that. He brings over 25 years of financial and commercial experience spanning statutory reporting and audit, tax, mergers and acquisitions, and business governance.공지 • Oct 15AIC Mines Limited to Report Q1, 2025 Results on Oct 17, 2024AIC Mines Limited announced that they will report Q1, 2025 results Pre-Market on Oct 17, 2024공지 • Sep 25AIC Mines Limited, Annual General Meeting, Nov 20, 2024AIC Mines Limited, Annual General Meeting, Nov 20, 2024.Reported Earnings • Aug 22Full year 2024 earnings released: EPS: AU$0.016 (vs AU$0.015 loss in FY 2023)Full year 2024 results: EPS: AU$0.016 (up from AU$0.015 loss in FY 2023). Revenue: AU$180.5m (up 44% from FY 2023). Net income: AU$7.69m (up AU$13.5m from FY 2023). Profit margin: 4.3% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year.New Risk • Jul 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (25% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.0% net profit margin). Shareholders have been diluted in the past year (24% increase in shares outstanding).New Risk • Jun 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). Shareholders have been diluted in the past year (24% increase in shares outstanding).공지 • May 26AIC Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 57.2 million.AIC Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 57.2 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 110,000,000 Price\Range: AUD 0.52 Transaction Features: Subsequent Direct Listing공지 • May 24AIC Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 57.2 million.AIC Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 57.2 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 110,000,000 Price\Range: AUD 0.52 Transaction Features: Subsequent Direct ListingRecent Insider Transactions • Mar 03Independent Non-Executive Director recently sold €126k worth of stockOn the 29th of February, Brett Montgomery sold around 700k shares on-market at roughly €0.18 per share. This transaction amounted to 97% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €99k more than they bought in the last 12 months.Reported Earnings • Feb 26First half 2024 earnings released: EPS: AU$0.005 (vs AU$0.001 loss in 1H 2023)First half 2024 results: EPS: AU$0.005 (up from AU$0.001 loss in 1H 2023). Revenue: AU$91.0m (up 34% from 1H 2023). Net income: AU$2.23m (up AU$2.84m from 1H 2023). Profit margin: 2.4% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.공지 • Jan 24+ 1 more updateAIC Mines Limited Provides Production Guidance for the First Quarter 2024AIC Mines Limited provided production guidance for the first quarter 2024. For the quarter, the company expects Production of approximately 3,000t- 3,200t Cu and 1,500oz Au in concentrate is targeted in the March 2024 Quarter.공지 • Dec 02AIC Mines Limited Announces Outstanding Drilling Results from the Jumbuck, Squatter and Billabong Shoots At the Jericho Copper ProjectAIC Mines Limited announced outstanding drilling results from the Jumbuck, Squatter and Billabong shoots at the Jericho Copper Project. The Jericho copper deposit is located 4 kilometres south of the Eloise Copper Mine and processing plant. Jericho mine development studies and Eloise processing plant expansion studies are currently underway. Development is expected to commence in 2024 subject to permitting. The Jericho deposit currently has a strike length of 2.3 kilometres. It commences at approximately 50m below surface and extends to a vertical depth of 550m below surface. It occurs in two parallel lenses - J1 and J2 with higher grade shoots within these lenses, namely Jumbuck, Matilda, Billabong and now Squatter. Mineralisation remains open along strike and at depth. Resource Extension and Definition Drilling: A diamond and reverse circulation ("RC") drilling program targeting extensions to the Jericho resource and infill of high-priority areas of the Jericho resource was completed in September 2023. A total of 38 diamond holes for 9,334m and 42 reverse circulation (RC) holes for 7,357m were completed. All of the assay results have now been received. The aim of the drilling was to: Convert higher-grade areas of the Inferred Resource above the -100mRL to Indicated Resource category via a drill spacing of 50m by 50m; Investigate strike extensions, both north and south, along the J1 and J2 Lenses; Test the down-plunge continuation of the high-grade Jumbuck shoot; and Test the Jericho North target. All of these aims have been achieved. The results will be used to update the Jericho Mineral Resource and Ore Reserves estimates and also further optimise the current mine plan. Jumbuck: Resource extension drilling has successfully traced the high-grade Jumbuck shoot a further 200m down-plunge. Significant intercepts include: JEDD024 - 5.5m (3.8m ETW) grading 1.45% Cu, 0.19g/t Au and 2.07g/t Ag from 506.55m; and JEDD034 - 7.4m (4.8m ETW) grading 3.30% Cu, 0.44g/t Au and 4.45g/t Ag from 487.85m The Jumbuck shoot is now defined to a vertical depth of 500m below surface and remains open at depth. In addition, resource definition drilling at Jumbuck has successfully extended the zone of high-grade mineralisation below the current Ore Reserve limits. Significant intercepts include: JEDD030 - 6.5m (4.5m ETW) grading 2.65% Cu, 0.67g/t Au and 4.07g/t Ag from 246.0m; JEDD031 - 5.6m (3.1m ETW) grading 2.50% Cu, 0.32g/t Au and 2.34g/t Ag from 254.65m; JERC041 - 6.0m (3.8m ETW) grading 2.70% Cu, 0.96g/t Au and 2.68g/t Ag from 75m; and JERC042 - 5.0m (2.7m ETW) grading 3.10% Cu, 2.91g/t Au and 4.80g/t Ag from 102m. Squatter: Drilling between the Jumbuck and Matilda shoots has returned high-grade results. In particular, the area south of Matilda and above the 0mRL has returned several high-grade intercepts, within a larger mineralised envelope, defining what is now termed the Squatter shoot. Significant intercepts include: JERC032 - 3.0m (2.2m ETW) grading 2.50% Cu, 0.51g/t Au and 2.33g/t Ag from 132m; and JERC033 - 3.0m (2.0m ETW) grading 3.50% Cu, 0.30g/t Au and 3.17g/t Ag from 168m. Billabong: Resource definition drilling of the Billabong shoot has extended the higher-grade zone above the 0mRL and also intersected thicker zones of mineralisation. Significant intercepts include: JERC034 - 18.0m (10.5m ETW) grading 1.40% Cu, 0.11g/t Au and 1.76g/t Ag from 133m; including 3.0m (2.4m ETW) grading 2.30% Cu, 0.13g/t Au and 3.0g/t Ag from 148m; JERC035 - 2.0m (1.4m ETW) grading 2.40% Cu, 0.33g/t Au and 2.95g/t Au from 204m; JERC037 - 10.0m (6.9m ETW) grading 1.30% Cu, 0.28g/t Au and 1.41g/t Ag from 160m; and including 2.0m (1.3m ETW) grading 2.90% Cu, 0.38g/t Au and 3.20g/t Ag from 165m.공지 • Nov 29AIC Mines Limited Reports Updated Mineral Resource and Ore Reserve (‘Mror’) Estimates for the Lens 6 Deposit At Its Eloise Copper MineAIC Mines Limited reported updated Mineral Resource and Ore Reserve (‘MROR’) estimates for the Lens 6 deposit at its Eloise Copper Mine. Lens 6 Mineral Resources: Since reporting the initial Lens 6 MROR estimate as at 31 December 2022, AIC Mines has completed another 39 drillholes for 7,818 metres. The drilling has extended the high-grade mineralisation by 200m above the 31 December 2022 Mineral Resource limits and has delivered a significant increase in the Mineral Resource. The Lens 6 Mineral Resources have increased to 34,200 tonnes of contained copper and 27,100 ounces of contained gold, representing a 74% increase in copper and a 56% increase in gold compared to the 31 December 2022 estimate. Lens 6 Ore Reserves: Similar to the outcome with Mineral Resources, infill drilling at Lens 6 has delivered a significant increase in the Ore Reserve estimate in terms of ore tonnes and contained copper, gold and silver. The Ore Reserves for Lens 6 have increased to 22,300 tonnes of contained copper and 18,100 ounces of contained gold, representing a 119% increase in copper and a 101% increase in gold compared to the 31 December 2022 estimate. Ongoing Exploration and Resource Definition Drilling: The Lens 6 Mineral Resource remains open up and down dip. There is no drilling between the top of the Lens 6 resource (z200 Level) and the Levuka Upper zone (100mRL), a gap of 300m vertical metres. AIC Mines has planned a step-out drill program, on 100m spacings, to test the up-dip continuation of the Lens 6 mineralisation as well as DHEM (Down Hole Electromagnetic) surveys. This campaign is scheduled to be drilled from drill platforms on the 0m Level and z100 Level during the second half of Fiscal Year 24. Ongoing evaluation of the Eloise drillhole database continues to identify opportunities for Mineral Resource and Ore Reserve growth. AIC Mines currently has two drill rigs underground at Eloise. One rig is dedicated to exploration drilling to the east and west of the mine workings. The other rig is focused on Mineral Resource and Ore Reserve definition drilling. Lens 6 demonstrates the potential for additional mineralisation in the east and west corridors. The in-mine EM loop, currently under construction at Eloise, will be a rapid, cost-effective way of testing large undrilled areas deeper in the mine for parallel lenses and structural offsets of known lenses. Underground Development and Mine Planning: Underground development into Lens 6 commenced in September 2023 from the z275 and z305 Levels and first development ore was mined in October 2023. A total of 157m of access and ore development has since been completed. Being immediately adjacent to active mine workings, no new capital infrastructure is required for Lens 6 development and production. The Lens 6 mining method will be a bottom-up modified Avoca method upwards from the z305 and longitudinal sublevel caving method downward from z305 post completion of the upward sequence. The selected stoping methods provide operational flexibility given the deposit is open both up and down dip. Stoping in Lens 6 is due to commence in the June 2024 Quarter.Buying Opportunity • Oct 18Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 25%. The fair value is estimated to be €0.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 152% over the last 3 years. Meanwhile, the company became loss making.공지 • Sep 27AIC Mines Limited, Annual General Meeting, Nov 22, 2023AIC Mines Limited, Annual General Meeting, Nov 22, 2023.Recent Insider Transactions • Aug 29Independent Non-Executive Director recently bought €93k worth of stockOn the 24th of August, Brett Montgomery bought around 443k shares on-market at roughly €0.21 per share. This transaction increased Brett's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €124k more in shares than they have sold in the last 12 months.Reported Earnings • Aug 24Full year 2023 earnings released: AU$0.015 loss per share (vs AU$0.14 profit in FY 2022)Full year 2023 results: AU$0.015 loss per share (down from AU$0.14 profit in FY 2022). Revenue: AU$125.6m (down 21% from FY 2022). Net loss: AU$5.82m (down 114% from profit in FY 2022). Revenue is forecast to grow 20% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.New Risk • Aug 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.5m (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 13% per year for the foreseeable future. High level of non-cash earnings (183% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (48% increase in shares outstanding). Market cap is less than US$100m (€90.5m market cap, or US$98.9m).Buying Opportunity • Jun 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €0.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 185% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings is forecast to decline by 16% per annum over the same time period.공지 • Feb 06AIC Mines Limited Announces Results of Its Re-Estimate of the Jericho Mineral ResourceAIC Mines Limited announce the results of its re-estimate of the Jericho Mineral Resource following completion of the takeover of Demetallica Limited (‘Demetallica’). The AIC Mines estimate uses a higher cut-off grade than that used by Demetallica (1.0% Cu compared to 0.85% Cu) and is constrained within optimised stope shapes to better reflect the proposed mining method. The new estimate is more robust and better suited to mine planning. The outcome is in-line with expectations based on work previously conducted by AIC Mines as part of its acquisition due diligence. Jericho Mineral Resources are estimated at 9.8 million tonnes grading 1.8% copper and 0.4g/t gold containing 180,000 tonnes of copper and 110,600 ounces of gold. The Mineral Resource remains open both along strike and depth. The Mineral Resource is constrained by drilling to a vertical depth of 550m below surface. This compares to the Eloise deposit which is known to extend to 1,800m below surface. Jericho plus Eloise combined Mineral Resources now total 14.6 million tonnes grading 2.0% copper and 0.6g/t gold containing 295,000 tonnes of copper and 210,700 ounces of gold. Having received full access to the Jericho drillhole database following completion of the takeover of Demetallica, AIC Mines has completed a new Mineral Resource estimate using similar estimation practices and assumptions to those used at its Eloise mine. The Jericho deposit is located approximately 4km south of the Eloise mine and exhibits similar geological, mining and metallurgical characteristics to the Eloise mine. The Mineral Resource estimate is based on a long-term copper price of AUD 10,500/t and is reported and classified in accordance with the JORC Code (2012). The Jericho Mineral Resource has a strike length of over 2.3 kilometres, commencing at 50m below the surface level (BSL) and extends to a vertical depth of 550m BSL. High grade mineralisation (>2% Cu) has a shallow 30O north plunge and is open at depth. There is opportunity to extend the high-grade mineralisation along strike and at depth with additional drilling. Compared to the previous Mineral Resource Estimate conducted by Demetallica, the AIC Mines Mineral Resource Estimate contains less tonnes at a higher grade for an overall slight decrease in contained copper, gold and silver. The differences between the two estimates are due to: · An economic cut-off grade of 1% Cu was used for the new estimate. The previous estimate used an economic cut-off grade of 0.85% Cu. · Reassessment of the geological interpretation using the same structural framework observed and mined at the Eloise underground mine, resulted in mineralised lenses being more tightly constrained. · Datamine MSO stope optimiser software was used to identify resource blocks that met the criteria of reasonable prospect for eventual economic extraction (RPEEE). This was not undertaken previously. · Evaluation of minimum mining width. This was not undertaken previously. Development of the Jericho deposit will be transformational for Eloise. It offers the potential to: · increase mine life to over 10 years · increase annual production to over 20,000t Cu and 10,000oz Au in concentrate (a 60% increase on current production rate) · reduce reliance on the Eloise Deeps thereby de-risking ore production · reduce AISC through economies of scale Environmental permitting work has commenced. This work is being led by specialist consultants Epic Environmental in partnership with Engeny. Mining studies to commence this week following the engagement of Orelogy Ltd. A processing plant expansion optimisation study is due to commence shortly following the engagement of GR Engineering Services. The aim of the optimisation study is to decide the optimum processing plant expansion (from current 750ktpa capacity) expected to be in the range of 1.0 - 1.4Mtpa. Current expectations are that development of the Jericho mine could commence early in CY24 with first ore accessed early in CY25. AIC Mines is however closely monitoring the current operating environment and cost inflation pressures to decide the best timing and strategy for developing the Jericho mine and expanding the Eloise processing plant. A program of resource definition (infill) and extension drilling is being planned for Jericho. Resource definition drilling to upgrade Inferred Resources to Indicated Resources will provide a larger base for ultimate conversion to Probable Reserves. Extension drilling is expected to extend the known high-grade lenses at depth and drilling along strike has the potential to locate additional high-grade lenses. The Jericho resource is currently constrained by drilling to a vertical depth of 550m below surface. This compares to the Eloise deposit which is known to extend to 1,800m below surface. There is approximately 7.8Mt of Mineral Inventory at Jericho (above a 1% Cu cut-off and within optimised stope shapes) that is insufficiently drilled to qualify as Inferred Resource. This inventory provides an excellent opportunity to extend the Jericho Mineral Resource with infill drilling.공지 • Jan 31AIC Mines Limited Announces Management ChangesAIC Mines Limited announced the appointment of Ms. Linda Hale as a Non-Executive Director of the company effective 1 February 2023. Ms. Hale has more than 30 years' experience in the financial services and mining sectors. Previous roles have included Executive Director of Finance and Administration, Company Secretary and consulting in organisational change and project management. Ms. Hale holds a Bachelor of Business Degree, is a Member of CPA Australia and a Member of The Australian Institute of Company Directors. Ms. Hale has resigned as AIC Mines' Company Secretary, effective January 31, 2023, having served in that role since February 2020. The company also announced that Mr. Tony Wolfe has advised that he will retire as a Director of the Company effective from today. Mr. Wolfe has been a Non- Executive Director since November 2016 (initially Intrepid Mines Limited).Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Brett Montgomery was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Jon Young was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Nov 09No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Non-Executive Director Tony Wolfe is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.Is New 90 Day High Low • Oct 12New 90-day high: €0.24The company is up 30% from its price of €0.19 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 4.0% over the same period.주주 수익률HLSDE Metals and MiningDE 시장7D0%3.9%-0.02%1Y87.2%61.4%0.1%전체 주주 수익률 보기수익률 대 산업: HLS은 지난 1년 동안 61.4%의 수익을 기록한 German Metals and Mining 산업보다 더 좋은 성과를 냈습니다.수익률 대 시장: HLS은 지난 1년 동안 0.1%를 기록한 German 시장보다 더 좋은 성과를 냈습니다.주가 변동성Is HLS's price volatile compared to industry and market?HLS volatilityHLS Average Weekly Movement12.4%Metals and Mining Industry Average Movement10.5%Market Average Movement6.0%10% most volatile stocks in DE Market13.2%10% least volatile stocks in DE Market2.6%안정적인 주가: HLS의 주가는 지난 3개월 동안 German 시장보다 변동성이 컸습니다.시간에 따른 변동성: HLS의 주간 변동성(12%)은 지난 1년 동안 안정적이었지만 German 종목 중 상위 75%보다 높습니다.회사 소개설립직원 수CEO웹사이트1993n/aAaron Colleranwww.aicmines.com.auAIC Mines Limited는 호주에서 광물 자산의 탐사, 인수 및 개발 사업을 하고 있습니다. 이 회사는 광업 부문과 탐사 및 기업 부문의 두 가지 부문으로 운영됩니다. 이 회사는 금, 구리, 니켈, 은, 아연 매장지를 탐사합니다.더 보기AIC Mines Limited 기초 지표 요약AIC Mines의 순이익과 매출은 시가총액과 어떻게 비교됩니까?HLS 기초 통계시가총액€296.80m순이익 (TTM)€14.90m매출 (TTM)€127.28m19.9x주가수익비율(P/E)2.3x주가매출비율(P/S)HLS는 고평가되어 있습니까?공정 가치 및 평가 분석 보기순이익 및 매출최근 실적 보고서(TTM)의 주요 수익성 지표HLS 손익계산서 (TTM)매출AU$206.94m매출원가AU$103.15m총이익AU$103.79m기타 비용AU$79.57m순이익AU$24.22m최근 보고된 실적Dec 31, 2025다음 실적 발표일해당 없음주당순이익(EPS)0.03총이익률50.15%순이익률11.70%부채/자본 비율4.4%HLS의 장기 실적은 어땠습니까?과거 실적 및 비교 보기View Valuation기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/07 15:37종가2026/05/07 00:00수익2025/12/31연간 수익2025/06/30데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스AIC Mines Limited는 10명의 분석가가 다루고 있습니다. 이 중 6명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Daniel MorganBarrenjoey Markets Pty LimitedOlivia HagglundBell PotterDavid CoatesBell Potter7명의 분석가 더 보기
Featured narrative•Materials opportunityUpside Gold2 months ago author updated this narrativeSTFair Value from stuart_robertsCA$5.0768.0% 저평가 내재 할인율An Undervalued 3.3Moz Gold Project in CanadaKey takeaways Upside Gold is developing the Kena Gold Project, near the town of Nelson in the Kootenays region of southern British Columbia. Kena hosts a historical gold resource of 3.33 million ounces (561,000 ounces Indicated and 2.77 million ounces Inferred) across a 10,200-hectare land package.Read full narrative15.1kusers have viewed this narrative42users have liked this narrative1users have commented on this narrative287users have followed this narrativeRead narrative
공지 • Apr 13AIC Mines Limited to Report Q3, 2026 Results on Apr 16, 2026AIC Mines Limited announced that they will report Q3, 2026 results Pre-Market on Apr 16, 2026
공지 • Jan 22AIC Mines Limited to Report Q2, 2026 Results on Jan 29, 2026AIC Mines Limited announced that they will report Q2, 2026 results Pre-Market on Jan 29, 2026
공지 • Oct 13AIC Mines Limited to Report Q1, 2026 Final Results on Oct 16, 2025AIC Mines Limited announced that they will report Q1, 2026 final results Pre-Market on Oct 16, 2025
공지 • Sep 15AIC Mines Limited, Annual General Meeting, Nov 19, 2025AIC Mines Limited, Annual General Meeting, Nov 19, 2025.
공지 • Jul 17AIC Mines Limited to Report Q4, 2025 Results on Jul 21, 2025AIC Mines Limited announced that they will report Q4, 2025 results Pre-Market on Jul 21, 2025
공지 • Jun 24AIC Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 55 million.AIC Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 55 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 142,800,000 Price\Range: AUD 0.3 Discount Per Security: AUD 0.015 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 40,533,334 Price\Range: AUD 0.3 Discount Per Security: AUD 0.015 Transaction Features: Subsequent Direct Listing
공지 • Apr 13AIC Mines Limited to Report Q3, 2026 Results on Apr 16, 2026AIC Mines Limited announced that they will report Q3, 2026 results Pre-Market on Apr 16, 2026
공지 • Jan 22AIC Mines Limited to Report Q2, 2026 Results on Jan 29, 2026AIC Mines Limited announced that they will report Q2, 2026 results Pre-Market on Jan 29, 2026
공지 • Oct 13AIC Mines Limited to Report Q1, 2026 Final Results on Oct 16, 2025AIC Mines Limited announced that they will report Q1, 2026 final results Pre-Market on Oct 16, 2025
공지 • Sep 15AIC Mines Limited, Annual General Meeting, Nov 19, 2025AIC Mines Limited, Annual General Meeting, Nov 19, 2025.
공지 • Jul 17AIC Mines Limited to Report Q4, 2025 Results on Jul 21, 2025AIC Mines Limited announced that they will report Q4, 2025 results Pre-Market on Jul 21, 2025
공지 • Jun 24AIC Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 55 million.AIC Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 55 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 142,800,000 Price\Range: AUD 0.3 Discount Per Security: AUD 0.015 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 40,533,334 Price\Range: AUD 0.3 Discount Per Security: AUD 0.015 Transaction Features: Subsequent Direct Listing
공지 • Jun 21+ 1 more updateAIC Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 10 million.AIC Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 10 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 33,333,333 Price\Range: AUD 0.3
공지 • Apr 24AIC Mines Limited to Report Q3, 2025 Results on Apr 29, 2025AIC Mines Limited announced that they will report Q3, 2025 results Pre-Market on Apr 29, 2025
공지 • Apr 10AIC Mines Limited Announces CFO ChangesAIC Mines announced the appointment of John Callagher as its new CFO, effective 12 May 2025 following the resignation of Michael Frame. Mr. Frame will stay with the Company until 1 July 2025. Mr. Frame joined AIC Mines as CFO in December 2021, a pivotal period for the Company following the acquisition of the Eloise copper mine. His involvement with the integration and improvement in commercial and financial procedures at Eloise was paramount to the success of the acquisition and the operation's ongoing growth. Mr. Frame leaves AIC Mines with robust financial reporting and budgeting procedures and a strong finance team. Mr. Callagher was previously CFO at Aurora Healthcare and General Manager Finance at Whitehaven Coal prior to that. He brings over 25 years of financial and commercial experience spanning statutory reporting and audit, tax, mergers and acquisitions, and business governance.
공지 • Oct 15AIC Mines Limited to Report Q1, 2025 Results on Oct 17, 2024AIC Mines Limited announced that they will report Q1, 2025 results Pre-Market on Oct 17, 2024
공지 • Sep 25AIC Mines Limited, Annual General Meeting, Nov 20, 2024AIC Mines Limited, Annual General Meeting, Nov 20, 2024.
Reported Earnings • Aug 22Full year 2024 earnings released: EPS: AU$0.016 (vs AU$0.015 loss in FY 2023)Full year 2024 results: EPS: AU$0.016 (up from AU$0.015 loss in FY 2023). Revenue: AU$180.5m (up 44% from FY 2023). Net income: AU$7.69m (up AU$13.5m from FY 2023). Profit margin: 4.3% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Metals and Mining industry in Europe. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 12% per year.
New Risk • Jul 25New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). High level of non-cash earnings (25% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (1.0% net profit margin). Shareholders have been diluted in the past year (24% increase in shares outstanding).
New Risk • Jun 02New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 24% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (25% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (9.4% average weekly change). Profit margins are more than 30% lower than last year (1.0% net profit margin). Shareholders have been diluted in the past year (24% increase in shares outstanding).
공지 • May 26AIC Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 57.2 million.AIC Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 57.2 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 110,000,000 Price\Range: AUD 0.52 Transaction Features: Subsequent Direct Listing
공지 • May 24AIC Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 57.2 million.AIC Mines Limited has filed a Follow-on Equity Offering in the amount of AUD 57.2 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 110,000,000 Price\Range: AUD 0.52 Transaction Features: Subsequent Direct Listing
Recent Insider Transactions • Mar 03Independent Non-Executive Director recently sold €126k worth of stockOn the 29th of February, Brett Montgomery sold around 700k shares on-market at roughly €0.18 per share. This transaction amounted to 97% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €99k more than they bought in the last 12 months.
Reported Earnings • Feb 26First half 2024 earnings released: EPS: AU$0.005 (vs AU$0.001 loss in 1H 2023)First half 2024 results: EPS: AU$0.005 (up from AU$0.001 loss in 1H 2023). Revenue: AU$91.0m (up 34% from 1H 2023). Net income: AU$2.23m (up AU$2.84m from 1H 2023). Profit margin: 2.4% (up from net loss in 1H 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
공지 • Jan 24+ 1 more updateAIC Mines Limited Provides Production Guidance for the First Quarter 2024AIC Mines Limited provided production guidance for the first quarter 2024. For the quarter, the company expects Production of approximately 3,000t- 3,200t Cu and 1,500oz Au in concentrate is targeted in the March 2024 Quarter.
공지 • Dec 02AIC Mines Limited Announces Outstanding Drilling Results from the Jumbuck, Squatter and Billabong Shoots At the Jericho Copper ProjectAIC Mines Limited announced outstanding drilling results from the Jumbuck, Squatter and Billabong shoots at the Jericho Copper Project. The Jericho copper deposit is located 4 kilometres south of the Eloise Copper Mine and processing plant. Jericho mine development studies and Eloise processing plant expansion studies are currently underway. Development is expected to commence in 2024 subject to permitting. The Jericho deposit currently has a strike length of 2.3 kilometres. It commences at approximately 50m below surface and extends to a vertical depth of 550m below surface. It occurs in two parallel lenses - J1 and J2 with higher grade shoots within these lenses, namely Jumbuck, Matilda, Billabong and now Squatter. Mineralisation remains open along strike and at depth. Resource Extension and Definition Drilling: A diamond and reverse circulation ("RC") drilling program targeting extensions to the Jericho resource and infill of high-priority areas of the Jericho resource was completed in September 2023. A total of 38 diamond holes for 9,334m and 42 reverse circulation (RC) holes for 7,357m were completed. All of the assay results have now been received. The aim of the drilling was to: Convert higher-grade areas of the Inferred Resource above the -100mRL to Indicated Resource category via a drill spacing of 50m by 50m; Investigate strike extensions, both north and south, along the J1 and J2 Lenses; Test the down-plunge continuation of the high-grade Jumbuck shoot; and Test the Jericho North target. All of these aims have been achieved. The results will be used to update the Jericho Mineral Resource and Ore Reserves estimates and also further optimise the current mine plan. Jumbuck: Resource extension drilling has successfully traced the high-grade Jumbuck shoot a further 200m down-plunge. Significant intercepts include: JEDD024 - 5.5m (3.8m ETW) grading 1.45% Cu, 0.19g/t Au and 2.07g/t Ag from 506.55m; and JEDD034 - 7.4m (4.8m ETW) grading 3.30% Cu, 0.44g/t Au and 4.45g/t Ag from 487.85m The Jumbuck shoot is now defined to a vertical depth of 500m below surface and remains open at depth. In addition, resource definition drilling at Jumbuck has successfully extended the zone of high-grade mineralisation below the current Ore Reserve limits. Significant intercepts include: JEDD030 - 6.5m (4.5m ETW) grading 2.65% Cu, 0.67g/t Au and 4.07g/t Ag from 246.0m; JEDD031 - 5.6m (3.1m ETW) grading 2.50% Cu, 0.32g/t Au and 2.34g/t Ag from 254.65m; JERC041 - 6.0m (3.8m ETW) grading 2.70% Cu, 0.96g/t Au and 2.68g/t Ag from 75m; and JERC042 - 5.0m (2.7m ETW) grading 3.10% Cu, 2.91g/t Au and 4.80g/t Ag from 102m. Squatter: Drilling between the Jumbuck and Matilda shoots has returned high-grade results. In particular, the area south of Matilda and above the 0mRL has returned several high-grade intercepts, within a larger mineralised envelope, defining what is now termed the Squatter shoot. Significant intercepts include: JERC032 - 3.0m (2.2m ETW) grading 2.50% Cu, 0.51g/t Au and 2.33g/t Ag from 132m; and JERC033 - 3.0m (2.0m ETW) grading 3.50% Cu, 0.30g/t Au and 3.17g/t Ag from 168m. Billabong: Resource definition drilling of the Billabong shoot has extended the higher-grade zone above the 0mRL and also intersected thicker zones of mineralisation. Significant intercepts include: JERC034 - 18.0m (10.5m ETW) grading 1.40% Cu, 0.11g/t Au and 1.76g/t Ag from 133m; including 3.0m (2.4m ETW) grading 2.30% Cu, 0.13g/t Au and 3.0g/t Ag from 148m; JERC035 - 2.0m (1.4m ETW) grading 2.40% Cu, 0.33g/t Au and 2.95g/t Au from 204m; JERC037 - 10.0m (6.9m ETW) grading 1.30% Cu, 0.28g/t Au and 1.41g/t Ag from 160m; and including 2.0m (1.3m ETW) grading 2.90% Cu, 0.38g/t Au and 3.20g/t Ag from 165m.
공지 • Nov 29AIC Mines Limited Reports Updated Mineral Resource and Ore Reserve (‘Mror’) Estimates for the Lens 6 Deposit At Its Eloise Copper MineAIC Mines Limited reported updated Mineral Resource and Ore Reserve (‘MROR’) estimates for the Lens 6 deposit at its Eloise Copper Mine. Lens 6 Mineral Resources: Since reporting the initial Lens 6 MROR estimate as at 31 December 2022, AIC Mines has completed another 39 drillholes for 7,818 metres. The drilling has extended the high-grade mineralisation by 200m above the 31 December 2022 Mineral Resource limits and has delivered a significant increase in the Mineral Resource. The Lens 6 Mineral Resources have increased to 34,200 tonnes of contained copper and 27,100 ounces of contained gold, representing a 74% increase in copper and a 56% increase in gold compared to the 31 December 2022 estimate. Lens 6 Ore Reserves: Similar to the outcome with Mineral Resources, infill drilling at Lens 6 has delivered a significant increase in the Ore Reserve estimate in terms of ore tonnes and contained copper, gold and silver. The Ore Reserves for Lens 6 have increased to 22,300 tonnes of contained copper and 18,100 ounces of contained gold, representing a 119% increase in copper and a 101% increase in gold compared to the 31 December 2022 estimate. Ongoing Exploration and Resource Definition Drilling: The Lens 6 Mineral Resource remains open up and down dip. There is no drilling between the top of the Lens 6 resource (z200 Level) and the Levuka Upper zone (100mRL), a gap of 300m vertical metres. AIC Mines has planned a step-out drill program, on 100m spacings, to test the up-dip continuation of the Lens 6 mineralisation as well as DHEM (Down Hole Electromagnetic) surveys. This campaign is scheduled to be drilled from drill platforms on the 0m Level and z100 Level during the second half of Fiscal Year 24. Ongoing evaluation of the Eloise drillhole database continues to identify opportunities for Mineral Resource and Ore Reserve growth. AIC Mines currently has two drill rigs underground at Eloise. One rig is dedicated to exploration drilling to the east and west of the mine workings. The other rig is focused on Mineral Resource and Ore Reserve definition drilling. Lens 6 demonstrates the potential for additional mineralisation in the east and west corridors. The in-mine EM loop, currently under construction at Eloise, will be a rapid, cost-effective way of testing large undrilled areas deeper in the mine for parallel lenses and structural offsets of known lenses. Underground Development and Mine Planning: Underground development into Lens 6 commenced in September 2023 from the z275 and z305 Levels and first development ore was mined in October 2023. A total of 157m of access and ore development has since been completed. Being immediately adjacent to active mine workings, no new capital infrastructure is required for Lens 6 development and production. The Lens 6 mining method will be a bottom-up modified Avoca method upwards from the z305 and longitudinal sublevel caving method downward from z305 post completion of the upward sequence. The selected stoping methods provide operational flexibility given the deposit is open both up and down dip. Stoping in Lens 6 is due to commence in the June 2024 Quarter.
Buying Opportunity • Oct 18Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 25%. The fair value is estimated to be €0.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 152% over the last 3 years. Meanwhile, the company became loss making.
공지 • Sep 27AIC Mines Limited, Annual General Meeting, Nov 22, 2023AIC Mines Limited, Annual General Meeting, Nov 22, 2023.
Recent Insider Transactions • Aug 29Independent Non-Executive Director recently bought €93k worth of stockOn the 24th of August, Brett Montgomery bought around 443k shares on-market at roughly €0.21 per share. This transaction increased Brett's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €124k more in shares than they have sold in the last 12 months.
Reported Earnings • Aug 24Full year 2023 earnings released: AU$0.015 loss per share (vs AU$0.14 profit in FY 2022)Full year 2023 results: AU$0.015 loss per share (down from AU$0.14 profit in FY 2022). Revenue: AU$125.6m (down 21% from FY 2022). Net loss: AU$5.82m (down 114% from profit in FY 2022). Revenue is forecast to grow 20% p.a. on average during the next 2 years, while revenues in the Metals and Mining industry in Europe are expected to remain flat. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
New Risk • Aug 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: €90.5m (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 13% per year for the foreseeable future. High level of non-cash earnings (183% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Shareholders have been diluted in the past year (48% increase in shares outstanding). Market cap is less than US$100m (€90.5m market cap, or US$98.9m).
Buying Opportunity • Jun 01Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 17%. The fair value is estimated to be €0.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 185% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.3% per annum. Earnings is forecast to decline by 16% per annum over the same time period.
공지 • Feb 06AIC Mines Limited Announces Results of Its Re-Estimate of the Jericho Mineral ResourceAIC Mines Limited announce the results of its re-estimate of the Jericho Mineral Resource following completion of the takeover of Demetallica Limited (‘Demetallica’). The AIC Mines estimate uses a higher cut-off grade than that used by Demetallica (1.0% Cu compared to 0.85% Cu) and is constrained within optimised stope shapes to better reflect the proposed mining method. The new estimate is more robust and better suited to mine planning. The outcome is in-line with expectations based on work previously conducted by AIC Mines as part of its acquisition due diligence. Jericho Mineral Resources are estimated at 9.8 million tonnes grading 1.8% copper and 0.4g/t gold containing 180,000 tonnes of copper and 110,600 ounces of gold. The Mineral Resource remains open both along strike and depth. The Mineral Resource is constrained by drilling to a vertical depth of 550m below surface. This compares to the Eloise deposit which is known to extend to 1,800m below surface. Jericho plus Eloise combined Mineral Resources now total 14.6 million tonnes grading 2.0% copper and 0.6g/t gold containing 295,000 tonnes of copper and 210,700 ounces of gold. Having received full access to the Jericho drillhole database following completion of the takeover of Demetallica, AIC Mines has completed a new Mineral Resource estimate using similar estimation practices and assumptions to those used at its Eloise mine. The Jericho deposit is located approximately 4km south of the Eloise mine and exhibits similar geological, mining and metallurgical characteristics to the Eloise mine. The Mineral Resource estimate is based on a long-term copper price of AUD 10,500/t and is reported and classified in accordance with the JORC Code (2012). The Jericho Mineral Resource has a strike length of over 2.3 kilometres, commencing at 50m below the surface level (BSL) and extends to a vertical depth of 550m BSL. High grade mineralisation (>2% Cu) has a shallow 30O north plunge and is open at depth. There is opportunity to extend the high-grade mineralisation along strike and at depth with additional drilling. Compared to the previous Mineral Resource Estimate conducted by Demetallica, the AIC Mines Mineral Resource Estimate contains less tonnes at a higher grade for an overall slight decrease in contained copper, gold and silver. The differences between the two estimates are due to: · An economic cut-off grade of 1% Cu was used for the new estimate. The previous estimate used an economic cut-off grade of 0.85% Cu. · Reassessment of the geological interpretation using the same structural framework observed and mined at the Eloise underground mine, resulted in mineralised lenses being more tightly constrained. · Datamine MSO stope optimiser software was used to identify resource blocks that met the criteria of reasonable prospect for eventual economic extraction (RPEEE). This was not undertaken previously. · Evaluation of minimum mining width. This was not undertaken previously. Development of the Jericho deposit will be transformational for Eloise. It offers the potential to: · increase mine life to over 10 years · increase annual production to over 20,000t Cu and 10,000oz Au in concentrate (a 60% increase on current production rate) · reduce reliance on the Eloise Deeps thereby de-risking ore production · reduce AISC through economies of scale Environmental permitting work has commenced. This work is being led by specialist consultants Epic Environmental in partnership with Engeny. Mining studies to commence this week following the engagement of Orelogy Ltd. A processing plant expansion optimisation study is due to commence shortly following the engagement of GR Engineering Services. The aim of the optimisation study is to decide the optimum processing plant expansion (from current 750ktpa capacity) expected to be in the range of 1.0 - 1.4Mtpa. Current expectations are that development of the Jericho mine could commence early in CY24 with first ore accessed early in CY25. AIC Mines is however closely monitoring the current operating environment and cost inflation pressures to decide the best timing and strategy for developing the Jericho mine and expanding the Eloise processing plant. A program of resource definition (infill) and extension drilling is being planned for Jericho. Resource definition drilling to upgrade Inferred Resources to Indicated Resources will provide a larger base for ultimate conversion to Probable Reserves. Extension drilling is expected to extend the known high-grade lenses at depth and drilling along strike has the potential to locate additional high-grade lenses. The Jericho resource is currently constrained by drilling to a vertical depth of 550m below surface. This compares to the Eloise deposit which is known to extend to 1,800m below surface. There is approximately 7.8Mt of Mineral Inventory at Jericho (above a 1% Cu cut-off and within optimised stope shapes) that is insufficiently drilled to qualify as Inferred Resource. This inventory provides an excellent opportunity to extend the Jericho Mineral Resource with infill drilling.
공지 • Jan 31AIC Mines Limited Announces Management ChangesAIC Mines Limited announced the appointment of Ms. Linda Hale as a Non-Executive Director of the company effective 1 February 2023. Ms. Hale has more than 30 years' experience in the financial services and mining sectors. Previous roles have included Executive Director of Finance and Administration, Company Secretary and consulting in organisational change and project management. Ms. Hale holds a Bachelor of Business Degree, is a Member of CPA Australia and a Member of The Australian Institute of Company Directors. Ms. Hale has resigned as AIC Mines' Company Secretary, effective January 31, 2023, having served in that role since February 2020. The company also announced that Mr. Tony Wolfe has advised that he will retire as a Director of the Company effective from today. Mr. Wolfe has been a Non- Executive Director since November 2016 (initially Intrepid Mines Limited).
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 4 non-independent directors. Independent Non-Executive Director Brett Montgomery was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Apr 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Non-Executive Director Jon Young was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Nov 09No independent directorsThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. No independent directors (5 non-independent directors). Non-Executive Director Tony Wolfe is the most experienced director on the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors.
Is New 90 Day High Low • Oct 12New 90-day high: €0.24The company is up 30% from its price of €0.19 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 4.0% over the same period.
