ASX:A1MMetals and Mining
AIC Mines (ASX:A1M) Shares Climb As Copper Earnings Gain Traction
AIC Mines stock closed at A$0.885 on Wednesday after a strong run in recent months, yet the bigger story sits in the latest copper powered earnings. The headline is simple: profitability is now meaningful, with trailing twelve month earnings from continuing operations of A$41.486 million and a P/E of about 17x that prices AIC Mines in the middle of the metals and mining pack.
For short term traders, the recent 7 day gain of roughly 20% frames expectations. Long term investors will be more...