AIC Mines Future Growth

Future criteria checks 4/6

AIC Mines is forecast to grow earnings and revenue by 36.2% and 15.7% per annum respectively. EPS is expected to grow by 35.4% per annum. Return on equity is forecast to be 18.6% in 3 years.

Key information

36.2%

Earnings growth rate

35.4%

EPS growth rate

Metals and Mining earnings growth	8.9%
Revenue growth rate	15.7%
Future return on equity	18.6%
Analyst coverage	Low
Last updated	01 Oct 2024

Recent future growth updates

Recent updates

AIC Mines Limited (ASX:A1M) Not Doing Enough For Some Investors As Its Shares Slump 26%

Jun 19

Is AIC Mines (ASX:A1M) A Risky Investment?

Apr 25

AIC Mines Limited (ASX:A1M) Surges 33% Yet Its Low P/S Is No Reason For Excitement

Apr 09

We Don’t Think AIC Mines' (ASX:A1M) Earnings Should Make Shareholders Too Comfortable

Mar 07

We Think AIC Mines (ASX:A1M) Can Afford To Drive Business Growth

Feb 24

Will AIC Mines (ASX:A1M) Spend Its Cash Wisely?

Nov 05

Who Has Been Buying AIC Mines Limited (ASX:A1M) Shares?

Mar 05

Have Insiders Been Buying AIC Mines Limited (ASX:A1M) Shares This Year?

Nov 20

Earnings and Revenue Growth Forecasts

ASX:A1M - Analysts future estimates and past financials data (AUD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
6/30/2027	309	63	73	139	3
6/30/2026	223	40	17	95	4
6/30/2025	193	24	-33	62	4
6/30/2024	181	8	-14	52	N/A
3/31/2024	170	5	-19	44	N/A
12/31/2023	159	2	-25	37	N/A
9/30/2023	142	-2	-31	30	N/A
6/30/2023	126	-6	-37	23	N/A
6/30/2022	159	42	-1	53	N/A
12/31/2021	25	2	0	6	N/A
9/30/2021	12	-1	-4	0	N/A
6/30/2021	N/A	-4	-7	-7	N/A
3/31/2021	N/A	-6	-6	-6	N/A
12/31/2020	N/A	-7	-5	-5	N/A
9/30/2020	N/A	-9	-4	-4	N/A
6/30/2020	N/A	-12	-3	-3	N/A
3/31/2020	N/A	-10	-3	-3	N/A
12/31/2019	N/A	-8	-2	-2	N/A
9/30/2019	N/A	-4	-3	-3	N/A
6/30/2019	N/A	0	-4	-4	N/A
3/31/2019	N/A	0	-4	-4	N/A
12/31/2018	N/A	-1	-4	-4	N/A
9/30/2018	0	-3	-3	-3	N/A
6/30/2018	0	-2	-3	-2	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: A1M's forecast earnings growth (36.2% per year) is above the savings rate (2.4%).

Earnings vs Market: A1M's earnings (36.2% per year) are forecast to grow faster than the Australian market (12.2% per year).

High Growth Earnings: A1M's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: A1M's revenue (15.7% per year) is forecast to grow faster than the Australian market (5.5% per year).

High Growth Revenue: A1M's revenue (15.7% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: A1M's Return on Equity is forecast to be low in 3 years time (18.6%).

AIC Mines Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Price target decreased by 8.8% to AU$0.75

Consensus EPS estimates increase by 38%

Price target increased by 8.3% to AU$0.81

Consensus EPS estimates increase by 21%

Price target increased by 7.6% to AU$0.70

Consensus EPS estimates increase by 24%

Recent updates

AIC Mines Limited, Annual General Meeting, Nov 20, 2024

Full year 2024 earnings: EPS and revenues miss analyst expectations

Price target decreased by 8.8% to AU$0.75

Consensus EPS estimates increase by 38%

AIC Mines Limited (ASX:A1M) Not Doing Enough For Some Investors As Its Shares Slump 26%

Price target increased by 8.3% to AU$0.81

New minor risk - Shareholder dilution

AIC Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 57.2 million.

Now 27% undervalued

AIC 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.

Is AIC Mines (ASX:A1M) A Risky Investment?

Consensus EPS estimates increase by 21%

AIC Mines Limited (ASX:A1M) Surges 33% Yet Its Low P/S Is No Reason For Excitement

Price target increased by 7.6% to AU$0.70

Consensus EPS estimates increase by 24%

Is AIC Mines Limited (ASX:A1M) Trading At A 40% Discount?

Independent Non-Executive Director recently sold AU$210k worth of stock

First half 2024 earnings released: EPS: AU$0.005 (vs AU$0.001 loss in 1H 2023)

Non-Executive Director recently bought AU$58k worth of stock

Price target decreased by 11% to AU$0.63

AIC Mines Limited Provides Production Guidance for the First Quarter 2024

AIC Mines Limited Announces Outstanding Drilling Results from the Jumbuck, Squatter and Billabong Shoots At the Jericho Copper Project

AIC Mines Limited Reports Updated Mineral Resource and Ore Reserve (‘Mror’) Estimates for the Lens 6 Deposit At Its Eloise Copper Mine

Revenues Working Against AIC Mines Limited's (ASX:A1M) Share Price

Is AIC Mines (ASX:A1M) Using Debt Sensibly?

AIC Mines Limited, Annual General Meeting, Nov 22, 2023

Independent Non-Executive Director recently bought AU$156k worth of stock

Price target increased by 10% to AU$0.71

New minor risk - Market cap size

Price target increased by 31% to AU$0.83

Consensus EPS estimates fall by 76%

Is AIC Mines Limited (ASX:A1M) Worth AU$0.4 Based On Its Intrinsic Value?

Consensus EPS estimates have been downgraded.

Consensus EPS estimates fall by 25%

Consensus EPS estimates fall by 41%

Consensus EPS estimates increase by 15%

Consensus EPS estimates increase by 29%

AIC Mines Limited Announces Results of Its Re-Estimate of the Jericho Mineral Resource

AIC Mines Limited Announces Management Changes

Consensus EPS estimates increase by 24%, revenue downgraded

AIC Mines Limited (ASX:A1M) completed the acquisition of Demetallica Limited (ASX:DRM) from OZ Minerals Limited (ASX:OZL), Sandfire Resources Limited (ASX:SFR), Yarraandoo Pty Ltd and other shareholders.

Consensus forecasts updated

AIC Mines Limited Announces Drilling Results from Lamil Gold-Copper Project

Less than half of directors are independent

Are Investors Undervaluing AIC Mines Limited (ASX:A1M) By 39%?

Consensus forecasts updated

AIC Mines Limited Provides Update on Surface Exploration Drilling at its Eloise Copper Mine in North Queensland

AIC Mines Limited Appoints Audrey Ferguson as General Counsel and Joint Company Secretary

AIC Mines Limited, Annual General Meeting, Nov 25, 2022

AIC Mines Limited Provides an Update on Exploration Drilling at its Eloise Copper Mine in North Queensland

AIC Mines Limited (ASX:A1M) offered to acquire Demetallica Limited (ASX:DRM) from OZ Minerals Limited (ASX:OZL), Sandfire Resources Limited (ASX:SFR), Yarraandoo Pty Ltd and other shareholders for AUD 35.6 million.

Consensus EPS estimates increase by 61%

AIC Mines Limited Announces Drilling Commences at the Marymia Gold & Copper Project, WA

AIC Mines Limited Announces Increase in Mineral Resources and Ore Reserves At Eloise Copper Mine

AIC Mines Limited Provides an Update on Exploration Activity At Its Lamil Gold-Copper Project

AIC Mines Limited Provides an Update on Resource Definition Drilling and Exploration Drilling At Its Eloise Copper Mine in North Queensland

Price target decreased to AU$0.68

AIC Mines Limited Announces Drilling Results from Eloise Deeps

AIC Mines Limited Announces Drilling Commences At the Lamil Gold-Copper Project

Returns At AIC Mines (ASX:A1M) Are On The Way Up

AIC Mines Limited Reports Further Assay Results from Reverse Circulation (Rc) Drilling Programs Completed At the Copper Hills Prospect and the Hermes North Target At the Marymia Project, Western Australia

Consensus forecasts updated

No independent directors

AIC Mines Limited, Annual General Meeting, May 27, 2022

Aic Mines Limited Announces Drilling Results from Marymia Project, Murchison Wa

We Don’t Think AIC Mines' (ASX:A1M) Earnings Should Make Shareholders Too Comfortable

We Think AIC Mines (ASX:A1M) Can Afford To Drive Business Growth

AIC Mines Limited Reports Drilling Results from Lamil Project, Paterson Province WA