HLS Stock Overview

Engages in exploration, acquisition, and development of mineral properties in Australia. More details

HLS fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	3/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 96.9% below our estimate of its fair value

Earnings are forecast to grow 31.82% per year

Became profitable this year

Risk Analysis

Highly volatile share price over the past 3 months compared to the German market

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

AIC Mines Limited Competitors

Eisen- und Hüttenwerke

DB:EIS

€211.2m

Nabaltec

XTRA:NTG

€118.4m

H&R GmbH KGaA

XTRA:2HRA

€123.2m

Century Peak Holdings

PSE:CPM

₱7.6b

Price History & Performance

Summary of share price highs, lows and changes for AIC Mines
Historical stock prices
Current Share Price	AU$0.18
52 Week High	AU$0.35
52 Week Low	AU$0.15
Beta	-0.078
1 Month Change	-3.65%
3 Month Change	2.21%
1 Year Change	0%
3 Year Change	-40.32%
5 Year Change	14.91%
Change since IPO	-4.64%

Recent updates

Shareholder Returns

	HLS	DE Metals and Mining	DE Market
7D	-4.6%	-4.1%	-2.6%
1Y	0%	-23.1%	6.9%

Return vs Industry: HLS exceeded the German Metals and Mining industry which returned -23.1% over the past year.

Return vs Market: HLS underperformed the German Market which returned 6.9% over the past year.

Price Volatility

Is HLS's price volatile compared to industry and market?
HLS volatility
HLS Average Weekly Movement	12.0%
Metals and Mining Industry Average Movement	11.9%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	11.2%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: HLS's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: HLS's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

Founded	Employees	CEO	Website
1993	n/a	Aaron Colleran	www.aicmines.com.au

AIC Mines Limited engages in exploration, acquisition, and development of mineral properties in Australia. The company operates through two segments, Mining; and Exploration and Corporate. It explores for gold, copper, nickel, silver, and zinc deposits.

AIC Mines Limited Fundamentals Summary

How do AIC Mines's earnings and revenue compare to its market cap?
HLS fundamental statistics
Market cap	€112.15m
Earnings (TTM)	€4.61m
Revenue (TTM)	€108.20m

24.3x

P/E Ratio

1.0x

P/S Ratio

Is HLS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
HLS income statement (TTM)
Revenue	AU$180.52m
Cost of Revenue	AU$112.26m
Gross Profit	AU$68.25m
Other Expenses	AU$60.56m
Earnings	AU$7.69m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.013
Gross Margin	37.81%
Net Profit Margin	4.26%
Debt/Equity Ratio	3.1%

How did HLS perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 14:13
End of Day Share Price	2024/12/20 00:00
Earnings	2024/06/30
Annual Earnings	2024/06/30

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

AIC Mines Limited is covered by 7 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
David Coates	Bell Potter
Mitch Ryan	Jefferies LLC
Daniel Roden	Jefferies LLC

HLS Stock Overview

Rewards

Risk Analysis

AIC Mines Limited Competitors

DB:EIS

€211.2m

XTRA:NTG

€118.4m

XTRA:2HRA

€123.2m

PSE:CPM

₱7.6b

Price History & Performance

Recent News & Updates

AIC Mines Limited to Report Q1, 2025 Results on Oct 17, 2024

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

Full year 2024 earnings released: EPS: AU$0.016 (vs AU$0.015 loss in FY 2023)

New major risk - Share price stability

New minor risk - Shareholder dilution

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

Recent updates

AIC Mines Limited to Report Q1, 2025 Results on Oct 17, 2024

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

Full year 2024 earnings released: EPS: AU$0.016 (vs AU$0.015 loss in FY 2023)

New major risk - Share price stability

New minor risk - Shareholder dilution

AIC Mines Limited has completed 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.

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

Independent Non-Executive Director recently sold €126k worth of stock

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

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

Now 22% undervalued after recent price drop

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

Independent Non-Executive Director recently bought €93k worth of stock

Full year 2023 earnings released: AU$0.015 loss per share (vs AU$0.14 profit in FY 2022)

New minor risk - Market cap size

Now 21% undervalued after recent price drop

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

AIC Mines Limited Announces Management Changes

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.

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

Less than half of directors are independent

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.

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

AIC Mines Limited Announces Drilling Results from Eloise Deeps

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

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

No independent directors

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

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

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

AIC Mines Limited Reports Resource Extension Drilling At the Levuka

AIC Mines Limited Announces New Exploration Project

AIC Mines Limited Reports Drilling Results from Eloise Deeps

No independent directors

AIC Mines Limited Announces Drilling Commencement At Marymia Project

AIC Mines Limited Commences at Its Lamil Gold-Copper Project Located 30 Kilometres West of the Telfer Gold-Copper Mine

AIC Mines Limited Announces Final Results from Maiden Drilling Program At Lamil Project

AIC Mines Limited Announces Initial Results Maiden Drilling Program At Lamil Project, Paterson Province WA

AIC Mines Limited Completes Phase 1 Drilling at Lamil Project

New 90-day high: €0.24

AIC Mines Limited Commences Drilling at Lamil Project

New 90-day high - €0.24

AIC Mines Limited has completed a Follow-on Equity Offering in the amount of AUD 2.6 million.