AIC MINES LIMITED (A1M)
Share Price Analysis and Chart

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A1M

A1M - AIC MINES LIMITED

FNArena Sector : Gold & Silver
Year End: June
GICS Industry Group : Materials
Debt/EBITDA: 0.77
Index: ALL-ORDS

LAST PRICE CHANGE +/- CHANGE % VOLUME

$0.535

05 Dec
2025

0.015

OPEN

$0.52

2.88%

HIGH

$0.54

2,088,648

LOW

$0.51

TARGET
$0.677 26.5% upside
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FNARENA'S MARKET CONSENSUS FORECASTS
A1M: 1
Title FY24
Actual
FY25
Actual
FY26
Forecast
FY27
Forecast
EPS (cps) xxx 2.6 4.3 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx 59.5% 64.1% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 12.5 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.00

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages
HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201920202022202320242025
EPS Basic xxxxxxxxxxxxxxx2.6
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx189.6 M
Book Value Per Share xxxxxxxxxxxxxxx38.9
Net Operating Cash Flow xxxxxxxxxxxxxxx66.4 M
Net Profit Margin xxxxxxxxxxxxxxx7.89 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202022202320242025
Return on Capital Employed xxxxxxxxxxxxxxx6.00 %
Return on Invested Capital xxxxxxxxxxxxxxx5.62 %
Return on Assets xxxxxxxxxxxxxxx4.65 %
Return on Equity xxxxxxxxxxxxxxx6.00 %
Return on Total Capital xxxxxxxxxxxxxxx5.77 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx-46.3 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202022202320242025
Short-Term Debt xxxxxxxxxxxxxxx15 M
Long Term Debt xxxxxxxxxxxxxxx30 M
Total Debt xxxxxxxxxxxxxxx45 M
Goodwill - Gross xxxxxxxxxxxxxxx-
Cash & Equivalents - Generic xxxxxxxxxxxxxxx61 M
Price To Book Value xxxxxxxxxxxxxxx0.76

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202022202320242025
Capex xxxxxxxxxxxxxxx112.7 M
Capex % of Sales xxxxxxxxxxxxxxx59.45 %
Cost of Goods Sold xxxxxxxxxxxxxxx162 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx12 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

1.0

No. Of Recommendations

3
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Shaw and Partners

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Bell Potter

17/10/2025

1

Buy

$0.67

25.23%

AIC Mines has extended its record of meeting production and cost guidance to a ninth consecutive quarter, with Bell Potter noting a strong September 2025 quarter at the Eloise copper mine in Queensland.

The broker highlights output of 3,324t copper and 1,618oz gold at costs (AISC) of -$4.97/lb, exceeding both the broker's forecasts and guidance, supported by higher mill throughput and recoveries.

Cash rose to $67.8m despite -$25.7m expansion spending at Jericho, while growth projects including the Jericho Access Drive and Eloise plant expansion remain on schedule.

Bell Potter lifts its FY26, FY27, and FY28 earnings forecasts by 33%, 37%, and 49%, respectively. The target price is raised to 67c from 60c. Buy rating kept.

FORECAST
Bell Potter forecasts a full year FY26 dividend of 0.00 cents and EPS of 3.30 cents.
Bell Potter forecasts a full year FY27 dividend of 0.00 cents and EPS of 6.10 cents.

Ord Minnett

xx/xx/xxxx

1

xxxxxxxxxxx xxx

$xx.xx

xx.xx%

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Login above or Get a Free Trial

EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

1

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Moelis

17/10/2025

1

Upgrade to Buy from Hold

$0.54

0.93%

Moelis has upgaded AIC Mines to Buy from Hold after the miner's 1Q update. The broker notes Eloise delivered 3.2kt Cu and 1.6koz Au at AISC $4.97/lb, generating $11.8m net mine cashflow and closing cash of $67.8m.

The broker rolls spot copper (US$4.80/lb) into the next-12-months deck and argues funding headroom looks adequate as the -$156m Eloise/Jericho expansion advances; its cash-balance chart shows a trough around $28.1m by Dec-26 before rebuilding post-capex.

Forecasts are raised (FY26 EPS up by 58%) and the valuation steps up to a $0.54 target (44c in the week prior). Forecasts have noticeably improved.

FORECAST
Moelis forecasts a full year FY26 dividend of 0.00 cents and EPS of 4.90 cents.
Moelis forecasts a full year FY27 dividend of 0.00 cents and EPS of 5.10 cents.

A1M STOCK CHART