Lingering Issues Look Unlikely from AIC Mines's Soft 4Q Result

Dow Jones
07/21
 

2325 GMT - AIC Mines has been sold off after its 4Q output softened slightly, but Ord Minnett stays bullish and says there aren't likely to be any lingering issues from the quarterly result. Ord Minnett raises its price target by 5.9%, to A$0.90/share, citing AIC Mines's new outlook that includes an accelerated expansion of its Eloise copper project. AIC Mines now expects to reach 25,000 tons of copper concentrate annually by FY29, beating expectations. "There is now improved valuation appeal," says analyst Paul Kaner. AIC Mines's share price closed Monday at A$0.625, close to a one-month low. Ord Minnett retains a "speculative buy" call on its stock. (david.winning@wsj.com; @dwinningWSJ)

 

(END) Dow Jones Newswires

July 20, 2026 19:25 ET (23:25 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10