How to buy AIC Mines shares | A$0.4

AIC Mines Limited is a gold business based in Australia. AIC Mines shares (A1M) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.4 – a decrease of 3.61% over the previous week. and has a market cap (total outstanding shares value) of $28.8 million.

How to buy shares in AIC Mines

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for AIC Mines. Find the share by name or ticker symbol: A1M. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until AIC Mines reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.4, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of AIC Mines. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

How has coronavirus impacted AIC Mines's share price?

Since the stock market crash in March caused by coronavirus, AIC Mines's share price has had significant positive movement.

Its last market close was $0.4, which is 20.43% up on its pre-crash value of $0.3183 and 89.93% up on the lowest point reached during the March crash when the shares fell as low as $0.2106.

If you had bought $1,000 worth of AIC Mines shares at the start of February 2020, those shares would have been worth $nan at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $inf.

AIC Mines share price

Use our graph to track the performance of A1M stocks over time.

AIC Mines shares at a glance

• Key figures

Information last updated 2020-09-20.

Latest market close	AUDA$0.4
52-week range	AUDA$0.2057 - AUDA$0.44
50-day moving average	AUDA$0.3747
200-day moving average	AUDA$0.3084
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.054

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AUD 8

Standard brokerage - Australian shares

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Competitive broker fees on Australian and international shares

• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
• Sign-up process: Instant
• Support - After hours: Yes

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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy AIC Mines stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of AIC Mines Limited by TradingView

AIC Mines price performance over time

Historical closes compared with the last close of A$0.4

1 week (2020-09-14)	-4.76%
1 month (2020-08-21)	12.68%
3 months (2020-06-20)	N/A
6 months (2020-03-20)	77.54%

1 year (2019-09-20)	-0.40%
2 years (2018-09-21)	44.20%
3 years (2017-09-20)	N/A
5 years (2015-09-21)	33.73%

AIC Mines financials

Operating margin TTM	6600%
Gross profit TTM	$0
Return on assets TTM	-20.13%
Return on equity TTM	-89.48%
Profit margin	0%
Book value	0.152
Market capitalisation	$28.8 million

TTM: trailing 12 months

AIC Mines share dividends

We're not expecting AIC Mines to pay a dividend over the next 12 months.

Have AIC Mines's shares ever split?

AIC Mines's shares were split on a 1:20 basis on 22 August 2016. So if you had owned 20 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your AIC Mines shares – just the quantity. However, indirectly, the new 1900% higher share price could have impacted the market appetite for AIC Mines shares which in turn could have impacted AIC Mines's share price.

AIC Mines overview

AIC Mines Limited explores for and develops gold and copper deposits in Australia. It holds a 100% interest in the Marymia project comprising an area of approximately 3,800 square kilometers located in the eastern Gascoyne region of Western Australia. AIC Mines Limited is based in Subiaco, Australia.

Frequently asked questions

• What percentage of AIC Mines is owned by insiders?

  Currently 56.337% of AIC Mines shares are held by insiders.

• When does the fiscal year end for AIC Mines?

  AIC Mines's fiscal year ends in December.

• Where is AIC Mines based?

  AIC Mines's address is: 435 Roberts Road, Subiaco, WA, Australia, 6008