Latest news with #AICMinesLimited
Yahoo
15-05-2025
- Business
- Yahoo
Private companies own 31% of AIC Mines Limited (ASX:A1M) shares but retail investors control 56% of the company
Significant control over AIC Mines by retail investors implies that the general public has more power to influence management and governance-related decisions The top 20 shareholders own 44% of the company Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock Our free stock report includes 2 warning signs investors should be aware of before investing in AIC Mines. Read for free now. To get a sense of who is truly in control of AIC Mines Limited (ASX:A1M), it is important to understand the ownership structure of the business. The group holding the most number of shares in the company, around 56% to be precise, is retail investors. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Meanwhile, private companies make up 31% of the company's shareholders. Let's take a closer look to see what the different types of shareholders can tell us about AIC Mines. Check out our latest analysis for AIC Mines Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. As you can see, institutional investors have a fair amount of stake in AIC Mines. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see AIC Mines' historic earnings and revenue below, but keep in mind there's always more to the story. Hedge funds don't have many shares in AIC Mines. The company's largest shareholder is FMR Investments Pty Ltd, with ownership of 14%. Meanwhile, the second and third largest shareholders, hold 5.6% and 4.9%, of the shares outstanding, respectively. In addition, we found that Aaron Colleran, the CEO has 2.1% of the shares allocated to their name. A deeper look at our ownership data shows that the top 20 shareholders collectively hold less than half of the register, suggesting a large group of small holders where no single shareholder has a majority. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. There are a reasonable number of analysts covering the stock, so it might be useful to find out their aggregate view on the future. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. Insider ownership is positive when it signals leadership are thinking like the true owners of the company. However, high insider ownership can also give immense power to a small group within the company. This can be negative in some circumstances. We can report that insiders do own shares in AIC Mines Limited. In their own names, insiders own AU$4.6m worth of stock in the AU$196m company. This shows at least some alignment, but we usually like to see larger insider holdings. You can click here to see if those insiders have been buying or selling. The general public -- including retail investors -- own 56% of AIC Mines. With this amount of ownership, retail investors can collectively play a role in decisions that affect shareholder returns, such as dividend policies and the appointment of directors. They can also exercise the power to vote on acquisitions or mergers that may not improve profitability. We can see that Private Companies own 31%, of the shares on issue. It's hard to draw any conclusions from this fact alone, so its worth looking into who owns those private companies. Sometimes insiders or other related parties have an interest in shares in a public company through a separate private company. It's always worth thinking about the different groups who own shares in a company. But to understand AIC Mines better, we need to consider many other factors. For instance, we've identified 2 warning signs for AIC Mines (1 is a bit unpleasant) that you should be aware of. If you are like me, you may want to think about whether this company will grow or shrink. Luckily, you can check this free report showing analyst forecasts for its future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. 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Business Insider
01-05-2025
- Business
- Business Insider
Bell Potter Reaffirms Their Buy Rating on AIC Mines Limited (IAUFF)
Bell Potter analyst David Coates maintained a Buy rating on AIC Mines Limited (IAUFF – Research Report) today and set a price target of A$0.67. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. According to TipRanks, Coates is a 4-star analyst with an average return of 6.3% and a 52.03% success rate. Coates covers the Basic Materials sector, focusing on stocks such as Evolution Mining , AIC Mines Limited, and Regis Resources Limited. In a report released today, Ord Minnett also maintained a Buy rating on the stock with a A$0.62 price target. Based on AIC Mines Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $93.21 million and a net profit of $8.09 million. In comparison, last year the company earned a revenue of $91.02 million and had a net profit of $2.23 million Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of IAUFF in relation to earlier this year.
Business Insider
30-04-2025
- Business
- Business Insider
Ord Minnett Sticks to Its Buy Rating for AIC Mines Limited (IAUFF)
In a report released today, Paul Kaner from Ord Minnett maintained a Buy rating on AIC Mines Limited (IAUFF – Research Report), with a price target of A$0.62. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Kaner covers the Basic Materials sector, focusing on stocks such as Aurelia Metals , Gold Road Resources Ltd, and AIC Mines Limited. According to TipRanks, Kaner has an average return of 24.5% and a 63.53% success rate on recommended stocks. In a report released yesterday, MA Financial Group also maintained a Buy rating on the stock with a A$0.72 price target. Based on AIC Mines Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $93.21 million and a net profit of $8.09 million. In comparison, last year the company earned a revenue of $91.02 million and had a net profit of $2.23 million Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of IAUFF in relation to earlier this year.
Yahoo
21-02-2025
- Business
- Yahoo
Positive Signs As Multiple Insiders Buy AIC Mines Stock
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase stock, like in AIC Mines Limited's (ASX:A1M) instance, it's good news for shareholders. Although we don't think shareholders should simply follow insider transactions, we do think it is perfectly logical to keep tabs on what insiders are doing. See our latest analysis for AIC Mines The MD, CEO & Director Aaron Colleran made the biggest insider purchase in the last 12 months. That single transaction was for AU$245k worth of shares at a price of AU$0.49 each. That means that an insider was happy to buy shares at above the current price of AU$0.42. Their view may have changed since then, but at least it shows they felt optimistic at the time. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when insiders have purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price. Over the last year, we can see that insiders have bought 992.31k shares worth AU$497k. But they sold 700.00k shares for AU$210k. Overall, AIC Mines insiders were net buyers during the last year. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below! AIC Mines is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket. I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. We usually like to see fairly high levels of insider ownership. Our data suggests AIC Mines insiders own 2.4% of the company, worth about AU$5.8m. We do note, however, it is possible insiders have an indirect interest through a private company or other corporate structure. We prefer to see high levels of insider ownership. The fact that there have been no AIC Mines insider transactions recently certainly doesn't bother us. However, our analysis of transactions over the last year is heartening. While we have no worries about the insider transactions, we'd be more comfortable if they owned more AIC Mines stock. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Our analysis shows 2 warning signs for AIC Mines (1 can't be ignored!) and we strongly recommend you look at them before investing. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
