A1M 1.10% 45.0¢ aic mines limited

Why are we hitting lower lows when results keep getting better...

  1. 338 Posts.
    Why are we hitting lower lows when results keep getting better and gold price is increasing (plus no debt)? I don't get it. I know markets are weak (and may get weaker) but surely this is safer than a lot of other stocks around. I suppose it's also riskier than a lot of other stocks (no cashflow, pending forestry approval risk, development risk etc). Price was $2.4 a few months ago now it is half!
 
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Last
45.0¢
Change
-0.005(1.10%)
Mkt cap ! $256.8M
Open High Low Value Volume
45.0¢ 45.8¢ 45.0¢ $171.6K 378.1K

Buyers (Bids)

No. Vol. Price($)
2 28387 45.0¢
 

Sellers (Offers)

Price($) Vol. No.
45.5¢ 266 1
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Last trade - 16.10pm 05/07/2024 (20 minute delay) ?
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