Ord Minnett analyst Paul Kaner maintained a Buy rating on AIC Mines Limited (IAUFF – Research Report) today and set a price target of A$0.61. The company’s shares closed last Thursday at $0.24.

Kaner covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Aurelia Metals Limited, and Evolution Mining Limited. According to TipRanks, Kaner has an average return of 17.8% and a 64.00% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for AIC Mines Limited with a $0.48 average price target, representing a 100.00% upside. In a report released today, Bell Potter also maintained a Buy rating on the stock with a A$0.62 price target.

The company has a one-year high of $0.44 and a one-year low of $0.15. Currently, AIC Mines Limited has an average volume of 13.86K.