• This ASX copper producer will jump 40-80%, brokers say

    Machinery at a mine site.

    Brokers can’t agree on how much AIC Mines Ltd (ASX: A1M) shares will go up, but two of them agree the company is currently undervalued.

    New production guidance impressing analysts

    Both Bell Potter and Barrenjoey have published new research reports on AIC in the past few days, after the company announced guidance for the current year and a three-year growth outlook for its Eloise and Jericho copper mines.

    The company said it was “an exciting time” as it transitioned from a small-scale, single mine to a 1.5 million tonne per annum dual mine operation producing 25,000 tonnes per annum in copper concentrate,

    For the current year, AIC said it expected to produce 17,500-18,000 tonnes of copper, weighted to the second half of the year.

    Guidance for the following year was for production of 20,000-22,000 tonnes, increasing to 25,000-27,000 tonnes in FY29.

    The company added:

    The Stage 2 Eloise plant expansion to 1.5Mtpa is now targeted to be completed in the December 2028 Quarter, approximately 2 years earlier than previously planned. This expansion, along with accelerated underground development at Jericho, is expected to increase copper production by a further 25% to over 25,000tpa in concentrate from FY29. No additional funding is required for the Stage 2 Eloise plant expansion or accelerated underground development at Jericho. However, the US$40 million Trafigura Prepayment Facility for the Eloise Expansion Project (currently drawn to US$30 million) has recently been expanded by US$10 million to a total US$50 million to ensure cost overruns or production delays can be managed, if required.

    Bell Potter increased its price target on AIC shares following the announcement, boosting it from 90 cents to 95 cents.

    The Bell Potter analysts said the accelerated stage 2 expansion was a positive, and had not previously been incorporated into their modelling.

    They added that the company, “has a strong track record of delivering to guidance and a well-credentialed management team”.

    Second broker even more positive

    Barrenjoey has an even more bullish price target of $1.20 on AIC shares, compared to 64.75 cents currently.

    They said regarding the announcement:

    In our view the market should like the guidance and plans to grow further at reasonable costs/capex and an upsized debt facility. In the short term, FY27 is guided to be a more productive/cash generative year than we expected. We lift our FY27 production forecast by 16% to 17.5kt, at the lower end of A1M’s guidance, allowing for some execution risk. This drives an uplift in our FY27 EBITDA by 9% to $181m and an increase in free cash flow by about A$40m to now be $11m (from -$33m before), which means a better balance sheet position.

    The post This ASX copper producer will jump 40-80%, brokers say appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Aic Mines right now?

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  • Why is this ASX All Ords silver share jumping higher in Tuesday’s slumping market?

    Engineer at an underground mine and talking to a miner.

    The All Ordinaries Index (ASX: XAO) is down 0.4% in Tuesday morning trade, but that’s not holding back this ASX All Ords silver share.

    The outperforming miner in question is Andean Silver Ltd (ASX: ASL).

    Andean Silver shares closed yesterday trading for $1.83. At the time of writing, shares are swapping hands for $1.86 apiece, up 1.6%.

    This outperformance follows a promising exploration update from the company’s Cerro Bayo Silver-Gold Project, located in Chile.

    Here’s what we know.

    ASX All Ords silver share lifts on bonanza-grade silver-gold results

    The Andean Silver shares price is marching higher today after the miner reported that it has defined a “highly prospective” new area at Cerro Bayo.

    The ASX All Ords silver share said the area has the potential to host a major silver-gold system, rather than isolated vein occurrences. And the new trend, named the Juanita Prospect, is situated just six kilometres from the Laguna Verde processing facility.

    Noting that mineralised breccia zones were observed with widths up to 18 metres, some of the top initial outcrop mapping and rock chip sampling of these zones returned results that included:

    • 62,663g/t silver equivalent (25,047g/t Ag & 453.2g/t Au) or 755g/t AuEq
    • 41,489g/t silver equivalent (37,024g/t Ag & 53.8g/t Au) or 500g/t AuEq

    Andean Silver said that prior historic scout drilling and channel sampling programs conducted in this area hadn’t comprehensively tested the high-grade breccia zones, with only five holes and channels intersecting parts of this higher-grade system.

    The ASX All Ords silver share is now progressing with geological mapping and sawn channel sampling along the two-kilometre-long Juanita trend to further define the extent of the high-grade silver gold mineralisation prior to drill testing the zone.

    What did Andean Silver management say?

    Commenting on the results helping lift the ASX All Ords silver share today, Andean Silver managing director Matthew Allen said, “Juanita is emerging as a potentially significant silver-gold prospect.”

    Allen added:

    Its mineralisation differs from the vein-style deposits common across the company’s tenure, with high-grade silver and gold occurring over a substantial strike length and through multiple mineralising events.

    Juanita historically has remained underexplored for 20 years due to the subtle surface expression of the system exposed on surface and limited intersection in historic scout drilling.

    Juanita represents a third new large exploration area identified outside the existing resources at the Cerro Bayo Project, which include the Guanaco and Droughtmaster corridors, building Andean’s future prospect pipeline.

    With the miner reporting $53.4 million in cash at the end of the March quarter, it said it is well-funded for the growth drilling and future feasibility works ahead.

    The post Why is this ASX All Ords silver share jumping higher in Tuesday’s slumping market? appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Andean Silver Ltd right now?

    Before you buy Andean Silver Ltd shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Andean Silver Ltd wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 16 June 2026

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    Motley Fool contributor Bernd Struben has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

  • This ASX financial services company has just reported a 20% jump in funds under management

    Happy young woman saving money in a piggy bank.

    Hub24 Ltd (ASX: HUB) has reported net platform inflows of a record $18.9 billion for the past financial year, up 20%.

    Growing demand for financial advice

    The financial services platform provider said total funds under administration sat at $164.3 billion at the end of June, also up 20%, comprised of platform funds under administration of $139.5 billion and portfolio, administration and reporting services funds under administration of $24.8 billion.

    The company added:

    Hub24 delivered strong growth in Q4 FY26, with Platform funds under administration increasing 9% over the quarter to $139.5 billion as at 30 June 2026 (up 24% on previous corresponding period). This reflected continued momentum in net inflows of $4.2 billion, alongside positive market movements of $7.5 billion. In the context of market volatility and the recent tax changes proposed in the Federal Budget, the net inflows were stable on the previous corresponding period when excluding large migrations, with year-on-year growth in superannuation net inflows offset by lower net inflows into Investor Directed Portfolio Services.

    Hub24 said during the past quarter, the total number of advisers using its platform increased by 100 to 5,649.

    The company said in the most recent data collected by industry analyst Plan For Life, it ranked first in both quarterly and annual net inflows for a 10th consecutive quarter.

    Hub24 added:

    Hub24 also achieved the largest annual market share gain of all platform providers, increasing market share to 9.9% as at 31 March 2026 (up from 8.6% in the previous corresponding period), and is ranked the sixth largest platform by fund under administration.

    The company said strong demand for financial advice was underpinned by demographic trends and Australia’s compulsory superannuation system.

    The company added:

    The proposed tax changes announced in the Federal Budget further reinforce the need for professional advice and the attractiveness of the superannuation system. With these structural growth drivers and a strong pipeline of opportunities across new and existing relationships, Hub24 is well positioned to deliver ongoing growth.

    Broker says shares are looking cheap

    Morgan Stanley has included Hub24 in its small-mid cap ideas list, saying in a note to clients that a broader sell-off in Australian technology growth stocks has pushed its share price lower.

    Morgan Stanley says Hub24 has “delivered industry leading net flows and funds under administration growth as well as operating leverage in recent periods, yet has underperformed its closest peers”, which are Netwealth Ltd (ASX: NWL), Praemium Ltd (ASX: PPS), and AMP Ltd (ASX: AMP) on a year-to-date basis.

    The broker said they believed the Federal Budget created more demand for financial advice and increased relative tax advantages for superannuation, which would benefit Hub24.

    Morgan Stanley has a price target of $120 on Hub24 shares compared to $83.97 currently.

    The post This ASX financial services company has just reported a 20% jump in funds under management appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Hub24 right now?

    Before you buy Hub24 shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Hub24 wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    * Returns as of 16 June 2026

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    Motley Fool contributor Cameron England has positions in Hub24. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Hub24, Netwealth Group, and Praemium. The Motley Fool Australia has positions in and has recommended Netwealth Group. The Motley Fool Australia has recommended Hub24. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.