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29metals Ltd. ( (AU:29M) ) has issued an announcement.
29Metals has disclosed a change in the shareholdings of director Ashish Gupta, who holds his interest indirectly through BNP Paribas Nominees and sub-custodian DBS. The filing highlights the director’s growing stake in the company, which can signal confidence in the business to the market and other investors.
Gupta acquired a total of 800,000 fully paid ordinary shares in on-market trades across early May 2026, at prices ranging from $0.225 to $0.245 per share. Following these purchases, his holding increased from 1,637,555 to 2,437,555 shares, a move that may be closely watched by stakeholders monitoring insider ownership and director alignment with shareholder interests.
The most recent analyst rating on (AU:29M) stock is a Hold with a A$0.26 price target. To see the full list of analyst forecasts on 29metals Ltd. stock, see the AU:29M Stock Forecast page.
More about 29metals Ltd.
29Metals Limited is an Australian resources company focused on the exploration, development and production of base metals, primarily copper, with operations and projects in Australia and potentially other mining regions. The company’s activities centre on managing and expanding its mineral assets to support long-term production and value for shareholders in the mining sector.
Average Trading Volume: 7,724,987
Technical Sentiment Signal: Sell
Current Market Cap: A$401.9M
Learn more about 29M stock on TipRanks’ Stock Analysis page.