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29metals Ltd. ( (AU:29M) ) has provided an announcement.
29Metals has disclosed a change in director Ashish Gupta’s equity holding following a series of on-market share purchases in early March 2026. The filing, lodged under ASX listing rules, details transactions executed through a nominee and sub-custodian structure on Gupta’s behalf.
Gupta acquired a total of 223,809 fully paid ordinary shares at prices of $0.40 and $0.38, increasing his indirect holding from 1,250,000 to 1,473,809 shares. The increase in director ownership may be interpreted by investors as a sign of confidence in the company’s prospects and aligns director interests more closely with those of other shareholders.
The most recent analyst rating on (AU:29M) stock is a Sell with a A$0.35 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 Australia-listed resources company operating in the metals and mining sector. The company’s securities are traded as fully paid ordinary shares on the ASX, and its shareholder base includes institutional custodians acting on behalf of individual directors and investors.
Average Trading Volume: 8,886,839
Technical Sentiment Signal: Hold
Current Market Cap: A$672.7M
See more data about 29M stock on TipRanks’ Stock Analysis page.