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29Metals Director Cernotta Increases Indirect Shareholding During Cleared Closed Period

Story Highlights
  • 29Metals director Nick Cernotta boosted his indirect stake to 400,000 shares.
  • The on-market purchase during a closed period had prior clearance, reinforcing governance compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
29Metals Director Cernotta Increases Indirect Shareholding During Cleared Closed Period

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29metals Ltd. ( (AU:29M) ) has provided an announcement.

29Metals has disclosed a change in the relevant interests of director Nick Cernotta, who increased his indirect holding in the company via MJBJ (WA) Pty Ltd. His stake rose from 300,000 to 400,000 fully paid ordinary shares following an on‑market purchase of 100,000 shares at $0.42 each.

The trade occurred on 9 February 2026 during a closed period but was executed with prior written clearance from the company on 7 February 2026. The transaction signals continued alignment of the director’s financial interests with shareholders and underscores the company’s adherence to ASX corporate governance and disclosure requirements.

The most recent analyst rating on (AU:29M) stock is a Hold with a A$0.52 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 mining company focused on the production and development of base metals, primarily through its portfolio of copper and related mineral assets. The company is listed on the ASX and operates within the broader resources sector, where director and insider trading disclosures are closely monitored by regulators and investors.

Average Trading Volume: 7,062,873

Technical Sentiment Signal: Buy

Current Market Cap: A$725.1M

For detailed information about 29M stock, go to TipRanks’ Stock Analysis page.

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