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29Metals Director Increases Indirect Shareholding During Closed Period With Board Clearance

Story Highlights
  • 29Metals director Nick Cernotta acquired 300,000 shares indirectly via MJBJ (WA) Pty Ltd.
  • The on‑market purchases occurred in a closed period with prior clearance, signaling director confidence and transparency.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
29Metals Director Increases Indirect Shareholding During Closed Period With Board Clearance

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The latest update is out from 29metals Ltd. ( (AU:29M) ).

29Metals has disclosed a change in director Nick Cernotta’s interests, with an associated entity, MJBJ (WA) Pty Ltd, acquiring 300,000 fully paid ordinary shares in the company through on-market purchases over 28 and 29 January 2026. The trades, executed at prices of $0.495 and $0.48 per share, were conducted during a closed period but proceeded with prior written clearance, signalling increased insider investment and potentially reinforcing governance transparency and confidence in the company’s outlook among investors.

The most recent analyst rating on (AU:29M) stock is a Hold with a A$0.48 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-listed mining company operating in the resources sector, with its primary business focused on the ownership and development of metal assets, particularly base metals, for sale into global commodity markets.

Average Trading Volume: 5,255,604

Technical Sentiment Signal: Buy

Current Market Cap: A$760.1M

For an in-depth examination of 29M stock, go to TipRanks’ Overview page.

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