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29metals Ltd. ( (AU:29M) ) just unveiled an update.
29Metals Limited has announced a change in the director’s interest notice, specifically involving Ashish Gupta, who has increased his indirect interest in the company by acquiring an additional 400,000 fully paid ordinary shares, bringing his total to 950,000 shares. This on-market purchase reflects a significant increase in Gupta’s stake, potentially indicating confidence in the company’s future performance and could influence stakeholder perceptions and market positioning.
The most recent analyst rating on (AU:29M) stock is a Buy with a A$0.55 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.
Average Trading Volume: 4,508,792
Technical Sentiment Signal: Buy
Current Market Cap: A$603.4M
For a thorough assessment of 29M stock, go to TipRanks’ Stock Analysis page.