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29metals Ltd. ( (AU:29M) ) has shared an update.
29Metals Limited has updated its Securities Dealings Policy, approved by the board, to refine how directors, employees and contractors may trade in the company’s securities. The revised policy allows trading by 29Metals personnel during active capital raisings or transactions once the company has been adequately cleansed through disclosure, narrows the blackout periods during which trading is restricted, and introduces a ‘front page test’ to further strengthen governance and reduce the risk or perception of misuse of confidential information, supporting market integrity and shareholder value.
The most recent analyst rating on (AU:29M) stock is a Hold with a A$0.41 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 and precious metals. The company operates in the mining sector and is listed on the ASX, with directors, employees and contractors exposed to price-sensitive information that must be carefully managed to maintain market integrity and shareholder confidence.
Average Trading Volume: 4,913,988
Technical Sentiment Signal: Buy
Current Market Cap: A$760.1M
For a thorough assessment of 29M stock, go to TipRanks’ Stock Analysis page.