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An update from Adavale Resources Limited ( (AU:ADD) ) is now available.
Adavale Resources Limited has disclosed a change in the indirect interests of director Allan Ritchie, primarily via entities and trusts of which he is a beneficiary. As at 31 December 2025, Ritchie’s holding was reduced through the lapse or disposal of 37,225 listed options exercisable at $0.60 expiring on 31 December 2025 and 165,000 Class B(i) performance rights expiring on the same date, with no new securities acquired. The notification clarifies the updated breakdown of his indirect holdings and signals a modest adjustment in board-level exposure to near-term equity incentives without affecting longer-dated options and performance rights.
The most recent analyst rating on (AU:ADD) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Adavale Resources Limited stock, see the AU:ADD Stock Forecast page.
More about Adavale Resources Limited
Adavale Resources Limited is an Australia-listed resources company focused on mineral exploration and development. The company’s securities include fully paid ordinary shares, listed options with various exercise prices and maturities, and multiple classes of performance rights, reflecting a capital structure designed to incentivise and align management and shareholder interests.
Average Trading Volume: 1,116,331
Technical Sentiment Signal: Sell
Current Market Cap: A$12.65M
See more insights into ADD stock on TipRanks’ Stock Analysis page.