Aeris Director Colin Moorhead Increases Stake Through Share Purchase Plan

Aeris Resources Limited ( (AU:AIS) ) has provided an announcement.

Aeris Resources Limited has disclosed a change in director Colin Moorhead’s holdings, reflecting his indirect interest in the company through the CF & AC Moorhead Superannuation Fund Pty Ltd. Moorhead increased his stake by acquiring 44,444 fully paid ordinary shares for A$20,000 via participation in the company’s Share Purchase Plan, lifting his total holding from 107,035 to 151,479 shares; the transaction occurred outside a closed trading period and did not involve any associated contracts, signalling a modest vote of confidence in the company by a board member without raising governance or compliance concerns.

The most recent analyst rating on (AU:AIS) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on Aeris Resources Limited stock, see the AU:AIS Stock Forecast page.

More about Aeris Resources Limited

Aeris Resources Limited is an Australian resources company operating in the mining sector, with its securities listed on the ASX and governance subject to Australian corporations and listing rules.

Average Trading Volume: 6,569,587

Technical Sentiment Signal: Buy

Current Market Cap: A$614.8M

See more insights into AIS stock on TipRanks’ Stock Analysis page.