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Andean Silver Director Lifts Indirect Stake via Share Purchase Plan

Story Highlights
  • Andean Silver focuses on silver exploration and development, offering investors exposure to precious metals projects.
  • Director David Southam’s indirect interest rose as his spouse bought 16,216 shares via the company’s Share Purchase Plan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Andean Silver Director Lifts Indirect Stake via Share Purchase Plan

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Mitre Mining Corporation Limited ( (AU:ASL) ) has provided an announcement.

Andean Silver Limited has reported a change in director David Southam’s relevant interest in the company’s securities, reflecting an indirect increase through his spouse, Ms Lynnette Edwards. Edwards acquired 16,216 fully paid ordinary shares at $1.85 per share under the company’s Share Purchase Plan announced in mid-December 2025, lifting her holding to 130,185 shares while leaving her substantial suite of performance rights unchanged. The transaction signals ongoing insider participation in the capital raising initiative, which may be interpreted by investors as a vote of confidence in the company’s prospects without altering its existing performance rights structure or contractual interests.

The most recent analyst rating on (AU:ASL) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Mitre Mining Corporation Limited stock, see the AU:ASL Stock Forecast page.

More about Mitre Mining Corporation Limited

Andean Silver Limited is an ASX-listed resources company focused on silver and related mineral exploration and development, providing investors exposure to precious metals projects through its listed securities and performance-based equity instruments.

Average Trading Volume: 1,778,223

Technical Sentiment Signal: Buy

Current Market Cap: A$495.3M

For a thorough assessment of ASL stock, go to TipRanks’ Stock Analysis page.

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