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Mitre Mining Corporation Limited ( (AU:ASL) ) has issued an update.
Andean Silver Limited has reported minor share sales by non-executive chair David Southam and director Raymond Shorrocks, explaining that the disposals represent a small portion of each director’s overall holding and were undertaken primarily to meet personal tax obligations within limited director trading windows. The company emphasized that both directors do not currently intend to sell further shares and have applied, as eligible shareholders, to participate in Andean’s ongoing Share Purchase Plan, a stance aimed at reassuring investors about board alignment with shareholder interests and continued confidence in the company’s prospects.
The most recent analyst rating on (AU:ASL) stock is a Hold with a A$2.00 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- and OTCQX-listed mining company focused on silver, operating within the broader resources sector and targeting investors seeking exposure to precious metals projects.
Average Trading Volume: 1,751,724
Technical Sentiment Signal: Buy
Current Market Cap: A$459.9M
For a thorough assessment of ASL stock, go to TipRanks’ Stock Analysis page.