Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The latest announcement is out from Sipa Resources Limited ( (AU:AUV) ).
Auravelle Metals Limited has disclosed a change in the indirect interests of director Stephen Biggins, who has increased his holding in the company through associated entity Resource Holdings Pty Ltd. Biggins acquired 6,250,000 ordinary shares for $100,000, lifting the aggregate shareholding across his related entities to 13,392,857 shares in one vehicle and maintaining substantial positions in several others, signalling continued financial commitment from the board to the company’s equity and potentially reinforcing market confidence in its prospects.
More about Sipa Resources Limited
Auravelle Metals Limited is an Australian-listed resources company operating in the metals and mining sector. The company’s securities are traded on the ASX, and its shareholder base includes various investment and superannuation entities associated with its directors, reflecting a typical junior resources capital structure heavily exposed to equity and options.
Average Trading Volume: 3,132,696
Technical Sentiment Signal: Buy
Current Market Cap: A$11.95M
See more data about AUV stock on TipRanks’ Stock Analysis page.