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Aurum Resources Limited ( (AU:AUE) ) has shared an update.
Aurum Resources Limited has announced an increase in the remuneration of its Managing Director, Mr. Caigen Wang, and Executive Director, Mr. Mark Strizek, effective from September 3, 2025. The salary adjustments, which raise Mr. Wang’s base salary from $200,000 to $300,000 and Mr. Strizek’s from $160,000 to $240,000, are part of the company’s strategy to align with market benchmarks and reflect its ongoing growth. This decision also underscores the directors’ commitment to enhancing shareholder value, as the pay increase is contingent on the company’s share price and market capitalization reaching specific targets.
The most recent analyst rating on (AU:AUE) stock is a Buy with a A$0.93 price target. To see the full list of analyst forecasts on Aurum Resources Limited stock, see the AU:AUE Stock Forecast page.
More about Aurum Resources Limited
Aurum Resources Limited is a company operating in the resources sector, focusing on the exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker AUE.
Average Trading Volume: 463,399
Technical Sentiment Signal: Buy
Current Market Cap: A$204.5M
For an in-depth examination of AUE stock, go to TipRanks’ Overview page.