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Ballymore Resources Limited ( (AU:BMR) ) has shared an update.
Ballymore Resources Limited has disclosed a change in director Andrew Gilbert’s interests following the exercise of performance rights. Through the Gilbert Family Trust, Gilbert converted 700,000 performance rights expiring 30 September 2028 into 700,000 ordinary shares at no cash consideration.
As a result of this transaction, Gilbert’s indirect holding increased to 10,755,149 ordinary shares while his unlisted options position remained unchanged. The move slightly increases insider equity ownership, aligning the director’s interests more closely with shareholders without diluting value through additional option grants.
The most recent analyst rating on (AU:BMR) stock is a Sell with a A$0.24 price target. To see the full list of analyst forecasts on Ballymore Resources Limited stock, see the AU:BMR Stock Forecast page.
More about Ballymore Resources Limited
Ballymore Resources Limited is an Australian-listed company in the resources sector. The company is involved in mineral exploration and development, focusing on building its asset base through project advancement and active management of its securities and capital structure.
Average Trading Volume: 251,990
Technical Sentiment Signal: Buy
Current Market Cap: A$52.77M
For detailed information about BMR stock, go to TipRanks’ Stock Analysis page.