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An announcement from Big River Industries Ltd. ( (AU:BRI) ) is now available.
Big River Industries has disclosed a change in director Martin Monro’s holdings, with Monro increasing his direct interest from 50,217 to 54,522 fully paid ordinary shares in the company. The additional 4,305 shares were acquired at $1.37 per share through participation in the company’s renounceable entitlement offer, signalling director support for the capital raising and potentially reinforcing market confidence in Big River Industries’ current funding and growth initiatives.
The most recent analyst rating on (AU:BRI) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Big River Industries Ltd. stock, see the AU:BRI Stock Forecast page.
More about Big River Industries Ltd.
Big River Industries Limited (ASX: BRI) is an Australian-listed company operating under the industrials sector, with its primary business centred on manufacturing and supplying building and construction-related products to domestic and commercial markets.
Average Trading Volume: 56,650
Technical Sentiment Signal: Sell
Current Market Cap: A$129.4M
Learn more about BRI stock on TipRanks’ Stock Analysis page.