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Boab Metals Updates Director Gary Comb’s Performance Rights Holdings

Story Highlights
  • Boab Metals disclosed changes to director Gary Comb’s indirect interest in company securities.
  • Comb received 2 million new performance rights, expanding his long-term incentive holdings without altering shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Boab Metals Updates Director Gary Comb’s Performance Rights Holdings

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Boab Metals Ltd ( (AU:BML) ) just unveiled an update.

Boab Metals has announced a change in director Gary Comb’s relevant interest in the company’s securities, disclosing that he has been issued 2,000,000 zero-priced director performance rights through his indirect holding vehicle, Bluedale Pty Ltd . Following this award, Comb’s interest now comprises his existing ordinary shareholdings and earlier performance rights, plus new D, E and F class director performance rights expiring in December 2030, reflecting an updated long-term incentive structure for the director while leaving his ordinary share position unchanged.

The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.

More about Boab Metals Ltd

Boab Metals Limited is an Australian-listed resources company operating in the metals and mining sector. It is focused on the exploration, development and production of metal assets, with its securities traded on the ASX under standard corporate and disclosure regulations for listed mining entities.

Average Trading Volume: 3,001,944

Technical Sentiment Signal: Buy

Current Market Cap: A$159.7M

See more insights into BML stock on TipRanks’ Stock Analysis page.

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