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Brazilian Rare Earths Ltd. ( (AU:BRE) ) has provided an update.
Brazilian Rare Earths Limited has disclosed a change in director Todd Hannigan’s relevant interest in the company’s securities, reflecting the conversion of a portion of his options into fully paid ordinary shares. Through DITM Holdings Pty Ltd as trustee for the DITM Family Trust, Hannigan acquired 1,185,313 shares at nil consideration via the conversion of 1,147,475 options and 37,838 FY2024 STI options, which were correspondingly cancelled, modestly increasing his indirect equity stake and slightly reducing his outstanding option-based exposure in the company.
The most recent analyst rating on (AU:BRE) stock is a Hold with a A$4.00 price target. To see the full list of analyst forecasts on Brazilian Rare Earths Ltd. stock, see the AU:BRE Stock Forecast page.
More about Brazilian Rare Earths Ltd.
Brazilian Rare Earths Limited is an Australian-listed company operating in the resources sector, focused on the exploration and development of rare earth elements in Brazil, serving markets that rely on critical minerals for advanced manufacturing and clean-energy technologies.
Average Trading Volume: 401,640
Technical Sentiment Signal: Buy
Current Market Cap: A$1.13B
For an in-depth examination of BRE stock, go to TipRanks’ Overview page.