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Brazilian Rare Earths Ltd. ( (AU:BRE) ) just unveiled an announcement.
Brazilian Rare Earths Ltd. has disclosed a change in the shareholding of director Bernardo Da Veiga, reported to the ASX under director interest notification rules. The filing shows Da Veiga transferred 6,372,158 fully paid ordinary shares off-market from his personal holding to a related trust and then completed an off-market sale of those shares for total proceeds of A$25.49 million at A$4.00 per share, reducing his direct shareholding to 12,744,317 shares while leaving his options and award holdings unchanged, a move that adjusts his ownership structure without altering the company’s capital base.
The most recent analyst rating on (AU:BRE) stock is a Buy with a A$7.30 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.
Average Trading Volume: 541,253
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$1.18B
For an in-depth examination of BRE stock, go to TipRanks’ Overview page.