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An announcement from Caravel Minerals Limited ( (AU:CVV) ) is now available.
Caravel Minerals Limited has announced the issuance of up to 27,000,000 unlisted options to key personnel and directors as part of their Employee Incentive Plan. This move aims to incentivize staff, particularly in completing the Definitive Feasibility Study, and to support retention in a competitive market by linking compensation to share price performance, thereby reducing reliance on cash compensation.
The most recent analyst rating on (AU:CVV) stock is a Buy with a A$0.62 price target. To see the full list of analyst forecasts on Caravel Minerals Limited stock, see the AU:CVV Stock Forecast page.
More about Caravel Minerals Limited
Caravel Minerals Limited operates in the mining industry, focusing on mineral exploration and development. The company is primarily engaged in the exploration of copper and other mineral resources, aiming to enhance its market position through strategic development projects.
Average Trading Volume: 288,570
Technical Sentiment Signal: Sell
Current Market Cap: A$81.02M
For a thorough assessment of CVV stock, go to TipRanks’ Stock Analysis page.