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Caravel Minerals Limited ( (AU:CVV) ) just unveiled an announcement.
Caravel Minerals Limited announced the issuance of 26.3 million unquoted equity securities in the form of options, exercisable at 22 cents and expiring on November 1, 2027. This move is part of an employee incentive scheme, which could potentially enhance employee engagement and align their interests with the company’s long-term goals.
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’s primary products include various minerals, and it is listed on the Australian Securities Exchange (ASX) under the code CVV.
Average Trading Volume: 455,379
Technical Sentiment Signal: Buy
Current Market Cap: A$97.78M
Learn more about CVV stock on TipRanks’ Stock Analysis page.