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Chalice Mining MD Alexander Dorsch Sells 1.5 Million Shares at $2.30

Story Highlights
  • Chalice Mining reported that its managing director sold 1.5 million shares indirectly held.
  • The share sale at $2.30 each alters Alexander Dorsch’s equity exposure and informs investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Chalice Mining MD Alexander Dorsch Sells 1.5 Million Shares at $2.30

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Chalice Mining ( (AU:CHN) ) has shared an update.

Chalice Mining has disclosed a change in the indirect shareholding of Managing Director Alexander Carl Dorsch, who has sold 1.5 million fully paid ordinary shares at $2.30 per share. The transaction, involving securities held via trust, superannuation, and a margin loan custody arrangement, represents a significant adjustment to Dorsch’s equity exposure in the company and is formally reported to the market under director interest change requirements, providing transparency for investors and other stakeholders regarding insider holdings.

The most recent analyst rating on (AU:CHN) stock is a Hold with a A$2.50 price target. To see the full list of analyst forecasts on Chalice Mining stock, see the AU:CHN Stock Forecast page.

More about Chalice Mining

Chalice Mining Limited is an Australian resources company listed on the ASX, operating in the minerals exploration and mining sector. The company is focused on discovering and developing mineral deposits, with its securities actively traded and subject to Australian corporate and listing regulations governing director interests and disclosures.

Average Trading Volume: 2,525,820

Technical Sentiment Signal: Buy

Current Market Cap: A$969.9M

See more data about CHN stock on TipRanks’ Stock Analysis page.

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