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Chalice Mining ( (AU:CHN) ) has issued an update.
Chalice Mining Limited has announced an update regarding its compliance with ASX Listing Rule 12.7. The company had previously been non-compliant due to having a non-independent chair of its Audit Committee. To rectify this, Chalice has appointed Garret Dixon, an independent non-executive director, as the new chair, bringing the company back into compliance with ASX corporate governance standards. This change ensures the Audit Committee is composed of only non-executive directors, a majority of whom are independent, with an independent chairperson who is not the chairperson of the board, and at least three members.
The most recent analyst rating on (AU:CHN) stock is a Hold with a A$2.00 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 a company operating in the mining industry, focused on exploration and development of mineral resources. The company is listed on the Australian Securities Exchange (ASX) under the ticker CHN.
Average Trading Volume: 2,772,149
Technical Sentiment Signal: Sell
Current Market Cap: A$680.9M
Find detailed analytics on CHN stock on TipRanks’ Stock Analysis page.