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Challenger Gold Director Sees Performance Rights Lapse Without Changing Shareholding Base

Story Highlights
  • Challenger Gold focuses on gold exploration and development projects in the mining sector.
  • Director Pinchas Althaus saw 1,000,000 performance rights lapse, while his substantial ordinary shareholding remains unchanged.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Challenger Gold Director Sees Performance Rights Lapse Without Changing Shareholding Base

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An update from Challenger Exploration Limited ( (AU:CEL) ) is now available.

Challenger Gold Limited has reported a change in director Pinchas Althaus’s interests, following the lapse of 1,000,000 performance rights with no consideration. After the change, Althaus retains 6.3 million ordinary shares in his own name and maintains an indirect interest through Pasama Pty Ltd, which continues to hold 11.2 million ordinary shares, indicating no alteration to his substantial shareholding position.

The most recent analyst rating on (AU:CEL) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Challenger Exploration Limited stock, see the AU:CEL Stock Forecast page.

More about Challenger Exploration Limited

Challenger Gold Limited is an ASX-listed resources company focused on gold exploration and development. The company’s activities centre on identifying, acquiring, and advancing gold assets, targeting opportunities that can deliver resource growth and support future production in the mining sector.

Average Trading Volume: 4,681,904

Technical Sentiment Signal: Buy

Current Market Cap: A$353.6M

For detailed information about CEL stock, go to TipRanks’ Stock Analysis page.

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