Cooper Metals Director Increases Indirect Shareholding via On-Market Trades

Cooper Metals Limited ( (AU:CPM) ) has shared an announcement.

Cooper Metals Limited has disclosed a change in the indirect holdings of Director Michael Frayne, following on-market trades conducted through his associated entity, Chulu Holdings Pty Ltd. The notice details an increase in his beneficial ownership of fully paid ordinary shares, while his listed options and performance rights remain unchanged.

Chulu Holdings acquired 155,197 additional fully paid ordinary shares for a cash consideration of $7,734.60, lifting its total holding to 2,168,185 shares, alongside 160,000 listed options and 750,000 performance rights. The transaction modestly increases Frayne’s equity stake in Cooper Metals, providing investors with updated transparency on director alignment with shareholder interests as required under ASX disclosure rules.

The most recent analyst rating on (AU:CPM) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Cooper Metals Limited stock, see the AU:CPM Stock Forecast page.

More about Cooper Metals Limited

Cooper Metals Limited is an Australian-listed company engaged in resource exploration and development. The company focuses on identifying and advancing mineral assets, with its securities traded on the ASX, and its capital structure includes fully paid ordinary shares, listed options, and performance rights held by directors and associated entities.

Average Trading Volume: 144,454

Technical Sentiment Signal: Buy

Current Market Cap: A$4.31M

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