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Cygnus Metals Limited ( (AU:CY5) ) just unveiled an announcement.
Cygnus Metals Limited has disclosed a change in director Ernest Mast’s interests in the company’s securities, following his transition from Managing Director to Non-Executive Director. Mast has voluntarily forfeited, by mutual agreement and for no cash consideration, 3 million Class AB and 3 million Class AC performance rights expiring on 31 May 2030, reducing his holdings in these classes to 1 million rights each while leaving his share and option positions unchanged; the adjustment aligns his equity incentives with his revised, less executive-focused role on the board.
The most recent analyst rating on (AU:CY5) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on Cygnus Metals Limited stock, see the AU:CY5 Stock Forecast page.
More about Cygnus Metals Limited
Cygnus Metals Limited is an Australian-listed company operating in the metals and mining sector. The company’s activities center on the exploration and development of mineral resources, with its securities traded on the ASX under standard corporate governance and disclosure obligations for listed resource companies.
Average Trading Volume: 2,131,838
Technical Sentiment Signal: Buy
Current Market Cap: A$149M
Find detailed analytics on CY5 stock on TipRanks’ Stock Analysis page.