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The latest announcement is out from Cyprium Metals Limited ( (AU:CYM) ).
Cyprium Metals has disclosed a change in the indirect holdings of director Gary Ernest Comb, lodged under ASX listing rule 3.19A.2. The notice details movements in Comb’s interests held via Bluedale Pty Ltd across various family and superannuation accounts.
The filing shows Comb subscribed for 100,000 fully paid ordinary shares at A$0.52 per share under the second tranche of a placement offer approved at a recent extraordinary general meeting. The additional stake underscores director support for the company’s capital-raising efforts and marginally increases insider ownership, a development closely watched by existing and prospective investors.
The most recent analyst rating on (AU:CYM) stock is a Hold with a A$0.34 price target. To see the full list of analyst forecasts on Cyprium Metals Limited stock, see the AU:CYM Stock Forecast page.
More about Cyprium Metals Limited
Cyprium Metals Limited is an Australian resources company focused on the exploration and development of base metals projects. The company is listed on the ASX and its activities centre on identifying, advancing and monetising mineral assets, with a particular emphasis on creating value for shareholders through project development and capital management.
YTD Price Performance: -35.06%
Average Trading Volume: 1,342,483
Technical Sentiment Signal: Sell
Current Market Cap: A$175.2M
For detailed information about CYM stock, go to TipRanks’ Stock Analysis page.