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Desoto Resources Ltd. ( (AU:DES) ) has issued an announcement.
Desoto Resources Limited has announced the issuance of 14 million unquoted equity securities in the form of options expiring on November 28, 2030. This move is part of an employee incentive scheme and is not intended to be quoted on the ASX, indicating a strategic effort to retain and motivate its workforce.
The most recent analyst rating on (AU:DES) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Desoto Resources Ltd. stock, see the AU:DES Stock Forecast page.
More about Desoto Resources Ltd.
Average Trading Volume: 658,048
Technical Sentiment Signal: Buy
Current Market Cap: A$39.68M
Learn more about DES stock on TipRanks’ Stock Analysis page.