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Deterra Royalties Ltd ( (AU:DRR) ) has provided an announcement.
Deterra Royalties Ltd has announced the issuance of 28,112 share rights under an employee incentive scheme. These unquoted securities are subject to transfer restrictions and will not be quoted on the ASX until the restrictions are lifted. This move is part of Deterra’s strategy to align employee interests with company performance, potentially enhancing operational efficiency and stakeholder value.
The most recent analyst rating on (AU:DRR) stock is a Buy with a A$4.20 price target. To see the full list of analyst forecasts on Deterra Royalties Ltd stock, see the AU:DRR Stock Forecast page.
More about Deterra Royalties Ltd
Deterra Royalties Ltd operates in the mining industry, focusing on managing and acquiring royalty streams from mineral resources. The company primarily deals with iron ore royalties and aims to provide stable returns to its stakeholders through strategic investments in mining royalties.
Average Trading Volume: 1,439,369
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.32B
Find detailed analytics on DRR stock on TipRanks’ Stock Analysis page.