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The latest update is out from Deterra Royalties Ltd ( (AU:DRR) ).
Deterra Royalties Ltd has announced the issuance of 64,052 unquoted share rights under an employee incentive scheme, which are subject to transfer restrictions and will not be quoted on the ASX until these restrictions are lifted. This move is part of the company’s efforts to align employee interests with its long-term performance, potentially enhancing its operational efficiency and market positioning.
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 royalties related to mineral resources. The company primarily deals with royalty interests in iron ore assets, providing stakeholders with exposure to the mining sector’s financial performance without direct operational involvement.
Average Trading Volume: 1,439,369
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$2.32B
For detailed information about DRR stock, go to TipRanks’ Stock Analysis page.