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DevEx Resources Ltd ( (AU:DEV) ) just unveiled an update.
DevEx Resources has disclosed a change in director Matthew Yates’ indirect shareholding following his participation in the company’s Share Purchase Plan. Through Beacon Exploration Pty Ltd, of which Yates is the sole director, his indirect holding of fully paid ordinary shares increased from 100,000 to 306,897 after acquiring an additional 206,897 shares for $30,000, signalling further alignment of the director’s interests with those of shareholders.
The most recent analyst rating on (AU:DEV) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on DevEx Resources Ltd stock, see the AU:DEV Stock Forecast page.
More about DevEx Resources Ltd
DevEx Resources Limited is an Australian-listed resources company operating in the mining and exploration sector. The company is involved in the acquisition, exploration and development of mineral projects, providing investors with exposure to resource-based growth and commodity market cycles.
YTD Price Performance: 91.49%
Average Trading Volume: 1,138,212
Technical Sentiment Signal: Hold
Current Market Cap: A$99.38M
For a thorough assessment of DEV stock, go to TipRanks’ Stock Analysis page.