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Diatreme Resources Limited ( (AU:DRX) ) has issued an update.
Diatreme Resources Limited has announced a change in the director’s interest, with Brian Joseph Flannery acquiring an additional 24,124 ordinary shares through an on-market trade. This change reflects a minor increase in his indirect shareholding, which is held through HSBC Custody Nominees (Australia) Ltd on behalf of Ilwella Pty Ltd, a company he controls. The acquisition may indicate confidence in the company’s future prospects, potentially influencing stakeholder perceptions and market positioning.
More about Diatreme Resources Limited
Diatreme Resources Limited operates in the mining industry, focusing on the exploration and development of mineral sands, copper, and gold deposits. The company is engaged in projects primarily located in Australia, aiming to supply critical minerals to the global market.
Average Trading Volume: 977,539
Technical Sentiment Signal: Sell
Current Market Cap: A$95.16M
See more insights into DRX stock on TipRanks’ Stock Analysis page.