Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Eastern Metals Limited ( (AU:EMS) ) has issued an update.
Eastern Metals Limited has detailed its current corporate governance framework, confirming its adoption, where appropriate to its size and nature, of the ASX Corporate Governance Council’s Principles and Recommendations, and outlining the Board’s role in overseeing strategy, risk management, internal controls and performance on behalf of shareholders. The company currently operates with an independent non-executive chairman and two independent non-executive directors, but has flagged significant board and key management changes contingent on completing a proposed acquisition of Raptor Resources Limited, including appointing Brett Wallace as managing director, Adam Sierakowski as independent non-executive chair, changes to non-executive director roles, and a new company secretary, underscoring a potential strategic shift in leadership and direction if the transaction proceeds.
The most recent analyst rating on (AU:EMS) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Eastern Metals Limited stock, see the AU:EMS Stock Forecast page.
More about Eastern Metals Limited
Eastern Metals Limited is an Australian minerals exploration company focused on discovering and developing mineral resources. Its board collectively brings experience in mineral exploration, geology, corporate governance, capital raisings, mergers and acquisitions, listed company management and accounting, positioning the business to pursue growth in the resources sector.
Technical Sentiment Signal: Sell
See more data about EMS stock on TipRanks’ Stock Analysis page.