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The latest update is out from Elementos Limited ( (AU:ELT) ).
Elementos Limited has disclosed a change in director Brett Smith’s holdings, reporting that he increased his direct interest in the company by acquiring 5,388 ordinary shares through participation in an entitlement offer at $0.28 per share. Following the transaction, Smith holds 167,023 ordinary shares and 750,000 unlisted options, a move that modestly strengthens insider ownership and may be viewed by investors as a sign of confidence in the company’s prospects.
The most recent analyst rating on (AU:ELT) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Elementos Limited stock, see the AU:ELT Stock Forecast page.
More about Elementos Limited
Elementos Limited is an Australia-listed company; the filing does not specify its industry, products or markets within this document.
Average Trading Volume: 318,648
Technical Sentiment Signal: Buy
Current Market Cap: A$96.93M
For detailed information about ELT stock, go to TipRanks’ Stock Analysis page.