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Empire Resources Director Increases Shareholding

Story Highlights
  • Empire Resources operates in mining, focusing on mineral exploration and development.
  • Director Michael Ruane acquired 1,000,000 shares, signaling confidence in the company.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

Empire Resources Limited ( (AU:ERL) ) has issued an update.

Empire Resources Limited has announced a change in the director’s interest in securities, with Director Michael Ruane acquiring an additional 1,000,000 fully paid ordinary shares, bringing his total to 561,487,838 shares. This acquisition, conducted through on-market purchases, reflects a strategic move to increase holdings, potentially signaling confidence in the company’s future prospects and stability in its market positioning.

More about Empire Resources Limited

Empire Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is involved in the production and sale of minerals, with a market focus on expanding its resource base and enhancing shareholder value.

Current Market Cap: A$7.42M

See more data about ERL stock on TipRanks’ Stock Analysis page.

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