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Energy Resources of Australia Class A ( (AU:ERA) ) just unveiled an update.
Energy Resources of Australia has disclosed a change in director Alfred Grigg’s indirect interests in Rio Tinto Limited securities, stemming from vesting and purchases under Rio Tinto’s global employee share arrangements. Grigg’s holdings through trustee and nominee structures were adjusted following the vesting and issue of matching Rio Tinto share rights, the issuance of additional shares in lieu of dividends, and the purchase of new shares under the myShare plan, reflecting routine remuneration-related equity movements rather than a strategic shift in his exposure.
The most recent analyst rating on (AU:ERA) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Energy Resources of Australia Class A stock, see the AU:ERA Stock Forecast page.
More about Energy Resources of Australia Class A
Energy Resources of Australia Ltd is an Australian-listed company in the resources sector, historically associated with uranium mining and closely linked to Rio Tinto through ownership and management structures. Its directors and executives commonly participate in Rio Tinto’s global employee equity schemes, aligning their incentives with the broader Rio Tinto group’s performance.
Technical Sentiment Signal: Sell
Current Market Cap: A$1.22B
For an in-depth examination of ERA stock, go to TipRanks’ Overview page.