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Energy Resources of Australia Class A ( (AU:ERA) ) has provided an announcement.
Energy Resources of Australia has disclosed a change in director Justin Carey’s relevant interests in Rio Tinto Limited securities, reflecting adjustments under Rio Tinto’s global employee share schemes. Carey’s indirect holdings increased slightly following the vesting and issue of matching share rights and the purchase of additional Rio Tinto shares through the myShare plan, with no cash consideration for the vested rights and standard market pricing applied to purchased shares. The notification confirms that the trades did not occur during a closed period and indicates routine remuneration-related equity movements rather than any strategic shift, providing transparency for shareholders regarding director equity exposure linked to Rio Tinto.
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 mining company focused on uranium production and related activities, operating within the broader resources sector and historically associated with major industry player Rio Tinto through ownership and management links.
Technical Sentiment Signal: Sell
Current Market Cap: A$1.22B
Learn more about ERA stock on TipRanks’ Stock Analysis page.