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Gascoyne Resources Director Converts Performance Rights to Shares

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Gascoyne Resources Director Converts Performance Rights to Shares

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Gascoyne Resources Limited ( (AU:SPR) ) has provided an announcement.

Gascoyne Resources Limited has announced a change in the director’s interest notice concerning Mark Hine. The change involves the conversion of 234,650 vested performance rights into fully paid ordinary shares, increasing his direct holdings while maintaining his indirect holdings through the M.A. Hine Superannuation Fund. This conversion reflects a strategic alignment of interests and potential confidence in the company’s future prospects.

The most recent analyst rating on (AU:SPR) stock is a Buy with a A$1.70 price target. To see the full list of analyst forecasts on Gascoyne Resources Limited stock, see the AU:SPR Stock Forecast page.

More about Gascoyne Resources Limited

Average Trading Volume: 5,867,424

Technical Sentiment Signal: Buy

Current Market Cap: A$2.58B

Learn more about SPR stock on TipRanks’ Stock Analysis page.

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