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Gascoyne Resources Director Increases Shareholding

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Gascoyne Resources Director Increases Shareholding

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The latest update is out from Gascoyne Resources Limited ( (AU:SPR) ).

Gascoyne Resources Limited has announced a change in the director’s interest notice, specifically for Director David Coyne. The change involves the conversion of 2,041,959 vested performance rights into fully paid ordinary shares, increasing Coyne’s direct shareholding to 8,254,827 shares. This conversion indicates a significant increase in Coyne’s equity stake, reflecting confidence in the company’s future performance.

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

For an in-depth examination of SPR stock, go to TipRanks’ Overview page.

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