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The latest announcement is out from GBM Resources Limited ( (AU:GBZ) ).
GBM Resources Limited announced a change in the director’s interest, specifically involving Andrew Krelle. The change involved the conversion of performance rights into fully paid ordinary shares, resulting in an increase of 5,000,000 shares and a decrease of 5,000,000 performance rights. This adjustment reflects the company’s ongoing efforts to align management interests with market performance, potentially impacting stakeholder confidence and market perception.
The most recent analyst rating on (AU:GBZ) stock is a Buy with a A$0.09 price target. To see the full list of analyst forecasts on GBM Resources Limited stock, see the AU:GBZ Stock Forecast page.
More about GBM Resources Limited
GBM Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily deals with gold and copper projects, aiming to enhance its market presence through strategic acquisitions and partnerships.
Average Trading Volume: 12,997,392
Technical Sentiment Signal: Hold
Current Market Cap: A$175.6M
See more insights into GBZ stock on TipRanks’ Stock Analysis page.