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DevEx Resources Ltd ( (AU:DEV) ) has issued an update.
DevEx Resources Ltd announced that Graham Kluck has ceased to be a substantial holder in the company as of December 9, 2025. This change occurred due to a dilution of shares resulting from new shares issued by the company, affecting over 25 million fully paid ordinary shares. The announcement indicates a shift in the company’s shareholder structure, which may impact its governance and decision-making processes.
The most recent analyst rating on (AU:DEV) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on DevEx Resources Ltd stock, see the AU:DEV Stock Forecast page.
More about DevEx Resources Ltd
YTD Price Performance: 86.17%
Average Trading Volume: 1,109,958
Technical Sentiment Signal: Buy
Current Market Cap: A$93.86M
For detailed information about DEV stock, go to TipRanks’ Stock Analysis page.