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Greenwing Director Peter Wright Increases Shareholding via On-Market Purchase

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Greenwing Director Peter Wright Increases Shareholding via On-Market Purchase

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Greenwing Resources Ltd ( (AU:GW1) ) has issued an announcement.

Greenwing Resources Ltd has disclosed a change in the holdings of director Peter Stanley Wright, who increased his interest in the company by purchasing 185,000 ordinary shares on market at $0.037 per share. Following this transaction, Wright now holds 13,224,905 ordinary shares, in addition to 2,000,000 performance rights and 8,000,000 options exercisable at $0.08 each by 31 December 2029, underscoring continued insider ownership and potential alignment of management with shareholder interests.

The most recent analyst rating on (AU:GW1) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Greenwing Resources Ltd stock, see the AU:GW1 Stock Forecast page.

More about Greenwing Resources Ltd

Greenwing Resources Ltd is an Australian-listed company operating in the resources sector, with its securities traded on the ASX. The company’s capital structure includes ordinary shares, performance rights and listed options, reflecting typical financing instruments used by small to mid-cap resource companies to fund exploration and development activities.

Average Trading Volume: 457,616

Technical Sentiment Signal: Sell

Current Market Cap: A$14.73M

Find detailed analytics on GW1 stock on TipRanks’ Stock Analysis page.

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