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Heavy Minerals Ltd ( (AU:HVY) ) has provided an announcement.
Heavy Minerals Limited has notified the market of the issue of 900,000 unquoted options under its employee incentive scheme, with these options set to expire on 11 December 2028 and not intended to be quoted on the ASX. The move expands the company’s pool of employee equity incentives, aligning staff interests with long-term shareholder value and signalling an ongoing use of equity-based remuneration to attract and retain key personnel.
The most recent analyst rating on (AU:HVY) stock is a Hold with a A$0.49 price target. To see the full list of analyst forecasts on Heavy Minerals Ltd stock, see the AU:HVY Stock Forecast page.
More about Heavy Minerals Ltd
Heavy Minerals Limited is an ASX-listed resources company, identified by issuer code HVY, operating in the minerals sector with a focus likely on exploration and development of heavy mineral assets, although the specific projects or products are not detailed in this announcement.
Average Trading Volume: 87,758
Technical Sentiment Signal: Buy
See more data about HVY stock on TipRanks’ Stock Analysis page.