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Investigator Resources Ltd ( (AU:IVR) ) has issued an update.
Investigator Silver Limited has disclosed a change in the indirect interests of director Richard Hillis, following the exercise and lapse of certain unlisted options. Through family-related accounts, Hillis exercised 1,941,747 unlisted options on a cashless basis, resulting in the acquisition of 58,253 fully paid ordinary shares, while the remaining unlisted options in that tranche, expiring in December 2025, were effectively disposed of. After the transaction, Hillis’ indirect holdings now comprise 1,439,664 fully paid ordinary shares, 259,856 listed options exercisable at $0.042 expiring in March 2028, and 2,000,000 unlisted options exercisable at $0.0825 expiring in December 2028, signalling a consolidation of his equity position and extending his exposure to the company’s longer-dated options.
The most recent analyst rating on (AU:IVR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Investigator Resources Ltd stock, see the AU:IVR Stock Forecast page.
More about Investigator Resources Ltd
Investigator Silver Limited, also known as Investigator Resources, operates in the resources sector with a focus on silver exploration and development. The company is listed on the ASX and its securities include fully paid ordinary shares, listed options and unlisted options, reflecting its capital structure typical of junior exploration and development companies in the Australian mining industry.
YTD Price Performance: 330.0%
Average Trading Volume: 13,718,270
Technical Sentiment Signal: Buy
Current Market Cap: A$170.3M
Find detailed analytics on IVR stock on TipRanks’ Stock Analysis page.