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Iris Metals Director Increases Stake with New Acquisitions

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Iris Metals Director Increases Stake with New Acquisitions

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Iris Metals Limited ( (AU:IR1) ) just unveiled an announcement.

Iris Metals Limited has announced a change in the director’s interest, specifically for Kevin Smith. The update reveals that Smith has acquired 1,000,000 performance rights in each of three classes, with vesting dates to be determined, and 1,500,000 ordinary fully paid shares. This change in holdings could potentially impact the company’s governance and shareholder interests, as it reflects a significant increase in the director’s stake in the company.

More about Iris Metals Limited

YTD Price Performance: -37.50%

Average Trading Volume: 155,765

Technical Sentiment Signal: Buy

Current Market Cap: A$26.71M

For a thorough assessment of IR1 stock, go to TipRanks’ Stock Analysis page.

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