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Iron Road Ltd ( (AU:IRD) ) has provided an announcement.
Iron Road Ltd announced that 8,000,000 unquoted performance rights issued to its CEO and Executive Director have lapsed due to unmet KPI-based vesting conditions. This development may impact the company’s executive incentive structure and reflects on the challenges faced in meeting strategic performance targets.
More about Iron Road Ltd
Iron Road Ltd operates within the mining industry, focusing on the development of iron ore projects. The company is listed on the Australian Securities Exchange (ASX) under the ticker IRD.
YTD Price Performance: -57.63%
Average Trading Volume: 218,726
Technical Sentiment Signal: Sell
Current Market Cap: A$20.72M
See more insights into IRD stock on TipRanks’ Stock Analysis page.