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ITech Minerals LTD ( (AU:ITM) ) has issued an update.
iTech Minerals Ltd has reported a change in the indirect security holdings of director Gary Ferris, relating to interests held via the Ferris Family account, where he is both trustee and beneficiary. The notice confirms that while Ferris’s shareholding remains unchanged at 1,055,550 fully paid ordinary shares, 750,000 of his unquoted performance rights have lapsed at no consideration after vesting conditions were not met, reducing his total performance rights to 1,250,000 and signalling a performance-based adjustment rather than an active trade or new issuance.
The most recent analyst rating on (AU:ITM) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on ITech Minerals LTD stock, see the AU:ITM Stock Forecast page.
More about ITech Minerals LTD
Average Trading Volume: 1,347,971
Technical Sentiment Signal: Sell
Current Market Cap: A$12.9M
For an in-depth examination of ITM stock, go to TipRanks’ Overview page.