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Jupiter Mines Limited ( (AU:JMS) ) has shared an update.
Jupiter Mines has disclosed that director Brad Rogers sold a total of 1 million fully paid ordinary shares in the company on the ASX between 6 and 12 May 2026. The disposals, executed in multiple tranches at aggregate consideration of around A$269,250, reduce his direct shareholding to 5,345,232 shares while leaving his substantial short- and long-term performance rights unchanged.
The company stated that the on-market sales were undertaken to fund an outstanding tax liability arising from the vesting of performance rights. The transaction clarifies the director’s updated equity position and signals that the sales are related to personal tax obligations rather than a broader change in confidence in Jupiter Mines’ prospects.
The most recent analyst rating on (AU:JMS) stock is a Buy with a A$0.32 price target. To see the full list of analyst forecasts on Jupiter Mines Limited stock, see the AU:JMS Stock Forecast page.
More about Jupiter Mines Limited
Jupiter Mines Limited is an Australia-listed mining company focused on the production and development of manganese assets. Its primary operations are linked to manganese ore, a key input for steelmaking, positioning the company as a supplier to global steel and alloy markets.
Average Trading Volume: 2,575,528
Technical Sentiment Signal: Buy
Current Market Cap: A$530.8M
See more insights into JMS stock on TipRanks’ Stock Analysis page.