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King River Resources Limited ( (AU:KRR) ) has issued an update.
King River Resources Limited has issued 100,000,000 Performance Rights to its Managing Director, Graham Gadsby, following shareholder approval at the recent Annual General Meeting. This move, part of the company’s Employee Incentive Plan, is expected to align the director’s interests with those of the shareholders, potentially impacting the company’s operational strategy and stakeholder engagement positively.
The most recent analyst rating on (AU:KRR) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on King River Resources Limited stock, see the AU:KRR Stock Forecast page.
More about King River Resources Limited
King River Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in projects related to gold, silver, and other valuable minerals, aiming to enhance its market position through strategic resource management and development.
Average Trading Volume: 1,667,431
Technical Sentiment Signal: Buy
Current Market Cap: A$21.95M
Learn more about KRR stock on TipRanks’ Stock Analysis page.