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King River Resources Limited ( (AU:KRR) ) just unveiled an update.
King River Resources Limited has announced the issuance of 100,000,000 unquoted performance rights under an employee incentive scheme. These securities are subject to transfer restrictions and are not quoted on the ASX until the restrictions end, indicating a strategic move to incentivize employees and potentially align their interests with the company’s long-term goals.
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
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.