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Kingsgate Director Peter Warren Cuts Indirect Shareholding by 25%

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Kingsgate Director Peter Warren Cuts Indirect Shareholding by 25%

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Kingsgate Consolidated Limited ( (AU:KCN) ) has shared an update.

Kingsgate Consolidated has reported a change in the relevant interests of director Peter William Warren, who disposed of 50,000 fully paid ordinary shares held indirectly through the Peter Warren Superannuation Fund. Following this on-market trade at approximately $6.37 per share, Warren’s indirect holding in Kingsgate has decreased from 200,000 to 150,000 shares, with no related changes in contracts or trading during a closed period disclosed.

The most recent analyst rating on (AU:KCN) stock is a Buy with a A$6.95 price target. To see the full list of analyst forecasts on Kingsgate Consolidated Limited stock, see the AU:KCN Stock Forecast page.

More about Kingsgate Consolidated Limited

Kingsgate Consolidated Limited is an Australian-listed company engaged in gold mining and exploration activities. The company’s operations and assets are focused on developing and managing gold resources, with its shares traded on the ASX, making director share movements relevant to investors and market participants.

YTD Price Performance: 14.30%

Average Trading Volume: 2,083,584

Technical Sentiment Signal: Buy

Current Market Cap: A$1.69B

See more insights into KCN stock on TipRanks’ Stock Analysis page.

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