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Kingston Resources Announces Director’s Interest Change

Story Highlights
  • Kingston Resources operates in the mining industry, focusing on gold production.
  • The company announced changes in director’s interests, impacting governance and strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kingston Resources Announces Director’s Interest Change

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Kingston Resources Ltd. ( (AU:KSN) ) has provided an update.

Kingston Resources Ltd. has announced a change in the director’s interest, specifically involving Mick Wilkes. The change includes an off-market transfer of 3,945,679 fully paid ordinary shares from Eligius Holdings Pty Ltd to Mick Wilkes, and the issuance of 369,333 FY26 Unlisted Service Fee Options under the Employee Incentive Scheme, approved at the recent AGM. This adjustment in director’s interest reflects internal restructuring and alignment with the company’s strategic goals, potentially impacting the company’s governance and stakeholder confidence.

The most recent analyst rating on (AU:KSN) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Kingston Resources Ltd. stock, see the AU:KSN Stock Forecast page.

More about Kingston Resources Ltd.

Kingston Resources Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the production of gold and other valuable minerals, aiming to enhance its market position through strategic resource management.

Average Trading Volume: 2,695,835

Technical Sentiment Signal: Buy

Current Market Cap: A$100.8M

For detailed information about KSN stock, go to TipRanks’ Stock Analysis page.

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