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Legacy Iron Ore Announces Retirement of Non-Executive Director Viswanath Suresh

Story Highlights
  • Legacy Iron Ore is a Western Australian resources company developing iron ore, gold, base metals and tungsten projects.
  • Non-executive director Viswanath Suresh has retired from Legacy Iron’s board after becoming CMD of MOIL Ltd, slightly reshaping its governance structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Legacy Iron Ore Announces Retirement of Non-Executive Director Viswanath Suresh

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Legacy Iron Ore Ltd ( (AU:LCY) ) has issued an announcement.

Legacy Iron Ore has announced the retirement of non-executive director Viswanath Suresh from its board following his appointment as Chairman-cum-Managing Director of MOIL Ltd. The board has acknowledged Suresh’s contribution and leadership, with the change marking a routine governance transition that slightly reshapes the company’s board composition but does not signal any immediate shift in operational or strategic focus for the miner.

The most recent analyst rating on (AU:LCY) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Legacy Iron Ore Ltd stock, see the AU:LCY Stock Forecast page.

More about Legacy Iron Ore Ltd

Legacy Iron Ore Limited is a Western Australia-based resources company focused on the discovery, development and operation of iron ore, base metals, tungsten and gold projects. Listed on the ASX since 2008, the company has advanced a portfolio that includes the Mt Bevan Iron Ore Project, the South Laverton Gold Project, and the East Kimberley gold, base metals and rare earths project, targeting capital growth through profitable mining assets.

Technical Sentiment Signal: Sell

Current Market Cap: A$74.38M

See more data about LCY stock on TipRanks’ Stock Analysis page.

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