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Lightning Minerals Ltd. ( (AU:L1M) ) has issued an announcement.
Lightning Minerals director David Vilensky has increased his indirect stake in the company through Coilens Corporation Pty Ltd, acquiring 900,000 L1M shares in an on-market purchase. The shares were bought at an average price of $0.0235, for a total outlay of $21,400.
Following the transaction, Vilensky’s indirect interests now comprise 900,000 shares, 500,000 options exercisable at $0.25 by December 2030, and 436,364 Class H performance rights. The move signals strengthened board-level alignment with shareholders, as a key director commits additional capital at current market prices.
The most recent analyst rating on (AU:L1M) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Lightning Minerals Ltd. stock, see the AU:L1M Stock Forecast page.
More about Lightning Minerals Ltd.
Lightning Minerals Ltd is an Australian-listed resources company focused on mineral exploration and development. The company’s securities trade on the ASX under the ticker L1M, giving investors exposure to early-stage mining and commodity opportunities.
Average Trading Volume: 1,143,518
Technical Sentiment Signal: Sell
Current Market Cap: A$6.1M
For detailed information about L1M stock, go to TipRanks’ Stock Analysis page.