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Lunnon Metals Limited ( (AU:LM8) ) has shared an update.
Lunnon Metals Limited announced a change in the interest of its director, Deborah Lord, involving the acquisition of 317,886 unlisted options. These options were issued in lieu of director’s fees, with shareholder approval, as part of the company’s 2022 Employee Awards Plan. This move reflects the company’s strategy to align director compensation with shareholder interests and potentially improve its financial flexibility.
The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.
More about Lunnon Metals Limited
Lunnon Metals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction and production of base metals, with a market focus on expanding its resource base and enhancing shareholder value.
Average Trading Volume: 226,054
Technical Sentiment Signal: Buy
Current Market Cap: A$67M
For an in-depth examination of LM8 stock, go to TipRanks’ Overview page.