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Magnetic Resources Announces Director’s Change in Securities Interests

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Magnetic Resources Announces Director’s Change in Securities Interests

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Magnetic Resources NL ( (AU:MAU) ) has issued an update.

Magnetic Resources NL has announced a change in the director’s interest, specifically involving George Sakalidis. The changes include the acquisition of 75,664 ordinary shares and the disposal of 1,500,000 unlisted options. This adjustment in the director’s holdings may impact the company’s stock dynamics and reflects strategic financial decisions by the management.

The most recent analyst rating on (AU:MAU) stock is a Buy with a A$3.98 price target. To see the full list of analyst forecasts on Magnetic Resources NL stock, see the AU:MAU Stock Forecast page.

More about Magnetic Resources NL

Magnetic Resources NL is a company operating in the mining industry, focusing primarily on the exploration and development of mineral resources. The company is involved in the extraction and management of various mineral assets, with a market focus on enhancing its portfolio through strategic acquisitions and developments.

Average Trading Volume: 367,470

Technical Sentiment Signal: Hold

Current Market Cap: A$361.7M

For a thorough assessment of MAU stock, go to TipRanks’ Stock Analysis page.

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