tiprankstipranks
Trending News
More News >

Magnetic Resources Director Increases Shareholding

Story Highlights
Magnetic Resources Director Increases Shareholding

Confident Investing Starts Here:

Magnetic Resources NL ( (AU:MAU) ) has shared an announcement.

Magnetic Resources NL announced a change in the director’s interest, with Mr. Hian Siang Chan exercising unlisted options to acquire additional ordinary shares. This change reflects an increase in Mr. Chan’s shareholding, indicating confidence in the company’s future prospects and potentially impacting stakeholder perceptions positively.

The most recent analyst rating on (AU:MAU) stock is a Buy with a A$2.53 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 on the exploration and development of mineral resources. The company is involved in identifying and exploiting mineral deposits to support the growing demand for raw materials in various sectors.

Average Trading Volume: 147,230

Technical Sentiment Signal: Buy

Current Market Cap: A$409.6M

For an in-depth examination of MAU stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1