Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Magnetic Resources NL ( (AU:MAU) ) has issued an update.
Magnetic Resources NL has announced a change in the director’s interest, specifically for Mr. Eric (Jin Huei) Lim. The change involved the acquisition of 37,832 ordinary shares and the disposal of 750,000 unlisted options exercisable at $1.20, resulting in a new holding of 16,730,560 shares and 750,000 unlisted options exercisable at $1.53. This adjustment reflects a strategic realignment in the director’s investment, potentially impacting the company’s governance and shareholder confidence.
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
Average Trading Volume: 367,470
Technical Sentiment Signal: Hold
Current Market Cap: A$361.7M
For detailed information about MAU stock, go to TipRanks’ Stock Analysis page.