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An update from Magnetite Mines Limited ( (AU:MGT) ) is now available.
Magnetite Mines Limited announced a change in the director’s interest, specifically for Timothy Leigh Dobson, involving the acquisition and lapse of various securities. The changes include the issuance of unquoted options and unlisted performance rights, reflecting strategic adjustments in the company’s executive holdings, which could impact its operational strategies and stakeholder interests.
The most recent analyst rating on (AU:MGT) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Magnetite Mines Limited stock, see the AU:MGT Stock Forecast page.
More about Magnetite Mines Limited
Magnetite Mines Limited operates in the mining industry, focusing primarily on the exploration and development of magnetite iron ore resources. The company is dedicated to advancing its projects to meet the growing demand for iron ore in global markets.
Average Trading Volume: 487,123
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$10.75M
For detailed information about MGT stock, go to TipRanks’ Stock Analysis page.