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Magnum Mining and Exploration Limited ( (AU:MGU) ) just unveiled an update.
Magnum Mining & Exploration Limited has disclosed a change in director Athan Lekkas’s indirect interests, with his related entity Berlurly Mining Pty Ltd receiving 30 million listed director options. The options, issued at a nominal price of $0.00001 each under an options prospectus and a board performance plan previously approved by shareholders, increase Berlurly Mining’s holdings to 66.67 million ordinary shares, 25 million performance rights and 30 million options, further aligning the director’s incentives with the company’s equity performance.
The most recent analyst rating on (AU:MGU) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Magnum Mining and Exploration Limited stock, see the AU:MGU Stock Forecast page.
More about Magnum Mining and Exploration Limited
Magnum Mining & Exploration Limited is an Australian-listed resources company engaged in mining and mineral exploration activities, giving investors exposure to the commodities sector through its exploration and development projects.
Average Trading Volume: 19,782,255
Technical Sentiment Signal: Sell
Current Market Cap: A$19.16M
See more data about MGU stock on TipRanks’ Stock Analysis page.