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Medallion Metals Ltd ( (AU:MM8) ) has shared an update.
Medallion Metals has disclosed a change in director John Fitzgerald’s indirect interests in the company’s shares following his participation in Medallion’s share purchase plan. Through two family-related accounts in which he is a trustee and beneficiary, Fitzgerald acquired 23,759 additional ordinary fully paid MM8 shares for a total consideration of A$7,840.47, increasing his indirect shareholding while retaining his existing unlisted options. The on-market capital management move modestly lifts director alignment with shareholders and signals continuing insider support for the company’s equity funding activities.
The most recent analyst rating on (AU:MM8) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Medallion Metals Ltd stock, see the AU:MM8 Stock Forecast page.
More about Medallion Metals Ltd
Medallion Metals Limited is an Australian-listed resources company (ASX: MM8) operating in the mining and exploration sector. The company is focused on advancing and funding its projects through equity capital markets, with its securities actively traded on the ASX.
Average Trading Volume: 1,358,485
Technical Sentiment Signal: Buy
Current Market Cap: A$393.9M
For an in-depth examination of MM8 stock, go to TipRanks’ Overview page.