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Meeka Metals Director Increases Shareholding Through Option Conversion

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Meeka Metals Director Increases Shareholding Through Option Conversion

Confident Investing Starts Here:

Meeka Gold Limited ( (AU:MEK) ) has provided an announcement.

Meeka Metals Limited, a company involved in the mining sector, announced a change in the director’s interest notice. Paul Ian Chapman, a director and shareholder, converted 250,000 unlisted options into fully paid ordinary shares, increasing his total shareholding to 15,104,167 shares. This change reflects a strategic financial decision by the director, potentially impacting the company’s stock value and signaling confidence in the company’s future prospects.

The most recent analyst rating on (AU:MEK) stock is a Buy with a A$0.15 price target. To see the full list of analyst forecasts on Meeka Gold Limited stock, see the AU:MEK Stock Forecast page.

More about Meeka Gold Limited

Average Trading Volume: 10,967,978

Technical Sentiment Signal: Buy

Current Market Cap: A$389.9M

Learn more about MEK stock on TipRanks’ Stock Analysis page.

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