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Metal Powder Works Corrects Director Interest Disclosure on Performance Rights

Story Highlights
  • Metal Powder Works corrects a prior director interest notice, clarifying holdings in several performance rights classes.
  • The revised disclosure underscores the company’s attention to accurate securities reporting and ASX governance compliance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Metal Powder Works Corrects Director Interest Disclosure on Performance Rights

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An update from Metal Powder Works Limited ( (AU:MPW) ) is now available.

Metal Powder Works Limited has issued a correction to a previously lodged Change of Director’s Interest Notice relating to Managing Director John Barnes, clarifying that Metal Powder Holdings LLC holds 750,000 Performance Rights in each of the D, E, F and G classes. The updated disclosure, authorised by the company secretary, ensures accurate reporting of director-related securities and reinforces the company’s compliance with ASX corporate governance and transparency requirements.

The most recent analyst rating on (AU:MPW) stock is a Buy with a A$4.10 price target. To see the full list of analyst forecasts on Metal Powder Works Limited stock, see the AU:MPW Stock Forecast page.

More about Metal Powder Works Limited

Metal Powder Works Limited is a Pittsburgh, USA-based manufacturer specialising in high-quality metal powders for additive manufacturing and other advanced applications. The company has developed a patented non-thermal powder production process called DirectPowder™, which converts premium bar stock into powder, improving yield and affordability across more than 20 powders in production, including high-strength aluminium, copper and copper-nickel alloys, as well as specialty materials like CP-Ti and Zircaloy. In 2024, it was recognised as Material Company of the Year by the 3D Printing Industry Awards.

Average Trading Volume: 297,086

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$273.5M

See more insights into MPW stock on TipRanks’ Stock Analysis page.

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