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Mt Monger Resources Ltd. ( (AU:MTM) ) has issued an announcement.
Metallium Ltd announced that its Managing Director, Michael Walshe, and U.S. President, Steve Ragiel, have sold a portion of shares to cover personal tax obligations resulting from the exercise of performance rights. The shares were sold to existing institutional investors in the USA and Australia, representing less than 30% of their total potential shareholdings. Both executives continue to hold significant equity in Metallium, aligning their interests with shareholders and demonstrating their commitment to the company’s long-term growth.
The most recent analyst rating on (AU:MTM) stock is a Buy with a A$0.96 price target. To see the full list of analyst forecasts on Mt Monger Resources Ltd. stock, see the AU:MTM Stock Forecast page.
More about Mt Monger Resources Ltd.
Metallium Ltd is a company operating in the resources industry, with a focus on exploration and development activities. The company is listed on the Australian Securities Exchange (ASX) and the OTCQX market, indicating its engagement with both Australian and international investors.
Average Trading Volume: 6,739,629
Technical Sentiment Signal: Buy
Current Market Cap: A$445.5M
See more insights into MTM stock on TipRanks’ Stock Analysis page.