Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An update from Metals X Limited ( (AU:MLX) ) is now available.
Metals X Limited has disclosed a change in director Patrick O’Connor’s indirect shareholding, reflecting an adjustment in insider ownership within the company. The transaction was made through Cenotaph Nominees Pty Ltd, an entity of which O’Connor is a director and beneficiary.
O’Connor’s holding, via Cenotaph Nominees, decreased from 1,000,000 to 250,000 fully paid ordinary shares after the on-market sale of 750,000 shares at an average price of $1.5085. The move reduces his economic exposure to the company and provides the market with updated information on director interests, as required under ASX listing rules.
The most recent analyst rating on (AU:MLX) stock is a Buy with a A$1.60 price target. To see the full list of analyst forecasts on Metals X Limited stock, see the AU:MLX Stock Forecast page.
More about Metals X Limited
Metals X Limited is an Australian-listed resources company operating in the mining sector. It is involved in the exploration, development and production of metal commodities, with its shares traded on the ASX, attracting a broad base of institutional and retail investors interested in exposure to metals markets.
Average Trading Volume: 3,693,266
Technical Sentiment Signal: Buy
Current Market Cap: A$1.27B
Find detailed analytics on MLX stock on TipRanks’ Stock Analysis page.