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Meteoric Resources Director Sells 1 Million Shares in On-Market Trade

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Meteoric Resources Director Sells 1 Million Shares in On-Market Trade

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Meteoric Resources NL ( (AU:MEI) ) has issued an announcement.

Meteoric Resources NL has notified the ASX of a change in the shareholding of director Marcelo de Carvalho, who has sold 1,000,000 fully paid ordinary shares in on-market transactions on 8 and 9 January 2026 at a price of $0.1935 per share. Following the sale, de Carvalho retains 5,123,200 fully paid ordinary shares along with his existing Class C and Class D performance rights, and the company confirmed the trades did not occur during a closed period requiring prior written clearance, indicating routine portfolio management rather than a governance or compliance issue.

The most recent analyst rating on (AU:MEI) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on Meteoric Resources NL stock, see the AU:MEI Stock Forecast page.

More about Meteoric Resources NL

Meteoric Resources NL is an Australian-listed resources company operating in the mining and exploration sector. It focuses on the acquisition, exploration and development of mineral assets, with its securities traded on the ASX, making it subject to Australian corporate and market disclosure requirements.

Average Trading Volume: 10,587,949

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$515.5M

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

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