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Metro Mining Announces Director’s Share Transfer

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Metro Mining Limited ( (AU:MMI) ) has provided an update.

Metro Mining Limited announced a change in the director’s interest notice involving Douglas Ritchie. The change involved the transfer of 5,201,404 ordinary shares from Mr. Ritchie to his family trust, Pleiades Partners Pty Ltd, with an estimated value of AUD$265,271. This transfer does not alter the total number of securities held by Mr. Ritchie, as the shares are now held by the family trust. The announcement reflects internal adjustments in shareholding without impacting the company’s overall operations or market positioning.

The most recent analyst rating on (AU:MMI) stock is a Buy with a A$0.14 price target. To see the full list of analyst forecasts on Metro Mining Limited stock, see the AU:MMI Stock Forecast page.

More about Metro Mining Limited

Metro Mining Limited operates in the mining industry, focusing on the extraction and production of bauxite. The company is primarily engaged in mining activities and has a market focus on supplying raw materials for aluminum production.

Average Trading Volume: 11,307,393

Technical Sentiment Signal: Hold

Current Market Cap: A$316.8M

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

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